Fox Factory Holding Balance Sheet Health
Financial Health criteria checks 3/6
Fox Factory Holding has a total shareholder equity of $1.2B and total debt of $762.4M, which brings its debt-to-equity ratio to 63.9%. Its total assets and total liabilities are $2.2B and $1.1B respectively. Fox Factory Holding's EBIT is $131.4M making its interest coverage ratio 4.5. It has cash and short-term investments of $69.6M.
Key information
63.9%
Debt to equity ratio
US$762.43m
Debt
Interest coverage ratio | 4.5x |
Cash | US$69.58m |
Equity | US$1.19b |
Total liabilities | US$1.06b |
Total assets | US$2.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FF0's short term assets ($765.5M) exceed its short term liabilities ($223.0M).
Long Term Liabilities: FF0's short term assets ($765.5M) do not cover its long term liabilities ($832.8M).
Debt to Equity History and Analysis
Debt Level: FF0's net debt to equity ratio (58.1%) is considered high.
Reducing Debt: FF0's debt to equity ratio has increased from 19.7% to 63.9% over the past 5 years.
Debt Coverage: FF0's debt is well covered by operating cash flow (33.4%).
Interest Coverage: FF0's interest payments on its debt are well covered by EBIT (4.5x coverage).