Phoenix New Media (Phoenix New Media) Cash-to-Debt

: 13.66 (As of Sep. 2023)

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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 New Media's cash to debt ratio for the quarter that ended in Sep. 2023 was 13.66.

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 New Media could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

FENG' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.63 Med: 13.5 Max: No Debt
Current: 13.66

During the past 13 years, Phoenix New Media's highest Cash to Debt Ratio was No Debt. The lowest was 1.63. And the median was 13.50.

FENG's Cash-to-Debt is ranked better than
63.14% of 586 companies
in the Interactive Media industry
Industry Median: 4.615 vs FENG: 13.66

Phoenix New Media Cash-to-Debt Historical Data

The historical data trend for Phoenix New Media'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.

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Phoenix New Media Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

4.06

18.03

30.88

32.67

10.95

Phoenix New Media Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt																10.27	10.95	13.00	13.34	13.66

Competitive Comparison

For the Internet Content & Information subindustry, Phoenix New Media'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 New Media Cash-to-Debt Distribution

For the Interactive Media industry and Communication Services sector, Phoenix New Media's Cash-to-Debt distribution charts can be found below:

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

Phoenix New Media 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 New Media's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	164.312	/	(3.391	+	11.611)
	=	10.95

Phoenix New Media's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	140.758	/	(2.857	+	7.451)
	=	13.66

Phoenix New Media (NYSE:FENG) 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 New Media Cash-to-Debt Related Terms

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

Phoenix New Media (Phoenix New Media) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Phoenix New Media Ltd (NYSE:FENG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

1PX:Germany

Address

No. 4 Qiyang Road, Sinolight Plaza, 16th Floor, Wangjing, Chaoyang District, Beijing, CHN, 100102

Website

https://www.ifeng.com

Phoenix New Media Ltd is a media company providing premium content on an integrated platform across the internet, mobile and TV channels in China. The company organizes its operations into two main segments: Net advertising services and Paid services. It provides its content and services through three channels: ifeng.com channel, video channel, and mobile channel. The company also offers a wide range of paid services including mobile value-added services, games, and content sales. It generates the majority of its revenue from Net advertising services. Geographically, it derives revenue from China.