PHX Energy Services Corporation (PHX) - Cash Flow Conversion Efficiency
Based on the latest financial reports, PHX Energy Services Corporation (PHX) has a cash flow conversion efficiency ratio of -0.002x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CA$-532.00K ≈ $-384.84K USD) by net assets (CA$223.72 Million ≈ $161.84 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See PHX equity to assets ratio to measure how much of total assets are equity-financed.
PHX Energy Services Corporation - Cash Flow Conversion Efficiency Trend (2002–2025)
This chart illustrates how PHX Energy Services Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check PHX Energy Services Corporation cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
PHX Energy Services Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of PHX Energy Services Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Dalian Zhiyun Automation Co Ltd
SHE:300097
|
0.054x |
|
Lands’ End Inc
NASDAQ:LE
|
-0.148x |
|
Wei Long Grape Wine Co Ltd
SHG:603779
|
-0.049x |
|
ZKH Group Limited
NYSE:ZKH
|
0.079x |
|
Dongbu Steel Co Ltd
KO:016380
|
0.053x |
|
NewtekOne, Inc.
NASDAQ:NEWT
|
-0.225x |
|
Heliostar Metals Ltd
V:HSTR
|
0.127x |
|
BTS Group AB (publ)
ST:BTS-B
|
-0.001x |
Annual Cash Flow Conversion Efficiency for PHX Energy Services Corporation (2002–2025)
The table below shows the annual cash flow conversion efficiency of PHX Energy Services Corporation from 2002 to 2025. For the full company profile with market capitalisation and key ratios, see market cap of PHX Energy Services Corporation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CA$229.04 Million ≈ $165.69 Million |
CA$73.16 Million ≈ $52.92 Million |
0.319x | -26.76% |
| 2024-12-31 | CA$222.21 Million ≈ $160.74 Million |
CA$96.90 Million ≈ $70.09 Million |
0.436x | -5.34% |
| 2023-12-31 | CA$209.97 Million ≈ $151.89 Million |
CA$96.72 Million ≈ $69.97 Million |
0.461x | +119.72% |
| 2022-12-31 | CA$176.88 Million ≈ $127.95 Million |
CA$37.08 Million ≈ $26.83 Million |
0.210x | -37.96% |
| 2021-12-31 | CA$134.43 Million ≈ $97.25 Million |
CA$45.43 Million ≈ $32.86 Million |
0.338x | -34.30% |
| 2020-12-31 | CA$132.03 Million ≈ $95.51 Million |
CA$67.91 Million ≈ $49.13 Million |
0.514x | +52.69% |
| 2019-12-31 | CA$148.94 Million ≈ $107.74 Million |
CA$50.17 Million ≈ $36.29 Million |
0.337x | +325.59% |
| 2018-12-31 | CA$168.41 Million ≈ $121.83 Million |
CA$13.33 Million ≈ $9.64 Million |
0.079x | +6288.96% |
| 2017-12-31 | CA$181.54 Million ≈ $131.32 Million |
CA$224.90K ≈ $162.69K |
0.001x | -95.66% |
| 2016-12-31 | CA$178.39 Million ≈ $129.04 Million |
CA$5.09 Million ≈ $3.68 Million |
0.029x | -90.64% |
| 2015-12-31 | CA$200.94 Million ≈ $145.36 Million |
CA$61.30 Million ≈ $44.35 Million |
0.305x | +47.53% |
| 2014-12-31 | CA$199.96 Million ≈ $144.65 Million |
CA$41.35 Million ≈ $29.91 Million |
0.207x | +16.01% |
| 2013-12-31 | CA$198.48 Million ≈ $143.58 Million |
CA$35.38 Million ≈ $25.59 Million |
0.178x | -37.96% |
| 2012-12-31 | CA$115.09 Million ≈ $83.26 Million |
CA$33.07 Million ≈ $23.92 Million |
0.287x | +40.88% |
| 2011-12-31 | CA$113.87 Million ≈ $82.37 Million |
CA$23.22 Million ≈ $16.80 Million |
0.204x | +63.81% |
| 2010-12-31 | CA$102.44 Million ≈ $74.11 Million |
CA$12.75 Million ≈ $9.23 Million |
0.125x | -12.05% |
| 2009-12-31 | CA$91.45 Million ≈ $66.16 Million |
CA$12.95 Million ≈ $9.37 Million |
0.142x | -61.22% |
| 2008-12-31 | CA$90.20 Million ≈ $65.25 Million |
CA$32.92 Million ≈ $23.82 Million |
0.365x | -16.30% |
| 2007-12-31 | CA$59.86 Million ≈ $43.30 Million |
CA$26.10 Million ≈ $18.88 Million |
0.436x | -0.97% |
| 2006-12-31 | CA$58.91 Million ≈ $42.61 Million |
CA$25.94 Million ≈ $18.77 Million |
0.440x | +107.84% |
| 2005-12-31 | CA$53.59 Million ≈ $38.76 Million |
CA$11.35 Million ≈ $8.21 Million |
0.212x | +10.64% |
| 2004-12-31 | CA$39.43 Million ≈ $28.52 Million |
CA$7.55 Million ≈ $5.46 Million |
0.192x | +5.41% |
| 2003-12-31 | CA$28.06 Million ≈ $20.30 Million |
CA$5.10 Million ≈ $3.69 Million |
0.182x | +266.40% |
| 2002-12-31 | CA$27.49 Million ≈ $19.89 Million |
CA$1.36 Million ≈ $986.16K |
0.050x | -- |
About PHX Energy Services Corporation
PHX Energy Services Corp. provides horizontal and directional drilling services, rents performance drilling motors, and sells motor equipment and parts to oil and natural gas exploration and development companies in Canada, the United States, the Middle East regions, and internationally. It offers Atlas motors; Velocity Real-Time Systems that provide downhole guidance systems; Echo system; PowerD… Read more