Phoenix Plus Balance Sheet Health
Financial Health criteria checks 6/6
Phoenix Plus has a total shareholder equity of $963.8K and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $1.3M and $386.1K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$756.85k |
Equity | US$963.81k |
Total liabilities | US$386.11k |
Total assets | US$1.35m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PXPC's short term assets ($1.3M) exceed its short term liabilities ($340.9K).
Long Term Liabilities: PXPC's short term assets ($1.3M) exceed its long term liabilities ($45.3K).
Debt to Equity History and Analysis
Debt Level: PXPC is debt free.
Reducing Debt: PXPC has not had any debt for past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: PXPC has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: PXPC has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 5.6% each year.