GIII Minority Interest vs Net Income From Continuing Ops Analysis

GIII Stock  USD 28.22  0.18  0.63%   
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 Minority Interest and its Net Income From Continuing Ops 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.

Minority Interest vs Net Income From Continuing Ops

Minority Interest vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of G III Apparel Minority Interest account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between G III's Minority Interest and Net Income From Continuing Ops is -0.1. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Net Income From Continuing Ops 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 Minority Interest and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of G III Apparel Group are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Minority Interest i.e., G III's Minority Interest and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

-0.1
Relationship DirectionNegative 
Relationship StrengthInsignificant

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of G III Apparel Group whose combined shares represent less than 50% of the total outstanding shares issued by G III have a minority interest in G III.

Net Income From Continuing Ops

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 Profit988.2M1.1B1.2B1.3B
Total Revenue2.8B3.2B3.1B3.3B

G III fundamental ratios Correlations

0.530.690.840.930.850.090.920.750.93-0.020.750.910.580.930.730.810.830.960.770.91-0.130.620.590.730.87
0.530.560.590.740.550.340.710.570.55-0.180.570.570.360.490.720.560.720.320.620.710.420.650.830.210.39
0.690.560.90.790.650.350.790.540.770.00.540.860.450.720.730.940.690.550.660.81-0.260.660.610.380.65
0.840.590.90.90.830.290.890.60.88-0.180.60.930.590.830.850.930.820.720.760.92-0.130.730.620.480.78
0.930.740.790.90.850.160.990.80.92-0.030.80.930.630.890.860.840.90.790.840.980.010.790.780.660.8
0.850.550.650.830.850.040.880.770.82-0.010.770.890.40.860.680.720.660.770.920.89-0.20.480.460.620.67
0.090.340.350.290.160.040.11-0.240.35-0.03-0.240.140.130.260.360.450.30.030.050.110.160.30.38-0.390.33
0.920.710.790.890.990.880.110.860.89-0.010.860.950.540.90.80.810.830.780.90.99-0.090.710.760.720.77
0.750.570.540.60.80.77-0.240.860.630.041.00.760.210.710.430.50.510.640.860.82-0.260.390.580.850.5
0.930.550.770.880.920.820.350.890.630.040.630.890.590.970.780.90.870.850.730.87-0.080.730.630.570.93
-0.02-0.180.0-0.18-0.03-0.01-0.03-0.010.040.040.040.070.110.12-0.030.05-0.07-0.010.06-0.06-0.26-0.05-0.090.09-0.03
0.750.570.540.60.80.77-0.240.861.00.630.040.760.210.710.430.50.510.640.860.82-0.260.390.580.850.5
0.910.570.860.930.930.890.140.950.760.890.070.760.530.920.80.880.760.80.890.97-0.240.620.650.70.79
0.580.360.450.590.630.40.130.540.210.590.110.210.530.480.790.570.80.490.260.570.310.810.460.210.59
0.930.490.720.830.890.860.260.90.710.970.120.710.920.480.70.830.770.870.820.88-0.20.60.590.690.92
0.730.720.730.850.860.680.360.80.430.78-0.030.430.80.790.70.790.910.560.640.840.280.870.770.310.68
0.810.560.940.930.840.720.450.810.50.90.050.50.880.570.830.790.80.720.640.83-0.190.70.580.360.78
0.830.720.690.820.90.660.30.830.510.87-0.070.510.760.80.770.910.80.70.560.840.330.920.740.40.79
0.960.320.550.720.790.770.030.780.640.85-0.010.640.80.490.870.560.720.70.640.77-0.230.440.380.710.83
0.770.620.660.760.840.920.050.90.860.730.060.860.890.260.820.640.640.560.640.89-0.250.410.620.720.59
0.910.710.810.920.980.890.110.990.820.87-0.060.820.970.570.880.840.830.840.770.89-0.080.710.750.70.76
-0.130.42-0.26-0.130.01-0.20.16-0.09-0.26-0.08-0.26-0.26-0.240.31-0.20.28-0.190.33-0.23-0.25-0.080.380.27-0.36-0.04
0.620.650.660.730.790.480.30.710.390.73-0.050.390.620.810.60.870.70.920.440.410.710.380.710.250.65
0.590.830.610.620.780.460.380.760.580.63-0.090.580.650.460.590.770.580.740.380.620.750.270.710.420.55
0.730.210.380.480.660.62-0.390.720.850.570.090.850.70.210.690.310.360.40.710.720.7-0.360.250.420.58
0.870.390.650.780.80.670.330.770.50.93-0.030.50.790.590.920.680.780.790.830.590.76-0.040.650.550.58
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 Liab235.0M100.2M221.8M216.0M234.3M246.0M
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 Other32.6M38.8M55.0M52.6M47.7M50.1M
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 Assets80.7M56.8M54.7M70.7M67.2M70.5M
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 Assets477.0M478.7M484.7M663.0M662.0M695.1M
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

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 tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

Complementary Tools for GIII Stock analysis

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.
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Global Correlations
Find global opportunities by holding instruments from different markets
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
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.