Go Fashion (India) Limited

NSEI:GOCOLORS Stock Report

Market Cap: ₹58.7b

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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