Simply Wall St Financial Health Rating: ★★★★☆☆

Overview: Phoenix Group Plc, along with its subsidiaries, offers crypto and cloud mining services across the United Arab Emirates, Oman, CIS, Canada, the United States, and other international markets with a market cap of AED4.82 billion.

Operations: The company generates revenue of $205.69 million from its data processing segment.

Market Cap: AED4.82B

Phoenix Group Plc, with a market cap of AED4.82 billion, faces challenges as its revenue declined to US$205.69 million from the previous year. Despite this, the company’s short-term assets significantly exceed both short and long-term liabilities, indicating strong liquidity. The firm’s interest payments are well covered by EBIT at 20 times coverage, although negative operating cash flow raises concerns about debt coverage through cash flow alone. The management team is experienced with an average tenure of 2.3 years and has maintained shareholder value without significant dilution over the past year amidst high share price volatility.

• Navigate through the intricacies of Phoenix Group with our comprehensive balance sheet health report here.

• Learn about Phoenix Group’s historical performance here.

Simply Wall St Financial Health Rating: ★★★★★☆

Overview: Egeplast Ege Plastik Ticaret ve Sanayi Anonim Sirketi manufactures and sells plastic pipes, fittings, and by-products both in Turkey and internationally, with a market cap of TRY892.41 million.

Operations: The company generates revenue primarily from its Plastics & Rubber segment, amounting to TRY1.55 billion.

Market Cap: TRY892.41M

Egeplast Ege Plastik Ticaret ve Sanayi Anonim Sirketi, with a market cap of TRY892.41 million, faces financial challenges as it reported a net loss of TRY348.39 million for 2024, reversing from the previous year’s profit. Although its debt management has improved significantly over five years and its net debt to equity ratio is satisfactory at 1.8%, the company remains unprofitable with declining earnings and sales dropping to TRY1.55 billion from TRY2.15 billion last year. Despite having sufficient cash runway for over three years, short-term liabilities exceed assets by TRY189 million, raising liquidity concerns amidst an inexperienced board and negative return on equity at -13.11%.

• Take a closer look at Egeplast Ege Plastik Ticaret ve Sanayi Anonim Sirketi’s potential here in our financial health report.

• Review our historical performance report to gain insights into Egeplast Ege Plastik Ticaret ve Sanayi Anonim Sirketi’s track record.

• Navigate through the entire inventory of 98 Middle Eastern Penny Stocks here.

• Ready For A Different Approach? Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include ADX:KICO ADX:PHX and IBSE:EPLAS.

This article was originally published by Simply Wall St.

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