Phoenix Financial Balance Sheet Health
Financial Health criteria checks 3/6
Phoenix Financial has a total shareholder equity of ₪11.2B and total debt of ₪10.1B, which brings its debt-to-equity ratio to 90.2%. Its total assets and total liabilities are ₪160.6B and ₪149.4B respectively. Phoenix Financial's EBIT is ₪2.6B making its interest coverage ratio 5.9. It has cash and short-term investments of ₪110.6B.
Key information
90.2%
Debt to equity ratio
₪10.10b
Debt
| Interest coverage ratio | 5.9x |
| Cash | ₪110.62b |
| Equity | ₪11.20b |
| Total liabilities | ₪149.43b |
| Total assets | ₪160.63b |
Recent financial health updates
No updates
Recent updates
Most Shareholders Will Probably Agree With The Phoenix Holdings Ltd.'s (TLV:PHOE) CEO Compensation
Aug 07
The Phoenix Holdings Ltd. (TLV:PHOE) Could Be Riskier Than It Looks
Aug 04The Phoenix Holdings Ltd. (TLV:PHOE) Might Not Be As Mispriced As It Looks
May 02The Phoenix Holdings Ltd.'s (TLV:PHOE) Subdued P/S Might Signal An Opportunity
Dec 29Should You Be Adding Phoenix Holdings (TLV:PHOE) To Your Watchlist Today?
Nov 02We Ran A Stock Scan For Earnings Growth And Phoenix Holdings (TLV:PHOE) Passed With Ease
Jul 22Here's Why We Think Phoenix Holdings (TLV:PHOE) Is Well Worth Watching
Apr 23Here's Why We Think Phoenix Holdings (TLV:PHOE) Is Well Worth Watching
Jan 16If You Like EPS Growth Then Check Out Phoenix Holdings (TLV:PHOE) Before It's Too Late
Oct 07The Case For The Phoenix Holdings Ltd. (TLV:PHOE): Could It Be A Nice Addition To Your Dividend Portfolio?
May 11Phoenix Holdings (TLV:PHOE) Has Gifted Shareholders With A Fantastic 225% Total Return On Their Investment
Feb 23What Kind Of Shareholders Hold The Majority In The Phoenix Holdings Ltd's (TLV:PHOE) Shares?
Jan 25
The Phoenix Holdings Ltd (TLV:PHOE) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?
Dec 29What The Phoenix Holdings Ltd's (TLV:PHOE) 27% Share Price Gain Is Not Telling You
Dec 02Financial Position Analysis
Short Term Liabilities: PHOE's short term assets (₪120.4B) exceed its short term liabilities (₪7.9B).
Long Term Liabilities: PHOE's short term assets (₪120.4B) do not cover its long term liabilities (₪141.6B).
Debt to Equity History and Analysis
Debt Level: PHOE has more cash than its total debt.
Reducing Debt: PHOE's debt to equity ratio has increased from 64.7% to 90.2% over the past 5 years.
Debt Coverage: PHOE's debt is not well covered by operating cash flow (15.9%).
Interest Coverage: PHOE's interest payments on its debt are well covered by EBIT (5.9x coverage).