PhenixFINPFX -0.83%31 Cash-to-Debt is 0.02 as of Mar. 2026, which is 90% below its 10-year median of 0.21. GuruFocus rates PFX with a GF Score™ of 31/100 and a GF Value™ of $17.35 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,438 Asset Management companies, PhenixFIN ranks worse than 92.28% on this metric.
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. PhenixFIN's cash to debt ratio for the quarter that ended in Mar. 2026 was 0.02.
If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, PhenixFINcouldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2026.
The historical rank and industry rank for PhenixFIN's Cash-to-Debt or its related term are showing as below:
PFX'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.21 Max: 0.9
Current: 0.02
During the past 13 years, PhenixFIN's highest Cash to Debt Ratio was 0.90. The lowest was 0.02. And the median was 0.21.
PFX's Cash-to-Debt is ranked worse than 92.28% of 1438
companies
in the Asset Management industry
Industry Median: 5.04
vs PFX: 0.02
PhenixFIN (NAS:PFX) 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.
PhenixFIN Cash-to-Debt Related Terms
PhenixFIN Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for PhenixFIN'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.
For the Asset Management subindustry, PhenixFIN'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.
PhenixFIN Cash-to-Debt vs Asset Management Industry
For the Asset Management industry and Financial Services sector, PhenixFIN's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where PhenixFIN's Cash-to-Debt falls into.
* 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.
PhenixFIN (PFX) has a Cash-to-Debt of 0.02 as of Mar. 2026. This is 90% below median its historical median of 0.21. Over the past decade, PhenixFIN's Cash-to-Debt has ranged from 0.02 to 0.90. According to the industry distribution chart, PhenixFIN ranks #1327 out of 1438 companies in the Asset Management industry, placing it in the top 92.3%.
Is PhenixFIN's Cash-to-Debt too high?
PhenixFIN's current Cash-to-Debt of 0.02 is 90% below median its 10-year median of 0.21. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.90. The Asset Management industry median Cash-to-Debt is 5.04. PhenixFIN's value of 0.02 is 99.6% below this industry median. Based on the distribution chart, PhenixFIN ranks #1327 out of 1438 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, PhenixFIN has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PhenixFIN's Cash-to-Debt compare to VGI and DFDV?
According to the Asset Management industry distribution chart, PhenixFIN ranks #1327 out of 1438 companies for Cash-to-Debt. This places PhenixFIN in the lower half of its industry. The industry median Cash-to-Debt is 5.04. PhenixFIN's value of 0.02 is 99.6% below this benchmark. Historically, PhenixFIN's own Cash-to-Debt has ranged from 0.02 to 0.90 over the past decade. While the company's 10-year median is 0.21 vs. the industry median of 5.04, PhenixFIN has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for an Asset Management company?
The median Cash-to-Debt among Asset Management companies is 5.04, based on 1,438 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PhenixFIN's current Cash-to-Debt of 0.02 is 99.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Asset Management industry, the median Cash-to-Debt is 5.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PhenixFIN's current Cash-to-Debt is 0.02, which is 90% below median its own 10-year median of 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PhenixFIN stock overvalued right now?
Based on GuruFocus' analysis, PhenixFIN (PFX) is currently considered Significantly Overvalued. The stock's GF Value™ is $17.35, compared to a current price of $42.82 — trading 146.8% above its estimated fair value. The current Cash-to-Debt is 0.02, which is 90% below median its 10-year median of 0.21 and 99.6% below the Asset Management industry median of 5.04. PhenixFIN's overall GF Score™ is 31/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For PhenixFIN (PFX), the current Cash-to-Debt is 0.02 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is PhenixFIN (PFX) Overvalued in 2026?
Based on GuruFocus' analysis, PhenixFIN stock appears to be overvalued.
The current stock price of $42.82 is trading 146.8% above its estimated GF Value™ of $17.35.
GuruFocus considers PhenixFIN to be Significantly Overvalued.
Key valuation signals for PFX:
Cash-to-Debt: 0.02 (90% below median its 10-year median of 0.21)
GF Value™: $17.35 vs. price of $42.82 (146.8% above fair value)
Industry Position: 99.6% below the Asset Management median (#1327 of 1438)
No single metric tells the full story. See the PFX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PhenixFIN Corp is a non-diversified closed end management investment company operating in United States. Its investment objective is to generate current income and capital appreciation by lending directly to privately held middle market companies to expand their business, refinance and make acquisitions. It mainly invests in senior secured first lien term loans, senior secured second lien term loans, unitranche, senior secured first lien notes, subordinated notes and warrants and minority equity securities. It may also invest in securities of foreign companies. Portfolio of the company mainly consists of securities across all sectors. Revenue generated by the company comprises of interest income, dividend and other income earned through investments made.
31GF Score
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