GIII Historical Income Statement

GIII Stock  USD 30.11  0.89  3.05%   
Historical analysis of G III income statement accounts such as Total Revenue of 3.3 B or Gross Profit of 1.3 B can show how well G III Apparel Group performed in making a profits. Evaluating G III income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of G III's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining G III Apparel latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether G III Apparel is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in G III Apparel Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

About GIII Income Statement Analysis

G III Apparel Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to G III shareholders. The income statement also shows GIII investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

G III Income Statement Chart

As of now, G III's Other Operating Expenses is increasing as compared to previous years. The G III's current Operating Income is estimated to increase to about 297.5 M, while Depreciation And Amortization is projected to decrease to under 17.8 M.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Total Revenue

Total revenue comprises all receipts G III Apparel generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of G III Apparel Group minus its cost of goods sold. It is profit before G III operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of G III Apparel. It is also known as G III overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from G III Apparel operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of G III Apparel Group is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from G III's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into G III Apparel current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in G III Apparel Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
As of now, G III's Other Operating Expenses is increasing as compared to previous years. The G III's current Operating Income is estimated to increase to about 297.5 M, while Depreciation And Amortization is projected to decrease to under 17.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit988.2M1.1B1.2B1.3B
Total Revenue2.8B3.2B3.1B3.3B

G III income statement Correlations

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0.780.780.770.780.670.180.410.780.760.06-0.780.070.020.680.61-0.030.67-0.32-0.520.96-0.990.49-0.510.23
0.480.780.991.00.860.490.641.00.980.35-0.550.320.410.950.520.170.83-0.4-0.310.75-0.710.5-0.50.36
0.420.770.990.990.860.560.690.970.990.42-0.580.390.470.960.540.220.82-0.44-0.230.76-0.70.56-0.530.47
0.480.781.00.990.830.470.621.00.990.32-0.540.30.380.960.520.140.82-0.38-0.340.75-0.70.48-0.460.34
0.30.670.860.860.830.610.710.840.770.5-0.550.470.560.710.390.320.77-0.640.040.65-0.650.66-0.760.48
-0.20.180.490.560.470.610.960.450.490.98-0.260.970.920.510.110.880.25-0.290.610.28-0.120.19-0.270.51
0.080.410.640.690.620.710.960.60.630.93-0.450.930.860.620.220.830.34-0.280.410.48-0.350.25-0.340.49
0.50.781.00.971.00.840.450.60.970.3-0.530.280.360.930.490.130.82-0.38-0.350.74-0.710.46-0.460.29
0.450.760.980.990.990.770.490.630.970.34-0.540.310.390.990.550.150.81-0.36-0.330.75-0.680.49-0.430.4
-0.230.060.350.420.320.50.980.930.30.34-0.191.00.930.36-0.010.930.07-0.20.690.15-0.010.08-0.190.44
-0.65-0.78-0.55-0.58-0.54-0.55-0.26-0.45-0.53-0.54-0.19-0.23-0.05-0.41-0.58-0.12-0.450.090.31-0.780.77-0.590.57-0.46
-0.210.070.320.390.30.470.970.930.280.311.0-0.230.890.340.010.950.04-0.160.670.17-0.020.06-0.170.43
-0.270.020.410.470.380.560.920.860.360.390.93-0.050.890.43-0.080.80.18-0.340.70.080.030.16-0.270.43
0.360.680.950.960.960.710.510.620.930.990.36-0.410.340.430.50.180.76-0.34-0.280.68-0.590.39-0.320.37
0.370.610.520.540.520.390.110.220.490.55-0.01-0.580.01-0.080.5-0.10.58-0.29-0.380.64-0.590.5-0.410.4
-0.22-0.030.170.220.140.320.880.830.130.150.93-0.120.950.80.18-0.1-0.05-0.060.680.110.07-0.13-0.010.32
0.330.670.830.820.820.770.250.340.820.810.07-0.450.040.180.760.58-0.05-0.59-0.330.7-0.640.65-0.660.45
0.1-0.32-0.4-0.44-0.38-0.64-0.29-0.28-0.38-0.36-0.20.09-0.16-0.34-0.34-0.29-0.06-0.59-0.19-0.320.32-0.660.77-0.48
-0.73-0.52-0.31-0.23-0.340.040.610.41-0.35-0.330.690.310.670.7-0.28-0.380.68-0.33-0.19-0.420.5-0.08-0.040.27
0.70.960.750.760.750.650.280.480.740.750.15-0.780.170.080.680.640.110.7-0.32-0.42-0.950.48-0.480.37
-0.79-0.99-0.71-0.7-0.7-0.65-0.12-0.35-0.71-0.68-0.010.77-0.020.03-0.59-0.590.07-0.640.320.5-0.95-0.480.52-0.2
0.160.490.50.560.480.660.190.250.460.490.08-0.590.060.160.390.5-0.130.65-0.66-0.080.48-0.48-0.920.77
-0.2-0.51-0.5-0.53-0.46-0.76-0.27-0.34-0.46-0.43-0.190.57-0.17-0.27-0.32-0.41-0.01-0.660.77-0.04-0.480.52-0.92-0.63
-0.160.230.360.470.340.480.510.490.290.40.44-0.460.430.430.370.40.320.45-0.480.270.37-0.20.77-0.63
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G III Account Relationship Matchups

