Interactive Strength (Interactive Strength) Debt-to-Equity : -1.82 (As of Dec. 2023)

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What is Interactive Strength Debt-to-Equity?

Interactive Strength's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $9.86 Mil. Interactive Strength's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.23 Mil. Interactive Strength's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-5.55 Mil. Interactive Strength's debt to equity for the quarter that ended in Dec. 2023 was -1.82.

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 Interactive Strength's Debt-to-Equity or its related term are showing as below:

TRNR' s Debt-to-Equity Range Over the Past 10 Years
Min: -4.06 Med: -1.19 Max: -0.38
Current: -1.82

During the past 4 years, the highest Debt-to-Equity Ratio of Interactive Strength was -0.38. The lowest was -4.06. And the median was -1.19.

TRNR's Debt-to-Equity is not ranked
in the Personal Services industry.
Industry Median: 0.76 vs TRNR: -1.82

Interactive Strength Debt-to-Equity Historical Data

The historical data trend for Interactive Strength'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.

* Premium members only.

Interactive Strength Debt-to-Equity Chart

Interactive Strength Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

-0.57

-0.38

-4.06

-1.82

Interactive Strength Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial						-4.06	11.82	1.27	-27.74	-1.82

Competitive Comparison of Interactive Strength's Debt-to-Equity

For the Personal Services subindustry, Interactive Strength'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.

Interactive Strength's Debt-to-Equity Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Interactive Strength's Debt-to-Equity distribution charts can be found below:

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

Interactive Strength Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Interactive Strength's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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
	=	(9.86	+	0.229)	/	-5.552
	=	-1.82

Interactive Strength's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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
	=	(9.86	+	0.229)	/	-5.552
	=	-1.82

Interactive Strength (NAS:TRNR) 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.

Interactive Strength Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Interactive Strength's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Interactive Strength (Interactive Strength) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Interactive Strength Inc (NAS:TRNR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

T2I:Germany

Address

1005 Congress Avenue, Suite 925 , Texas, Austin, TX, USA, 78701

Website

https://www.formelife.com

Interactive Strength Inc provides an integrated home fitness platform that allows its customers to participate in interactive wellness and strength-based training sessions. Its health coaching services encompass guidance and coaching on nutrition, recovery, sleep, and other health and lifestyle categories. It generates revenue from sales of its connected fitness products, membership revenue, and personal training revenue.

Executives

Bradley James Wickens	10 percent owner	PUDLICOTE HOUSE, PUDLICOTE LANE, CHIPPING NORTON, OXFORDSHIRE X0 OX7 3HX
Touw Kirsten Bartok	director	125 SOUTH WACKER DRIVE, SUITE 300, CHICAGO IL 60606
Investments 1 Block.one	10 percent owner	C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Lock.one	10 percent owner	C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, S. CHURCH ST., GEORGE TOWN, GRAND CAYMAN E9 KY1-1104
Brendan Francis Blumer	10 percent owner	C/O BLOCK.ONE, SUITE 4290, 48 MARKET STREET, CAMANA BAY, GRAND CAYMAN E9 KY1-9006
Trent Alexander Ward	director, officer: Chief Executive Officer	942 N. LAUREL AVENUE, LOS ANGELES CA 90046
Michael Madigan	officer: Principal Financial Officer	370 HOURGLASS LANE, BALDWINSVILLE NY 13027
Deepak Manu Mulchandani	director	27660 SKYLARK LANE, SANTA CLARA CA 91350
Stuart Bryan	officer: Principal Accounting Officer	22900 ALLEN COURT, SAINT CLAIR SHORES MI 48080
Weaver Aaron Ngoc Dung	director	99 OAKLEY STREET, LONDON X0 SW3 5NR
Kokuei Yuan	10 percent owner	SUITE 4290, 48 MARKET STREET, CAMANA BAY, GRAND CAYMAN E9 KY1-9006
Andrew Bliss	10 percent owner	SUITE 4290, 48 MARKET STREET, CAMANA BAY, GRAND CAYMAN E9 KY1-9006