Phoenix International Limited

BSE:526481 Stock Report

Market Cap: ₹1.2b

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 ratio1.5x
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).


Balance Sheet


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