PHX Return On Tangible Assets from 2010 to 2024

PHX Stock  USD 3.74  0.04  1.08%   
PHX Minerals Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets will likely drop to 0.08 in 2024. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.0961
Current Value
0.0761
Quarterly Volatility
0.12673886
 
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' Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of PHX Minerals over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. PHX Minerals' Return On Tangible Assets 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.
Return On Tangible Assets10 Years Trend
Very volatile
   Return On Tangible Assets   
       Timeline  

PHX Return On Tangible Assets Regression Statistics

Arithmetic Mean0.01
Geometric Mean0.08
Coefficient Of Variation1,163
Mean Deviation0.09
Median0.05
Standard Deviation0.13
Sample Variance0.02
Range0.4411
R-Value(0.05)
Mean Square Error0.02
R-Squared0
Significance0.85
Slope(0)
Total Sum of Squares0.22

PHX Return On Tangible Assets History

2024 0.0761
2023 0.0961
2022 0.0836
2021 0.13
2020 -0.053
2019 -0.24
2018 -0.31

About PHX Minerals Financial Statements

PHX Minerals investors use historical fundamental indicators, such as PHX Minerals' Return On Tangible Assets, 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
Return On Tangible Assets 0.10  0.08 

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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.