PHX Common Stock Shares Outstanding vs Net Debt Analysis

PHX Stock

CAD 9.62 0.10 1.05%

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 Common Stock Shares Outstanding and its Net Debt 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.

Common Stock Shares Outstanding vs Net Debt

Common Stock Shares Outstanding vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PHX Energy Services Common Stock Shares Outstanding account and Net Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between PHX Energy's Common Stock Shares Outstanding and Net Debt is -0.29. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Net Debt 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 Common Stock Shares Outstanding and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of PHX Energy Services are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Common Stock Shares Outstanding i.e., PHX Energy's Common Stock Shares Outstanding and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.29

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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 28th 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 Expenses	49.5M	72.6M	74.1M	38.3M
Cost Of Revenue	278.3M	426.1M	506.2M	531.5M

Total Operating Expenses Cost Of Revenue

PHX Energy fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock
Total Assets		0.63	0.56	0.66	0.87	0.9	0.24	0.57	0.0	0.64	0.03	0.89	-0.54	0.03	0.88	0.55	0.38	0.74	0.63	0.2	-0.13	0.89	0.5	0.72	0.03	0.5
Short Long Term Debt Total	0.63		0.25	0.26	0.34	0.8	0.37	0.97	0.44	0.19	-0.22	0.7	-0.45	-0.22	0.48	-0.13	-0.22	0.95	0.15	0.66	0.04	0.75	0.1	0.31	0.23	-0.12
Other Current Liab	0.56	0.25		0.83	0.32	0.35	0.46	0.15	-0.14	0.79	0.32	0.27	0.12	0.32	0.64	0.31	0.25	0.42	0.86	0.02	-0.22	0.66	0.76	0.85	-0.38	0.29
Total Current Liabilities	0.66	0.26	0.83		0.43	0.41	0.4	0.18	-0.19	0.98	0.25	0.34	-0.12	0.25	0.79	0.45	0.4	0.39	0.91	0.08	-0.14	0.72	0.87	0.98	-0.35	0.41
Total Stockholder Equity	0.87	0.34	0.32	0.43		0.8	-0.09	0.34	-0.14	0.44	-0.09	0.88	-0.61	-0.09	0.68	0.71	0.52	0.43	0.51	-0.03	-0.2	0.56	0.33	0.54	0.16	0.68
Property Plant And Equipment Net	0.9	0.8	0.35	0.41	0.8		0.2	0.76	0.29	0.4	-0.13	0.97	-0.6	-0.13	0.65	0.28	0.07	0.86	0.42	0.38	0.0	0.79	0.33	0.5	0.3	0.25
Current Deferred Revenue	0.24	0.37	0.46	0.4	-0.09	0.2		0.23	0.22	0.45	0.47	0.09	0.15	0.47	0.24	-0.16	-0.23	0.51	0.36	0.02	-0.02	0.49	0.45	0.4	-0.43	-0.2
Net Debt	0.57	0.97	0.15	0.18	0.34	0.76	0.23		0.53	0.1	-0.44	0.7	-0.42	-0.44	0.44	-0.21	-0.29	0.89	0.05	0.68	0.05	0.66	-0.01	0.23	0.26	-0.19
Retained Earnings	0.0	0.44	-0.14	-0.19	-0.14	0.29	0.22	0.53		-0.15	-0.53	0.23	0.25	-0.53	-0.1	-0.77	-0.88	0.45	-0.24	0.34	0.24	0.13	-0.11	-0.18	0.15	-0.81
