PHX Energy Services Corporation (PHX) — Net Asset Quality Index

Latest as of March 2026: 47.3%

PHX Energy Services Corporation (PHX) has a Net Asset Quality Index of 47.3% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$472.82 Million minus total liabilities of CA$249.10 Million yields net assets of CA$223.72 Million. A higher index indicates a stronger, lower-leverage balance sheet. See PHX Energy Services Corporation defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Quality Index

47.3%
Equity / Total Assets

Net Assets

CA$223.72 Million
CAD

Total Assets

CA$472.82 Million
CAD

Total Liabilities

CA$249.10 Million
CAD

PHX Energy Services Corporation Net Asset Quality Index Over Time (2002–2025)

This chart shows how PHX Energy Services Corporation's Net Asset Quality Index has evolved across 24 annual periods from 2002 to 2025. As of March 2026, the index stands at 47.3%, representing net assets of CA$223.72 Million against total assets of CA$472.82 Million CAD. Explore PHX Energy Services Corporation (PHX) cash flow conversion to assess how effectively this company generates cash.

Annual Net Asset Quality Index for PHX Energy Services Corporation (2002–2025)

The table below presents the year-by-year Net Asset Quality Index for PHX Energy Services Corporation from 2002 to 2025, covering 24 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see PHX Energy Services Corporation (PHX) total market value.

Year Quality Index Net Assets (CAD) Total Assets Total Liabilities Change (pp)
2025 51.7% CA$229.04 Million CA$443.16 Million CA$214.12 Million ▼ -0.8 pp
2024 52.5% CA$222.21 Million CA$423.29 Million CA$201.08 Million ▼ -2.0 pp
2023 54.5% CA$209.97 Million CA$385.49 Million CA$175.53 Million ▲ +7.3 pp
2022 47.1% CA$176.88 Million CA$375.22 Million CA$198.35 Million ▼ -4.1 pp
2021 51.2% CA$134.43 Million CA$262.49 Million CA$128.06 Million ▼ -9.8 pp
2020 61.0% CA$132.03 Million CA$216.54 Million CA$84.51 Million ▲ +7.3 pp
2019 53.7% CA$148.94 Million CA$277.25 Million CA$128.31 Million ▼ -10.0 pp
2018 63.7% CA$168.41 Million CA$264.18 Million CA$95.77 Million ▼ -10.0 pp
2017 73.7% CA$181.54 Million CA$246.24 Million CA$64.70 Million ▲ +1.9 pp
2016 71.8% CA$178.39 Million CA$248.49 Million CA$70.11 Million ▲ +3.3 pp
2015 68.5% CA$200.94 Million CA$293.43 Million CA$92.49 Million ▲ +17.8 pp
2014 50.6% CA$199.96 Million CA$394.92 Million CA$194.96 Million ▼ -6.0 pp
2013 56.6% CA$198.48 Million CA$350.38 Million CA$151.90 Million ▲ +13.1 pp
2012 43.5% CA$115.09 Million CA$264.52 Million CA$149.43 Million ▼ -8.2 pp
2011 51.7% CA$113.87 Million CA$220.20 Million CA$106.33 Million ▼ -6.0 pp
2010 57.8% CA$102.44 Million CA$177.38 Million CA$74.94 Million ▼ -21.9 pp
2009 79.7% CA$91.45 Million CA$114.78 Million CA$23.33 Million ▲ +12.3 pp
2008 67.3% CA$90.20 Million CA$133.93 Million CA$43.74 Million ▼ -2.8 pp
2007 70.1% CA$59.86 Million CA$85.35 Million CA$25.49 Million ▼ -4.9 pp
2006 75.1% CA$58.91 Million CA$78.47 Million CA$19.56 Million ▼ -3.0 pp
2005 78.1% CA$53.59 Million CA$68.63 Million CA$15.04 Million ▲ +3.1 pp
2004 75.0% CA$39.43 Million CA$52.55 Million CA$13.13 Million ▲ +9.0 pp
2003 66.0% CA$28.06 Million CA$42.49 Million CA$14.43 Million ▲ +0.7 pp
2002 65.3% CA$27.49 Million CA$42.10 Million CA$14.61 Million
pp = percentage points