G-III Apparel Group Ltd (GIII)

Debt-to-equity ratio

Jan 31, 2025 Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 1,679,480 1,648,730 1,512,640 1,519,880 1,550,260 1,503,220 1,382,120 32,100 1,385,450 1,622,260 1,584,000 1,558,290 1,519,910 1,486,240 1,380,610 1,357,880 1,336,240 1,310,270 1,237,750 1,246,230
Debt-to-equity ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 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 consistently remained at 0.00 from April 30, 2020, to January 31, 2025. This consistent trend indicates that the company has not relied heavily on debt to finance its operations and growth, as its debt levels have been very low in comparison to its equity levels over this time period. A debt-to-equity ratio of 0.00 generally suggests a conservative capital structure with low financial risk as the company is not heavily leveraged. Investors and creditors may view this positively as it signifies a strong financial position and good financial management practices by G-III Apparel Group Ltd.