Phoenix Group Balance Sheet Health
Financial Health criteria checks 4/6
Phoenix Group has a total shareholder equity of $875.1M and total debt of $18.6M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are $977.6M and $102.4M respectively. Phoenix Group's EBIT is $110.2M making its interest coverage ratio 13.4. It has cash and short-term investments of $3.3M.
Key information
2.1%
Debt to equity ratio
US$18.60m
Debt
| Interest coverage ratio | 13.4x |
| Cash | US$3.27m |
| Equity | US$875.12m |
| Total liabilities | US$102.44m |
| Total assets | US$977.56m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: PHX's short term assets ($501.4M) exceed its short term liabilities ($97.6M).
Long Term Liabilities: PHX's short term assets ($501.4M) exceed its long term liabilities ($4.8M).
Debt to Equity History and Analysis
Debt Level: PHX's net debt to equity ratio (1.8%) is considered satisfactory.
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 (13.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 03:17 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Phoenix Group Plc is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kevin Dede | H.C. Wainwright & Co. |