PhenixFINPFX -0.22%31 Equity-to-Asset is 0.50 as of Mar. 2026, which is 2% below its 10-year median of 0.51. GuruFocus rates PFX with a GF Score™ of 31/100 and a GF Value™ of $17.34 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,633 Asset Management companies, PhenixFIN ranks worse than 82% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. PhenixFIN's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $153.81 Mil. PhenixFIN's Total Assets for the quarter that ended in Mar. 2026 was $305.58 Mil.
Therefore, PhenixFIN's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.50.
The historical rank and industry rank for PhenixFIN's Equity-to-Asset or its related term are showing as below:
PFX'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.4 Med: 0.51 Max: 0.66
Current: 0.5
During the past 13 years, the highest Equity to Asset Ratio of PhenixFIN was 0.66. The lowest was 0.40. And the median was 0.51.
PFX's Equity-to-Asset is ranked worse than 82% of 1633
companies
in the Asset Management industry
Industry Median: 0.82
vs PFX: 0.50
PhenixFIN (NAS:PFX) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
PhenixFIN Equity-to-Asset Related Terms
PhenixFIN Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for PhenixFIN's Equity-to-Asset 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.
PFX vs VGI, DFDV, HNNA: Equity-to-Asset Comparison
For the Asset Management subindustry, PhenixFIN's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, PhenixFIN's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where PhenixFIN's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
PhenixFIN's Equity to Asset Ratio for the fiscal year that ended in Sep. 2025 is calculated as
* 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 Equity-to-Asset of 0.50 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on PhenixFIN and its competitors. This is near median its historical median of 0.51. Over the past decade, PhenixFIN's Equity-to-Asset has ranged from 0.40 to 0.66. According to the industry distribution chart, PhenixFIN ranks #1339 out of 1633 companies in the Asset Management industry, placing it in the top 82%.
Is PhenixFIN's Equity-to-Asset too high?
PhenixFIN's current Equity-to-Asset of 0.50 is near median its 10-year median of 0.51. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 0.66. The Asset Management industry median Equity-to-Asset is 0.82. PhenixFIN's value of 0.50 is 39% below this industry median. Based on the distribution chart, PhenixFIN ranks #1339 out of 1633 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 Equity-to-Asset compare to VGI and DFDV?
According to the Asset Management industry distribution chart, PhenixFIN ranks #1339 out of 1633 companies for Equity-to-Asset. This places PhenixFIN in the lower half of its industry. The industry median Equity-to-Asset is 0.82. PhenixFIN's value of 0.50 is 39% below this benchmark. Historically, PhenixFIN's own Equity-to-Asset has ranged from 0.40 to 0.66 over the past decade. While the company's 10-year median is 0.51 vs. the industry median of 0.82, 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 Equity-to-Asset for an Asset Management company?
The median Equity-to-Asset among Asset Management companies is 0.82, based on 1,633 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PhenixFIN's current Equity-to-Asset of 0.50 is 39% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on PhenixFIN and its competitors. For the Asset Management industry, the median Equity-to-Asset is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PhenixFIN's current Equity-to-Asset is 0.50, which is near median its own 10-year median of 0.51. 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 $17.34, compared to a current price of $43.18 — trading 149% above its estimated fair value. The current Equity-to-Asset is 0.50, which is near median its 10-year median of 0.51 and 39% below the Asset Management industry median of 0.82. 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 Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For PhenixFIN (PFX), the current Equity-to-Asset is 0.50 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 $43.18 is trading 149% above its estimated GF Value™ of $17.34.
GuruFocus considers PhenixFIN to be Significantly Overvalued.
Key valuation signals for PFX:
Equity-to-Asset: 0.50 (near median its 10-year median of 0.51)
GF Value™: $17.34 vs. price of $43.18 (149% above fair value)
Industry Position: 39% below the Asset Management median (#1339 of 1633)
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
Get the complete analysis for PFX
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
PFX has been successfully added to your 
