Phoenix Media Investment (Holdings) Balance Sheet Health
Financial Health criteria checks 5/6
Phoenix Media Investment (Holdings) has a total shareholder equity of HK$4.2B and total debt of HK$206.4M, which brings its debt-to-equity ratio to 4.9%. Its total assets and total liabilities are HK$6.7B and HK$2.5B respectively.
Key information
4.9%
Debt to equity ratio
HK$206.41m
Debt
Interest coverage ratio | n/a |
Cash | HK$2.26b |
Equity | HK$4.17b |
Total liabilities | HK$2.52b |
Total assets | HK$6.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2921's short term assets (HK$3.6B) exceed its short term liabilities (HK$1.8B).
Long Term Liabilities: 2921's short term assets (HK$3.6B) exceed its long term liabilities (HK$737.7M).
Debt to Equity History and Analysis
Debt Level: 2921 has more cash than its total debt.
Reducing Debt: 2921's debt to equity ratio has reduced from 15.6% to 4.9% over the past 5 years.
Debt Coverage: 2921's debt is well covered by operating cash flow (165.4%).
Interest Coverage: Insufficient data to determine if 2921's interest payments on its debt are well covered by EBIT.