PHX Minerals Balance Sheet Health
Financial Health criteria checks 5/6
PHX Minerals has a total shareholder equity of $122.6M and total debt of $30.8M, which brings its debt-to-equity ratio to 25.1%. Its total assets and total liabilities are $164.0M and $41.4M respectively. PHX Minerals's EBIT is $8.5M making its interest coverage ratio 3.4. It has cash and short-term investments of $1.6M.
Key information
25.1%
Debt to equity ratio
US$30.75m
Debt
Interest coverage ratio | 3.4x |
Cash | US$1.63m |
Equity | US$122.63m |
Total liabilities | US$41.36m |
Total assets | US$163.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5AH's short term assets ($8.8M) exceed its short term liabilities ($2.0M).
Long Term Liabilities: 5AH's short term assets ($8.8M) do not cover its long term liabilities ($39.4M).
Debt to Equity History and Analysis
Debt Level: 5AH's net debt to equity ratio (23.8%) is considered satisfactory.
Reducing Debt: 5AH's debt to equity ratio has reduced from 32.7% to 25.1% over the past 5 years.
Debt Coverage: 5AH's debt is well covered by operating cash flow (66.6%).
Interest Coverage: 5AH's interest payments on its debt are well covered by EBIT (3.4x coverage).