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
Here's Why Fox Factory Holding (NASDAQ:FOXF) Can Manage Its Debt Responsibly
Jan 10
Does Fox Factory Holding (NASDAQ:FOXF) Have A Healthy Balance Sheet?
Oct 08Is Fox Factory Holding (NASDAQ:FOXF) Using Too Much Debt?
Jul 04Fox Factory Holding (NASDAQ:FOXF) Has A Pretty Healthy Balance Sheet
Nov 18These 4 Measures Indicate That Fox Factory Holding (NASDAQ:FOXF) Is Using Debt Reasonably Well
Aug 19Fox Factory Holding (NASDAQ:FOXF) Seems To Use Debt Quite Sensibly
May 10Recent updates
What Is Fox Factory Holding Corp.'s (NASDAQ:FOXF) Share Price Doing?
May 08Fox Factory: Some Stability, At Lower Levels
May 05Getting In Cheap On Fox Factory Holding Corp. (NASDAQ:FOXF) Is Unlikely
Apr 02Fox Factory: Wide Moat And Strong Margins In A Niche Industry
Feb 08Is Fox Factory Holding Corp. (NASDAQ:FOXF) Potentially Undervalued?
Jan 25Fox Factory Holding: Temporary Pressures Have Created A Buying Opportunity
Jan 24Here's Why Fox Factory Holding (NASDAQ:FOXF) Can Manage Its Debt Responsibly
Jan 10Risks To Shareholder Returns Are Elevated At These Prices For Fox Factory Holding Corp. (NASDAQ:FOXF)
Dec 25Is There An Opportunity With Fox Factory Holding Corp.'s (NASDAQ:FOXF) 38% Undervaluation?
Nov 08Does Fox Factory Holding (NASDAQ:FOXF) Have A Healthy Balance Sheet?
Oct 08Why Fox Factory Holding Corp. (NASDAQ:FOXF) Could Be Worth Watching
Sep 23Investors Could Be Concerned With Fox Factory Holding's (NASDAQ:FOXF) Returns On Capital
Sep 05Is Fox Factory Holding (NASDAQ:FOXF) Using Too Much Debt?
Jul 04What Is Fox Factory Holding Corp.'s (NASDAQ:FOXF) Share Price Doing?
Jun 07There Are Reasons To Feel Uneasy About Fox Factory Holding's (NASDAQ:FOXF) Returns On Capital
May 25A Look At The Fair Value Of Fox Factory Holding Corp. (NASDAQ:FOXF)
May 10Does Fox Factory Holding (NASDAQ:FOXF) Deserve A Spot On Your Watchlist?
Mar 25Is There Now An Opportunity In Fox Factory Holding Corp. (NASDAQ:FOXF)?
Feb 10The Returns On Capital At Fox Factory Holding (NASDAQ:FOXF) Don't Inspire Confidence
Jan 26Are Fox Factory Holding Corp. (NASDAQ:FOXF) Investors Paying Above The Intrinsic Value?
Dec 15Fox Factory Holding (NASDAQ:FOXF) Has A Pretty Healthy Balance Sheet
Nov 18Should You Think About Buying Fox Factory Holding Corp. (NASDAQ:FOXF) Now?
Nov 01The Returns On Capital At Fox Factory Holding (NASDAQ:FOXF) Don't Inspire Confidence
Oct 19These 4 Measures Indicate That Fox Factory Holding (NASDAQ:FOXF) Is Using Debt Reasonably Well
Aug 19Fox Factory Holding: Shares Have Had Their Run
Aug 12Calculating The Fair Value Of Fox Factory Holding Corp. (NASDAQ:FOXF)
Aug 05When Should You Buy Fox Factory Holding Corp. (NASDAQ:FOXF)?
Jul 22Does Fox Factory Holding (NASDAQ:FOXF) Deserve A Spot On Your Watchlist?
Jul 09Returns On Capital Signal Tricky Times Ahead For Fox Factory Holding (NASDAQ:FOXF)
Jun 27Fox Factory: A Quality Play On Vehicle Components
May 19Fox Factory Holding (NASDAQ:FOXF) Seems To Use Debt Quite Sensibly
May 10Calculating The Fair Value Of Fox Factory Holding Corp. (NASDAQ:FOXF)
Apr 25Is There Now An Opportunity In Fox Factory Holding Corp. (NASDAQ:FOXF)?
Apr 12Investors Could Be Concerned With Fox Factory Holding's (NASDAQ:FOXF) Returns On Capital
Mar 29Financial Position Analysis
Short Term Liabilities: FOXF's short term assets ($765.5M) exceed its short term liabilities ($223.0M).
Long Term Liabilities: FOXF's short term assets ($765.5M) do not cover its long term liabilities ($832.8M).
Debt to Equity History and Analysis
Debt Level: FOXF's net debt to equity ratio (58.1%) is considered high.
Reducing Debt: FOXF's debt to equity ratio has increased from 19.7% to 63.9% over the past 5 years.
Debt Coverage: FOXF's debt is well covered by operating cash flow (33.4%).
Interest Coverage: FOXF's interest payments on its debt are well covered by EBIT (4.5x coverage).