Accounts Payable	0.64	0.19	0.79	0.98	0.44	0.4	0.45	0.1	-0.15		0.32	0.34	-0.08	0.32	0.74	0.44	0.36	0.36	0.92	-0.05	-0.08	0.68	0.92	0.96	-0.33	0.39
Cash	0.03	-0.22	0.32	0.25	-0.09	-0.13	0.47	-0.44	-0.53	0.32		-0.24	0.03	1.0	0.01	0.37	0.37	-0.07	0.37	-0.27	-0.05	0.13	0.45	0.25	-0.21	0.32
Non Current Assets Total	0.89	0.7	0.27	0.34	0.88	0.97	0.09	0.7	0.23	0.34	-0.24		-0.63	-0.24	0.62	0.37	0.15	0.75	0.37	0.28	-0.1	0.69	0.24	0.44	0.25	0.35
Non Currrent Assets Other	-0.54	-0.45	0.12	-0.12	-0.61	-0.6	0.15	-0.42	0.25	-0.08	0.03	-0.63		0.03	-0.34	-0.5	-0.47	-0.36	-0.05	-0.35	-0.21	-0.36	0.07	-0.17	-0.29	-0.56
Cash And Short Term Investments	0.03	-0.22	0.32	0.25	-0.09	-0.13	0.47	-0.44	-0.53	0.32	1.0	-0.24	0.03		0.01	0.37	0.37	-0.07	0.37	-0.27	-0.05	0.13	0.45	0.25	-0.21	0.32
Net Receivables	0.88	0.48	0.64	0.79	0.68	0.65	0.24	0.44	-0.1	0.74	0.01	0.62	-0.34	0.01		0.51	0.43	0.59	0.63	0.1	-0.08	0.88	0.52	0.8	-0.21	0.45
Common Stock Total Equity	0.55	-0.13	0.31	0.45	0.71	0.28	-0.16	-0.21	-0.77	0.44	0.37	0.37	-0.5	0.37	0.51		0.95	-0.07	0.53	-0.27	-0.29	0.28	0.35	0.5	-0.06	0.98
Common Stock Shares Outstanding	0.38	-0.22	0.25	0.4	0.52	0.07	-0.23	-0.29	-0.88	0.36	0.37	0.15	-0.47	0.37	0.43	0.95		-0.21	0.43	-0.23	-0.21	0.16	0.25	0.43	-0.11	0.95
Non Current Liabilities Total	0.74	0.95	0.42	0.39	0.43	0.86	0.51	0.89	0.45	0.36	-0.07	0.75	-0.36	-0.07	0.59	-0.07	-0.21		0.31	0.52	0.05	0.86	0.29	0.44	0.13	-0.09
Inventory	0.63	0.15	0.86	0.91	0.51	0.42	0.36	0.05	-0.24	0.92	0.37	0.37	-0.05	0.37	0.63	0.53	0.43	0.31		-0.06	-0.24	0.59	0.93	0.94	-0.18	0.49
Other Current Assets	0.2	0.66	0.02	0.08	-0.03	0.38	0.02	0.68	0.34	-0.05	-0.27	0.28	-0.35	-0.27	0.1	-0.27	-0.23	0.52	-0.06		0.04	0.37	-0.02	0.04	0.22	-0.26
Other Stockholder Equity	-0.13	0.04	-0.22	-0.14	-0.2	0.0	-0.02	0.05	0.24	-0.08	-0.05	-0.1	-0.21	-0.05	-0.08	-0.29	-0.21	0.05	-0.24	0.04		-0.04	-0.15	-0.16	0.18	-0.29
Total Liab	0.89	0.75	0.66	0.72	0.56	0.79	0.49	0.66	0.13	0.68	0.13	0.69	-0.36	0.13	0.88	0.28	0.16	0.86	0.59	0.37	-0.04		0.56	0.73	-0.1	0.22
Property Plant And Equipment Gross	0.5	0.1	0.76	0.87	0.33	0.33	0.45	-0.01	-0.11	0.92	0.45	0.24	0.07	0.45	0.52	0.35	0.25	0.29	0.93	-0.02	-0.15	0.56		0.86	-0.22	0.28
Total Current Assets	0.72	0.31	0.85	0.98	0.54	0.5	0.4	0.23	-0.18	0.96	0.25	0.44	-0.17	0.25	0.8	0.5	0.43	0.44	0.94	0.04	-0.16	0.73	0.86		-0.26	0.47
Short Term Debt	0.03	0.23	-0.38	-0.35	0.16	0.3	-0.43	0.26	0.15	-0.33	-0.21	0.25	-0.29	-0.21	-0.21	-0.06	-0.11	0.13	-0.18	0.22	0.18	-0.1	-0.22	-0.26		-0.03
Common Stock	0.5	-0.12	0.29	0.41	0.68	0.25	-0.2	-0.19	-0.81	0.39	0.32	0.35	-0.56	0.32	0.45	0.98	0.95	-0.09	0.49	-0.26	-0.29	0.22	0.28	0.47	-0.03

