Can Planet Fitness cover its short-term obligations?

Its current ratio is 2.07 — current assets exceed current liabilities.

Where does Planet Fitness's balance sheet data come from?

Every line is extracted from Planet Fitness's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Planet Fitness PLNT Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Cash and cash equivalents	$411.96M+17.8%	$349.67M+8.6%	$322.12M-31.8%	$472.5M-21.8%
Short-term investments	$106.76M-6.5%	$114.16M+52.4%	$74.9M—	$0—
Restricted cash	$66.3M+17.3%	$56.52M+22.1%	$46.28M-26.1%	$62.66M+8.0%
Accounts receivable, net	$70.43M-8.7%	$77.15M+84.2%	$41.89M-9.4%	$46.24M+69.7%
Inventories	$7.58M+23.3%	$6.15M+31.4%	$4.68M-11.2%	$5.27M+356%
Prepaid expenses and other current assets	$24.61M+14.4%	$21.5M+55.3%	$13.84M+25.0%	$11.08M-13.9%
Income taxes receivable	$2.96M+13.1%	$2.62M-21.1%	$3.31M-39.4%	$5.47M+49.0%
Total current assets	$658.39M+12.0%	$588.02M+24.6%	$471.82M-15.1%	$555.53M-16.1%
Property and equipment, net	$466.75M+10.1%	$423.99M+8.6%	$390.41M+11.9%	$348.82M+101%
Accumulated depreciation	$453.85M+22.6%	$370.12M+14.6%	$322.96M+41.7%	$227.87M+49.6%
Operating lease right-of-use assets	5.9%-39,517,399,994%	39,517,400,000%+1,416,400,000%	38,101,000,000%+3,407,300,000%	34,693,700,000%+15,660,700,000%
Goodwill	$712.45M-1.1%	$720.63M+0.4%	$717.5M+2.1%	$702.69M+207%
Intangible assets, net	$140.01M-56.7%	$323.32M-13.2%	$372.51M-10.7%	$417.07M+108%
Deferred tax assets	$405.5M+29,157%	$1.39M-15.7%	$1.64M+11.8%	$1.47M—
Other non-current assets	$5.4M-23.5%	$7.06M+82.3%	$3.87M+0.4%	$3.86M+90.8%
Held-to-maturity securities	$34.9M-53.9%	$75.65M-2.4%	$77.51M+209%	$25.12M-4.8%
Allowance for credit losses	——	——	$0—	——
Total assets	$3.1B+1.1%	$3.07B+3.4%	$2.97B+4.0%	$2.85B+41.6%
Accounts payable	$39.68M+20.7%	$32.89M+38.3%	$23.79M+15.6%	$20.58M-26.2%
Accrued expenses	$49.29M+24.2%	$39.7M+13.1%	$35.1M-16.6%	$42.07M+69.5%
Deferred revenue	$58.59M-5.7%	$62.11M+4.2%	$59.59M+10.8%	$53.76M+89.6%
Current portion of long-term debt	$23.88M+6.1%	$22.5M+8.4%	$20.75M0.0%	$20.75M+18.6%
Operating lease liabilities, current	$44.4M+19.9%	$37.03M+9.4%	$33.85M+1.9%	$33.23M+47.6%
Finance Lease Liability, Current	$203K+190%	$70K-44.0%	$125K—	$0—
Contract liabilities	$29.66M-7.3%	$31.99M-0.2%	$32.05M-3.3%	$33.15M-0.8%
Income taxes payable	$500K+68.4%	$297K+8.8%	$273K-16.8%	$328K-21.9%
Total current liabilities	$312.49M+10.6%	$282.5M+12.4%	$251.33M+2.8%	$244.53M+38.5%
Long-term debt	$2.46B+14.4%	$2.15B+9.4%	$1.96B-0.8%	$1.98B+13.7%
Operating lease liabilities, non-current	$419.12M+3.4%	$405.32M+6.2%	$381.59M+11.6%	$341.84M+72.9%
Finance lease liabilities	$773K+3,765%	$20K-68.3%	$63K-83.4%	$380K+65.2%
