Fenix Outdoor International Balance Sheet Health
Financial Health criteria checks 5/6
Fenix Outdoor International has a total shareholder equity of €417.2M and total debt of €71.6M, which brings its debt-to-equity ratio to 17.2%. Its total assets and total liabilities are €743.2M and €326.0M respectively. Fenix Outdoor International's EBIT is €53.7M making its interest coverage ratio 14. It has cash and short-term investments of €119.1M.
Key information
17.2%
Debt to equity ratio
€71.63m
Debt
| Interest coverage ratio | 14x |
| Cash | €119.10m |
| Equity | €417.22m |
| Total liabilities | €325.99m |
| Total assets | €743.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FOIBS's short term assets (€452.6M) exceed its short term liabilities (€175.8M).
Long Term Liabilities: FOIBS's short term assets (€452.6M) exceed its long term liabilities (€150.2M).
Debt to Equity History and Analysis
Debt Level: FOIBS has more cash than its total debt.
Reducing Debt: FOIBS's debt to equity ratio has increased from 8.7% to 17.2% over the past 5 years.
Debt Coverage: FOIBS's debt is well covered by operating cash flow (105.9%).
Interest Coverage: FOIBS's interest payments on its debt are well covered by EBIT (14x coverage).