PHX Energy Services Corp
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, Albania, the Middle East regions, and internationally. It offers Atlas motors; Velocity Real-Time Systems that provide downhole guidance systems; Echo syste… Read more
PHX Energy Services Corp (PHXHF) - Total Assets
Latest total assets as of June 2025: $429.88 Million USD
Based on the latest financial reports, PHX Energy Services Corp (PHXHF) holds total assets worth $429.88 Million USD as of June 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
PHX Energy Services Corp - Total Assets Trend (2004–2024)
This chart illustrates how PHX Energy Services Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
PHX Energy Services Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
PHX Energy Services Corp's total assets of $429.88 Million consist of 50.6% current assets and 49.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.4% |
| Accounts Receivable | $133.59 Million | 31.6% |
| Inventory | $63.13 Million | 14.9% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $14.61 Million | 3.5% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2004–2024)
This chart illustrates how PHX Energy Services Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: PHX Energy Services Corp's current assets represent 50.6% of total assets in 2024, an increase from 0.0% in 2004.
- Cash Position: Cash and equivalents constituted 3.4% of total assets in 2024, down from 11.3% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, a decrease from 33.0% in 2004.
- Asset Diversification: The largest asset category is accounts receivable at 31.6% of total assets.
PHX Energy Services Corp Competitors by Total Assets
Key competitors of PHX Energy Services Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Aban Offshore Limited
NSE:ABAN
|
India | ₹16.43 Billion |
|
XinJiang Beiken Energy Engineering Stock Co Ltd
SHE:002828
|
China | CN¥1.85 Billion |
|
Daldrup & Söhne Aktiengesellschaft
F:4DS
|
Germany | €37.46 Million |
|
Velesto Energy Bhd
KLSE:5243
|
Malaysia | RM2.85 Billion |
|
ARCHER
F:8SW
|
Germany | €1.07 Billion |
|
ACT Energy Technologies Ltd.
TO:ACX
|
Canada | CA$458.00 Million |
|
Agri-Dynamics Inc
PINK:AGDY
|
USA | $144.28K |
|
AKITA Drilling Ltd
PINK:AKTAF
|
USA | $258.01 Million |
PHX Energy Services Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - PHX Energy Services Corp generates 1.56x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, PHX Energy Services Corp generates $ 12.90 in net profit.
PHX Energy Services Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.79 | 1.62 | 3.14 |
| Quick Ratio | 1.29 | 1.09 | 1.96 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $92.82 Million | $ 75.05 Million | $ 56.42 Million |
PHX Energy Services Corp - Advanced Valuation Insights
This section examines the relationship between PHX Energy Services Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.79 |
| Latest Market Cap to Assets Ratio | 0.46 |
| Asset Growth Rate (YoY) | 9.8% |
| Total Assets | $423.29 Million |
| Market Capitalization | $194.54 Million USD |
Valuation Analysis
Below Book Valuation: The market values PHX Energy Services Corp's assets below their book value (0.46 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: PHX Energy Services Corp's assets grew by 9.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for PHX Energy Services Corp (2004–2024)
The table below shows the annual total assets of PHX Energy Services Corp from 2004 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $423.29 Million | +9.80% |
| 2023-12-31 | $385.49 Million | +2.74% |
| 2022-12-31 | $375.22 Million | +42.95% |
| 2021-12-31 | $262.49 Million | +21.22% |
| 2020-12-31 | $216.54 Million | -21.90% |
| 2019-12-31 | $277.25 Million | +4.95% |
| 2018-12-31 | $264.18 Million | +7.29% |
| 2017-12-31 | $246.24 Million | +33.16% |
| 2016-12-31 | $184.92 Million | -12.77% |
| 2015-12-31 | $212.00 Million | -37.62% |
| 2014-12-31 | $339.84 Million | +3.03% |
| 2013-12-31 | $329.83 Million | +23.72% |
| 2012-12-31 | $266.60 Million | +23.46% |
| 2011-12-31 | $215.95 Million | +21.37% |
| 2010-12-31 | $177.92 Million | +63.06% |
| 2009-12-31 | $109.11 Million | -0.87% |
| 2008-12-31 | $110.07 Million | +28.53% |
| 2007-12-31 | $85.64 Million | +27.24% |
| 2006-12-31 | $67.30 Million | +14.34% |
| 2005-12-31 | $58.86 Million | +34.74% |
| 2004-12-31 | $43.69 Million | -- |