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iFIT Health & Fitness (iFIT Health & Fitness) Shares Outstanding (Basic Average) : 315 Mil (As of May. 2020)


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What is iFIT Health & Fitness Shares Outstanding (Basic Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. iFIT Health & Fitness's average basic shares outstanding for the quarter that ended in May. 2020 was 315 Mil.


iFIT Health & Fitness Shares Outstanding (Basic Average) Historical Data

The historical data trend for iFIT Health & Fitness's Shares Outstanding (Basic Average) 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.

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iFIT Health & Fitness Shares Outstanding (Basic Average) Chart

iFIT Health & Fitness Annual Data
Trend May19 May20 May21
Shares Outstanding (Basic Average)
314.89 314.89 314.89

iFIT Health & Fitness Quarterly Data
May19 May20 May21
Shares Outstanding (Basic Average) 314.89 314.89 314.89

iFIT Health & Fitness Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.


iFIT Health & Fitness  (NAS:IFIT) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.


Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


iFIT Health & Fitness Shares Outstanding (Basic Average) Related Terms

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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