PHX Minerals Inc (PHX) - Net Assets
Based on the latest financial reports, PHX Minerals Inc (PHX) has net assets worth $125.55 Million USD as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($161.09 Million) and total liabilities ($35.54 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check PHX asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $125.55 Million |
| % of Total Assets | 77.94% |
| Annual Growth Rate | 9.97% |
| 5-Year Change | 93.59% |
| 10-Year Change | -3.98% |
| Growth Volatility | 15.97 |
PHX Minerals Inc - Net Assets Trend (1991–2024)
This chart illustrates how PHX Minerals Inc's net assets have evolved over time, based on quarterly financial data. Also explore PHX Minerals Inc balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for PHX Minerals Inc (1991–2024)
The table below shows the annual net assets of PHX Minerals Inc from 1991 to 2024. For live valuation and market cap data, see market value of PHX Minerals Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $121.95 Million | -1.04% |
| 2023-12-31 | $123.23 Million | +14.34% |
| 2022-12-31 | $107.78 Million | +36.93% |
| 2021-12-31 | $78.71 Million | +24.95% |
| 2020-12-31 | $62.99 Million | -20.57% |
| 2019-12-31 | $79.31 Million | -38.41% |
| 2018-12-31 | $128.77 Million | +10.33% |
| 2017-12-31 | $116.71 Million | +1.32% |
| 2016-12-31 | $115.19 Million | -9.30% |
| 2015-12-31 | $127.00 Million | +6.56% |
| 2014-12-31 | $119.19 Million | +24.60% |
| 2013-12-31 | $95.66 Million | +14.08% |
| 2012-12-31 | $83.85 Million | +6.41% |
| 2011-12-31 | $78.80 Million | +7.09% |
| 2010-12-31 | $73.58 Million | +14.75% |
| 2009-12-31 | $64.12 Million | -6.18% |
| 2008-12-31 | $68.35 Million | +27.32% |
| 2007-12-31 | $53.68 Million | +9.41% |
| 2006-12-31 | $49.07 Million | +27.00% |
| 2005-12-31 | $38.64 Million | +34.62% |
| 2004-12-31 | $28.70 Million | +27.40% |
| 2003-12-31 | $22.53 Million | +32.88% |
| 2002-12-31 | $16.95 Million | -0.25% |
| 2001-12-31 | $17.00 Million | +27.27% |
| 2000-12-31 | $13.35 Million | +21.40% |
| 1999-12-31 | $11.00 Million | +1.85% |
| 1998-12-31 | $10.80 Million | +8.00% |
| 1997-12-31 | $10.00 Million | +21.95% |
| 1996-12-31 | $8.20 Million | +24.24% |
| 1995-12-31 | $6.60 Million | +3.13% |
| 1994-12-31 | $6.40 Million | +12.28% |
| 1993-12-31 | $5.70 Million | +5.56% |
| 1992-12-31 | $5.40 Million | +1.89% |
| 1991-12-31 | $5.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to PHX Minerals Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1505.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $77.07 Million | 63.20% |
| Common Stock | $613.03K | 0.50% |
| Other Components | $44.26 Million | 36.30% |
| Total Equity | $121.95 Million | 100.00% |
PHX Minerals Inc Competitors by Market Cap
The table below lists competitors of PHX Minerals Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vieworks Co. Ltd
KQ:100120
|
$165.07 Million |
|
centrotherm international AG
F:CTNK
|
$165.07 Million |
|
Humacyte Inc
NASDAQ:HUMA
|
$165.07 Million |
|
SAB Biotherapeutics Inc
NASDAQ:SABS
|
$165.20 Million |
|
Rent the Runway Inc
NASDAQ:RENT
|
$164.95 Million |
|
Thai Rayon Public Company Limited
BK:TR
|
$164.95 Million |
|
Thor Medical ASA
OL:TRMED
|
$164.94 Million |
|
Ram Essential Services Property Fund
AU:REP
|
$164.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PHX Minerals Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 123,231,414 to 121,949,853, a change of -1,281,561 (-1.0%).
