FIT (Fitness Fanatics) Debt-to-Equity: 2.97 (As of Jun. 2025)

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What is Fitness Fanatics Debt-to-Equity?

Fitness Fanatics FIT Debt-to-Equity is 2.97 as of Jun. 2025.

Fitness Fanatics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2025 was $7.36 Mil. Fitness Fanatics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2025 was $0.04 Mil. Fitness Fanatics's Total Stockholders Equity for the quarter that ended in Jun. 2025 was $2.50 Mil. Fitness Fanatics's debt to equity for the quarter that ended in Jun. 2025 was 2.97.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Fitness Fanatics's Debt-to-Equity or its related term are showing as below:

FIT's Debt-to-Equity is not ranked *
in the Retail - Defensive industry.
Industry Median: 0.55
* Ranked among companies with meaningful Debt-to-Equity only.

Fitness Fanatics  (NAS:FIT) Debt-to-Equity Explanation

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

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Fitness Fanatics Debt-to-Equity Related Terms

Fitness Fanatics Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Fitness Fanatics's Debt-to-Equity 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.

Fitness Fanatics Debt-to-Equity Chart

Fitness Fanatics Annual Data
Trend Dec23 Dec24
Debt-to-Equity
5.92 3.27

Fitness Fanatics Semi-Annual Data
Dec23 Jun24 Dec24 Jun25
Debt-to-Equity 5.92 N/A 3.27 2.97

FIT vs : Debt-to-Equity Comparison

For the Food Distribution subindustry, Fitness Fanatics's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Fitness Fanatics Debt-to-Equity vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Fitness Fanatics's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Fitness Fanatics's Debt-to-Equity falls into.


Fitness Fanatics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fitness Fanatics's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(6.918 + 0.158) / 2.162
=3.27

Fitness Fanatics's Debt to Equity Ratio for the quarter that ended in Jun. 2025 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(7.363 + 0.04) / 2.495
=2.97

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 2.97 mean?
Fitness Fanatics (FIT) has a Debt-to-Equity of 2.97 as of Jun. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Fitness Fanatics and its competitors.
Is Fitness Fanatics' Debt-to-Equity too high?
Fitness Fanatics' current Debt-to-Equity is 2.97. The Retail - Defensive industry median Debt-to-Equity is 0.55. Fitness Fanatics' value of 2.97 is 440% above this industry median.
How does Fitness Fanatics' Debt-to-Equity compare to ?
Fitness Fanatics' Debt-to-Equity of 2.97 can be compared against companies in the Retail - Defensive industry. The industry median Debt-to-Equity is 0.55. Fitness Fanatics' value of 2.97 is 440% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Retail - Defensive company?
The median Debt-to-Equity among Retail - Defensive companies is 0.55, based on 281 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fitness Fanatics's current Debt-to-Equity of 2.97 is 440% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Fitness Fanatics and its competitors. For the Retail - Defensive industry, the median Debt-to-Equity is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fitness Fanatics's current Debt-to-Equity is 2.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fitness Fanatics stock overvalued right now?
Fitness Fanatics (FIT) has a current Debt-to-Equity of 2.97. The current Debt-to-Equity is 2.97 and 440% above the Retail - Defensive industry median of 0.55. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Fitness Fanatics (FIT), the current Debt-to-Equity is 2.97 as of Jun. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Fitness Fanatics Business Description

Comparable Companies
Address 31-35 Shan Mei Street, Flat 15, Block F, UG/F, Wah Lok Industrial Centre, Fo Tan, New Territories, Hong Kong, HKG
Fitness Fanatics Ltd is an investment holding company. The Company distributes and sells sports nutrition products through a B2C model via online stores, vending machines, and third-party e-commerce platforms, and through a B2B model by supplying products to wholesalers and retailers across Hong Kong, Mainland China, and Malaysia. distributed/sold over 30 brands of sports nutrition products supplied by 10 brand owners and over 10 distributors and have over 300 stock keeping units, or SKUs in the following three main categories: protein powder, such as whey, casein, isolate and plant-based protein; ready-to-eat snacks and packaged drinks, such as healthy/functional low-calorie and low-sugar protein bars, high protein milkshakes and carbonated energy drinks; and other products.