What is the debt of Genesco this year?
Genesco has a debt level of -0.47 USD this year.
Genesco Debt 2024
Genesco Debt
-0.47 USD
Ticker
GCO
ISIN
US3715321028
WKN
851167
In 2024, Genesco's total debt was -0.47 USD, a -99.84% change from the -304.8 USD total debt recorded in the previous year.
Genesco Aktienanalyse
What does Genesco do?
Genesco Inc. was founded in 1924 in Nashville, Tennessee and is a leading retailer of shoes, clothing, and accessories. The company is known for its specialized retail stores, as well as its brands and businesses that focus on specific products or markets. Genesco's business model is based on a multi-brand approach, which allows the company to target a wide range of customers with different tastes, ages, and incomes. The company operates three main business segments: Shoes and Clothing, Shoes and Accessories, and Licensed Stores. Some of the well-known brands under the Genesco umbrella include Journeys, Shoe Station, Johnston & Murphy, Lids, Hat World, and Little Burgundy. Journeys is Genesco's largest shoe chain, with over 1,120 stores in the US, Canada, and Puerto Rico. The chain is known for its wide range of shoes for young adults and teenagers, including sneakers, boots, sandals, and slippers. The Johnston & Murphy brand, founded in 1850, is known for its high-quality leather shoes and clothing for men. The brand currently has over 170 stores in the US and Canada. Lids and Hat World are specialty stores for headwear and fan merchandise. They offer a wide selection of baseball caps, hats, and fan clothing for professional and college sports teams. Another important business segment for Genesco is the licensing business. Genesco holds the licensing rights for several well-known brands, including Dockers, Levi's, Sperry Top-Sider, and UGG Australia. These brands are sold through Genesco retail stores as well as through other retailers. Another important aspect of Genesco's business model is its online presence. The company operates a variety of e-commerce websites, including Journeys.com, littleburgundyshoes.com, and Lids.com. These websites offer a wide range of products and are an important distribution channel for the company. Overall, Genesco is a diversified company with a successful multi-brand business model. The company offers a wide range of products for different customers and markets and is present both in brick-and-mortar retail and online. Genesco ist eines der beliebtesten Unternehmen auf Eulerpool.com.Debt Details
Understanding Genesco's Debt Structure
Genesco's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.
Year-to-Year Comparison
Analyzing Genesco's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.
Impact on Investments
Investors pay close attention to Genesco’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.
Interpreting Debt Fluctuations
Shifts in Genesco’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.
Frequently Asked Questions about Genesco stock
What was the debt of Genesco compared to the previous year?
The debt of Genesco has increased by -99.84% compared to the previous year dropped.
What are the consequences of high debt for investors in Genesco?
High debt can pose a risk for investors of Genesco, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
What are the consequences of low debt for investors of Genesco?
Low debt means that Genesco has a strong financial position and is able to fulfill its obligations without overburdening its finances.
How does an increase in debt from Genesco affect the company?
An increase in debt of Genesco can adversely affect the financial condition of the company and result in a higher burden on its finances.
How does a reduction of debt of Genesco affect the company?
A reduction in debt of Genesco can strengthen the company's financial position and improve its ability to meet its financial obligations.
What are some factors that influence the debt of Genesco?
Some factors that can influence the debt of Genesco include investments, acquisitions, operating costs, and revenue development.
Why are the debts of Genesco so important for investors?
The debts of Genesco are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.
What strategic measures can Genesco take to change the debt?
To change the debt, Genesco can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.
How much dividend does Genesco pay?
Over the past 12 months, Genesco paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Genesco is expected to pay a dividend of 0 USD.
What is the dividend yield of Genesco?
The current dividend yield of Genesco is .
When does Genesco pay dividends?
Genesco pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Genesco?
Genesco paid dividends every year for the past 0 years.
What is the dividend of Genesco?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Genesco located?
Genesco is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von Genesco kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Genesco from 9/13/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/13/2024.
When did Genesco pay the last dividend?
The last dividend was paid out on 9/13/2024.
What was the dividend of Genesco in the year 2023?
In the year 2023, Genesco distributed 0 USD as dividends.
In which currency does Genesco pay out the dividend?
The dividends of Genesco are distributed in USD.
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Andere Kennzahlen von Genesco
Our stock analysis for Genesco Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Genesco Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
