Relatively Low Debt-to-Capital Ratio Detected in Shares of G-III Apparel in the Apparel, Accessories & Luxury Industry (GIII, COLM, MOV, OXM, LAKE)
Below are the three companies in the Apparel, Accessories & Luxury industry with the lowest Debt-to-Capital ratios. The debt-to-capital ratio is an important measure of how a company is financing its operations along with some insight into its financial strength, relative to other companies in its industry.
G-III Apparel ranks lowest with a a Debt-to-Capital ratio of 0.7%. Columbia Sportswear is next with a a Debt-to-Capital ratio of 2.5%. Movado ranks third lowest with a a Debt-to-Capital ratio of 8.1%.
Oxford Industries follows with a a Debt-to-Capital ratio of 12.2%, and Lakeland Industries rounds out the bottom five with a a Debt-to-Capital ratio of 15.6%.
SmarTrend recommended that its subscribers protect gains by selling shares of G-III Apparel on August 30th, 2016 by issuing a Downtrend alert when the shares were trading at $34.27. Since that call, shares of G-III Apparel have fallen 15.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: lowest debt-to-capital ratio g-iii apparel columbia sportswear movado oxford industries lakeland industries