G-III Apparel Group Ltd (GIII)

Financial leverage 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
Total assets	US$ in thousands	2,483,230	2,783,610	2,696,290	2,565,400	2,681,160	2,749,330	2,662,050	49,500	2,712,400	3,290,220	3,082,350	2,718,270	2,742,530	2,728,020	2,553,590	2,398,720	3,763,600	2,469,420	2,269,810	2,798,960
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
Financial leverage ratio		1.48	1.69	1.78	1.69	1.73	1.83	1.93	1.54	1.96	2.03	1.95	1.74	1.80	1.84	1.85	1.77	2.82	1.88	1.83	2.25

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 some fluctuations over the past few years. It stood at 2.25 as of April 30, 2020, indicating a higher level of leverage. Subsequently, the ratio decreased to 1.77 by April 30, 2021, before slightly increasing to 1.95 by July 31, 2022.

From October 31, 2022, to January 31, 2025, the financial leverage ratio ranged between 1.48 and 2.03, showing some variability but generally staying within the moderate leverage range.

Overall, the company's financial leverage ratio has exhibited some volatility, with occasional fluctuations above and below the ideal leverage level of 1.0, suggesting varying degrees of financial risk and reliance on debt financing. It would be important to monitor this ratio closely to assess the company's ability to meet its financial obligations and evaluate its overall financial stability.