- Net income of 2,321,866 contributed positively to equity growth.
- Dividend payments of 5,229,547 reduced retained earnings.
- Share repurchases of 805,063 reduced equity.
- Other comprehensive income decreased equity by 1,487,589.
- Other factors increased equity by 3,918,772.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $2.32 Million | +1.9% |
| Dividends Paid | $5.23 Million | -4.29% |
| Share Repurchases | $805.06K | -0.66% |
| Other Comprehensive Income | $-1.49 Million | -1.22% |
| Other Changes | $3.92 Million | +3.21% |
| Total Change | $- | -1.04% |
Book Value vs Market Value Analysis
This analysis compares PHX Minerals Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.32x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 13.13x to 1.32x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1991-12-31 | $0.33 | $4.35 | x |
| 1992-12-31 | $0.32 | $4.35 | x |
| 1993-12-31 | $0.36 | $4.35 | x |
| 1994-12-31 | $0.36 | $4.35 | x |
| 1995-12-31 | $0.41 | $4.35 | x |
| 1996-12-31 | $0.50 | $4.35 | x |
| 1997-12-31 | $0.61 | $4.35 | x |
| 1998-12-31 | $0.66 | $4.35 | x |
| 1999-12-31 | $0.71 | $4.35 | x |
| 2000-12-31 | $0.81 | $4.35 | x |
| 2001-12-31 | $1.02 | $4.35 | x |
| 2002-12-31 | $0.99 | $4.35 | x |
| 2003-12-31 | $1.34 | $4.35 | x |
| 2004-12-31 | $1.70 | $4.35 | x |
| 2005-12-31 | $2.28 | $4.35 | x |
| 2006-12-31 | $2.89 | $4.35 | x |
| 2007-12-31 | $3.16 | $4.35 | x |
| 2008-12-31 | $4.01 | $4.35 | x |
| 2009-12-31 | $3.82 | $4.35 | x |
| 2010-12-31 | $4.37 | $4.35 | x |
| 2011-12-31 | $4.69 | $4.35 | x |
| 2012-12-31 | $5.01 | $4.35 | x |
| 2013-12-31 | $5.72 | $4.35 | x |
| 2014-12-31 | $7.13 | $4.35 | x |
| 2015-12-31 | $7.57 | $4.35 | x |
| 2016-12-31 | $6.84 | $4.35 | x |
| 2017-12-31 | $6.91 | $4.35 | x |
| 2018-12-31 | $7.60 | $4.35 | x |
| 2019-12-31 | $4.74 | $4.35 | x |
| 2020-12-31 | $3.70 | $4.35 | x |
| 2021-12-31 | $3.04 | $4.35 | x |
| 2022-12-31 | $3.12 | $4.35 | x |
| 2023-12-31 | $3.42 | $4.35 | x |
| 2024-12-31 | $3.30 | $4.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PHX Minerals Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.90%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.77%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 1.34x
- Recent ROE (1.90%) is below the historical average (9.59%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1991 | 5.66% | 12.00% | 0.38x | 1.25x | $-230.00K |
| 1992 | 11.11% | 23.08% | 0.39x | 1.22x | $60.00K |
| 1993 | 12.28% | 22.58% | 0.45x | 1.21x | $130.00K |
| 1994 | 17.19% | 28.21% | 0.52x | 1.17x | $460.00K |
| 1995 | 9.09% | 18.75% | 0.41x | 1.18x | $-60.00K |
| 1996 | 24.39% | 33.90% | 0.56x | 1.28x | $1.18 Million |
| 1997 | 23.00% | 32.86% | 0.58x | 1.21x | $1.30 Million |
| 1998 | 12.04% | 24.53% | 0.41x | 1.20x | $220.00K |
| 1999 | 6.36% | 13.73% | 0.38x | 1.21x | $-400.00K |
| 2000 | 21.42% | 30.89% | 0.57x | 1.21x | $1.53 Million |
| 2001 | 25.11% | 33.35% | 0.51x | 1.49x | $2.57 Million |
