PHX Capex To Depreciation vs Dividend Yield Analysis

PHX Stock  CAD 9.92  0.16  1.64%   
PHX Energy financial indicator trend analysis is much more than just breaking down PHX Energy Services prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PHX Energy Services is a good investment. Please check the relationship between PHX Energy Capex To Depreciation and its Dividend Yield accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PHX Energy Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Capex To Depreciation vs Dividend Yield

Capex To Depreciation vs Dividend Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PHX Energy Services Capex To Depreciation account and Dividend Yield. At this time, the significance of the direction appears to have weak relationship.
The correlation between PHX Energy's Capex To Depreciation and Dividend Yield is 0.31. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of PHX Energy Services, assuming nothing else is changed. The correlation between historical values of PHX Energy's Capex To Depreciation and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of PHX Energy Services are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Capex To Depreciation i.e., PHX Energy's Capex To Depreciation and Dividend Yield go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Dividend Yield

Dividend Yield is PHX Energy Services dividend as a percentage of PHX Energy stock price. PHX Energy Services dividend yield is a measure of PHX Energy stock productivity, which can be interpreted as interest rate earned on an PHX Energy investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
Most indicators from PHX Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PHX Energy Services current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PHX Energy Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, PHX Energy's Selling General Administrative is very stable compared to the past year. As of the 24th of November 2024, Tax Provision is likely to grow to about 5.3 M, though Discontinued Operations is likely to grow to (12.4 M).
 2021 2022 2023 2024 (projected)
Total Operating Expenses49.5M72.6M74.2M38.3M
Cost Of Revenue278.3M426.1M506.2M531.5M

PHX Energy fundamental ratios Correlations

0.630.430.660.870.90.240.570.00.660.030.89-0.540.030.880.550.380.740.630.13-0.130.890.50.720.030.5
0.63-0.040.260.340.80.370.970.440.2-0.220.7-0.45-0.220.48-0.13-0.220.950.150.60.040.750.10.310.23-0.12
0.43-0.040.860.310.210.26-0.09-0.090.870.210.160.210.210.530.320.250.140.91-0.13-0.140.440.880.85-0.350.25
0.660.260.860.430.410.40.18-0.190.990.250.34-0.120.250.790.450.40.390.910.01-0.140.720.870.98-0.350.41
0.870.340.310.430.8-0.090.34-0.140.46-0.090.88-0.61-0.090.680.710.520.430.51-0.08-0.20.560.330.540.160.68
0.90.80.210.410.80.20.760.290.41-0.130.97-0.6-0.130.640.280.070.860.420.310.00.790.330.50.30.25
0.240.370.260.4-0.090.20.230.220.420.470.090.150.470.24-0.16-0.230.510.360.1-0.020.490.450.4-0.43-0.2
0.570.97-0.090.180.340.760.230.530.11-0.440.7-0.42-0.440.44-0.21-0.290.890.050.570.050.66-0.010.230.26-0.19
0.00.44-0.09-0.19-0.140.290.220.53-0.18-0.530.230.25-0.53-0.09-0.77-0.880.45-0.240.20.240.13-0.11-0.180.15-0.81
0.660.20.870.990.460.410.420.11-0.180.30.35-0.10.30.780.460.390.360.92-0.11-0.10.70.90.98-0.350.42
0.03-0.220.210.25-0.09-0.130.47-0.44-0.530.3-0.240.031.00.00.370.37-0.070.37-0.06-0.050.130.450.25-0.210.32
0.890.70.160.340.880.970.090.70.230.35-0.24-0.63-0.240.620.370.150.750.370.2-0.10.690.240.440.250.35
-0.54-0.450.21-0.12-0.61-0.60.15-0.420.25-0.10.03-0.630.03-0.34-0.5-0.47-0.36-0.05-0.38-0.21-0.360.07-0.17-0.29-0.56
0.03-0.220.210.25-0.09-0.130.47-0.44-0.530.31.0-0.240.030.00.370.37-0.070.37-0.06-0.050.130.450.25-0.210.32
0.880.480.530.790.680.640.240.44-0.090.780.00.62-0.340.00.510.430.580.63-0.01-0.080.880.520.8-0.210.45
0.55-0.130.320.450.710.28-0.16-0.21-0.770.460.370.37-0.50.370.510.95-0.070.53-0.2-0.290.280.350.5-0.060.98
0.38-0.220.250.40.520.07-0.23-0.29-0.880.390.370.15-0.470.370.430.95-0.210.43-0.15-0.210.160.250.43-0.110.95
0.740.950.140.390.430.860.510.890.450.36-0.070.75-0.36-0.070.58-0.07-0.210.310.460.050.860.290.440.13-0.09
0.630.150.910.910.510.420.360.05-0.240.920.370.37-0.050.370.630.530.430.31-0.08-0.240.590.930.94-0.180.49
0.130.6-0.130.01-0.080.310.10.570.2-0.11-0.060.2-0.38-0.06-0.01-0.2-0.150.46-0.080.030.29-0.08-0.010.16-0.19
-0.130.04-0.14-0.14-0.20.0-0.020.050.24-0.1-0.05-0.1-0.21-0.05-0.08-0.29-0.210.05-0.240.03-0.04-0.15-0.160.18-0.29
0.890.750.440.720.560.790.490.660.130.70.130.69-0.360.130.880.280.160.860.590.29-0.040.560.73-0.10.22
0.50.10.880.870.330.330.45-0.01-0.110.90.450.240.070.450.520.350.250.290.93-0.08-0.150.560.86-0.220.28
0.720.310.850.980.540.50.40.23-0.180.980.250.44-0.170.250.80.50.430.440.94-0.01-0.160.730.86-0.260.47
0.030.23-0.35-0.350.160.3-0.430.260.15-0.35-0.210.25-0.29-0.21-0.21-0.06-0.110.13-0.180.160.18-0.1-0.22-0.26-0.03
0.5-0.120.250.410.680.25-0.2-0.19-0.810.420.320.35-0.560.320.450.980.95-0.090.49-0.19-0.290.220.280.47-0.03
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PHX Energy Account Relationship Matchups

