Fitell Corporation

NasdaqCM FTEL

Fitell Corporation Interest Coverage Ratio for the year ending June 30, 2024: -6.67

Fitell Corporation Interest Coverage Ratio is -6.67 for the year ending June 30, 2024, a 61.80% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • Fitell Corporation Interest Coverage Ratio for the year ending June 30, 2023 was -17.45, a -284.09% change year over year.
  • Fitell Corporation Interest Coverage Ratio for the year ending June 30, 2022 was 9.48, a -80.74% change year over year.
  • Fitell Corporation Interest Coverage Ratio for the year ending June 30, 2021 was 49.21, a -28.87% change year over year.
  • Fitell Corporation Interest Coverage Ratio for the year ending June 30, 2020 was 69.18.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
Market news
SV Wall Street
NasdaqCM: FTEL

Fitell Corporation

CEO Ms. Yinying Lu
IPO Date Aug. 14, 2023
Location Australia
Headquarters 23-25 Mangrove Lane
Employees 11
Sector Consumer Staples
Industries
Retail & Wholesale E-commerce Specialty Retail
Description

Fitell Corporation, through its subsidiary GD Wellness Pty Ltd, operates as an online retailer of gym and fitness equipment for personal training studios and commercial gyms chains in Australia and Southeast Asia. The company sells fitness equipment, such as home gym and commercial strength-training equipment; and cardio equipment, including rowing machines, exercise bikes, and treadmills under the Muscle Motion, Rapid Motion, and FleetX brand names. It also engages in the boutique fitness clubs licensing business. The company sells its products through department stores and e-commerce companies. Fitell Corporation was founded in 2007 and is headquartered in Taren Point, Australia. Fitell Corporation operates as a subsidiary of SKMA Capital and Investment Ltd.

StockViz Staff

January 31, 2025

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