Other non-current liabilities	$5.68M+26.2%	$4.5M-7.0%	$4.83M+7.4%	$4.5M+48.4%
Total noncurrent liabilities	$3.27B+9.0%	$3B+5.8%	$2.84B+0.6%	$2.82B+13.7%
Additional paid-in capital	$623.33M+2.3%	$609.12M+5.8%	$575.63M+14.0%	$505.14M+696%
Retained earnings	-$1.11B-34.7%	-$822.16M-18.9%	-$691.46M+1.7%	-$703.72M+0.7%
Accumulated other comprehensive income (loss)	$1.31M+156%	-$2.35M-1,465%	$172K+138%	-$448K-3,833%
Noncontrolling interests	-$601K-8,686%	$7K+100%	-$3.34M+73.4%	-$12.55M-600%
Total stockholders' equity	-$482.78M-124%	-$215.38M-86.2%	-$115.65M+41.9%	-$199.01M+69.2%
Total liabilities and stockholders' equity	$3.1B+1.1%	$3.07B+3.4%	$2.97B+4.0%	$2.85B+41.6%
Available-for-Sale Debt Securities - Amortized Cost	$195.04M+4.5%	$186.58M+44.4%	$129.2M—	——
Allowance for Doubtful Accounts	$428K+1,327%	$30K—	$0—	$0—
Allowance for Doubtful Accounts Receivable (Current)	$428K+1,327%	$30K—	$0—	$0—
Cash, Cash Equivalents, and Marketable Securities	$195.43M+4.7%	$186.71M+44.1%	$129.55M—	——
Short- term Investments	$106.76M-6.5%	$114.16M+52.4%	$74.9M—	$0—
Other accounts receivable (net of allowances of $37 in 2026 and $37 in 2025)	$34.09M+103%	$16.78M+51.5%	$11.07M-26.1%	$14.98M+10.8%
Restricted assets - national advertising fund	$0—	$0—	$0—	——
Other Receivables	$34.09M+103%	$16.78M+51.5%	$11.07M-26.1%	$14.98M+10.8%
Available-for-Sale Securities (Non-Current)	$88.26M+34.4%	$65.67M+29.0%	$50.89M—	$0—
Deferred Tax Assets and Other Non-Current Assets	$5.4M-23.5%	$7.06M+82.3%	$3.87M+0.4%	$3.86M+90.8%
Finite-Lived Intangible Assets - Expected Amortization Expense (Year One)	——	——	——	——
Finite Lived Intangible Assets - Gross	$473.75M0.0%	$473.75M0.0%	$473.75M+1.5%	$466.87M+120%
Allowance for Credit Losses on Held-to-Maturity Securities	$24.42M+29.7%	$18.83M+6.5%	$17.69M+18.3%	$14.96M-14.3%
Intangible Assets Gross (Excluding Goodwill)	$620.16M0.0%	$620.35M0.0%	$620.35M+1.1%	$613.47M+71.0%
Investments - Amortized Cost Basis	$195.04M+4.5%	$186.58M+44.4%	$129.2M—	——
Net Investment in Lease	$409.32M+3.6%	$395.17M+3.7%	$381.01M+9.8%	$346.94M+82.3%
Deferred tax assets	$406.72M-13.5%	$470.2M-6.7%	$504.19M+10.9%	$454.57M-15.7%
Intangible assets — net	$140.01M-20.8%	$176.72M-21.8%	$225.91M-16.5%	$270.47M+398%
Other intangible assets—net	$286.41M-11.4%	$323.32M-13.2%	$372.51M-10.7%	$417.07M+108%
Long- term Investments	$88.26M+34.4%	$65.67M+29.0%	$50.89M—	$0—
Operating lease right-of-use assets	$409.32M+3.6%	$395.17M+3.7%	$381.01M+9.8%	$346.94M+82.3%
Other non-current assets	$5.4M-23.5%	$7.06M+82.3%	$3.87M+0.4%	$3.86M+90.8%
Property, plant and equipment, net	$466.75M+10.1%	$423.99M+8.6%	$390.41M+11.9%	$348.82M+101%
Operating Lease Right-of-Use Assets in Other Assets	$409.32M+3.6%	$395.17M+3.7%	$381.01M+9.8%	$346.94M+82.3%
