Go Fashion (India) Balance Sheet Health
Financial Health criteria checks 4/6
Go Fashion (India) has a total shareholder equity of ₹6.0B and total debt of ₹4.7B, which brings its debt-to-equity ratio to 77.7%. Its total assets and total liabilities are ₹11.4B and ₹5.4B respectively. Go Fashion (India)'s EBIT is ₹1.4B making its interest coverage ratio 4.8. It has cash and short-term investments of ₹2.0B.
Key information
77.7%
Debt to equity ratio
₹4.69b
Debt
| Interest coverage ratio | 4.8x |
| Cash | ₹1.96b |
| Equity | ₹6.04b |
| Total liabilities | ₹5.36b |
| Total assets | ₹11.39b |
Recent financial health updates
No updates
Recent updates
Returns At Go Fashion (India) (NSE:GOCOLORS) Appear To Be Weighed Down
Sep 16
Go 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 (₹5.4B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: GOCOLORS's short term assets (₹5.4B) exceed its long term liabilities (₹4.0B).
Debt to Equity History and Analysis
Debt Level: GOCOLORS's net debt to equity ratio (45.2%) is considered high.
Reducing Debt: GOCOLORS's debt to equity ratio has increased from 2.8% to 77.7% over the past 5 years.
Debt Coverage: GOCOLORS's debt is well covered by operating cash flow (46.6%).
Interest Coverage: GOCOLORS's interest payments on its debt are well covered by EBIT (4.8x coverage).