PHX Financial Statements From 2010 to 2024

PHXHF Stock  USD 6.31  0.09  1.45%   
PHX Energy financial statements provide useful quarterly and yearly information to potential PHX Energy Services investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on PHX Energy financial statements helps investors assess PHX Energy's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting PHX Energy's valuation are summarized below:
PHX Energy Services does not currently have any trending fundamental ratios for analysis.
Check PHX Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PHX Energy's main balance sheet or income statement drivers, such as , as well as many indicators such as . PHX financial statements analysis is a perfect complement when working with PHX Energy Valuation or Volatility modules.
  
This module can also supplement various PHX Energy Technical models . Check out the analysis of PHX Energy Correlation against competitors.

PHX Energy Services OTC Stock Return On Equity Analysis

PHX Energy's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current PHX Energy Return On Equity

    
  0.22  
Most of PHX Energy's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, PHX Energy Services is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Competition

Based on the latest financial disclosure, PHX Energy Services has a Return On Equity of 0.2193. This is 111.08% lower than that of the Energy Equipment & Services sector and 104.29% lower than that of the Energy industry. The return on equity for all United States stocks is 170.74% lower than that of the firm.

PHX Energy Services Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining PHX Energy's current stock value. Our valuation model uses many indicators to compare PHX Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across PHX Energy competition to find correlations between indicators driving PHX Energy's intrinsic value. More Info.
PHX Energy Services is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about  0.19  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for PHX Energy Services is roughly  5.40 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the PHX Energy's earnings, one of the primary drivers of an investment's value.

About PHX Energy Financial Statements

PHX Energy stakeholders use historical fundamental indicators, such as PHX Energy's revenue or net income, to determine how well the company is positioned to perform in the future. Although PHX Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in PHX Energy's assets and liabilities are reflected in the revenues and expenses on PHX Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in PHX Energy Services. Please read more on our technical analysis and fundamental analysis pages.
PHX Energy Services Corp. provides horizontal and directional drilling technology and services to oil and natural gas exploration and development, and production companies in Canada, the United States, Russia, Albania, and the Middle East. PHX Energy Services Corp. was founded in 1995 and is headquartered in Calgary, Canada. Phoenix Technology operates under Oil Gas Drilling classification in the United States and is traded on OTC Exchange. It employs 707 people.

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Other Information on Investing in PHX OTC Stock

PHX Energy financial ratios help investors to determine whether PHX OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in PHX with respect to the benefits of owning PHX Energy security.