PHX Energy Services Balance Sheet Health
Financial Health criteria checks 6/6
PHX Energy Services has a total shareholder equity of CA$210.2M and total debt of CA$19.2M, which brings its debt-to-equity ratio to 9.1%. Its total assets and total liabilities are CA$395.4M and CA$185.2M respectively. PHX Energy Services's EBIT is CA$55.8M making its interest coverage ratio 13.5. It has cash and short-term investments of CA$14.2M.
Key information
9.1%
Debt to equity ratio
CA$19.17m
Debt
Interest coverage ratio | 13.5x |
Cash | CA$14.20m |
Equity | CA$210.21m |
Total liabilities | CA$185.20m |
Total assets | CA$395.41m |
Recent financial health updates
Does PHX Energy Services (TSE:PHX) Have A Healthy Balance Sheet?
Jan 20Does PHX Energy Services (TSE:PHX) Have A Healthy Balance Sheet?
Oct 20Recent updates
PHX Energy Services Corp. (TSE:PHX) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year
Nov 08Here's Why Shareholders Will Not Be Complaining About PHX Energy Services Corp.'s (TSE:PHX) CEO Pay Packet
May 04Does PHX Energy Services (TSE:PHX) Have A Healthy Balance Sheet?
Jan 20PHX Energy Services' (TSE:PHX) Upcoming Dividend Will Be Larger Than Last Year's
Dec 25PHX Energy Services' (TSE:PHX) Dividend Will Be Increased To CA$0.20
Nov 11Does PHX Energy Services (TSE:PHX) Deserve A Spot On Your Watchlist?
Aug 15PHX Energy Services (TSE:PHX) Is Paying Out A Larger Dividend Than Last Year
Mar 18PHX Energy Services (TSE:PHX) Is Increasing Its Dividend To CA$0.15
Dec 16PHX Energy Services (TSE:PHX) Is Increasing Its Dividend To CA$0.15
Nov 17With EPS Growth And More, PHX Energy Services (TSE:PHX) Makes An Interesting Case
Nov 01Does PHX Energy Services (TSE:PHX) Have A Healthy Balance Sheet?
Oct 20PHX Energy Services (TSE:PHX) Has Announced That It Will Be Increasing Its Dividend To CA$0.10
Sep 15After Leaping 55% PHX Energy Services Corp. (TSE:PHX) Shares Are Not Flying Under The Radar
Aug 12Financial Position Analysis
Short Term Liabilities: PHX's short term assets (CA$188.6M) exceed its short term liabilities (CA$112.9M).
Long Term Liabilities: PHX's short term assets (CA$188.6M) exceed its long term liabilities (CA$72.3M).
Debt to Equity History and Analysis
Debt Level: PHX's net debt to equity ratio (2.4%) is considered satisfactory.
Reducing Debt: PHX's debt to equity ratio has reduced from 14.4% to 9.1% over the past 5 years.
Debt Coverage: PHX's debt is well covered by operating cash flow (605%).
Interest Coverage: PHX's interest payments on its debt are well covered by EBIT (13.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2025/01/08 08:34 |
End of Day Share Price | 2025/01/08 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
PHX Energy Services Corp. is covered by 17 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
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Tim Monachello | ATB Capital Markets |
John Gibson | BMO Capital Markets Equity Research |
John Tasdemir | Canaccord Genuity |