Click cells to compare fundamentals

PHX Energy Account Relationship Matchups

PHX Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	277.3M	216.5M	262.5M	375.2M	385.5M	229.8M
Short Long Term Debt Total	67.8M	39.1M	35.9M	62.4M	44.8M	39.9M
Other Current Liab	3.7M	6.0M	2.5M	18.8M	11.6M	12.2M
Total Current Liabilities	69.2M	43.2M	86.1M	115.9M	113.1M	118.8M
Total Stockholder Equity	148.9M	132.0M	134.4M	176.9M	210.0M	135.5M
Property Plant And Equipment Net	111.2M	97.9M	102.1M	145.3M	155.3M	104.7M
Net Debt	57.2M	13.4M	11.0M	44.2M	28.3M	30.1M
Retained Earnings	(127.9M)	(136.9M)	(121.7M)	(112.1M)	(45.7M)	(48.0M)
Accounts Payable	51.2M	33.8M	80.4M	93.6M	98.3M	103.2M
Cash	10.6M	25.7M	24.8M	18.2M	16.4M	9.7M
Non Current Assets Total	139.6M	114.4M	121.3M	165.0M	178.5M	127.8M
Non Currrent Assets Other	(212.0)	(91.0)	25.0	993.5K	1.3M	1.3M
Cash And Short Term Investments	10.6M	25.7M	24.8M	18.2M	16.4M	9.7M
Net Receivables	93.6M	44.9M	76.8M	125.8M	125.0M	66.3M
Common Stock Total Equity	266.8M	265.8M	251.8M	247.5M	284.7M	176.4M
Common Stock Shares Outstanding	56.2M	52.6M	51.7M	50.7M	52.7M	38.9M
Liabilities And Stockholders Equity	277.3M	216.5M	262.5M	375.2M	385.5M	229.8M
Non Current Liabilities Total	59.1M	41.3M	42.0M	82.5M	62.4M	42.1M
Inventory	30.8M	26.7M	36.7M	63.1M	63.2M	66.3M
Other Current Assets	2.6M	2.3M	2.8M	3.0M	2.4M	3.0M
Other Stockholder Equity	10.9M	10.1M	9.5M	7.0M	7.2M	6.8M
Total Liab	128.3M	84.5M	128.1M	198.3M	175.5M	94.2M
Property Plant And Equipment Gross	111.2M	97.9M	372.7M	417.4M	441.6M	463.7M
Total Current Assets	137.6M	102.2M	141.2M	210.2M	207.0M	217.4M
Short Term Debt	14.2M	3.4M	3.2M	2.9M	3.2M	3.1M
Common Stock	251.8M	247.5M	235.5M	251.3M	222.7M	192.1M
Accumulated Other Comprehensive Income	14.2M	11.3M	11.2M	30.6M	25.8M	27.1M
Intangible Assets	18.9M	16.2M	16.1M	15.7M	14.2M	17.2M
Other Liab	5.4M	5.6M	9.3M	23.0M	26.4M	27.7M
Net Tangible Assets	122.1M	115.8M	118.3M	161.2M	145.1M	114.7M
Other Assets	1.5M	289.5K	126.1K	1.0M	942.3K	895.2K
Long Term Debt	11.8M	13.9M	0.0	22.7M	7.6M	7.2M
Property Plant Equipment	111.2M	97.9M	102.1M	145.3M	130.8M	103.5M
Long Term Debt Total	53.7M	35.7M	32.6M	59.5M	68.4M	40.7M
Capital Surpluse	10.9M	10.1M	9.5M	7.0M	8.1M	9.6M
Cash And Equivalents	10.6M	25.7M	24.8M	18.2M	21.0M	14.8M

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

PHX Common Stock Shares Outstanding vs Net Debt Analysis

Common Stock Shares Outstanding vs Net Debt

Common Stock Shares Outstanding vs Net Debt Correlation Analysis

Correlation Coefficient

Common Stock Shares Outstanding

Net Debt

PHX Energy fundamental ratios Correlations

PHX Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

PHX Energy fundamental ratios Accounts

Other Information on Investing in PHX Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Accounts Payable	+ 0.98	Total Current Liabilities
Total Current Assets	+ 0.98	Total Current Liabilities
Common Stock	+ 0.98	Common Stock Total Equity
Net Debt	+ 0.97	Short Long Term Debt Total
Non Current Assets Total	+ 0.97	Property Plant And Equipment Net

Common Stock Shares Outstanding	- 0.88	Retained Earnings
Common Stock	- 0.81	Retained Earnings
Common Stock Total Equity	- 0.77	Retained Earnings
Non Currrent Assets Other	- 0.63	Non Current Assets Total
Non Currrent Assets Other	- 0.61	Total Stockholder Equity
Non Currrent Assets Other	- 0.6	Property Plant And Equipment Net