Phoenix Plus Balance Sheet Health
Financial Health criteria checks 4/6
Phoenix Plus has a total shareholder equity of $677.1K and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $921.6K and $244.6K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$446.82k |
| Equity | US$677.06k |
| Total liabilities | US$244.57k |
| Total assets | US$921.63k |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PXPC's short term assets ($841.6K) exceed its short term liabilities ($213.0K).
Long Term Liabilities: PXPC's short term assets ($841.6K) exceed its long term liabilities ($31.6K).
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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PXPC has less than a year of cash runway if free cash flow continues to reduce at historical rates of 7.3% each year