Phoenix Group Balance Sheet Health
Financial Health criteria checks 4/6
Phoenix Group has a total shareholder equity of $697.1M and total debt of $3.7M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are $834.0M and $136.9M respectively. Phoenix Group's EBIT is $189.3M making its interest coverage ratio 3154.7. It has cash and short-term investments of $198.2M.
Key information
0.5%
Debt to equity ratio
US$3.72m
Debt
Interest coverage ratio | 3154.7x |
Cash | US$198.16m |
Equity | US$697.12m |
Total liabilities | US$136.88m |
Total assets | US$834.00m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: PHX's short term assets ($609.0M) exceed its short term liabilities ($132.1M).
Long Term Liabilities: PHX's short term assets ($609.0M) exceed its long term liabilities ($4.8M).
Debt to Equity History and Analysis
Debt Level: PHX has more cash than its total debt.
Reducing Debt: Insufficient data to determine if PHX's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: PHX's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PHX's interest payments on its debt are well covered by EBIT (3154.7x coverage).