Fenix Outdoor International Balance Sheet Health
Financial Health criteria checks 4/6
Fenix Outdoor International has a total shareholder equity of €387.6M and total debt of €77.5M, which brings its debt-to-equity ratio to 20%. Its total assets and total liabilities are €677.6M and €290.0M respectively. Fenix Outdoor International's EBIT is €72.4M making its interest coverage ratio 25. It has cash and short-term investments of €35.8M.
Key information
20.0%
Debt to equity ratio
€77.50m
Debt
| Interest coverage ratio | 25x |
| Cash | €35.80m |
| Equity | €387.60m |
| Total liabilities | €290.00m |
| Total assets | €677.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FNXT.F's short term assets (€413.8M) exceed its short term liabilities (€178.6M).
Long Term Liabilities: FNXT.F's short term assets (€413.8M) exceed its long term liabilities (€111.4M).
Debt to Equity History and Analysis
Debt Level: FNXT.F's net debt to equity ratio (10.8%) is considered satisfactory.
Reducing Debt: FNXT.F's debt to equity ratio has increased from 17.3% to 20% over the past 5 years.
Debt Coverage: FNXT.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: FNXT.F's interest payments on its debt are well covered by EBIT (25x coverage).