G-III Apparel Group Ltd (GIII)
Financial leverage ratio
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 2,483,230 | 2,681,160 | 2,712,400 | 2,742,530 | 3,763,600 |
| Total stockholders’ equity | US$ in thousands | 1,679,480 | 1,550,260 | 1,385,450 | 1,519,910 | 1,336,240 |
| Financial leverage ratio | 1.48 | 1.73 | 1.96 | 1.80 | 2.82 |
January 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $2,483,230K ÷ $1,679,480K
= 1.48
The financial leverage ratio of G-III Apparel Group Ltd has shown a decreasing trend over the past five years. Starting at 2.82 in January 2021, the ratio decreased to 1.80 in January 2022, then slightly increased to 1.96 in January 2023, followed by a decrease to 1.73 in January 2024, and further decreased to 1.48 in January 2025. This decreasing trend indicates that the company has been gradually reducing its reliance on debt financing in relation to its equity, which could be a positive sign of improved financial stability and lower financial risk over the years.
Peer comparison
Jan 31, 2025