Basic-Fit Balance Sheet Health
Financial Health criteria checks 1/6
Basic-Fit has a total shareholder equity of €408.3M and total debt of €978.9M, which brings its debt-to-equity ratio to 239.7%. Its total assets and total liabilities are €3.3B and €2.9B respectively. Basic-Fit's EBIT is €108.2M making its interest coverage ratio 1.1. It has cash and short-term investments of €35.0M.
Key information
239.7%
Debt to equity ratio
€978.88m
Debt
| Interest coverage ratio | 1.1x |
| Cash | €35.04m |
| Equity | €408.29m |
| Total liabilities | €2.92b |
| Total assets | €3.32b |
Recent financial health updates
We Think Basic-Fit (AMS:BFIT) Is Taking Some Risk With Its Debt
Apr 16
Does Basic-Fit (AMS:BFIT) Have A Healthy Balance Sheet?
Sep 27We Think Basic-Fit (AMS:BFIT) Is Taking Some Risk With Its Debt
Jun 11Is Basic-Fit (AMS:BFIT) Weighed On By Its Debt Load?
Sep 13Is Basic-Fit (AMS:BFIT) Using Debt In A Risky Way?
May 13Does Basic-Fit (AMS:BFIT) Have A Healthy Balance Sheet?
Dec 06Recent updates
Basic-Fit N.V. (AMS:BFIT) Might Not Be As Mispriced As It Looks
Dec 26We Think You Can Look Beyond Basic-Fit's (AMS:BFIT) Lackluster Earnings
Aug 04We Think Basic-Fit (AMS:BFIT) Is Taking Some Risk With Its Debt
Apr 16Here's What To Make Of Basic-Fit's (AMS:BFIT) Decelerating Rates Of Return
Mar 16Basic-Fit (AMS:BFIT) May Have Issues Allocating Its Capital
Dec 01Does Basic-Fit (AMS:BFIT) Have A Healthy Balance Sheet?
Sep 27Basic-Fit (AMS:BFIT) Could Be Struggling To Allocate Capital
Aug 15We Think Basic-Fit (AMS:BFIT) Is Taking Some Risk With Its Debt
Jun 11Is It Too Late To Consider Buying Basic-Fit N.V. (AMS:BFIT)?
May 14Estimating The Intrinsic Value Of Basic-Fit N.V. (AMS:BFIT)
Apr 29Basic-Fit (AMS:BFIT) Might Be Having Difficulty Using Its Capital Effectively
Apr 14Is Basic-Fit (AMS:BFIT) Weighed On By Its Debt Load?
Sep 13Is Basic-Fit (AMS:BFIT) Using Debt In A Risky Way?
May 13An Intrinsic Calculation For Basic-Fit N.V. (AMS:BFIT) Suggests It's 35% Undervalued
Dec 25Does Basic-Fit (AMS:BFIT) Have A Healthy Balance Sheet?
Dec 06Should You Investigate Basic-Fit N.V. (AMS:BFIT) At €42.84?
Nov 01Here's Why Basic-Fit (AMS:BFIT) Can Afford Some Debt
Sep 06A Look At The Intrinsic Value Of Basic-Fit N.V. (AMS:BFIT)
Aug 16Basic-Fit N.V. (AMS:BFIT) Analysts Just Trimmed Their Revenue Forecasts By 11%
Jul 26Basic-Fit N.V. (AMS:BFIT) Analysts Are More Bearish Than They Used To Be
Apr 25Basic-Fit (AMS:BFIT) Has Debt But No Earnings; Should You Worry?
Apr 19Does Basic-Fit's (AMS:BFIT) Share Price Gain of 64% Match Its Business Performance?
Feb 26What You Need To Know About Basic-Fit N.V.'s (AMS:BFIT) Investor Composition
Jan 22Member of the Supervisory Board J. C. Willemse Just Sold A Bunch Of Shares In Basic-Fit N.V. (AMS:BFIT)
Dec 17Basic-Fit (AMS:BFIT) Has Debt But No Earnings; Should You Worry?
Dec 04
Financial Position Analysis
Short Term Liabilities: BFIT's short term assets (€135.6M) do not cover its short term liabilities (€507.3M).
Long Term Liabilities: BFIT's short term assets (€135.6M) do not cover its long term liabilities (€2.4B).
Debt to Equity History and Analysis
Debt Level: BFIT's net debt to equity ratio (231.2%) is considered high.
Reducing Debt: BFIT's debt to equity ratio has increased from 139.8% to 239.7% over the past 5 years.
Debt Coverage: BFIT's debt is well covered by operating cash flow (54.7%).
Interest Coverage: BFIT's interest payments on its debt are not well covered by EBIT (1.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/20 17:55 |
| End of Day Share Price | 2025/01/17 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Basic-Fit N.V. is covered by 23 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Robert Jan Vos | ABN AMRO Bank N.V. |
| James Rowland Clark | Barclays |
| Chandni Hirani | Barclays |