Phoenix Group Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Phoenix Group Holdings has a total shareholder equity of £2.8B and total debt of £3.7B, which brings its debt-to-equity ratio to 129.8%. Its total assets and total liabilities are £304.5B and £301.7B respectively. Phoenix Group Holdings's EBIT is £388.0M making its interest coverage ratio 1.4. It has cash and short-term investments of £9.7B.
Key information
129.8%
Debt to equity ratio
UK£3.69b
Debt
| Interest coverage ratio | 1.4x |
| Cash | UK£9.66b |
| Equity | UK£2.84b |
| Total liabilities | UK£301.69b |
| Total assets | UK£304.53b |
Recent financial health updates
No updates
Recent updates
Phoenix Group Holdings' (LON:PHNX) Dividend Will Be £0.2665
Sep 19
Improved Revenues Required Before Phoenix Group Holdings plc (LON:PHNX) Shares Find Their Feet
Sep 18Phoenix Group Holdings (LON:PHNX) Has Announced That It Will Be Increasing Its Dividend To £0.2665
Apr 10Phoenix Group Holdings' (LON:PHNX) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 27Financial Position Analysis
Short Term Liabilities: PHNX's short term assets (£33.8B) do not cover its short term liabilities (£177.0B).
Long Term Liabilities: PHNX's short term assets (£33.8B) do not cover its long term liabilities (£124.7B).
Debt to Equity History and Analysis
Debt Level: PHNX has more cash than its total debt.
Reducing Debt: PHNX's debt to equity ratio has increased from 37.5% to 129.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable PHNX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PHNX is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 5.2% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 22:09 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/06/30 |
| 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 Holdings plc is covered by 27 analysts. 5 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 |
|---|---|
| Andrew Broadfield | Barclays |
| Larissa van Deventer | Barclays |
| Trevor Moss | Berenberg |