GIII Return On Tangible Assets from 2010 to 2024

GIII Stock  USD 29.62  0.72  2.37%   
G III's Return On Tangible Assets are decreasing with slightly volatile movements from year to year. Return On Tangible Assets are predicted to flatten to 0.02. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.08724838
Current Value
0.02163062
Quarterly Volatility
0.05001497
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check G III financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among G III's main balance sheet or income statement drivers, such as Depreciation And Amortization of 17.8 M, Interest Expense of 41.6 M or Total Revenue of 3.3 B, as well as many indicators such as Price To Sales Ratio of 0.18, Dividend Yield of 0.042 or PTB Ratio of 0.76. GIII financial statements analysis is a perfect complement when working with G III Valuation or Volatility modules.
  
Check out the analysis of G III Correlation against competitors.

Latest G III's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of G III Apparel Group over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. G III's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in G III's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

GIII Return On Tangible Assets Regression Statistics

Arithmetic Mean0.07
Coefficient Of Variation73.05
Mean Deviation0.04
Median0.09
Standard Deviation0.05
Sample Variance0
Range0.1871
R-Value(0.50)
Mean Square Error0
R-Squared0.25
Significance0.06
Slope(0.01)
Total Sum of Squares0.04

GIII Return On Tangible Assets History

2024 0.0216
2023 0.0872
2022 -0.0656
2020 0.007792
2019 0.0787
2018 0.0945
2017 0.0534

About G III Financial Statements

Investors use fundamental indicators, such as G III's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although G III's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.09  0.02 

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 the analysis of G III Correlation against competitors.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
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
3.89
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.