GO Balance Sheet Health
Financial Health criteria checks 2/6
GO has a total shareholder equity of €86.4M and total debt of €164.3M, which brings its debt-to-equity ratio to 190.1%. Its total assets and total liabilities are €410.8M and €324.3M respectively. GO's EBIT is €33.6M making its interest coverage ratio 4.3. It has cash and short-term investments of €12.0M.
Key information
190.1%
Debt to equity ratio
€164.35m
Debt
| Interest coverage ratio | 4.3x |
| Cash | €11.99m |
| Equity | €86.44m |
| Total liabilities | €324.33m |
| Total assets | €410.77m |
Recent financial health updates
Recent updates
GO (MTSE:GO) Is Reinvesting At Lower Rates Of Return
Mar 28
GO (MTSE:GO) Is Reducing Its Dividend To €0.06
Aug 12GO's (MTSE:GO) Dividend Is Being Reduced To €0.09
Apr 16GO's (MTSE:GO) Dividend Will Be Reduced To €0.09
Apr 02GO p.l.c. (MTSE:GO) Investors Should Think About This Before Buying It For Its Dividend
May 03GO (MTSE:GO) Has A Somewhat Strained Balance Sheet
Apr 11What Do The Returns On Capital At GO (MTSE:GO) Tell Us?
Mar 16GO p.l.c.'s (MTSE:GO) Stock's Been Going Strong: Could Weak Financials Mean The Market Will Correct Its Share Price?
Feb 05
A Look At GO's (MTSE:GO) Share Price Returns
Jan 18Should You Buy GO p.l.c. (MTSE:GO) For Its Dividend?
Dec 31The Returns At GO (MTSE:GO) Provide Us With Signs Of What's To Come
Dec 09Should You Use GO's (MTSE:GO) Statutory Earnings To Analyse It?
Nov 20Financial Position Analysis
Short Term Liabilities: GO's short term assets (€72.8M) do not cover its short term liabilities (€115.0M).
Long Term Liabilities: GO's short term assets (€72.8M) do not cover its long term liabilities (€209.4M).
Debt to Equity History and Analysis
Debt Level: GO's net debt to equity ratio (176.3%) is considered high.
Reducing Debt: GO's debt to equity ratio has increased from 56.8% to 190.1% over the past 5 years.
Debt Coverage: GO's debt is well covered by operating cash flow (51.4%).
Interest Coverage: GO's interest payments on its debt are well covered by EBIT (4.3x coverage).