G-III Apparel Group Ltd (GIII)

Debt-to-capital ratio

Jan 31, 2025 Jan 31, 2024 Jan 31, 2023 Jan 31, 2022 Jan 31, 2021
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 1,679,480 1,550,260 1,385,450 1,519,910 1,336,240
Debt-to-capital ratio 0.00 0.00 0.00 0.00 0.00

January 31, 2025 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,679,480K)
= 0.00

The debt-to-capital ratio of G-III Apparel Group Ltd has consistently been at 0.00 from January 31, 2021, to January 31, 2025. This implies that the company has not used any debt to finance its operations or has very minimal debt compared to its total capital. A debt-to-capital ratio of 0.00 indicates a low financial risk and a strong financial position, as the company is mainly reliant on equity financing rather than debt. This may be viewed positively by investors and creditors as it suggests the company has a conservative approach to managing its capital structure and financial obligations. However, it is essential to consider other financial metrics and factors to gain a comprehensive understanding of the company's financial health and performance.