Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Phoenix GroupADX:PHX -3.44%32 Debt-to-Equity is 0.06 as of Jun. 2026, which is 50% above its 10-year median of 0.04. GuruFocus rates ADX:PHX with a GF Score™ of 32/100. The stock has 3 warning signs investors should review. Among 2,228 Hardware companies, Phoenix Group ranks better than 80.48% on this metric.
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 Group's Debt-to-Equity or its related term are showing as below:
ADX:PHX'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.04 Max: 0.07
Current: 0.06
During the past 5 years, the highest Debt-to-Equity Ratio of Phoenix Group was 0.07. The lowest was 0.01. And the median was 0.04.
ADX:PHX's Debt-to-Equity is ranked better than 80.48% of 2228
companies
in the Hardware industry
Industry Median: 0.28
vs ADX:PHX: 0.06
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 Group Debt-to-Equity Related Terms
Phoenix Group Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Phoenix Group'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.
ADX:PHX vs SNX, ARW, AVT: Debt-to-Equity Comparison
For the Electronics & Computer Distribution subindustry, Phoenix Group'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 Group Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Phoenix Group's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Phoenix Group's Debt-to-Equity 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.
Phoenix Group (ADX:PHX) has a Debt-to-Equity of 0.06 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Phoenix Group and its competitors. This is 50% above median its historical median of 0.04. Over the past decade, Phoenix Group's Debt-to-Equity has ranged from 0.01 to 0.07. According to the industry distribution chart, Phoenix Group ranks #435 out of 2228 companies in the Hardware industry, placing it in the top 19.5%.
Is Phoenix Group's Debt-to-Equity too high?
Phoenix Group's current Debt-to-Equity of 0.06 is 50% above median its 10-year median of 0.04. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.07. The Hardware industry median Debt-to-Equity is 0.28. Phoenix Group's value of 0.06 is 78.6% below this industry median. Based on the distribution chart, Phoenix Group ranks #435 out of 2228 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Phoenix Group has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Phoenix Group's Debt-to-Equity compare to SNX and ARW?
According to the Hardware industry distribution chart, Phoenix Group ranks #435 out of 2228 companies for Debt-to-Equity. This places Phoenix Group in the top 20% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.28. Phoenix Group's value of 0.06 is 78.6% below this benchmark. Historically, Phoenix Group's own Debt-to-Equity has ranged from 0.01 to 0.07 over the past decade. While the company's 10-year median is 0.04 vs. the industry median of 0.28, Phoenix Group 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 Debt-to-Equity for a Hardware company?
The median Debt-to-Equity among Hardware companies is 0.28, based on 2,228 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Phoenix Group's current Debt-to-Equity of 0.06 is 78.6% 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Phoenix Group and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Phoenix Group's current Debt-to-Equity is 0.06, which is 50% above median its own 10-year median of 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phoenix Group stock overvalued right now?
Phoenix Group (ADX:PHX) has a current Debt-to-Equity of 0.06. The current Debt-to-Equity is 0.06, which is 50% above median its 10-year median of 0.04 and 78.6% below the Hardware industry median of 0.28. Phoenix Group's overall GF Score™ is 32/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Phoenix Group (ADX:PHX), the current Debt-to-Equity is 0.06 as of Jun. 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.
Phoenix Group PLC is a technology conglomerate bringing blockchain solutions to an expansive market. The Group develops, operates, and manages specialized data centres, hosting class performance computing power for digital assets across the UAE, Oman, the U.S., and Canada. Additionally, it also hosts, operates, and maintains equipment within its existing data centres and enables investment opportunities within cloud mining. The Group is the exclusive distributor of equipment manufacturer MicroBT and a prominent distributor of Digital wallet Ledgers and CoolWallets across the Middle East. The Group has four business verticals: Mining, Hosting, Trading, and Investment. The company operates in United Arab Emirates, Ethiopia, Oman, United States of America, and Canada.
32GF Score
Get the complete analysis for ADX:PHX
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ADX:PHX has been successfully added to your 
