FitLife Brands Balance Sheet Health
Financial Health criteria checks 4/6
FitLife Brands has a total shareholder equity of $29.4M and total debt of $16.4M, which brings its debt-to-equity ratio to 55.8%. Its total assets and total liabilities are $55.5M and $26.1M respectively. FitLife Brands's EBIT is $10.9M making its interest coverage ratio 9.6. It has cash and short-term investments of $2.5M.
Key information
55.8%
Debt to equity ratio
US$16.39m
Debt
| Interest coverage ratio | 9.6x |
| Cash | US$2.54m |
| Equity | US$29.38m |
| Total liabilities | US$26.11m |
| Total assets | US$55.49m |
Recent financial health updates
Recent updates
FitLife Brands: A Turnaround Showing Solid Progress
May 21FitLife Brands' (NASDAQ:FTLF) Earnings Are Weaker Than They Seem
May 21
FitLife 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 ($15.0M) exceed its short term liabilities ($11.8M).
Long Term Liabilities: FTLF's short term assets ($15.0M) exceed its long term liabilities ($14.3M).
Debt to Equity History and Analysis
Debt Level: FTLF's net debt to equity ratio (47.2%) is considered high.
Reducing Debt: FTLF's debt to equity ratio has increased from 23% to 55.8% over the past 5 years.
Debt Coverage: FTLF's debt is well covered by operating cash flow (55%).
Interest Coverage: FTLF's interest payments on its debt are well covered by EBIT (9.6x coverage).