| 2002 | 2.02% | 2.52% | 0.30x | 2.64x | $-1.35 Million |
| 2003 | 26.46% | 26.55% | 0.45x | 2.19x | $3.71 Million |
| 2004 | 23.45% | 27.35% | 0.45x | 1.89x | $3.86 Million |
| 2005 | 27.14% | 31.48% | 0.54x | 1.59x | $6.62 Million |
| 2006 | 21.55% | 28.21% | 0.53x | 1.45x | $5.67 Million |
| 2007 | 11.82% | 16.21% | 0.50x | 1.46x | $975.33K |
| 2008 | 31.54% | 31.19% | 0.57x | 1.79x | $14.72 Million |
| 2009 | -3.75% | -6.02% | 0.37x | 1.69x | $-8.82 Million |
| 2010 | 15.52% | 25.27% | 0.43x | 1.43x | $4.06 Million |
| 2011 | 10.78% | 19.38% | 0.39x | 1.41x | $613.68K |
| 2012 | 8.79% | 15.37% | 0.35x | 1.61x | $-1.01 Million |
| 2013 | 14.59% | 22.46% | 0.42x | 1.55x | $4.39 Million |
| 2014 | 20.98% | 29.94% | 0.34x | 2.07x | $13.08 Million |
| 2015 | 7.34% | 13.25% | 0.29x | 1.88x | $-3.38 Million |
| 2016 | -8.93% | -26.34% | 0.20x | 1.72x | $-21.81 Million |
| 2017 | 3.03% | 7.62% | 0.22x | 1.77x | $-8.14 Million |
| 2018 | 11.37% | 32.50% | 0.22x | 1.61x | $1.76 Million |
| 2019 | -51.37% | -86.58% | 0.37x | 1.60x | $-48.68 Million |
| 2020 | -38.02% | -95.93% | 0.25x | 1.59x | $-30.25 Million |
| 2021 | -7.90% | -28.30% | 0.19x | 1.49x | $-14.09 Million |
| 2022 | 18.94% | 38.15% | 0.35x | 1.41x | $9.63 Million |
| 2023 | 11.30% | 38.97% | 0.21x | 1.35x | $1.60 Million |
| 2024 | 1.90% | 6.77% | 0.21x | 1.34x | $-9.87 Million |
Industry Comparison
This section compares PHX Minerals Inc's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $1,401,223,882
- Average return on equity (ROE) among peers: 0.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PHX Minerals Inc (PHX) | $125.55 Million | 5.66% | 0.28x | $164.96 Million |
| Amplify Energy Corp (AMPY) | $643.58 Million | -23.32% | 1.61x | $225.45 Million |
| AleAnna, Inc. Class A Common Stock (ANNA) | $-14.85 Million | 0.00% | 0.00x | $105.31 Million |
| APA Corporation (APA) | $816.20 Million | 5.24% | 1.30x | $9.63 Billion |
| Antero Resources Corp (AR) | $5.47 Billion | 12.31% | 1.11x | $10.72 Billion |
| Battalion Oil Corp (BATL) | $1.20 Billion | 3.84% | 0.74x | $41.80 Million |
| BKV Corporation (BKV) | $985.14 Million | -4.40% | 0.36x | $3.02 Billion |
| Barnwell Industries Inc (BRN) | $10.40 Million | 6.73% | 1.77x | $11.33 Million |
| Berry Petroleum Corp (BRY) | $153.15 Million | 14.32% | 0.52x | $253.00 Million |
| Black Stone Minerals LP (BSM) | $910.65 Million | -10.99% | 0.17x | $2.98 Billion |
| Chord Energy Corp (CHRD) | $3.84 Billion | -3.34% | 0.95x | $5.96 Billion |
About PHX Minerals Inc
PHX Minerals Inc. operates as a natural gas and oil mineral company in the United States. The company produces and sells natural gas, crude oil, and natural gas liquids. Its principal properties are located in Oklahoma, Texas, Louisiana, North Dakota, and Arkansas. The company sells its products to various purchasers, such as pipeline and marketing companies. The company was formerly known as Pan… Read more