PHX Energy Services Corporation (PHX) - Total Assets
Based on the latest financial reports, PHX Energy Services Corporation (PHX) holds total assets worth CA$435.01 Million CAD (≈ $314.68 Million USD) as of September 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. See PHX total equity for net asset value and shareholders' equity analysis.
PHX Energy Services Corporation - Total Assets Trend (2002–2024)
This chart illustrates how PHX Energy Services Corporation's total assets have evolved over time, based on quarterly financial data.
PHX Energy Services Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
PHX Energy Services Corporation's total assets of CA$435.01 Million consist of 50.6% current assets and 49.4% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$14.16 Million | 3.4% |
| Accounts Receivable | CA$134.09 Million | 31.7% |
| Inventory | CA$63.13 Million | 14.9% |
| Property, Plant & Equipment | CA$191.02 Million | 45.1% |
| Intangible Assets | CA$14.61 Million | 3.5% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2002–2024)
This chart illustrates how PHX Energy Services Corporation'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. For live market cap, price, and company overview, see PHX company net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: PHX Energy Services Corporation's current assets represent 50.6% of total assets in 2024, an increase from 42.3% in 2002.
- Cash Position: Cash and equivalents constituted 3.4% of total assets in 2024, down from 18.7% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, a decrease from 8.0% in 2002.
- Asset Diversification: The largest asset category is property, plant & equipment at 45.1% of total assets.
PHX Energy Services Corporation Competitors by Total Assets
Key competitors of PHX Energy Services Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Noble Corporation plc
NYSE:NE
|
USA | $7.64 Billion |
|
Precision Drilling Corporation
TO:PD
|
Canada | CA$2.80 Billion |
|
Ensign Energy Services Inc
TO:ESI
|
Canada | CA$2.75 Billion |
|
ACT Energy Technologies Ltd.
TO:ACX
|
Canada | CA$458.00 Million |
|
Western Energy Services Corp.
TO:WRG
|
Canada | CA$378.65 Million |
|
Stampede Drilling Inc
V:SDI
|
Canada | CA$131.43 Million |
|
Sinopec Oilfield Service Corp
SHG:600871
|
China | CN¥78.22 Billion |
|
XinJiang Beiken Energy Engineering Stock Co Ltd
SHE:002828
|
China | CN¥1.85 Billion |
PHX Energy Services Corporation - 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 | 1.90 | 1.67 | 2.37 |
| Quick Ratio | 1.40 | 1.10 | 1.75 |
| Cash Ratio | 0.07 | 0.13 | 0.00 |
| Working Capital | CA$102.23 Million | CA$75.68 Million | CA$58.99 Million |
PHX Energy Services Corporation - Advanced Valuation Insights
This section examines the relationship between PHX Energy Services Corporation'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 | 1.75 |
| Latest Market Cap to Assets Ratio | 0.93 |
| Asset Growth Rate (YoY) | 9.8% |
| Total Assets | CA$423.29 Million |
| Market Capitalization | $392.59 Million USD |
Valuation Analysis
Near Book Valuation: The market values PHX Energy Services Corporation's assets close to their book value (0.93x), suggesting investors view the company's assets at approximately fair value.
Positive Asset Growth: PHX Energy Services Corporation'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 Corporation (2002–2024)
The table below shows the annual total assets of PHX Energy Services Corporation from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$423.29 Million ≈ $306.20 Million |
+9.80% |
| 2023-12-31 | CA$385.49 Million ≈ $278.86 Million |
+2.74% |
| 2022-12-31 | CA$375.22 Million ≈ $271.43 Million |
+42.95% |
| 2021-12-31 | CA$262.49 Million ≈ $189.88 Million |
+21.22% |
| 2020-12-31 | CA$216.54 Million ≈ $156.64 Million |
-21.90% |
| 2019-12-31 | CA$277.25 Million ≈ $200.56 Million |
+4.95% |
| 2018-12-31 | CA$264.18 Million ≈ $191.10 Million |
+7.29% |
| 2017-12-31 | CA$246.24 Million ≈ $178.12 Million |
-0.91% |
| 2016-12-31 | CA$248.49 Million ≈ $179.76 Million |
-15.31% |
| 2015-12-31 | CA$293.43 Million ≈ $212.26 Million |
-25.70% |
| 2014-12-31 | CA$394.92 Million ≈ $285.68 Million |
+12.71% |
| 2013-12-31 | CA$350.38 Million ≈ $253.46 Million |
+32.46% |
| 2012-12-31 | CA$264.52 Million ≈ $191.35 Million |
+20.13% |
| 2011-12-31 | CA$220.20 Million ≈ $159.29 Million |
+24.14% |
| 2010-12-31 | CA$177.38 Million ≈ $128.32 Million |
+54.54% |
| 2009-12-31 | CA$114.78 Million ≈ $83.03 Million |
-14.30% |
| 2008-12-31 | CA$133.93 Million ≈ $96.89 Million |
+56.92% |
| 2007-12-31 | CA$85.35 Million ≈ $61.74 Million |
+8.77% |
| 2006-12-31 | CA$78.47 Million ≈ $56.76 Million |
+14.33% |
| 2005-12-31 | CA$68.63 Million ≈ $49.65 Million |
+30.59% |
| 2004-12-31 | CA$52.55 Million ≈ $38.02 Million |
+23.69% |
| 2003-12-31 | CA$42.49 Million ≈ $30.74 Million |
+0.92% |
| 2002-12-31 | CA$42.10 Million ≈ $30.46 Million |
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About PHX Energy Services Corporation
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