Global Fashion Group Balance Sheet Health
Financial Health criteria checks 5/6
Global Fashion Group has a total shareholder equity of €478.8M and total debt of €269.0M, which brings its debt-to-equity ratio to 56.2%. Its total assets and total liabilities are €1.2B and €695.1M respectively.
Key information
56.2%
Debt to equity ratio
€269.00m
Debt
Interest coverage ratio | n/a |
Cash | €550.00m |
Equity | €478.80m |
Total liabilities | €695.10m |
Total assets | €1.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GFGD's short term assets (€808.0M) exceed its short term liabilities (€386.6M).
Long Term Liabilities: GFGD's short term assets (€808.0M) exceed its long term liabilities (€308.5M).
Debt to Equity History and Analysis
Debt Level: GFGD has more cash than its total debt.
Reducing Debt: GFGD's debt to equity ratio has increased from 0.1% to 56.2% 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: Whilst unprofitable GFGD has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GFGD is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 26.4% per year.