Phoenix Group Holdings plc

LSE PHNX.L

Phoenix Group Holdings plc Interest Coverage Ratio for the year ending December 31, 2023: 1.08

Phoenix Group Holdings plc Interest Coverage Ratio is 1.08 for the year ending December 31, 2023. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

LSE: PHNX.L

Phoenix Group Holdings plc

CEO	Mr. Andrew David Briggs FIA, M.B.E.
IPO Date	Nov. 17, 2009
Location	United Kingdom
Headquarters	20 Old Bailey
Employees	7,757
Sector	Finance
Industries Pension Funds Investment Banking & Asset Management

Description

Phoenix Group Holdings plc operates in the long-term savings and retirement business in Europe. The company operates through four segments: UK Heritage, UK Open, Europe, and Management Services. It provides a range of pensions and savings products to support people across various stages of the savings life cycle. The company manages Heritage in-force life and pensions policies; and offers and manages long term savings and pensions products. Its products include with-profits and unit-linked funds, and annuities; and workplace pensions, and individual savings and retirement solutions. The company serves individuals, corporates, and employers. It has a strategic partnership with abrdn plc, TCS, and HSBC. Phoenix Group Holdings plc was founded in 1782 and is based in London, the United Kingdom.

Key trends

Past 5 years