PHX Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets277.3M216.5M262.5M375.2M385.5M229.8M
Short Long Term Debt Total67.8M39.1M35.9M62.4M44.8M39.9M
Other Current Liab172.8K943.1K2.5M8.3M9.5M9.9M
Total Current Liabilities69.2M43.2M86.1M115.9M113.1M118.8M
Total Stockholder Equity148.9M132.0M134.4M176.9M210.0M135.5M
Property Plant And Equipment Net111.2M97.9M102.1M145.3M155.3M104.7M
Net Debt57.2M13.4M11.0M44.2M28.3M30.1M
Retained Earnings(127.9M)(136.9M)(121.7M)(112.1M)(45.7M)(48.0M)
Accounts Payable54.9M37.6M80.4M104.7M100.4M105.5M
Cash10.6M25.7M24.8M18.2M16.4M9.7M
Non Current Assets Total139.6M114.4M121.3M165.0M178.5M127.8M
Non Currrent Assets Other(212.0)(91.0)25.0993.5K1.3M1.3M
Cash And Short Term Investments10.6M25.7M24.8M18.2M16.4M9.7M
Net Receivables93.6M43.4M76.8M125.8M125.0M66.3M
Common Stock Total Equity266.8M265.8M251.8M247.5M284.7M176.4M
Common Stock Shares Outstanding56.2M52.6M51.7M50.7M52.7M38.9M
Liabilities And Stockholders Equity277.3M216.5M262.5M375.2M385.5M229.8M
Non Current Liabilities Total59.1M41.3M42.0M82.5M62.4M42.1M
Inventory30.8M26.7M36.7M63.1M63.2M66.3M
Other Current Assets2.6M6.3M2.8M3.0M2.4M3.1M
Other Stockholder Equity10.9M10.1M9.5M7.0M7.2M6.8M
Total Liab128.3M84.5M128.1M198.3M175.5M94.2M
Property Plant And Equipment Gross111.2M97.9M372.7M417.4M441.6M463.7M
Total Current Assets137.6M102.2M141.2M210.2M207.0M217.4M
Short Term Debt14.2M3.4M3.2M2.9M3.2M3.1M
Common Stock251.8M247.5M235.5M251.3M222.7M192.1M
Accumulated Other Comprehensive Income14.2M11.3M11.2M30.6M25.8M27.1M
Intangible Assets18.9M16.2M16.1M15.7M14.2M17.2M
Other Liab5.4M5.6M9.3M23.0M26.4M27.7M
Net Tangible Assets122.1M115.8M118.3M161.2M145.1M114.7M
Other Assets1.5M289.5K126.1K1.0M942.3K895.2K
Long Term Debt11.8M13.9M0.022.7M7.6M7.2M
Property Plant Equipment111.2M97.9M102.1M145.3M130.8M103.5M
Long Term Debt Total53.7M35.7M32.6M59.5M68.4M40.7M
Capital Surpluse10.9M10.1M9.5M7.0M8.1M9.6M
Cash And Equivalents10.6M25.7M24.8M18.2M21.0M14.8M

Other Information on Investing in PHX Stock

Balance Sheet is a snapshot of the financial position of PHX Energy Services at a specified time, usually calculated after every quarter, six months, or one year. PHX Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of PHX Energy and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which PHX currently owns. An asset can also be divided into two categories, current and non-current.