Global Fashion Group Balance Sheet Health
Financial Health criteria checks 5/6
Global Fashion Group has a total shareholder equity of €295.7M and total debt of €177.7M, which brings its debt-to-equity ratio to 60.1%. Its total assets and total liabilities are €862.0M and €566.3M respectively.
Key information
60.1%
Debt to equity ratio
€177.70m
Debt
Interest coverage ratio | n/a |
Cash | €387.00m |
Equity | €295.70m |
Total liabilities | €566.30m |
Total assets | €862.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GFGT's short term assets (€577.8M) exceed its short term liabilities (€316.8M).
Long Term Liabilities: GFGT's short term assets (€577.8M) exceed its long term liabilities (€249.5M).
Debt to Equity History and Analysis
Debt Level: GFGT has more cash than its total debt.
Reducing Debt: GFGT's debt to equity ratio has increased from 0.1% to 60.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: GFGT has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: GFGT has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 23.9% each year