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Basic-Fit NV (XAMS:BFIT) Debt-to-Equity : 6.27 (As of Dec. 2023)


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What is Basic-Fit NV Debt-to-Equity?

Basic-Fit NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €272 Mil. Basic-Fit NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €2,262 Mil. Basic-Fit NV's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €404 Mil. Basic-Fit NV's debt to equity for the quarter that ended in Dec. 2023 was 6.27.

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 Basic-Fit NV's Debt-to-Equity or its related term are showing as below:

XAMS:BFIT' s Debt-to-Equity Range Over the Past 10 Years
Min: -877.37   Med: 4.23   Max: 6.27
Current: 6.27

During the past 11 years, the highest Debt-to-Equity Ratio of Basic-Fit NV was 6.27. The lowest was -877.37. And the median was 4.23.

XAMS:BFIT's Debt-to-Equity is ranked worse than
94.8% of 692 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs XAMS:BFIT: 6.27

Basic-Fit NV Debt-to-Equity Historical Data

The historical data trend for Basic-Fit NV'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.

Basic-Fit NV Debt-to-Equity Chart

Basic-Fit NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.97 5.78 4.68 5.47 6.27

Basic-Fit NV Quarterly Data
Mar15 Jun15 Dec15 Mar16 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.68 5.42 5.47 5.84 6.27

Competitive Comparison of Basic-Fit NV's Debt-to-Equity

For the Leisure subindustry, Basic-Fit NV'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.


Basic-Fit NV's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Basic-Fit NV's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Basic-Fit NV's Debt-to-Equity falls into.



Basic-Fit NV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Basic-Fit NV's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Basic-Fit NV's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Basic-Fit NV  (XAMS:BFIT) 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.


Basic-Fit NV Debt-to-Equity Related Terms

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


Basic-Fit NV (XAMS:BFIT) Business Description

Traded in Other Exchanges
Address
Wegalaan 60, Hoofddorp, NH, NLD, 2132 JC
Basic-Fit NV is in the business of operating fitness clubs. It follows a straightforward membership model with Easy, Smart and Flex formats with different payment options and duration. It is active in the Netherlands, Belgium, Luxembourg, France, Germany and Spain.

Basic-Fit NV (XAMS:BFIT) Headlines

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