Phoenix International Balance Sheet Health
Financial Health criteria checks 4/6
Phoenix International has a total shareholder equity of ₹3.4B and total debt of ₹807.0M, which brings its debt-to-equity ratio to 23.4%. Its total assets and total liabilities are ₹4.7B and ₹1.2B respectively. Phoenix International's EBIT is ₹93.0M making its interest coverage ratio 1.4. It has cash and short-term investments of ₹62.0M.
Key information
23.4%
Debt to equity ratio
₹807.00m
Debt
Interest coverage ratio | 1.4x |
Cash | ₹61.99m |
Equity | ₹3.45b |
Total liabilities | ₹1.24b |
Total assets | ₹4.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526481's short term assets (₹767.4M) exceed its short term liabilities (₹442.3M).
Long Term Liabilities: 526481's short term assets (₹767.4M) do not cover its long term liabilities (₹801.3M).
Debt to Equity History and Analysis
Debt Level: 526481's net debt to equity ratio (21.6%) is considered satisfactory.
Reducing Debt: 526481's debt to equity ratio has reduced from 27.2% to 23.4% over the past 5 years.
Debt Coverage: 526481's debt is well covered by operating cash flow (22.7%).
Interest Coverage: 526481's interest payments on its debt are not well covered by EBIT (1.4x coverage).