Basic-Fit Balance Sheet Health
Financial Health criteria checks 2/6
Basic-Fit has a total shareholder equity of €404.0M and total debt of €881.5M, which brings its debt-to-equity ratio to 218.2%. Its total assets and total liabilities are €3.2B and €2.8B respectively. Basic-Fit's EBIT is €85.1M making its interest coverage ratio 0.9. It has cash and short-term investments of €72.7M.
Key information
218.2%
Debt to equity ratio
€881.46m
Debt
| Interest coverage ratio | 0.9x |
| Cash | €72.70m |
| Equity | €403.98m |
| Total liabilities | €2.83b |
| Total assets | €3.23b |
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
We 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 (€176.9M) do not cover its short term liabilities (€560.7M).
Long Term Liabilities: BFIT's short term assets (€176.9M) do not cover its long term liabilities (€2.3B).
Debt to Equity History and Analysis
Debt Level: BFIT's net debt to equity ratio (200.2%) is considered high.
Reducing Debt: BFIT's debt to equity ratio has increased from 115.2% to 218.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable BFIT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: BFIT is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 33.9% per year.