PhenixFIN Balance Sheet Health
Financial Health criteria checks 2/6
PhenixFIN has a total shareholder equity of $154.3M and total debt of $84.4M, which brings its debt-to-equity ratio to 54.7%. Its total assets and total liabilities are $247.7M and $93.4M respectively. PhenixFIN's EBIT is $11.4M making its interest coverage ratio 1.9. It has cash and short-term investments of $19.1M.
Key information
54.7%
Debt to equity ratio
US$84.42m
Debt
| Interest coverage ratio | 1.9x |
| Cash | US$19.12m |
| Equity | US$154.27m |
| Total liabilities | US$93.42m |
| Total assets | US$247.69m |
Recent financial health updates
No updates
Recent updates
PhenixFIN GAAP NII of $0.09, total investment income of $3.7M beats by $0.15M
Aug 10If You Had Bought PhenixFIN's (NASDAQ:PFX) Shares Five Years Ago You Would Be Down 77%
Jan 14
PhenixFin, formerly Medley Capital, adopts $15M stock buyback program
Jan 11Medley Capital transfers listing from NYSE to NASDAQ
Dec 22Medley Capital net investment loss shrinks, NAV rises in fiscal Q4
Dec 11Financial Position Analysis
Short Term Liabilities: PFX's short term assets ($25.7M) exceed its short term liabilities ($8.7M).
Long Term Liabilities: PFX's short term assets ($25.7M) do not cover its long term liabilities ($84.7M).
Debt to Equity History and Analysis
Debt Level: PFX's net debt to equity ratio (42.3%) is considered high.
Reducing Debt: PFX's debt to equity ratio has reduced from 143.1% to 54.7% over the past 5 years.
Debt Coverage: PFX's debt is not well covered by operating cash flow (7.6%).
Interest Coverage: PFX's interest payments on its debt are not well covered by EBIT (1.9x coverage).