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iFIT Health & Fitness (iFIT Health & Fitness) Interest Expense : $ Mil (TTM As of May. 2020)


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What is iFIT Health & Fitness Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. iFIT Health & Fitness's interest expense for the three months ended in May. 2020 was $ 0 Mil. iFIT Health & Fitness does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in May. 2020.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. iFIT Health & Fitness's Operating Income for the three months ended in May. 2020 was $ 0 Mil. iFIT Health & Fitness's Interest Expense for the three months ended in May. 2020 was $ 0 Mil. GuruFocus does not calculate iFIT Health & Fitness's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


iFIT Health & Fitness Interest Expense Historical Data

The historical data trend for iFIT Health & Fitness's Interest Expense 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 Interest Expense Chart

iFIT Health & Fitness Annual Data
Trend May19 May20 May21
Interest Expense
-15.37 -15.50 -31.02

iFIT Health & Fitness Quarterly Data
May19 May20 May21
Interest Expense - - -

iFIT Health & Fitness Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.


iFIT Health & Fitness  (NAS:IFIT) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

iFIT Health & Fitness's Interest Expense for the three months ended in May. 2020 was $0 Mil. Its Operating Income for the three months ended in May. 2020 was $0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in May. 2020 was $140 Mil.

iFIT Health & Fitness's Interest Coverage for the quarter that ended in May. 2020 is calculated as

GuruFocus does not calculate iFIT Health & Fitness's interest coverage with the available data.

* 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.

The higher the ratio, the stronger the company's financial strength is.


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

Comparable Companies
Traded in Other Exchanges
N/A
Address
1500 South 1000 West, Logan, UT, USA, 84321
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.

iFIT Health & Fitness (iFIT Health & Fitness) Headlines