Phoenix Petroleum Philippines (PHS:PNX3B.PFD) Cash-to-Debt : 0.05 (As of Sep. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Phoenix Petroleum Philippines 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 Petroleum Philippines's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.05.

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, Phoenix Petroleum Philippines couldn't 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 Petroleum Philippines's Cash-to-Debt or its related term are showing as below:

PHS:PNX3B.PFD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.1 Max: 0.2
Current: 0.05

During the past 13 years, Phoenix Petroleum Philippines's highest Cash to Debt Ratio was 0.20. The lowest was 0.03. And the median was 0.10.

PHS:PNX3B.PFD's Cash-to-Debt is ranked worse than
88.02% of 1027 companies
in the Oil & Gas industry
Industry Median: 0.49 vs PHS:PNX3B.PFD: 0.05

Phoenix Petroleum Philippines Cash-to-Debt Historical Data

The historical data trend for Phoenix Petroleum Philippines'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 Petroleum Philippines Cash-to-Debt Chart

Phoenix Petroleum Philippines Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

Get a 7-Day Free Trial

0.20

0.19

0.12

0.10

0.08

Phoenix Petroleum Philippines 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	Get a 7-Day Free Trial															0.10	0.08	0.08	0.08	0.05

Competitive Comparison of Phoenix Petroleum Philippines's Cash-to-Debt

For the Oil & Gas Refining & Marketing subindustry, Phoenix Petroleum Philippines'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 Petroleum Philippines's Cash-to-Debt Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Phoenix Petroleum Philippines's Cash-to-Debt distribution charts can be found below:

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

Phoenix Petroleum Philippines 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 Petroleum Philippines'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)
	=	4180.737	/	(29295.519	+	20883.832)
	=	0.08

Phoenix Petroleum Philippines'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)
	=	2404.353	/	(29618.105	+	20010.412)
	=	0.05

Phoenix Petroleum Philippines (PHS:PNX3B.PFD) 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 Petroleum Philippines Cash-to-Debt Related Terms

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

Phoenix Petroleum Philippines (PHS:PNX3B.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Phoenix Petroleum Philippines Inc (PHS:PNX3B.PFD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

PNX4.PFD:Philippines PNX:Philippines

Address

Stella Hizon Reyes Road, Phoenix Bulk Depot, Barrio Pampanga, Lanang, Davao, PHL, 8000

Website

https://www.phoenixfuels.ph

Phoenix Petroleum Philippines Inc is a Philippines-based company. Its segments include Trading, which is the key revenue driver, engaged in marketing, merchandising, purchasing, selling, dealing, acquiring, disposing, and distribution of goods and wares such as petroleum products (on a wholesale basis), adhesives, glues, bonding agents, epoxy resins, lubricants, and other products; Depot and logistics services engaged in operating oil depots, storage facilities and provides logistics services to various entities; and Real estate involved in real estate development, management, and operations. Geographically, the company operates in the Philippines, Singapore, and Vietnam. The majority of its revenue is generated from Singapore.

Phoenix Petroleum Philippines (PHS:PNX3B.PFD) Headlines

No Headlines