Phoenix International Balance Sheet Health
Financial Health criteria checks 4/6
Phoenix International has a total shareholder equity of ₹3.5B and total debt of ₹757.1M, which brings its debt-to-equity ratio to 21.8%. Its total assets and total liabilities are ₹4.5B and ₹1.0B respectively. Phoenix International's EBIT is ₹102.3M making its interest coverage ratio 1.5. It has cash and short-term investments of ₹59.4M.
Key information
21.8%
Debt to equity ratio
₹757.07m
Debt
| Interest coverage ratio | 1.5x |
| Cash | ₹59.38m |
| Equity | ₹3.47b |
| Total liabilities | ₹1.01b |
| Total assets | ₹4.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526481's short term assets (₹508.5M) exceed its short term liabilities (₹278.9M).
Long Term Liabilities: 526481's short term assets (₹508.5M) do not cover its long term liabilities (₹728.0M).
Debt to Equity History and Analysis
Debt Level: 526481's net debt to equity ratio (20.1%) is considered satisfactory.
Reducing Debt: 526481's debt to equity ratio has reduced from 26.3% to 21.8% over the past 5 years.
Debt Coverage: 526481's debt is well covered by operating cash flow (28.7%).
Interest Coverage: 526481's interest payments on its debt are not well covered by EBIT (1.5x coverage).