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Giorgio Armani

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Part E. Financial Analysis<br />

Solvency Ratio<br />

• The debt to equity ratio for 2006 and 2007 is less<br />

than one, meaning the stockholders own the<br />

company.<br />

Dollars in<br />

million<br />

Liability S/E Debit to<br />

equity<br />

2007 597.2 1,171.5 .509<br />

2006 501.1 991.3 .505

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