Phoenix Plus (Phoenix Plus) Cash-to-Debt : 10.44 (As of Jan. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Phoenix Plus Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Phoenix Plus's cash to debt ratio for the quarter that ended in Jan. 2024 was 10.44.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Phoenix Plus could pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

The historical rank and industry rank for Phoenix Plus's Cash-to-Debt or its related term are showing as below:

PXPC' s Cash-to-Debt Range Over the Past 10 Years
Min: 10.44 Med: 67.25 Max: 641.33
Current: 10.44

During the past 4 years, Phoenix Plus's highest Cash to Debt Ratio was 641.33. The lowest was 10.44. And the median was 67.25.

PXPC's Cash-to-Debt is ranked better than
74.12% of 993 companies
in the Semiconductors industry
Industry Median: 1.79 vs PXPC: 10.44

Phoenix Plus Cash-to-Debt Historical Data

The historical data trend for Phoenix Plus's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Phoenix Plus Cash-to-Debt Chart

Phoenix Plus Annual Data

Trend

Jul20

Jul21

Jul22

Jul23

Cash-to-Debt

82.82

49.00

59.15

12.74

Phoenix Plus Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial												111.75	300.00	12.74	10.66	10.44

Competitive Comparison of Phoenix Plus's Cash-to-Debt

For the Solar subindustry, Phoenix Plus's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Phoenix Plus's Cash-to-Debt Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Phoenix Plus's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Phoenix Plus's Cash-to-Debt falls into.

Phoenix Plus Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Phoenix Plus's Cash to Debt Ratio for the fiscal year that ended in Jul. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1.108	/	(0.029	+	0.058)
	=	12.74

Phoenix Plus's Cash to Debt Ratio for the quarter that ended in Jan. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	0.741	/	(0.026	+	0.045)
	=	10.44

Phoenix Plus (OTCPK:PXPC) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Phoenix Plus Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Phoenix Plus's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Phoenix Plus (Phoenix Plus) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Phoenix Plus Corp (OTCPK:PXPC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-3 & 2-5 Bedford Business Park, Jalan 3/137B, Batu 5, Jalan Kelang Lama, Kuala Lumpur, MYS, 58200

Website

https://phoenixpluscorp.com

Phoenix Plus Corp through its Hong Kong subsidiary is engaged in providing technical consultancy on solar power systems and consultancy on green energy solutions, with an additional focus on the commercialization of a targeted portfolio of solar products and technologies for a wide range of applications including electrical power production. The company is geographically segmented in United States, Malaysia and Hong Kong, out of which it generates majority of its revenue from Malaysia.

Phoenix Plus (Phoenix Plus) Headlines

From GuruFocus

The Phoenix Plus Corp (PXPC) Company: A Short SWOT Analysis

By GuruFocus Research • 10-31-2023