PHX Energy Services Corporation (PHX) — Net Asset Quality Index
PHX Energy Services Corporation (PHX) has a Net Asset Quality Index of 51.3% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$435.01 Million minus total liabilities of CA$211.84 Million yields net assets of CA$223.17 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check PHX asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
PHX Energy Services Corporation Net Asset Quality Index Over Time (2002–2024)
This chart shows how PHX Energy Services Corporation's Net Asset Quality Index has evolved across 23 annual periods from 2002 to 2024. As of September 2025, the index stands at 51.3%, representing net assets of CA$223.17 Million against total assets of CA$435.01 Million CAD. See PHX working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for PHX Energy Services Corporation (2002–2024)
The table below presents the year-by-year Net Asset Quality Index for PHX Energy Services Corporation from 2002 to 2024, covering 23 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) |
|---|---|---|---|---|---|
| 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 | — |