GIII Other Liab vs Other Stockholder Equity Analysis
GIII Stock | USD 29.22 0.66 2.31% |
G III financial indicator trend analysis is much more than just examining G III Apparel latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether G III Apparel is a good investment. Please check the relationship between G III Other Liab and its Other Stockholder Equity accounts. 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.
Other Liab vs Other Stockholder Equity
Other Liab vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of G III Apparel Other Liab account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between G III's Other Liab and Other Stockholder Equity is 0.74. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of G III Apparel Group, assuming nothing else is changed. The correlation between historical values of G III's Other Liab and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of G III Apparel Group are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Other Liab i.e., G III's Other Liab and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.74 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Liab
Other Stockholder Equity
Most indicators from G III's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Enterprise Value Multiple is increasing as compared to previous years.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 988.2M | 1.1B | 1.2B | 1.3B | Total Revenue | 2.8B | 3.2B | 3.1B | 3.3B |
G III fundamental ratios Correlations
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G III Account Relationship Matchups
High Positive Relationship
High Negative Relationship
G III fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.6B | 3.8B | 2.7B | 2.7B | 2.7B | 2.8B | |
Short Long Term Debt Total | 460.6M | 555.9M | 562.3M | 672.3M | 652.7M | 685.3M | |
Other Current Liab | 235.0M | 100.2M | 221.8M | 216.0M | 168.2M | 176.6M | |
Total Current Liabilities | 614.0M | 402.0M | 510.8M | 579.1M | 493.6M | 518.3M | |
Total Stockholder Equity | 1.3B | 1.3B | 1.5B | 1.4B | 1.6B | 1.6B | |
Property Plant And Equipment Net | 346.1M | 243.1M | 218.4M | 293.4M | 272.0M | 285.6M | |
Net Debt | 114.8M | (146.7M) | (233.4M) | 254.7M | 144.8M | 152.1M | |
Retained Earnings | 893.1M | 916.7M | 1.1B | 983.9M | 1.2B | 1.2B | |
Cash | 197.4M | 351.9M | 466.0M | 191.7M | 507.8M | 533.2M | |
Non Current Assets Total | 1.2B | 1.1B | 1.1B | 1.1B | 1.0B | 1.1B | |
Non Currrent Assets Other | 32.6M | 38.8M | 55.0M | 52.6M | 45.1M | 47.4M | |
Cash And Short Term Investments | 197.4M | 351.9M | 466.0M | 191.7M | 507.8M | 533.2M | |
Net Receivables | 530.1M | 492.7M | 605.5M | 675.0M | 562.4M | 590.5M | |
Common Stock Shares Outstanding | 48.9M | 48.8M | 49.5M | 47.7M | 47M | 34.7M | |
Liabilities And Stockholders Equity | 2.6B | 3.8B | 2.7B | 2.7B | 2.7B | 2.8B | |
Non Current Liabilities Total | 660.5M | 697.2M | 711.3M | 748.7M | 639.6M | 671.5M | |
Inventory | 551.9M | 416.5M | 512.2M | 709.3M | 520.4M | 546.4M | |
Other Current Assets | 80.7M | 56.8M | 54.7M | 70.7M | 69.7M | 73.2M | |
Other Stockholder Equity | 415.3M | 421.4M | 417.2M | 412.9M | 393.1M | 412.7M | |
Total Liab | 1.3B | 2.4B | 1.2B | 1.3B | 1.1B | 1.2B | |
Property Plant And Equipment Gross | 346.1M | 243.1M | 395.3M | 508.5M | 505.3M | 530.6M | |
Total Current Assets | 1.4B | 1.3B | 1.7B | 1.7B | 1.7B | 1.7B | |
Accumulated Other Comprehensive Income | (18.0M) | (2.1M) | (14.5M) | (11.7M) | (3.2M) | (3.4M) | |
Accounts Payable | 204.8M | 139.2M | 236.9M | 169.5M | 182.5M | 191.7M | |
Other Liab | 14.7M | 27.6M | 53.1M | 59.9M | 68.9M | 72.4M | |
Other Assets | 50.8M | 1.3B | 1.8B | 751.5M | 864.2M | 907.4M | |
Long Term Debt | 396.8M | 508.0M | 515.3M | 483.8M | 402.8M | 211.3M | |
Treasury Stock | (19.1M) | (36.9M) | (27.0M) | (39.2M) | (35.2M) | (33.5M) | |
Property Plant Equipment | 76.0M | 243.1M | 48.8M | 53.7M | 61.8M | 50.5M | |
Good Will | 262.7M | 261.1M | 260.6M | 263.1M | 262.5M | 0.0 | |
Intangible Assets | 477.0M | 478.7M | 484.7M | 663.0M | 662.0M | 695.1M | |
Net Tangible Assets | 553.0M | 594.4M | 738.7M | 721.6M | 829.8M | 560.6M | |
Retained Earnings Total Equity | 893.1M | 916.7M | 1.1B | 983.9M | 1.1B | 670.3M | |
Capital Surpluse | 452.1M | 448.4M | 456.3M | 468.7M | 539.0M | 401.3M | |
Deferred Long Term Liab | 8.0M | 20.4M | 40.0M | 44.8M | 51.5M | 54.1M | |
Long Term Investments | 62.0M | 63.5M | 65.5M | 24.5M | 22.5M | 21.3M |
Currently Active Assets on Macroaxis
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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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.