PHX Energy Services Corporation (PHX) — Tangible Net Worth Ratio
PHX Energy Services Corporation (PHX) has a Tangible Net Worth Ratio of 92.5% as of March 2026. This metric is calculated by deducting intangible assets (CA$16.87 Million) from net assets (CA$223.72 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See PHX Energy Services Corporation net assets for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
PHX Energy Services Corporation Tangible Net Worth Ratio (2002–2025)
This chart shows how PHX Energy Services Corporation's Tangible Net Worth Ratio has changed across 24 annual periods from 2002 to 2025. As of March 2026, the ratio stands at 92.5%, reflecting net assets of CA$223.72 Million with intangible assets of CA$16.87 Million CAD. Also explore PHX Energy Services Corporation (PHX) net asset momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for PHX Energy Services Corporation (2002–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for PHX Energy Services Corporation from 2002 to 2025, covering 24 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see market value of PHX Energy Services Corporation.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 92.9% | CA$229.04 Million | CA$16.30 Million | CA$443.16 Million | ▼ -0.5 pp |
| 2024 | 93.4% | CA$222.21 Million | CA$14.61 Million | CA$423.29 Million | ▲ +0.2 pp |
| 2023 | 93.2% | CA$209.97 Million | CA$14.20 Million | CA$385.49 Million | ▲ +2.1 pp |
| 2022 | 91.1% | CA$176.88 Million | CA$15.67 Million | CA$375.22 Million | ▲ +3.1 pp |
| 2021 | 88.0% | CA$134.43 Million | CA$16.14 Million | CA$262.49 Million | ▲ +0.3 pp |
| 2020 | 87.7% | CA$132.03 Million | CA$16.20 Million | CA$216.54 Million | ▲ +0.4 pp |
| 2019 | 87.3% | CA$148.94 Million | CA$18.90 Million | CA$277.25 Million | ▲ +0.6 pp |
| 2018 | 86.8% | CA$168.41 Million | CA$22.30 Million | CA$264.18 Million | ▲ +1.6 pp |
| 2017 | 85.2% | CA$181.54 Million | CA$26.93 Million | CA$246.24 Million | ▼ -0.1 pp |
| 2016 | 85.3% | CA$178.39 Million | CA$26.30 Million | CA$248.49 Million | ▼ -2.3 pp |
| 2015 | 87.5% | CA$200.94 Million | CA$25.02 Million | CA$293.43 Million | ▲ +0.3 pp |
| 2014 | 87.2% | CA$199.96 Million | CA$25.58 Million | CA$394.92 Million | ▼ -4.2 pp |
| 2013 | 91.4% | CA$198.48 Million | CA$17.11 Million | CA$350.38 Million | ▼ -8.6 pp |
| 2012 | 100.0% | CA$115.09 Million | CA$0.00 | CA$264.52 Million | ▲ +0.1 pp |
| 2011 | 99.9% | CA$113.87 Million | CA$120.21K | CA$220.20 Million | ▲ +0.2 pp |
| 2010 | 99.7% | CA$102.44 Million | CA$280.49K | CA$177.38 Million | ▼ -0.3 pp |
| 2009 | 100.0% | CA$91.45 Million | CA$0.00 | CA$114.78 Million | ▲ +0.0 pp |
| 2008 | 100.0% | CA$90.20 Million | CA$0.00 | CA$133.93 Million | ▲ +0.0 pp |
| 2007 | 100.0% | CA$59.86 Million | CA$0.00 | CA$85.35 Million | ▲ +0.0 pp |
| 2006 | 100.0% | CA$58.91 Million | CA$0.00 | CA$78.47 Million | ▲ +16.6 pp |
| 2005 | 83.4% | CA$53.59 Million | CA$8.91 Million | CA$68.63 Million | ▼ -15.9 pp |
| 2004 | 99.2% | CA$39.43 Million | CA$300.00K | CA$52.55 Million | ▼ -0.8 pp |
| 2003 | 100.0% | CA$28.06 Million | CA$0.00 | CA$42.49 Million | ▲ +0.0 pp |
| 2002 | 100.0% | CA$27.49 Million | CA$0.00 | CA$42.10 Million | — |