GIII Free Cash Flow vs Gross Profit Analysis

GIII Stock  USD 28.80  1.02  3.67%   
G III financial indicator trend analysis is much more than just examining G-III Apparel Group 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 Group is a good investment. Please check the relationship between G III Free Cash Flow and its Gross Profit 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 tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

Free Cash Flow vs Gross Profit

Free Cash Flow vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of G-III Apparel Group Free Cash Flow account and Gross Profit. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between G III's Free Cash Flow and Gross Profit is 0.54. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Gross Profit 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 Free Cash Flow and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of G III Apparel Group are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Free Cash Flow i.e., G III's Free Cash Flow and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

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.
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 Group 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 tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
The G III's current Selling General Administrative is estimated to increase to about 970.4 M. The G III's current Tax Provision is estimated to increase to about 69.2 M
 2021 2022 2023 2024 (projected)
Gross Profit988.2M1.1B1.2B1.3B
Total Revenue2.8B3.2B3.1B3.3B

G III fundamental ratios Correlations

0.530.690.840.930.850.090.920.750.930.330.750.910.580.930.730.820.830.960.770.91-0.130.620.590.730.87
0.530.570.590.740.550.340.710.570.550.60.570.570.360.490.720.570.720.320.620.710.420.650.830.210.39
0.690.570.90.790.650.350.790.540.770.40.540.860.450.720.730.940.690.550.660.81-0.260.660.620.380.65
0.840.590.90.90.830.290.890.60.880.270.60.930.590.830.850.930.820.720.760.92-0.130.730.620.480.78
0.930.740.790.90.850.160.990.80.920.470.80.930.630.890.860.840.90.790.840.980.010.790.780.660.8
0.850.550.650.830.850.040.880.770.820.450.770.890.40.860.680.730.660.770.920.89-0.20.480.460.620.67
0.090.340.350.290.160.040.11-0.240.350.14-0.240.140.130.260.360.450.30.030.050.110.160.30.38-0.390.33
0.920.710.790.890.990.880.110.860.890.540.860.950.540.90.80.820.830.780.90.99-0.090.710.760.720.77
0.750.570.540.60.80.77-0.240.860.630.711.00.760.210.710.430.520.510.640.860.82-0.260.390.580.850.5
0.930.550.770.880.920.820.350.890.630.310.630.890.590.970.780.90.870.850.730.87-0.080.730.620.570.93
0.330.60.40.270.470.450.140.540.710.310.710.42-0.10.370.20.350.190.20.640.47-0.270.130.530.350.08
0.750.570.540.60.80.77-0.240.861.00.630.710.760.210.710.430.520.510.640.860.82-0.260.390.580.850.5
0.910.570.860.930.930.890.140.950.760.890.420.760.530.920.80.880.760.80.890.97-0.240.620.650.70.79
0.580.360.450.590.630.40.130.540.210.59-0.10.210.530.480.790.560.80.490.260.570.310.810.460.210.59
0.930.490.720.830.890.860.260.90.710.970.370.710.920.480.70.840.770.870.820.88-0.20.60.590.690.92
0.730.720.730.850.860.680.360.80.430.780.20.430.80.790.70.790.910.560.640.840.280.870.770.310.68
0.820.570.940.930.840.730.450.820.520.90.350.520.880.560.840.790.80.720.660.83-0.190.70.590.370.78
0.830.720.690.820.90.660.30.830.510.870.190.510.760.80.770.910.80.70.560.830.330.920.740.40.79
0.960.320.550.720.790.770.030.780.640.850.20.640.80.490.870.560.720.70.640.77-0.230.440.380.710.83
0.770.620.660.760.840.920.050.90.860.730.640.860.890.260.820.640.660.560.640.89-0.250.410.620.720.59
0.910.710.810.920.980.890.110.990.820.870.470.820.970.570.880.840.830.830.770.89-0.080.710.760.70.76
-0.130.42-0.26-0.130.01-0.20.16-0.09-0.26-0.08-0.27-0.26-0.240.31-0.20.28-0.190.33-0.23-0.25-0.080.380.27-0.36-0.04
0.620.650.660.730.790.480.30.710.390.730.130.390.620.810.60.870.70.920.440.410.710.380.710.250.65
0.590.830.620.620.780.460.380.760.580.620.530.580.650.460.590.770.590.740.380.620.760.270.710.420.55
0.730.210.380.480.660.62-0.390.720.850.570.350.850.70.210.690.310.370.40.710.720.7-0.360.250.420.58
0.870.390.650.780.80.670.330.770.50.930.080.50.790.590.920.680.780.790.830.590.76-0.040.650.550.58
Click cells to compare fundamentals

