PHX Minerals Balance Sheet Health
Financial Health criteria checks 5/6
PHX Minerals has a total shareholder equity of $123.6M and total debt of $27.8M, which brings its debt-to-equity ratio to 22.4%. Its total assets and total liabilities are $162.8M and $39.2M respectively. PHX Minerals's EBIT is $9.5M making its interest coverage ratio 3.5. It has cash and short-term investments of $2.6M.
Key information
22.4%
Debt to equity ratio
US$27.75m
Debt
| Interest coverage ratio | 3.5x |
| Cash | US$2.60m |
| Equity | US$123.61m |
| Total liabilities | US$39.21m |
| Total assets | US$162.82m |
Recent financial health updates
These 4 Measures Indicate That PHX Minerals (NYSE:PHX) Is Using Debt Extensively
Apr 25
These 4 Measures Indicate That PHX Minerals (NYSE:PHX) Is Using Debt Reasonably Well
Mar 12PHX Minerals (NYSE:PHX) Has A Somewhat Strained Balance Sheet
Oct 26Recent updates
We Think That There Are More Issues For PHX Minerals (NYSE:PHX) Than Just Sluggish Earnings
Aug 15PHX Minerals (NYSE:PHX) Has Announced A Dividend Of $0.03
May 22These 4 Measures Indicate That PHX Minerals (NYSE:PHX) Is Using Debt Extensively
Apr 25Time To Worry? Analysts Are Downgrading Their PHX Minerals Inc. (NYSE:PHX) Outlook
Mar 15PHX Minerals: A Good Natural Gas Royalties Play
Aug 31PHX Minerals (NYSE:PHX) Has Announced A Dividend Of $0.0225
Aug 12PHX Minerals: Play On Royalties, Not Production
Jun 08Analysts Just Shipped A Meaningful Upgrade To Their PHX Minerals Inc. (NYSE:PHX) Estimates
May 14These 4 Measures Indicate That PHX Minerals (NYSE:PHX) Is Using Debt Reasonably Well
Mar 12Analyst Forecasts Just Became More Bearish On PHX Minerals Inc. (NYSE:PHX)
Feb 01PHX Minerals: Laying The Foundation For A Long-Term Run
Jan 04PHX Minerals GAAP EPS of $0.26 beats by $0.06, revenue of $17.55M misses by $1.15M
Dec 13PHX Minerals (NYSE:PHX) Has A Somewhat Strained Balance Sheet
Oct 26PHX Minerals: Market Appears Concerned But Company Is Solid
Oct 12PHX Minerals declares $0.02 dividend
Aug 08PHX Minerals: An Underfollowed And Exciting Way To Play Natural Gas
Jul 07PHX Minerals (NYSE:PHX) Will Pay A Larger Dividend Than Last Year At US$0.02
May 13Financial Position Analysis
Short Term Liabilities: PHX's short term assets ($8.2M) exceed its short term liabilities ($2.6M).
Long Term Liabilities: PHX's short term assets ($8.2M) do not cover its long term liabilities ($36.6M).
Debt to Equity History and Analysis
Debt Level: PHX's net debt to equity ratio (20.3%) is considered satisfactory.
Reducing Debt: PHX's debt to equity ratio has reduced from 44.7% to 22.4% over the past 5 years.
Debt Coverage: PHX's debt is well covered by operating cash flow (66.9%).
Interest Coverage: PHX's interest payments on its debt are well covered by EBIT (3.5x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/30 06:22 |
| End of Day Share Price | 2025/01/30 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 * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
PHX Minerals Inc. is covered by 8 analysts. 1 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 |
|---|---|
| Jeffrey Grampp | Alliance Global Partners |
| Charles Meade | Johnson Rice & Company, L.L.C. |
| Donovan Schafer | Northland Capital Markets |