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 ratio | 4.5x |
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 16Go Fashion (India) Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Jul 27We Like Go Fashion (India)'s (NSE:GOCOLORS) Earnings For More Than Just Statutory Profit
May 11Earnings Release: Here's Why Analysts Cut Their Go Fashion (India) Limited (NSE:GOCOLORS) Price Target To ₹1,295
May 07Go Fashion (India) (NSE:GOCOLORS) Has Some Way To Go To Become A Multi-Bagger
Mar 27Go 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 (₹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.