Phoenician International Balance Sheet Health
Financial Health criteria checks 3/6
Phoenician International has a total shareholder equity of HK$208.1M and total debt of HK$89.2M, which brings its debt-to-equity ratio to 42.9%. Its total assets and total liabilities are HK$306.6M and HK$98.5M respectively.
Key information
42.9%
Debt to equity ratio
HK$89.18m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$286.71m |
| Equity | HK$208.12m |
| Total liabilities | HK$98.51m |
| Total assets | HK$306.63m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PHI's short term assets (HK$306.6M) exceed its short term liabilities (HK$9.3M).
Long Term Liabilities: PHI's short term assets (HK$306.6M) exceed its long term liabilities (HK$89.2M).
Debt to Equity History and Analysis
Debt Level: PHI has more cash than its total debt.
Reducing Debt: Insufficient data to determine if PHI's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: PHI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if PHI's interest payments on its debt are well covered by EBIT.