G III Account Relationship Matchups

G III fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.6B3.8B2.7B2.7B2.7B2.8B
Short Long Term Debt Total312.2M205.2M232.6M446.3M652.7M685.3M
Other Current Liab235.0M100.2M221.8M216.0M238.1M250.0M
Total Current Liabilities614.0M402.0M510.8M579.1M493.6M518.3M
Total Stockholder Equity1.3B1.3B1.5B1.4B1.6B1.6B
Property Plant And Equipment Net346.1M243.1M218.4M293.4M272.0M285.6M
Net Debt114.8M(146.7M)(233.4M)254.7M144.8M152.1M
Retained Earnings893.1M916.7M1.1B983.9M1.2B1.2B
Cash197.4M351.9M466.0M191.7M507.8M533.2M
Non Current Assets Total1.2B1.1B1.1B1.1B1.0B1.1B
Non Currrent Assets Other32.6M38.8M55.0M52.6M675.5M709.3M
Cash And Short Term Investments197.4M351.9M466.0M191.7M507.8M533.2M
Net Receivables530.1M492.7M605.5M675.0M562.4M590.5M
Common Stock Shares Outstanding48.9M48.8M49.5M47.7M47M34.7M
Liabilities And Stockholders Equity2.6B3.8B2.7B2.7B2.7B2.8B
Non Current Liabilities Total660.5M697.2M711.3M748.7M639.6M671.5M
Inventory551.9M416.5M512.2M709.3M520.4M546.4M
Other Current Assets80.7M56.8M54.7M70.7M69.7M73.2M
Other Stockholder Equity415.3M421.4M417.2M412.9M393.1M412.7M
Total Liab1.3B2.4B1.2B1.3B1.1B1.2B
Property Plant And Equipment Gross346.1M243.1M395.3M508.5M505.3M530.6M
Total Current Assets1.4B1.3B1.7B1.7B1.7B1.7B
Accumulated Other Comprehensive Income(18.0M)(2.1M)(14.5M)(11.7M)(3.2M)(3.4M)
Accounts Payable204.8M139.2M236.9M169.5M182.5M191.7M
Other Liab14.7M27.6M53.1M59.9M68.9M72.4M
Other Assets50.8M1.3B1.8B751.5M864.2M907.4M
Long Term Debt396.8M508.0M515.3M483.8M402.8M211.3M
Treasury Stock(19.1M)(36.9M)(27.0M)(39.2M)(35.2M)(33.5M)
Property Plant Equipment76.0M243.1M48.8M53.7M61.8M50.5M
Good Will262.7M261.1M260.6M263.1M262.5M0.0
Intangible Assets477.0M478.7M484.7M663.0M31.7M30.1M
Net Tangible Assets553.0M594.4M738.7M721.6M829.8M560.6M
Retained Earnings Total Equity893.1M916.7M1.1B983.9M1.1B670.3M
Capital Surpluse452.1M448.4M456.3M468.7M539.0M401.3M
Deferred Long Term Liab8.0M20.4M40.0M44.8M51.5M54.1M
Long Term Investments62.0M63.5M65.5M24.5M22.5M21.3M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards G III in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, G III's short interest history, or implied volatility extrapolated from G III options trading.

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When determining whether G-III Apparel Group 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 tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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When running G III's price analysis, check to measure G III's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy G III is operating at the current time. Most of G III's value examination focuses on studying past and present price action to predict the probability of G III's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move G III's price. Additionally, you may evaluate how the addition of G III to your portfolios can decrease your overall portfolio volatility.
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Is G III's industry 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
1.175
Earnings Share
3.75
Revenue Per Share
67.56
Quarterly Revenue Growth
(0.10)
Return On Assets
0.0609
The market value of G-III Apparel Group 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.