PHX Minerals Inc (PHX) — Working Capital to Net Assets Ratio
PHX Minerals Inc (PHX) has a Working Capital to Net Assets ratio of 3.5% as of March 2025. Working capital of $4.41 Million (current assets of $9.92 Million minus current liabilities of $5.51 Million) is measured against net assets of $125.55 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See PHX net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
PHX Minerals Inc Working Capital to Net Assets (1991–2024)
This chart shows how PHX Minerals Inc's Working Capital to Net Assets ratio has evolved across 34 annual periods from 1991 to 2024. As of March 2025, the ratio stands at 3.5%, reflecting working capital of $4.41 Million against net assets of $125.55 Million USD. Check PHX Minerals Inc tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for PHX Minerals Inc (1991–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for PHX Minerals Inc from 1991 to 2024, covering 34 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see market cap of PHX Minerals Inc.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 5.2% | $6.32 Million | $121.95 Million | $9.56 Million | $3.24 Million | ▼ -1.4 pp |
| 2023 | 6.6% | $8.15 Million | $123.23 Million | $10.16 Million | $2.01 Million | ▲ +0.4 pp |
| 2022 | 6.2% | $6.66 Million | $107.78 Million | $17.92 Million | $11.26 Million | ▲ +9.9 pp |
| 2021 | -3.7% | $-2.91 Million | $78.71 Million | $12.22 Million | $15.14 Million | ▼ -24.9 pp |
| 2020 | 21.2% | $13.34 Million | $62.99 Million | $17.79 Million | $4.45 Million | ▲ +6.8 pp |
| 2019 | 14.3% | $11.38 Million | $79.31 Million | $14.48 Million | $3.10 Million | ▲ +12.4 pp |
| 2018 | 1.9% | $2.51 Million | $128.77 Million | $8.25 Million | $5.74 Million | ▼ -3.6 pp |
| 2017 | 5.5% | $6.45 Million | $116.71 Million | $9.99 Million | $3.54 Million | ▲ +3.7 pp |
| 2016 | 1.8% | $2.10 Million | $115.19 Million | $6.57 Million | $4.47 Million | ▼ -5.2 pp |
| 2015 | 7.0% | $8.91 Million | $127.00 Million | $13.78 Million | $4.88 Million | ▼ -1.3 pp |
| 2014 | 8.3% | $9.92 Million | $119.19 Million | $19.37 Million | $9.45 Million | ▲ +0.5 pp |
| 2013 | 7.8% | $7.50 Million | $95.66 Million | $17.81 Million | $10.30 Million | ▲ +3.1 pp |
| 2012 | 4.8% | $4.00 Million | $83.85 Million | $11.62 Million | $7.63 Million | ▼ -4.5 pp |
| 2011 | 9.3% | $7.31 Million | $78.80 Million | $13.26 Million | $5.95 Million | ▼ -4.4 pp |
| 2010 | 13.7% | $10.10 Million | $73.58 Million | $17.36 Million | $7.26 Million | ▲ +8.4 pp |
| 2009 | 5.4% | $3.44 Million | $64.12 Million | $11.01 Million | $7.57 Million | ▼ -1.4 pp |
| 2008 | 6.7% | $4.60 Million | $68.35 Million | $21.11 Million | $16.51 Million | ▼ -6.7 pp |
| 2007 | 13.4% | $7.19 Million | $53.68 Million | $9.31 Million | $2.12 Million | ▲ +3.2 pp |
| 2006 | 10.2% | $5.00 Million | $49.07 Million | $8.80 Million | $3.80 Million | ▲ +1.2 pp |
| 2005 | 9.0% | $3.47 Million | $38.64 Million | $8.30 Million | $4.83 Million | ▲ +2.2 pp |
| 2004 | 6.8% | $1.94 Million | $28.70 Million | $5.85 Million | $3.90 Million | ▲ +0.8 pp |
| 2003 | 5.9% | $1.34 Million | $22.53 Million | $4.70 Million | $3.36 Million | ▲ +20.1 pp |
| 2002 | -14.2% | $-2.40 Million | $16.95 Million | $2.78 Million | $5.18 Million | ▼ -20.3 pp |
| 2001 | 6.1% | $1.04 Million | $17.00 Million | $1.96 Million | $919.86K | ▼ -6.7 pp |
| 2000 | 12.8% | $1.71 Million | $13.35 Million | $2.78 Million | $1.06 Million | ▲ +6.5 pp |
| 1999 | 6.4% | $700.00K | $11.00 Million | $1.40 Million | $700.00K | ▲ +2.7 pp |
| 1998 | 3.7% | $400.00K | $10.80 Million | $1.20 Million | $800.00K | ▼ -6.3 pp |
| 1997 | 10.0% | $1.00 Million | $10.00 Million | $1.80 Million | $800.00K | ▲ +3.9 pp |
| 1996 | 6.1% | $500.00K | $8.20 Million | $1.20 Million | $700.00K | ▼ -3.0 pp |
| 1995 | 9.1% | $600.00K | $6.60 Million | $1.00 Million | $400.00K | ▼ -8.1 pp |
| 1994 | 17.2% | $1.10 Million | $6.40 Million | $1.50 Million | $400.00K | ▲ +6.7 pp |
| 1993 | 10.5% | $600.00K | $5.70 Million | $1.10 Million | $500.00K | ▼ -6.1 pp |
| 1992 | 16.7% | $900.00K | $5.40 Million | $1.20 Million | $300.00K | ▼ -7.9 pp |
| 1991 | 24.5% | $1.30 Million | $5.30 Million | $1.70 Million | $400.00K | — |