Go Fashion (India) Limited

NSEI:GOCOLORS Stock Report

Market Cap: ₹52.9b

Go Fashion (India) Balance Sheet Health

Financial Health criteria checks 6/6

Go Fashion (India) has a total shareholder equity of ₹6.5B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹12.3B and ₹5.8B respectively. Go Fashion (India)'s EBIT is ₹1.4B making its interest coverage ratio 4.5. It has cash and short-term investments of ₹2.4B.

Key information

0%

Debt to equity ratio

₹0

Debt

Interest coverage ratio4.5x
Cash₹2.37b
Equity₹6.54b
Total liabilities₹5.75b
Total assets₹12.29b

Recent financial health updates

No updates

Recent updates

Returns At Go Fashion (India) (NSE:GOCOLORS) Appear To Be Weighed Down

Sep 16
Returns At Go Fashion (India) (NSE:GOCOLORS) Appear To Be Weighed Down

Go Fashion (India) Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Jul 27
Go Fashion (India) Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

We Like Go Fashion (India)'s (NSE:GOCOLORS) Earnings For More Than Just Statutory Profit

May 11
We Like Go Fashion (India)'s (NSE:GOCOLORS) Earnings For More Than Just Statutory Profit

Earnings Release: Here's Why Analysts Cut Their Go Fashion (India) Limited (NSE:GOCOLORS) Price Target To ₹1,295

May 07
Earnings Release: Here's Why Analysts Cut Their Go Fashion (India) Limited (NSE:GOCOLORS) Price Target To ₹1,295

Go Fashion (India) (NSE:GOCOLORS) Has Some Way To Go To Become A Multi-Bagger

Mar 27
Go Fashion (India) (NSE:GOCOLORS) Has Some Way To Go To Become A Multi-Bagger

Go Fashion (India)'s (NSE:GOCOLORS) Earnings Offer More Than Meets The Eye

Nov 08
Go Fashion (India)'s (NSE:GOCOLORS) Earnings Offer More Than Meets The Eye

Returns On Capital At Go Fashion (India) (NSE:GOCOLORS) Have Stalled

Sep 27
Returns On Capital At Go Fashion (India) (NSE:GOCOLORS) Have Stalled

Estimating The Fair Value Of Go Fashion (India) Limited (NSE:GOCOLORS)

Jun 07
Estimating The Fair Value Of Go Fashion (India) Limited (NSE:GOCOLORS)

Return Trends At Go Fashion (India) (NSE:GOCOLORS) Aren't Appealing

Feb 28
Return Trends At Go Fashion (India) (NSE:GOCOLORS) Aren't Appealing

Estimating The Fair Value Of Go Fashion (India) Limited (NSE:GOCOLORS)

Feb 01
Estimating The Fair Value Of Go Fashion (India) Limited (NSE:GOCOLORS)

Here's Why We Think Go Fashion (India) (NSE:GOCOLORS) Is Well Worth Watching

Dec 31
Here's Why We Think Go Fashion (India) (NSE:GOCOLORS) Is Well Worth Watching

Go Fashion (India) Limited (NSE:GOCOLORS) Released Earnings Last Week And Analysts Lifted Their Price Target To ₹1,602

Nov 09
Go Fashion (India) Limited (NSE:GOCOLORS) Released Earnings Last Week And Analysts Lifted Their Price Target To ₹1,602

Financial Position Analysis

Short Term Liabilities: GOCOLORS's short term assets (₹6.0B) exceed its short term liabilities (₹1.6B).

Long Term Liabilities: GOCOLORS's short term assets (₹6.0B) exceed its long term liabilities (₹4.1B).


Debt to Equity History and Analysis

Debt Level: GOCOLORS is debt free.

Reducing Debt: GOCOLORS has no debt compared to 5 years ago when its debt to equity ratio was 2.2%.

Debt Coverage: GOCOLORS has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: GOCOLORS has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 01:12
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Go Fashion (India) Limited is covered by 13 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Vaishnavi MandhaniyaAnand Rathi Shares and Stock Brokers Limited
null nullAnand Rathi Shares and Stock Brokers Limited
Nandan ChakrabortyDAM Capital Advisors