Phoenix International Reports Stable Performance and Improved Debt Management in February 2025 Results

Feb 12 2025 12:22 PM IST
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Phoenix International has released its financial results for the quarter ending February 2025, showing stable performance in FY24-25. The company achieved a notable debt-equity ratio of 0.20, the lowest in recent periods, and improved its debtor turnover ratio to 2.52, indicating enhanced efficiency in managing receivables.
Phoenix International, a microcap player in the footwear industry, has recently reported its financial results for the quarter ending in February 2025. The results indicate a stable performance for the third quarter of FY24-25, with notable adjustments in its evaluation over the past three months, reflecting a shift in its score.

The financial data reveals that Phoenix International has achieved a significant milestone in its debt management, showcasing a debt-equity ratio of 0.20 times, which is the lowest recorded in the last five half-year periods. This trend indicates a consistent reduction in borrowing relative to equity capital, highlighting the company's focus on strengthening its financial position.

Additionally, the company has demonstrated efficiency in managing its receivables, as evidenced by a debtor turnover ratio of 2.52 times, marking the highest level in the same five half-year timeframe. This improvement suggests that Phoenix International has been effective in settling its debts more swiftly, contributing positively to its operational dynamics.

For more insights on Phoenix International's financial trends and evaluation changes, you can Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
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