Yes
All the other items you mention are only tools to assist in the accomplishment of the mission.
-Prerequisites to test for this badge are:
-Volunteer for EIB testing.
-He must meet the standard prescribed in AR 600-9, The Army Weight Control Program.
-Pass APFT with 70% in each event for his age group.
-Receive the recommendation of the current unit commander. Basically have no unfavorable personnel action (i.e. trouble).
-Qualify expert with the M16 series rifle/M4 carbine day (within last 12 months).
-Score expert on the 11C Gunners test, if an 11C MOS.
-Pass land navigation with AN/PSN-11 (PLGR) (day) and night land navigation within six months of testing date.
-Pass EIB standards for the 12-mile foot march within 90 days of testing date.
That is a good example of something that tests “all around” and has some meaning. Some guy that weighs in at 115 pounds and can score 330 points on a PT test if you had an extended scale but can't march with a ruck or is dumb as nails is worthless. The soldier needs to have good all around skills, and PT is just one aspect. Likewise if I have someone that is fantastic in combatives, but is an insubordinate dork that can't get along with his peers nor shoot straight if his life depended on it, is he a great soldier?
My point is simple- Don't emphasize physical fitness to much, it's but one aspect, and probably not even the most important. When it comes to physical fitness or shooting people often get tunnel vision.