Software and Technology Licenses, Net	$5.4M-23.5%	$7.06M+82.3%	$3.87M+0.4%	$3.86M+90.8%
Accrued Progress Collections and Price Adjustments	$29.66M-7.3%	$31.99M-0.2%	$32.05M-3.3%	$33.15M-0.8%
Other Commercial Liabilities	$75.37M+11.0%	$67.9M+2.4%	$66.3M-1.0%	$66.99M+29.5%
Accrued Liabilities, Current	$75.37M+11.0%	$67.9M+2.4%	$66.3M-1.0%	$66.99M+29.5%
Equipment deposits	$10.17M+449%	$1.85M-58.9%	$4.51M-46.6%	$8.44M+39.9%
Other accrued liabilities	$49.29M+24.2%	$39.7M+13.1%	$35.1M-16.6%	$42.07M+69.5%
Payable pursuant to tax benefit arrangements, current	$55.52M-0.1%	$55.56M+34.5%	$41.29M+29.3%	$31.94M—
Contract Liabilities, Non-Current	$29.66M-7.3%	$31.99M-0.2%	$32.05M-3.3%	$33.15M-0.8%
Debt Maturity - 2024	——	——	——	——
Debt Maturity - 2027	——	——	——	——
Debt - Unamortized Discount (Premium) and Issuance Costs, Net	$31.93M+26.6%	$25.22M+21.2%	$20.81M-20.9%	$26.31M+52.7%
Deferred revenue, net of current portion	$29.66M-7.3%	$31.99M-0.2%	$32.05M-3.3%	$33.15M-0.8%
Liability For Uncertain Tax Positions Noncurrent	$500K+68.4%	$297K+8.8%	$273K-16.8%	$328K-21.9%
Total debt	$2.95B+12.8%	$2.61B+8.9%	$2.4B+1.0%	$2.37B+20.0%
Total Carrying Value of Debt	$2.51B+14.5%	$2.2B+9.5%	$2B-1.0%	$2.03B+14.1%
Convertible Preferred Stock Authorized Shares	50M0.0%	50M0.0%	50M0.0%	50M0.0%
Convertible Preferred Stock Issued Shares	0—	0—	0—	0—
Convertible Preferred Stock Outstanding Shares	0—	0—	0—	0—
Additional paid-in capital	$623.33M+2.3%	$609.12M+5.8%	$575.63M+14.0%	$505.14M+696%
Unrealized Gains on Investments	$390K+187%	$136K-60.5%	$344K—	——
Cumulative Cost Basis	$195.04M+4.5%	$186.58M+44.4%	$129.2M—	——
Number of Countries of Operation	——	——	——	——
Allowance for doubtful accounts	$428K+1,327%	$30K—	$0—	$0—
Total	$195.04M+4.5%	$186.58M+44.4%	$129.2M—	——
Available for sale investments	$195.43M+4.7%	$186.71M+44.1%	$129.55M—	——
Contract with Customer, Liability	$88.25M-6.2%	$94.1M+2.7%	$91.64M+5.4%	$86.91M+40.7%
Equipment deposits	——	——	——	——
Long-term debt, gross	$2.51B+14.5%	$2.2B+9.5%	$2B-1.0%	$2.03B+14.1%
Debt Securities, Available-for-Sale, Allowance for Credit Loss	——	——	$0—	——
Debt Securities, Held-to-Maturity, Allowance for Credit Loss	$24.42M+29.7%	$18.83M+6.5%	$17.69M+18.3%	$14.96M-14.3%
Deferred income taxes	$1.18M-15.1%	$1.39M-15.7%	$1.64M+11.8%	$1.47M—
Deferred Tax Assets, Net	$405.5M-13.5%	$468.81M-6.7%	$502.54M+10.9%	$453.09M-16.0%
Current maturities of long-term debt	$203K+190%	$70K-44.0%	$125K—	$0—
Finance Lease, Right-of-Use Asset, after Accumulated Amortization	$964K+1,034%	$85K-52.5%	$179K-51.6%	$370K+66.7%
Thereafter	——	——	——	——
Finite-Lived Intangible Assets, Accumulated Amortization	$333.75M+12.4%	$297.03M+19.8%	$247.84M+26.2%	$196.4M+24.4%
