PHX Cash Ratio from 2010 to 2024

PHX Stock  USD 3.84  0.03  0.79%   
PHX Minerals Cash Ratio yearly trend continues to be fairly stable with very little volatility. Cash Ratio is likely to outpace its year average in 2024. During the period from 2010 to 2024, PHX Minerals Cash Ratio regression line of annual values had r-squared of  0.02 and arithmetic mean of  0.74. View All Fundamentals
 
Cash Ratio  
First Reported
2010-12-31
Previous Quarter
0.46
Current Value
0.77
Quarterly Volatility
1.03880821
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check PHX Minerals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PHX Minerals' main balance sheet or income statement drivers, such as Depreciation And Amortization of 12.1 M, Total Revenue of 33.6 M or Gross Profit of 20 M, as well as many indicators such as Price To Sales Ratio of 3.14, Dividend Yield of 0.0242 or PTB Ratio of 0.8. PHX financial statements analysis is a perfect complement when working with PHX Minerals Valuation or Volatility modules.
  
Check out the analysis of PHX Minerals Correlation against competitors.
For more information on how to buy PHX Stock please use our How to Invest in PHX Minerals guide.

Latest PHX Minerals' Cash Ratio Growth Pattern

Below is the plot of the Cash Ratio of PHX Minerals over the last few years. It is PHX Minerals' Cash Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in PHX Minerals' overall financial position and show how it may be relating to other accounts over time.
Cash Ratio10 Years Trend
Pretty Stable
   Cash Ratio   
       Timeline  

PHX Cash Ratio Regression Statistics

Arithmetic Mean0.74
Geometric Mean0.34
Coefficient Of Variation140.96
Mean Deviation0.76
Median0.28
Standard Deviation1.04
Sample Variance1.08
Range3.4461
R-Value(0.15)
Mean Square Error1.14
R-Squared0.02
Significance0.59
Slope(0.03)
Total Sum of Squares15.11

PHX Cash Ratio History

2024 0.77
2023 0.46
2022 0.4
2021 0.3
2019 2.4
2018 1.99
2017 0.0928

About PHX Minerals Financial Statements

PHX Minerals investors use historical fundamental indicators, such as PHX Minerals' Cash Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in PHX Minerals. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash Ratio 0.46  0.77 

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Additional Tools for PHX Stock Analysis

When running PHX Minerals' price analysis, check to measure PHX Minerals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PHX Minerals is operating at the current time. Most of PHX Minerals' value examination focuses on studying past and present price action to predict the probability of PHX Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PHX Minerals' price. Additionally, you may evaluate how the addition of PHX Minerals to your portfolios can decrease your overall portfolio volatility.