G III income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization57.0M110.0M71.0M82.3M27.5M17.8M
Interest Expense44.4M50.4M49.7M56.6M39.6M41.6M
Total Revenue3.2B2.1B2.8B3.2B3.1B3.3B
Gross Profit1.1B744.4M988.2M1.1B1.2B1.3B
Other Operating Expenses2.9B2.0B2.5B3.0B2.8B3.0B
Operating Income227.7M82.8M311.1M268.1M283.3M297.5M
Ebit227.7M29.3M274.8M(81.6M)290.1M304.6M
Ebitda284.6M139.3M345.8M686K317.6M333.5M
Cost Of Revenue2.0B1.3B1.8B2.1B1.9B1.9B
Total Operating Expenses870.9M643.7M675.6M860.9M924.2M970.4M
Income Before Tax182.1M35.7M271.0M(138.2M)240.6M252.6M
Total Other Income Expense Net(45.6M)(47.1M)(40.1M)(28.7M)(42.7M)(40.6M)
Net Income143.8M23.5M200.6M(134.4M)176.2M185.0M
Income Tax Expense38.3M12.2M70.9M(3.8M)65.9M69.2M
Selling General Administrative737.5M549.8M554.9M701.6M802.5M842.6M
Net Income Applicable To Common Shares143.8M23.5M200.6M(133.1M)(153.0M)(145.4M)
Net Income From Continuing Ops143.8M23.5M200.1M(134.4M)174.7M90.2M
Selling And Marketing Expenses94.7M55.3M93.1M131.6M121.7M96.2M
Non Recurring2.8M19.4M17.9M1.5M1.3M1.2M
Tax Provision38.3M12.2M70.9M(3.8M)65.9M69.2M
Net Interest Income(44.4M)(50.4M)(49.7M)(56.6M)(39.6M)(41.6M)
Non Operating Income Net Other(1.1M)3.2M9.5M27.9M32.1M33.7M
Reconciled Depreciation38.7M38.6M27.6M27.8M27.5M27.1M

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When determining whether G III Apparel offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of G III's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of G Iii Apparel Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on G Iii Apparel Group Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in G III Apparel Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of G III. If investors know GIII will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about G III listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.514
Earnings Share
3.98
Revenue Per Share
68.024
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0696
The market value of G III Apparel is measured differently than its book value, which is the value of GIII that is recorded on the company's balance sheet. Investors also form their own opinion of G III's value that differs from its market value or its book value, called intrinsic value, which is G III's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because G III's market value can be influenced by many factors that don't directly affect G III's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between G III's value and its price as these two are different measures arrived at by different means. Investors typically determine if G III is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, G III's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.