iFIT Health & Fitness (iFIT Health & Fitness) Debt-to-EBITDA : N/A (As of May. 2020)

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What is iFIT Health & Fitness Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

iFIT Health & Fitness's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2020 was $0 Mil. iFIT Health & Fitness's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2020 was $140 Mil. iFIT Health & Fitness's annualized EBITDA for the quarter that ended in May. 2020 was $0 Mil.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for iFIT Health & Fitness's Debt-to-EBITDA or its related term are showing as below:

IFIT's Debt-to-EBITDA is not ranked ^*
in the Travel & Leisure industry.
Industry Median: 2.78
* Ranked among companies with meaningful Debt-to-EBITDA only.

iFIT Health & Fitness Debt-to-EBITDA Historical Data

The historical data trend for iFIT Health & Fitness's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

iFIT Health & Fitness Debt-to-EBITDA Chart

iFIT Health & Fitness Annual Data

Trend

May19

May20

May21

Debt-to-EBITDA

-2.24

-0.34

iFIT Health & Fitness Quarterly Data
	May19	May20	May21
Debt-to-EBITDA	N/A	N/A	N/A

Competitive Comparison of iFIT Health & Fitness's Debt-to-EBITDA

For the Leisure subindustry, iFIT Health & Fitness's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

iFIT Health & Fitness's Debt-to-EBITDA Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, iFIT Health & Fitness's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where iFIT Health & Fitness's Debt-to-EBITDA falls into.

iFIT Health & Fitness Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

iFIT Health & Fitness's Debt-to-EBITDA for the fiscal year that ended in May. 2021 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0	+	157.133)	/	-467.358
	=	-0.34

iFIT Health & Fitness's annualized Debt-to-EBITDA for the quarter that ended in May. 2020 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0	+	139.842)	/	0
	=	N/A

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (May. 2020) EBITDA data.

iFIT Health & Fitness (NAS:IFIT) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.

Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

iFIT Health & Fitness Debt-to-EBITDA Related Terms

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iFIT Health & Fitness (iFIT Health & Fitness) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » iFIT Health & Fitness Inc (NAS:IFIT) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

1500 South 1000 West, Logan, UT, USA, 84321

Website

https://www.ifit.com

iFIT Health & Fitness Inc is a health and fitness subscription technology company. It is an integrated health and fitness platform, designed to connect proprietary software, experiential content, and interactive hardware to deliver an unmatched connected fitness experience. It has two segments. The Interactive Fitness Products segment, which is the key revenue driver, derives revenue from the sale of the treadmills, bikes, ellipticals, rowers, climbers, strength equipment, fitness mirrors, yoga equipment, and accessories. The Subscription segment derives revenue from iFIT subscriptions and the sale of extended warranties on the fitness equipment.