Phoenix Mills Balance Sheet Health
Financial Health criteria checks 4/6
Phoenix Mills has a total shareholder equity of ₹116.3B and total debt of ₹45.1B, which brings its debt-to-equity ratio to 38.7%. Its total assets and total liabilities are ₹186.6B and ₹70.3B respectively. Phoenix Mills's EBIT is ₹17.4B making its interest coverage ratio 5.1. It has cash and short-term investments of ₹5.5B.
Key information
38.7%
Debt to equity ratio
₹45.05b
Debt
| Interest coverage ratio | 5.1x |
| Cash | ₹5.49b |
| Equity | ₹116.30b |
| Total liabilities | ₹70.34b |
| Total assets | ₹186.64b |
Recent financial health updates
Phoenix Mills (NSE:PHOENIXLTD) Seems To Use Debt Quite Sensibly
Mar 23
Phoenix Mills (NSE:PHOENIXLTD) Seems To Use Debt Quite Sensibly
Nov 18Here's Why Phoenix Mills (NSE:PHOENIXLTD) Can Manage Its Debt Responsibly
Jun 06Is Phoenix Mills (NSE:PHOENIXLTD) A Risky Investment?
Jan 21Is Phoenix Mills (NSE:PHOENIXLTD) Using Too Much Debt?
Nov 24Is Phoenix Mills (NSE:PHOENIXLTD) Using Too Much Debt?
Aug 19Recent updates
There's Reason For Concern Over The Phoenix Mills Limited's (NSE:PHOENIXLTD) Massive 25% Price Jump
Apr 25Phoenix Mills (NSE:PHOENIXLTD) Seems To Use Debt Quite Sensibly
Mar 23Optimistic Investors Push The Phoenix Mills Limited (NSE:PHOENIXLTD) Shares Up 27% But Growth Is Lacking
Feb 25Phoenix Mills (NSE:PHOENIXLTD) Seems To Use Debt Quite Sensibly
Nov 18We Take A Look At Why The Phoenix Mills Limited's (NSE:PHOENIXLTD) CEO Has Earned Their Pay Packet
Sep 16Phoenix Mills (NSE:PHOENIXLTD) Is Increasing Its Dividend To ₹5.00
Sep 03With EPS Growth And More, Phoenix Mills (NSE:PHOENIXLTD) Makes An Interesting Case
Aug 08Here's Why Phoenix Mills (NSE:PHOENIXLTD) Can Manage Its Debt Responsibly
Jun 06Should You Be Adding Phoenix Mills (NSE:PHOENIXLTD) To Your Watchlist Today?
Apr 12Is Phoenix Mills (NSE:PHOENIXLTD) A Risky Investment?
Jan 21Here's Why We Think Phoenix Mills (NSE:PHOENIXLTD) Is Well Worth Watching
Dec 30Phoenix Mills' (NSE:PHOENIXLTD) Dividend Will Be Increased To ₹2.40
Aug 24Is Phoenix Mills (NSE:PHOENIXLTD) Using Too Much Debt?
Nov 24Is Phoenix Mills (NSE:PHOENIXLTD) Using Too Much Debt?
Aug 19Is Phoenix Mills (NSE:PHOENIXLTD) A Risky Investment?
Mar 23The Chief Operating Officer of Malls of The Phoenix Mills Limited (NSE:PHOENIXLTD), Rashmi Sen, Just Sold 56% Of Their Holding
Feb 26Announcing: Phoenix Mills (NSE:PHOENIXLTD) Stock Increased An Energizing 198% In The Last Five Years
Feb 25Should You Use Phoenix Mills' (NSE:PHOENIXLTD) Statutory Earnings To Analyse It?
Feb 07Has The Phoenix Mills Limited's (NSE:PHOENIXLTD) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Jan 21Could The The Phoenix Mills Limited (NSE:PHOENIXLTD) Ownership Structure Tell Us Something Useful?
Jan 03
Phoenix Mills (NSE:PHOENIXLTD) Has A Somewhat Strained Balance Sheet
Dec 14Group CFO Pradumna Kanodia Just Sold A Bunch Of Shares In The Phoenix Mills Limited (NSE:PHOENIXLTD)
Nov 26These Analysts Just Made A Sizeable Downgrade To Their The Phoenix Mills Limited (NSE:PHOENIXLTD) EPS Forecasts
Nov 17Should You Think About Buying The Phoenix Mills Limited (NSE:PHOENIXLTD) Now?
Nov 05If You Had Bought Phoenix Mills (NSE:PHOENIXLTD) Shares Five Years Ago You'd Have Earned 68% Returns
Oct 20Is The Phoenix Mills Limited (NSE:PHOENIXLTD) Popular Amongst Institutions?
Sep 30Are Phoenix Mills's (NSE:PHOENIXLTD) Statutory Earnings A Good Guide To Its Underlying Profitability?
Sep 15Don't Ignore The Fact That This Insider Just Sold Some Shares In The Phoenix Mills Limited (NSE:PHOENIXLTD)
Aug 29Has The Phoenix Mills Limited's (NSE:PHOENIXLTD) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Aug 25Why The Phoenix Mills Limited (NSE:PHOENIXLTD) Could Be Worth Watching
Aug 06Can You Imagine How Phoenix Mills' (NSE:PHOENIXLTD) Shareholders Feel About The 62% Share Price Increase?
Jul 19Need To Know: Analysts Just Made A Substantial Cut To Their The Phoenix Mills Limited (NSE:PHOENIXLTD) Estimates
Jul 01Financial Position Analysis
Short Term Liabilities: PHOENIXLTD's short term assets (₹24.8B) do not cover its short term liabilities (₹25.7B).
Long Term Liabilities: PHOENIXLTD's short term assets (₹24.8B) do not cover its long term liabilities (₹44.6B).
Debt to Equity History and Analysis
Debt Level: PHOENIXLTD's net debt to equity ratio (34%) is considered satisfactory.
Reducing Debt: PHOENIXLTD's debt to equity ratio has reduced from 97% to 38.7% over the past 5 years.
Debt Coverage: PHOENIXLTD's debt is well covered by operating cash flow (37.3%).
Interest Coverage: PHOENIXLTD's interest payments on its debt are well covered by EBIT (5.1x coverage).