| PHX Stock | | | USD 3.84 0.03 0.79% |
PHX Minerals financial indicator trend analysis is much more than just breaking down PHX Minerals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PHX Minerals is a good investment. Please check the relationship between PHX Minerals Long Term Debt and its Current Deferred Revenue accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in PHX Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
For more information on how to buy PHX Stock please use our
How to Invest in PHX Minerals guide.
Long Term Debt vs Current Deferred Revenue
Long Term Debt vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
PHX Minerals Long Term Debt account and
Current Deferred Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between PHX Minerals' Long Term Debt and Current Deferred Revenue is -0.3. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of PHX Minerals, assuming nothing else is changed. The correlation between historical values of PHX Minerals' Long Term Debt and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of PHX Minerals are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Long Term Debt i.e., PHX Minerals' Long Term Debt and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | -0.3 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Long Term Debt
Long-term debt is a debt that PHX Minerals has held for over one year. Long-term debt appears on PHX Minerals balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on PHX Minerals balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from PHX Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PHX Minerals 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 Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
For more information on how to buy PHX Stock please use our
How to Invest in PHX Minerals guide.At this time, PHX Minerals'
Tax Provision is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 0.32 in 2024, whereas
Selling General Administrative is likely to drop slightly above 7.3
M in 2024.
PHX Minerals fundamental ratios Correlations
Click cells to compare fundamentals
PHX Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
PHX Minerals fundamental ratios Accounts
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Additional Tools for PHX Stock Analysis
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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.