PHX Stock | | | CAD 9.79 0.09 0.93% |
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 Net Income Per Share and its Ev To Sales 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.
Net Income Per Share vs Ev To Sales
Net Income Per Share vs Ev To Sales Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
PHX Energy Services Net Income Per Share account and
Ev To Sales. At this time, the significance of the direction appears to have very week relationship.
The correlation between PHX Energy's Net Income Per Share and Ev To Sales is 0.29. Overlapping area represents the amount of variation of Net Income Per Share that can explain the historical movement of Ev To Sales 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 Net Income Per Share and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income Per Share of PHX Energy Services are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Net Income Per Share i.e., PHX Energy's Net Income Per Share and Ev To Sales go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Income Per Share
Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
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 30th 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).
PHX Energy fundamental ratios Correlations
Click cells to compare fundamentals
PHX Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
PHX Energy fundamental ratios Accounts
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.