G-III Apparel Group Ltd (GIII)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
January 31, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,679,480K
= 0.00
The debt-to-equity ratio of G-III Apparel Group Ltd has been consistently at 0.00 for the years ranging from January 31, 2021, to January 31, 2025. This indicates that the company has not utilized any debt to finance its operations during this period and has relied solely on equity to fund its activities. A debt-to-equity ratio of 0.00 typically signifies a conservative financial strategy, reflecting a lower level of financial risk and a stronger financial position. The company's ability to maintain a debt-to-equity ratio of 0.00 over multiple years suggests prudent capital structure management and a potentially stable financial outlook.
Peer comparison
Jan 31, 2025