GIII Invested Capital vs Net Income Analysis
GIII Stock | USD 29.06 0.11 0.38% |
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 Invested Capital and its Net Income 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.
Invested Capital vs Net Income
Invested Capital vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of G III Apparel Invested Capital account and Net Income. At this time, the significance of the direction appears to have no relationship.
The correlation between G III's Invested Capital and Net Income is 0.06. Overlapping area represents the amount of variation of Invested Capital that can explain the historical movement of Net Income 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 Invested Capital and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Invested Capital of G III Apparel Group are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Invested Capital i.e., G III's Invested Capital and Net Income go up and down completely randomly.
Correlation Coefficient | 0.06 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to G III Apparel Group. There are two different methods for calculating G III Apparel invested capital: operating approach and financing approach. Understanding G III invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in G III Apparel financial statement analysis. It represents the amount of money remaining after all of G III Apparel Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.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 tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. As of now, G III's Enterprise Value Multiple is decreasing 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 | 312.2M | 205.2M | 232.6M | 446.3M | 652.7M | 685.3M | |
Other Current Liab | 235.0M | 100.2M | 221.8M | 216.0M | 234.3M | 246.0M | |
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 | 47.7M | 50.1M | |
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 | 67.2M | 70.5M | |
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 |
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Try AI Portfolio ArchitectCheck 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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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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 0.0672 |
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.