PHI Group Balance Sheet Health
Financial Health criteria checks 6/6
PHI Group has a total shareholder equity of $508.0M and total debt of $39.4M, which brings its debt-to-equity ratio to 7.7%. Its total assets and total liabilities are $764.6M and $256.6M respectively. PHI Group's EBIT is $96.4M making its interest coverage ratio 28.8. It has cash and short-term investments of $92.5M.
Key information
7.7%
Debt to equity ratio
US$39.36m
Debt
Interest coverage ratio | 28.8x |
Cash | US$92.52m |
Equity | US$507.99m |
Total liabilities | US$256.61m |
Total assets | US$764.60m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PHIG's short term assets ($422.0M) exceed its short term liabilities ($150.6M).
Long Term Liabilities: PHIG's short term assets ($422.0M) exceed its long term liabilities ($106.0M).
Debt to Equity History and Analysis
Debt Level: PHIG has more cash than its total debt.
Reducing Debt: PHIG's debt to equity ratio has reduced from 132.9% to 7.7% over the past 5 years.
Debt Coverage: PHIG's debt is well covered by operating cash flow (362.7%).
Interest Coverage: PHIG's interest payments on its debt are well covered by EBIT (28.8x coverage).