Go Fashion (India) (BOM:543401) Debt-to-EBITDA : 1.97 (As of Mar. 2024)

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What is Go Fashion (India) Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Go Fashion (India)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹757 Mil. Go Fashion (India)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹3,934 Mil. Go Fashion (India)'s annualized EBITDA for the quarter that ended in Mar. 2024 was ₹2,383 Mil. Go Fashion (India)'s annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 1.97.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Go Fashion (India)'s Debt-to-EBITDA or its related term are showing as below:

BOM:543401' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.51 Med: 1.68 Max: 2.98
Current: 1.81

During the past 6 years, the highest Debt-to-EBITDA Ratio of Go Fashion (India) was 2.98. The lowest was 1.51. And the median was 1.68.

BOM:543401's Debt-to-EBITDA is ranked better than
64.61% of 842 companies
in the Retail - Cyclical industry
Industry Median: 2.685 vs BOM:543401: 1.81

Go Fashion (India) Debt-to-EBITDA Historical Data

The historical data trend for Go Fashion (India)'s Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Go Fashion (India) Debt-to-EBITDA Chart

Go Fashion (India) Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-EBITDA

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1.60

2.98

1.75

1.51

1.81

Go Fashion (India) Quarterly Data
	Mar19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-EBITDA	Get a 7-Day Free Trial												1.62	-	1.55	-	1.97

Competitive Comparison of Go Fashion (India)'s Debt-to-EBITDA

For the Apparel Retail subindustry, Go Fashion (India)'s Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Go Fashion (India)'s Debt-to-EBITDA Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Go Fashion (India)'s Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Go Fashion (India)'s Debt-to-EBITDA falls into.

Go Fashion (India) Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Go Fashion (India)'s Debt-to-EBITDA for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(757.23	+	3933.758)	/	2597.357
	=	1.81

Go Fashion (India)'s annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(757.23	+	3933.758)	/	2383.108
	=	1.97

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2024) EBITDA data.

Go Fashion (India) (BOM:543401) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.

Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

Go Fashion (India) Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Go Fashion (India)'s Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.

Go Fashion (India) (BOM:543401) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Go Fashion (India) Ltd (BOM:543401) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

GOCOLORS:India

Address

Nungambakkam High Road, New No. 4,Old No. 144/2, 5th Floor, Sathak Center, Chennai, TN, IND, 600034

Website

https://www.gocolors.com

Go Fashion (India) Ltd is engaged in the development, design, sourcing, marketing, and retailing of a range of women's bottom-wear products under the brand, 'Go Colors'. Products, including churidars, leggings, harem pants, patiala, palazzos, culottes, pants, trousers and jeggings, are sold across multiple categories such as ethnic wear, western wear, fusion wear, activewear and denims.

Go Fashion (India) (BOM:543401) Headlines

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