Fenix Outdoor International Balance Sheet Health
Financial Health criteria checks 5/6
Fenix Outdoor International has a total shareholder equity of €417.5M and total debt of €38.6M, which brings its debt-to-equity ratio to 9.2%. Its total assets and total liabilities are €679.4M and €261.9M respectively. Fenix Outdoor International's EBIT is €33.9M making its interest coverage ratio 3.1. It has cash and short-term investments of €67.6M.
Key information
9.2%
Debt to equity ratio
€38.60m
Debt
| Interest coverage ratio | 3.1x |
| Cash | €67.60m |
| Equity | €417.50m |
| Total liabilities | €261.90m |
| Total assets | €679.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0QVE's short term assets (€396.9M) exceed its short term liabilities (€121.5M).
Long Term Liabilities: 0QVE's short term assets (€396.9M) exceed its long term liabilities (€140.4M).
Debt to Equity History and Analysis
Debt Level: 0QVE has more cash than its total debt.
Reducing Debt: 0QVE's debt to equity ratio has increased from 8.2% to 9.2% over the past 5 years.
Debt Coverage: 0QVE's debt is well covered by operating cash flow (320.1%).
Interest Coverage: 0QVE's interest payments on its debt are well covered by EBIT (3.1x coverage).