2028	——	——	——	——
2030	——	——	——	——
Remainder of 2026	——	——	——	——
2027	——	——	——	——
2029	——	——	——	——
Gross Carrying Amount	$473.75M0.0%	$473.75M0.0%	$473.75M+1.5%	$466.87M+120%
2030	——	——	——	——
2028	——	——	——	——
Thereafter	——	——	——	——
2029	——	——	——	——
2027	——	——	——	——
Tax benefit obligation	$415.8M-10.9%	$466.92M-5.8%	$495.66M+0.2%	$494.47M-6.4%
Remainder of 2026	——	——	——	——
Tax receivable within other current assets	$2.96M+13.1%	$2.62M-21.1%	$3.31M-39.4%	$5.47M+49.0%
Indefinite- lived intangible impairment	$620.16M0.0%	$620.35M0.0%	$620.35M+1.1%	$613.47M+71.0%
Present value of lease liabilities	$464.49M+5.0%	$442.45M+6.5%	$415.63M+10.7%	$375.46M+70.3%
Lease, Right-of-Use Asset	$410.28M+3.8%	$395.26M+3.7%	$381.19M+9.8%	$347.31M+82.3%
2029	——	——	——	——
Lessee, Operating And Finance Lease, Liability, Payments, Due	——	——	——	——
Thereafter	——	——	——	——
2027	——	——	——	——
2030	——	——	——	——
Remainder of 2026	——	——	——	——
2028	——	——	——	——
Lessee, Operating And Finance Lease, Liability, Undiscounted Excess Amount	——	——	——	——
2028	——	——	——	——
2029	——	——	——	——
2030	——	——	——	——
2027	——	——	——	——
Remainder of 2026	——	——	——	——
Thereafter	——	——	——	——
Long Term Notes And Loans	$2.46B+14.4%	$2.15B+9.4%	$1.96B-0.8%	$1.98B+18.8%
Noncontrolling interests in subsidiaries	-$601K-8,686%	$7K+100%	-$3.34M+73.4%	-$12.55M-600%
Long-Lived Assets	$979.52M+8.4%	$903.44M—	——	——
Clubs acquired	2-33.3%	3—	——	——
Number Of States In Which Entity Operates	——	——	——	——
Number Of Stores	$2.9K+6.4%	$2.72K+5.7%	$2.58K+6.8%	$2.41K+6.9%
Operating Lease Weighted Average Discount Rate Percent	$0.06+5.4%	$0.06+3.7%	$0.05+14.9%	$0.05-6.0%
Preferred Stock, Shares Authorized	$50M0.0%	$50M0.0%	$50M0.0%	$50M0.0%
Preferred Stock, Shares Issued	$0—	$0—	$0—	$0—
Preferred Stock, Shares Outstanding	$0—	$0—	$0—	$0—
Prepaid expenses	$24.61M+14.4%	$21.5M+55.3%	$13.84M+25.0%	$11.08M-13.9%
Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied	——	——	——	——
Payable pursuant to tax benefit arrangements, net of current portion	$360.27M-12.4%	$411.36M-9.5%	$454.37M-1.8%	$462.53M—
Unrecorded Unconditional Purchase Obligation	——	——	——	——
Remainder of Fiscal Year 2024	——	——	——	——
Remainder of Fiscal Year 2025	——	——	——	——
Number of Stores	2.9K+6.4%	2.7K+5.7%	2.6K+6.8%	2.4K+6.9%
Unrecorded Unconditional Purchase Obligation	——	——	——	——

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Questions, answered.

Can Planet Fitness cover its short-term obligations?: Its current ratio is 2.07 — current assets exceed current liabilities.
Where does Planet Fitness's balance sheet data come from?: Every line is extracted from Planet Fitness's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.