Go Fashion (India) Balance Sheet Health
Financial Health criteria checks 5/6
Go Fashion (India) has a total shareholder equity of ₹5.7B and total debt of ₹3.8B, which brings its debt-to-equity ratio to 66.2%. Its total assets and total liabilities are ₹10.0B and ₹4.3B respectively. Go Fashion (India)'s EBIT is ₹1.4B making its interest coverage ratio 4.6. It has cash and short-term investments of ₹1.6B.
Key information
66.2%
Debt to equity ratio
₹3.75b
Debt
| Interest coverage ratio | 4.6x |
| Cash | ₹1.64b |
| Equity | ₹5.66b |
| Total liabilities | ₹4.35b |
| Total assets | ₹10.01b |
Recent financial health updates
No updates
Recent updates
Go Fashion (India) (NSE:GOCOLORS) Has Some Way To Go To Become A Multi-Bagger
Mar 27
Go Fashion (India)'s (NSE:GOCOLORS) Earnings Offer More Than Meets The Eye
Nov 08Returns On Capital At Go Fashion (India) (NSE:GOCOLORS) Have Stalled
Sep 27Estimating The Fair Value Of Go Fashion (India) Limited (NSE:GOCOLORS)
Jun 07Return Trends At Go Fashion (India) (NSE:GOCOLORS) Aren't Appealing
Feb 28Estimating The Fair Value Of Go Fashion (India) Limited (NSE:GOCOLORS)
Feb 01Here's Why We Think Go Fashion (India) (NSE:GOCOLORS) Is Well Worth Watching
Dec 31Go Fashion (India) Limited (NSE:GOCOLORS) Released Earnings Last Week And Analysts Lifted Their Price Target To ₹1,602
Nov 09Financial Position Analysis
Short Term Liabilities: GOCOLORS's short term assets (₹5.0B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: GOCOLORS's short term assets (₹5.0B) exceed its long term liabilities (₹3.1B).
Debt to Equity History and Analysis
Debt Level: GOCOLORS's net debt to equity ratio (37.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if GOCOLORS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: GOCOLORS's debt is well covered by operating cash flow (47.9%).
Interest Coverage: GOCOLORS's interest payments on its debt are well covered by EBIT (4.6x coverage).