iFIT Health & Fitness (iFIT Health & Fitness) Total Liabilities : $553 Mil (As of May. 2020)

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What is iFIT Health & Fitness Total Liabilities?

iFIT Health & Fitness's Total Liabilities for the quarter that ended in May. 2020 was $553 Mil.

iFIT Health & Fitness's quarterly Total Liabilities stayed the same from . 20 ($0.00 Mil) to May. 2019 ($0.00 Mil) but then increased from May. 2019 ($0.00 Mil) to May. 2020 ($553.29 Mil).

iFIT Health & Fitness's annual Total Liabilities increased from May. 2019 ($0.00 Mil) to May. 2020 ($553.29 Mil) and increased from May. 2020 ($553.29 Mil) to May. 2021 ($1,662.73 Mil).

iFIT Health & Fitness Total Liabilities Historical Data

The historical data trend for iFIT Health & Fitness's Total Liabilities 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 Total Liabilities Chart

iFIT Health & Fitness Annual Data

Trend

May19

May20

May21

Total Liabilities

553.29

1,662.73

iFIT Health & Fitness Quarterly Data
	May19	May20	May21
Total Liabilities	-	553.29	1,662.73

iFIT Health & Fitness Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

iFIT Health & Fitness's Total Liabilities for the fiscal year that ended in May. 2021 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	706.009	+	(157.133	+	707.966
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	91.617	+	0)
	=	1,663

Total Liabilities	=	Total Assets (A: May. 2021 )	-	Total Equity (A: May. 2021 )
	=	992.566	-	-670.159
	=	1,663

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

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	261.364	+	(139.842	+	95.555
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	56.524	+	0)
	=	553

Total Liabilities	=	Total Assets (Q: May. 2020 )	-	Total Equity (Q: May. 2020 )
	=	372.129	-	-181.156
	=	553

iFIT Health & Fitness Total Liabilities 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 » Total Liabilities

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.