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Phoenix Asia HoldingsPHOE +4.67%21 Debt-to-Equity is 0.01 as of Mar. 2026, which is 50% below its 10-year median of 0.02. GuruFocus rates PHOE with a GF Score™ of 21/100. The stock has 3 warning signs investors should review. Among 1,620 Construction companies, Phoenix Asia Holdings ranks better than 99.94% 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 Asia Holdings's Debt-to-Equity or its related term are showing as below:
PHOE'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.11
Current: 0.01
During the past 4 years, the highest Debt-to-Equity Ratio of Phoenix Asia Holdings was 0.11. The lowest was 0.01. And the median was 0.02.
PHOE's Debt-to-Equity is ranked better than 99.94% of 1620
companies
in the Construction industry
Industry Median: 0.4
vs PHOE: 0.01
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 Asia Holdings Debt-to-Equity Related Terms
Phoenix Asia Holdings Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Phoenix Asia Holdings'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.
PHOE vs BBCP, ORN, MTRX: Debt-to-Equity Comparison
For the Engineering & Construction subindustry, Phoenix Asia Holdings'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 Asia Holdings Debt-to-Equity vs Construction Industry
For the Construction industry and Industrials sector, Phoenix Asia Holdings's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Phoenix Asia Holdings'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 Asia Holdings (PHOE) has a Debt-to-Equity of 0.01 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Phoenix Asia Holdings and its competitors. This is 50% below median its historical median of 0.02. Over the past decade, Phoenix Asia Holdings' Debt-to-Equity has ranged from 0.01 to 0.11. According to the industry distribution chart, Phoenix Asia Holdings ranks #1 out of 1620 companies in the Construction industry, placing it in the top 0.099999999999994%.
Is Phoenix Asia Holdings' Debt-to-Equity too high?
Phoenix Asia Holdings' current Debt-to-Equity of 0.01 is 50% below median its 10-year median of 0.02. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.11. The Construction industry median Debt-to-Equity is 0.40. Phoenix Asia Holdings' value of 0.01 is 97.5% below this industry median. Based on the distribution chart, Phoenix Asia Holdings ranks #1 out of 1620 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Phoenix Asia Holdings has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Phoenix Asia Holdings' Debt-to-Equity compare to BBCP and ORN?
According to the Construction industry distribution chart, Phoenix Asia Holdings ranks #1 out of 1620 companies for Debt-to-Equity. This places Phoenix Asia Holdings in the top 0% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.40. Phoenix Asia Holdings' value of 0.01 is 97.5% below this benchmark. Historically, Phoenix Asia Holdings' own Debt-to-Equity has ranged from 0.01 to 0.11 over the past decade. While the company's 10-year median is 0.02 vs. the industry median of 0.40, Phoenix Asia Holdings 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 Construction company?
The median Debt-to-Equity among Construction companies is 0.40, based on 1,620 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 Asia Holdings's current Debt-to-Equity of 0.01 is 97.5% 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 Asia Holdings and its competitors. For the Construction industry, the median Debt-to-Equity is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Phoenix Asia Holdings's current Debt-to-Equity is 0.01, which is 50% below median its own 10-year median of 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phoenix Asia Holdings stock overvalued right now?
Phoenix Asia Holdings (PHOE) has a current Debt-to-Equity of 0.01. The current Debt-to-Equity is 0.01, which is 50% below median its 10-year median of 0.02 and 97.5% below the Construction industry median of 0.40. Phoenix Asia Holdings' overall GF Score™ is 21/100 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 Asia Holdings (PHOE), the current Debt-to-Equity is 0.01 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.
Phoenix Asia Holdings Ltd operates its business through its indirectly wholly-owned Operating Subsidiary, It is engaged in substructure works, such as site formation, ground investigation and foundation works, in Hong Kong. To a lesser extent, the company also provides other construction services such as structural steelworks.
21GF Score
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