Is Fenix Outdoor International financially healthy?
Mostly
Fenix Outdoor International would need 1.7 years of earnings to pay off its debt, which is manageable.
The numbers behind it
Net debt / EBITDA1.7 years
Cash vs. debtSEK 71M vs. SEK 217M
Current ratio2.0×Short-term assets for each SEK 1 of bills due within a year
Interest coverage3.9×How many times operating profit covers the interest bill
How we decide
We measure debt in years of earnings (net debt / EBITDA): under 1 is very comfortable, 1 to 3 is manageable, above 3 is heavy. A company that earns less than 3 times its interest bill also counts as weak.
More questions about Fenix Outdoor International
Data as of Nov 13, 2026.