Phoenix Finance & Investments Balance Sheet Health
Financial Health criteria checks 2/6
Phoenix Finance & Investments has a total shareholder equity of BDT1.5B and total debt of BDT4.2B, which brings its debt-to-equity ratio to 274.5%. Its total assets and total liabilities are BDT29.1B and BDT27.6B respectively.
Key information
274.5%
Debt to equity ratio
৳4.18b
Debt
Interest coverage ratio | n/a |
Cash | ৳976.50m |
Equity | ৳1.52b |
Total liabilities | ৳27.60b |
Total assets | ৳29.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PHOENIXFIN's short term assets (BDT27.9B) exceed its short term liabilities (BDT20.4B).
Long Term Liabilities: PHOENIXFIN's short term assets (BDT27.9B) exceed its long term liabilities (BDT7.2B).
Debt to Equity History and Analysis
Debt Level: PHOENIXFIN's net debt to equity ratio (210.4%) is considered high.
Reducing Debt: PHOENIXFIN's debt to equity ratio has increased from 232.3% to 274.5% over the past 5 years.
Debt Coverage: PHOENIXFIN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if PHOENIXFIN's interest payments on its debt are well covered by EBIT.