Movado Group Inc

NYSE MOV

Data sourced from

and

Download Data

Movado Group Inc Net Debt to EBITDA Ratio 5 year CAGR for the Trailing 12 Months (TTM) ending April 30, 2024: -17.53%

Movado Group Inc Net Debt to EBITDA Ratio 5 year CAGR is -17.53% for the Trailing 12 Months (TTM) ending April 30, 2024, a -15.82% change year over year. The net debt to EBITDA ratio measures the level of a company's net debt relative to its earnings before interest, taxes, depreciation, and amortization (EBITDA). It is calculated by dividing the net debt (total debt minus cash and cash equivalents) by EBITDA. This ratio provides insights into the company's ability to repay its debt using its operating earnings. A higher ratio indicates a higher level of debt relative to earnings, suggesting potential financial risk and difficulty in debt repayment. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

Movado Group Inc Net Debt to EBITDA Ratio for the Trailing 12 Months (TTM) ending April 30, 2023 was -4.97, a -11.90% change year over year.
Movado Group Inc Net Debt to EBITDA Ratio for the Trailing 12 Months (TTM) ending April 30, 2022 was -4.44, a -188.30% change year over year.
Movado Group Inc Net Debt to EBITDA Ratio for the Trailing 12 Months (TTM) ending April 30, 2021 was -1.54, a -112.81% change year over year.
Movado Group Inc Net Debt to EBITDA Ratio for the Trailing 12 Months (TTM) ending April 30, 2020 was -0.72, a 87.61% change year over year.

NYSE: MOV

Movado Group Inc

CEO	Mr. Efraim Grinberg
IPO Date	Sept. 30, 1993
Location	United States
Headquarters	650 From Road, Paramus, NJ, United States, 07652-3556
Employees	1,089
Sector	Consumer Cyclical
Industry	Luxury goods

Description

Movado Group, Inc. designs, sources, markets, and distributes watches in the United States and internationally. The company operates in two segments, Watch and Accessory Brands, and Company Stores. The company offers its watches under the Movado, Concord, Ebel, Olivia Burton, and MVMT brands, as well as licensed brands comprising Coach, Tommy Hilfiger, HUGO BOSS, Lacoste, and Calvin Klein. It also designs, sources, markets, and distributes jewelry and other accessories; and provides after-sales and shipping services. The company's customers include jewelry store chains, department stores, independent regional jewelers, network of independent distributors, online marketplaces, licensors' retail stores, and third-party e-commerce retailers. It sells directly to consumers through its e-commerce platforms. The company was formerly known as North American Watch Corporation and changed its name to Movado Group, Inc. in 1996. Movado Group, Inc. was founded in 1961 and is headquartered in Paramus, New Jersey.

Key trends