PHX Common Stock vs Other Stockholder Equity Analysis

PHX Stock  USD 3.81  0.09  2.42%   
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 Common Stock and its Other Stockholder Equity 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.

Common Stock vs Other Stockholder Equity

Common Stock vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PHX Minerals Common Stock account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between PHX Minerals' Common Stock and Other Stockholder Equity is -0.41. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Other Stockholder Equity 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' Common Stock and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of PHX Minerals are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Common Stock i.e., PHX Minerals' Common Stock and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.41
Relationship DirectionNegative 
Relationship StrengthVery Weak

Common Stock

Other Stockholder Equity

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.
 2021 2022 2023 2024 (projected)
Total Revenue22.0M53.5M35.7M33.6M
Depreciation And Amortization7.7M7.3M8.6M12.1M

PHX Minerals fundamental ratios Correlations

0.190.220.821.00.850.94-0.41.0-0.40.540.00.930.740.940.340.28-0.440.87-0.090.05-0.210.190.340.240.12
0.190.690.230.190.10.05-0.380.19-0.380.30.420.010.010.090.04-0.15-0.030.050.010.37-0.480.57-0.01-0.31-0.58
0.220.690.110.17-0.050.110.030.180.030.720.240.040.060.160.560.40.2-0.03-0.250.14-0.40.52-0.24-0.2-0.65
0.820.230.110.820.720.77-0.450.82-0.450.430.230.670.570.690.250.09-0.340.670.420.43-0.590.450.05-0.140.28
1.00.190.170.820.860.94-0.451.0-0.450.48-0.010.930.760.940.270.24-0.490.87-0.080.04-0.190.180.360.260.12
0.850.1-0.050.720.860.72-0.410.85-0.410.3-0.060.910.540.90.15-0.04-0.40.970.040.2-0.130.080.460.130.15
0.940.050.110.770.940.72-0.340.94-0.340.47-0.220.880.840.880.290.39-0.50.76-0.19-0.17-0.060.030.380.450.16
-0.4-0.380.03-0.45-0.45-0.41-0.34-0.451.0-0.04-0.07-0.4-0.58-0.40.47-0.110.36-0.28-0.220.00.05-0.04-0.24-0.15-0.1
1.00.190.180.821.00.850.94-0.45-0.450.48-0.010.930.760.940.270.25-0.490.87-0.080.04-0.190.170.360.260.12
-0.4-0.380.03-0.45-0.45-0.41-0.341.0-0.45-0.04-0.07-0.4-0.58-0.40.47-0.110.36-0.28-0.220.00.05-0.04-0.24-0.15-0.1
0.540.30.720.430.480.30.47-0.040.48-0.040.070.440.330.520.820.670.170.34-0.160.04-0.30.25-0.080.02-0.13
0.00.420.240.23-0.01-0.06-0.22-0.07-0.01-0.070.07-0.27-0.44-0.240.13-0.370.23-0.10.610.77-0.730.67-0.45-0.80.19
0.930.010.040.670.930.910.88-0.40.93-0.40.44-0.270.760.990.250.29-0.450.93-0.21-0.120.05-0.070.520.420.11
0.740.010.060.570.760.540.84-0.580.76-0.580.33-0.440.760.76-0.050.48-0.640.54-0.29-0.410.2-0.210.340.60.06
0.940.090.160.690.940.90.88-0.40.94-0.40.52-0.240.990.760.310.33-0.420.92-0.23-0.09-0.010.00.480.390.03
0.340.040.560.250.270.150.290.470.270.470.820.130.25-0.050.310.460.410.25-0.130.13-0.330.28-0.11-0.12-0.05
0.28-0.150.40.090.24-0.040.39-0.110.25-0.110.67-0.370.290.480.330.460.150.0-0.34-0.550.2-0.18-0.020.49-0.01
-0.44-0.030.2-0.34-0.49-0.4-0.50.36-0.490.360.170.23-0.45-0.64-0.420.410.15-0.390.210.13-0.160.15-0.05-0.34-0.01
0.870.05-0.030.670.870.970.76-0.280.87-0.280.34-0.10.930.540.920.250.0-0.39-0.060.12-0.080.040.470.20.14
-0.090.01-0.250.42-0.080.04-0.19-0.22-0.08-0.22-0.160.61-0.21-0.29-0.23-0.13-0.340.21-0.060.77-0.70.55-0.43-0.740.45
0.050.370.140.430.040.2-0.170.00.040.00.040.77-0.12-0.41-0.090.13-0.550.130.120.77-0.880.78-0.44-0.930.06
-0.21-0.48-0.4-0.59-0.19-0.13-0.060.05-0.190.05-0.3-0.730.050.2-0.01-0.330.2-0.16-0.08-0.7-0.88-0.930.510.820.03
0.190.570.520.450.180.080.03-0.040.17-0.040.250.67-0.07-0.210.00.28-0.180.150.040.550.78-0.93-0.47-0.75-0.3
0.34-0.01-0.240.050.360.460.38-0.240.36-0.24-0.08-0.450.520.340.48-0.11-0.02-0.050.47-0.43-0.440.51-0.470.60.01
0.24-0.31-0.2-0.140.260.130.45-0.150.26-0.150.02-0.80.420.60.39-0.120.49-0.340.2-0.74-0.930.82-0.750.60.01
0.12-0.58-0.650.280.120.150.16-0.10.12-0.1-0.130.190.110.060.03-0.05-0.01-0.010.140.450.060.03-0.30.010.01
Click cells to compare fundamentals

PHX Minerals Account Relationship Matchups

PHX Minerals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets126.6M100.0M117.0M152.5M166.5M99.2M
Other Current Liab2.4M(4.5M)11.0M7.7M886.1K1.6M
Total Current Liabilities3.1M4.5M15.1M11.3M2.0M1.9M
Total Stockholder Equity79.3M63.0M78.7M107.8M123.2M129.4M
Property Plant And Equipment Net111.7M81.6M104.2M133.8M155.7M88.9M
Net Debt29.3M19.1M16.0M26.1M32.6M34.3M
Retained Earnings81.8M56.2M49.0M67.1M80.0M56.3M
Cash6.2M10.7M2.4M3.4M806.3K765.9K
Non Current Assets Total112.2M82.2M104.8M134.6M156.3M89.9M
Cash And Short Term Investments6.2M10.7M2.4M3.4M806.3K765.9K
Net Receivables5.9M6.7M8.8M13.2M4.9M6.7M
Common Stock Shares Outstanding16.7M17.0M25.9M34.6M36.0M19.9M
Liabilities And Stockholders Equity126.6M100.0M117.0M152.5M166.5M99.2M
Non Current Liabilities Total44.2M32.6M23.2M33.5M41.3M33.1M
Other Stockholder Equity(5.4M)4.5M27.4M38.6M41.1M78.1M
Total Liab47.3M37.0M38.3M44.7M43.3M38.1M
Total Current Assets14.5M17.8M12.2M17.9M10.2M9.3M
Accumulated Other Comprehensive Income2.6M1.9M1.8M1.5M1.5M1.6M
Accounts Payable665.2K997.6K772.7K647.2K562.6K534.5K
Non Currrent Assets Other237.5K590.3K578.3K(828.8K)649.6K682.1K
Short Long Term Debt Total35.4M29.8M18.4M29.5M33.4M27.1M
Other Current Assets177.0K351.1K942.1K1.4M4.5M4.7M
Common Stock281.5K377.3K546.0K596.0K601.8K631.9K

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Additional Tools for PHX Stock Analysis

When running PHX Minerals' price analysis, check to 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.