Phoenix (Phoenix) Debt-to-Equity : 3.01 (As of Mar. 2016)

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What is Phoenix Debt-to-Equity?

Phoenix's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2016 was $0 Mil. Phoenix's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2016 was $372 Mil. Phoenix's Total Stockholders Equity for the quarter that ended in Mar. 2016 was $124 Mil. Phoenix's debt to equity for the quarter that ended in Mar. 2016 was 3.01.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

PNX's Debt-to-Equity is not ranked ^*
in the Insurance industry.
Industry Median: 0.24
* Ranked among companies with meaningful Debt-to-Equity only.

Phoenix Debt-to-Equity Historical Data

The historical data trend for Phoenix's Debt-to-Equity 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.

* Premium members only.

Phoenix Debt-to-Equity Chart

Phoenix Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Debt-to-Equity

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0.62

0.75

0.64

1.16

2.35

Phoenix Quarterly Data
	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16
Debt-to-Equity	Get a 7-Day Free Trial															1.51	1.90	1.78	2.35	3.01

Competitive Comparison of Phoenix's Debt-to-Equity

For the Insurance - Life subindustry, Phoenix's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Phoenix's Debt-to-Equity distribution charts can be found below:

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

Phoenix Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Phoenix's Debt to Equity Ratio for the fiscal year that ended in Dec. 2015 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	378.9)	/	161.2
	=	2.35

Phoenix's Debt to Equity Ratio for the quarter that ended in Mar. 2016 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	371.8)	/	123.7
	=	3.01

Phoenix (NYSE:PNX) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Phoenix Debt-to-Equity Related Terms

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

Phoenix (Phoenix) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Phoenix Companies Inc (NYSE:PNX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

https://www.phoenixwm.phl.com

Phoenix Companies Inc is a Delaware corporation incorporated in 2000. It is a holding company. Its operating subsidiaries provide life insurance and annuity products through independent agents and financial advisors. Its main insurance company subsidiaries are Phoenix Life Insurance Company, domiciled in New York, and PHL Variable Insurance Company, domiciled in Connecticut. Its life insurance in force is permanent life insurance insuring one or more lives. Its annuity products include fixed and variable annuities with a variety of death benefit and guaranteed living benefit options. It operates two businesses segments: Life and Annuity and Saybrus Partners, Inc. The Life and Annuity segment includes individual life insurance and annuity products, including its closed block. Saybrus Partners, Inc provides dedicated life insurance and other consulting services to financial advisors in partner companies, as well as support for sales of Phoenix's product line through independent distribution organizations. Its products compete with similar products sold by other insurance companies and also with savings and investment products offered by banks, asset managers, and broker-dealers. Phoenix Life and PHLVIC are subject to regulation and supervision in each jurisdiction where it conducts business.

Executives

Arthur F Weinbach	director	1981 MARCUS AVENUE, LAKE SUCCESS NY 11042
John H Forsgren	director	DUKE ENERGY CORPORATION, 550 SOUTH TRYON STREET - DEC45A, CHARLOTTE NC 28202
Ann Maynard Gray	director
Westley V Thompson	director	THE PHOENIX COMPANIES, INC., ONE AMERICAN ROW, HARTFORD CT 06102
Sanford Jr Cloud	director	3820 STATE STREET, SANTA BARBARA CA 93105
James D Wehr	director, officer: President & CEO	3 BALA PLAZA EAST, SUITE 300, BALA CYNWYD PA 19004
Andrew J Mcmahon	director	C/O ALLIANCEBERNSTEIN L.P., 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Augustus K Oliver	director	C/O CORPORATE SECRETARY SCHOLASTIC CORP, 557 BROADWAY, NEW YORK NY 10012
Gordon J Davis	director	THE PHOENIX COMPANIES, INC., ONE AMERICAN ROW, HARTFORD CT 06102-5056
Thomas S Johnson	director	ALLEGHANY CORPORATION, 375 PARK AVENUE, SUITE 3201, NEW YORK NY 10152
Douglas C Miller	officer: Senior Vice President and Chie	ONE AMERICAN ROW, P.O. BOX 5056, HARTFORD CT 06052
Jean S Blackwell	director
Peter C Browning	director	GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
Jerry J Jasinowski	director	C/O HARSCO CORP, P O BOX 8888, CAMP HILL PA 17001-8888
Dona D Young	director, officer: Chairman, President & CEO	C/O FOOT LOCKER, INC., 112 WEST 34TH STREET, NEW YORK NY 10120