FitLife Brands Balance Sheet Health
Financial Health criteria checks 5/6
FitLife Brands has a total shareholder equity of $34.2M and total debt of $14.2M, which brings its debt-to-equity ratio to 41.5%. Its total assets and total liabilities are $58.6M and $24.4M respectively. FitLife Brands's EBIT is $12.4M making its interest coverage ratio 8.5. It has cash and short-term investments of $4.7M.
Key information
41.5%
Debt to equity ratio
US$14.16m
Debt
| Interest coverage ratio | 8.5x |
| Cash | US$4.66m |
| Equity | US$34.16m |
| Total liabilities | US$24.43m |
| Total assets | US$58.59m |
Recent financial health updates
Recent updates
FitLife Brands' (NASDAQ:FTLF) Earnings Are Weaker Than They Seem
Nov 21
Why FitLife Brands, Inc. (NASDAQ:FTLF) Could Be Worth Watching
Nov 19FitLife Brands: Attractively Valued And A Very Attractive Acquisition Target
Aug 26FitLife Brands: A Turnaround Showing Solid Progress
May 21FitLife Brands' (NASDAQ:FTLF) Earnings Are Weaker Than They Seem
May 21FitLife Brands, Inc.'s (NASDAQ:FTLF) 26% Price Boost Is Out Of Tune With Earnings
Apr 06FitLife Brands (NASDAQ:FTLF) Has A Pretty Healthy Balance Sheet
Mar 27Some May Be Optimistic About FitLife Brands' (NASDAQ:FTLF) Earnings
Nov 20Investors Appear Satisfied With FitLife Brands, Inc.'s (NASDAQ:FTLF) Prospects As Shares Rocket 41%
Oct 24FitLife Brands (NASDAQ:FTLF) Could Become A Multi-Bagger
Sep 28Financial Position Analysis
Short Term Liabilities: FTLF's short term assets ($18.1M) exceed its short term liabilities ($12.1M).
Long Term Liabilities: FTLF's short term assets ($18.1M) exceed its long term liabilities ($12.4M).
Debt to Equity History and Analysis
Debt Level: FTLF's net debt to equity ratio (27.8%) is considered satisfactory.
Reducing Debt: FTLF's debt to equity ratio has increased from 0% to 41.5% over the past 5 years.
Debt Coverage: FTLF's debt is well covered by operating cash flow (71.3%).
Interest Coverage: FTLF's interest payments on its debt are well covered by EBIT (8.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 05:35 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| 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
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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
FitLife Brands, Inc. is covered by 2 analysts. 1 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 |
|---|---|
| Sean McGowan | Roth MKM |
| Ajay Tandon | SeeThruEquity, LLC |