PHX Energy Services Corporation Working Capital to Net Assets Ratio
PHX Energy Services Corporation working capital to net assets ratio. PHX Energy Services Corporation (PHX) has a Working Capital to Net Assets ratio of 58.4% as of June 2026. Working capital of CA$134.97 Million (current assets of CA$260.58 Million minus current liabilities of CA$125.61 Million) is measured against net assets of CA$231.10 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check PHX Energy Services Corporation (PHX) tangible net worth to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of PHX Energy Services Corporation (2002–2025)
Working capital to net assets ratio of PHX Energy Services Corporation from 2002 to 2025. This chart shows how PHX Energy Services Corporation's Working Capital to Net Assets ratio has evolved across 24 annual periods from 2002 to 2025. As of June 2026, the ratio stands at 58.4%, reflecting working capital of CA$134.97 Million against net assets of CA$231.10 Million CAD. See PHX cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
PHX Energy Services Corporation Working Capital to Net Assets Ratio by Year (2002–2025)
PHX Energy Services Corporation working capital to net assets ratio by year from 2002 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for PHX Energy Services Corporation from 2002 to 2025, covering 24 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 the complete balance sheet picture, see PHX current and non-current assets.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 48.4% | CA$110.91 Million | CA$229.04 Million | CA$236.27 Million | CA$125.36 Million | ▲ +10.4 pp |
| 2024 | 38.0% | CA$84.55 Million | CA$222.21 Million | CA$214.02 Million | CA$129.47 Million | ▼ -6.7 pp |
| 2023 | 44.7% | CA$93.92 Million | CA$209.97 Million | CA$207.04 Million | CA$113.12 Million | ▼ -8.6 pp |
| 2022 | 53.3% | CA$94.34 Million | CA$176.88 Million | CA$210.23 Million | CA$115.89 Million | ▲ +12.4 pp |
| 2021 | 41.0% | CA$55.08 Million | CA$134.43 Million | CA$141.16 Million | CA$86.08 Million | ▼ -3.7 pp |
| 2020 | 44.7% | CA$58.99 Million | CA$132.03 Million | CA$102.16 Million | CA$43.17 Million | ▼ -1.2 pp |
| 2019 | 45.9% | CA$68.39 Million | CA$148.94 Million | CA$137.62 Million | CA$69.23 Million | ▲ +10.1 pp |
| 2018 | 35.8% | CA$60.32 Million | CA$168.41 Million | CA$138.24 Million | CA$77.93 Million | ▲ +8.4 pp |
| 2017 | 27.4% | CA$49.79 Million | CA$181.54 Million | CA$97.04 Million | CA$47.25 Million | ▲ +2.6 pp |
| 2016 | 24.8% | CA$44.23 Million | CA$178.39 Million | CA$81.46 Million | CA$37.23 Million | ▼ -5.6 pp |
| 2015 | 30.4% | CA$61.04 Million | CA$200.94 Million | CA$91.83 Million | CA$30.79 Million | ▼ -10.1 pp |
| 2014 | 40.5% | CA$80.97 Million | CA$199.96 Million | CA$162.22 Million | CA$81.24 Million | ▲ +6.9 pp |
| 2013 | 33.5% | CA$66.58 Million | CA$198.48 Million | CA$136.26 Million | CA$69.68 Million | ▼ -6.0 pp |
| 2012 | 39.5% | CA$45.48 Million | CA$115.09 Million | CA$106.27 Million | CA$60.79 Million | ▲ +0.1 pp |
| 2011 | 39.4% | CA$44.87 Million | CA$113.87 Million | CA$90.75 Million | CA$45.88 Million | ▲ +6.0 pp |
| 2010 | 33.4% | CA$34.24 Million | CA$102.44 Million | CA$73.18 Million | CA$38.94 Million | ▲ +10.4 pp |
| 2009 | 23.0% | CA$21.01 Million | CA$91.45 Million | CA$43.10 Million | CA$22.09 Million | ▼ -6.5 pp |
| 2008 | 29.5% | CA$26.60 Million | CA$90.20 Million | CA$61.49 Million | CA$34.89 Million | ▲ +3.1 pp |
| 2007 | 26.4% | CA$15.80 Million | CA$59.86 Million | CA$36.78 Million | CA$20.98 Million | ▼ -6.9 pp |
| 2006 | 33.3% | CA$19.61 Million | CA$58.91 Million | CA$34.38 Million | CA$14.77 Million | ▼ -0.7 pp |
| 2005 | 34.0% | CA$18.22 Million | CA$53.59 Million | CA$29.66 Million | CA$11.44 Million | ▲ +3.0 pp |
| 2004 | 31.0% | CA$12.21 Million | CA$39.43 Million | CA$19.83 Million | CA$7.61 Million | ▼ -17.2 pp |
| 2003 | 48.1% | CA$13.51 Million | CA$28.06 Million | CA$20.55 Million | CA$7.04 Million | ▲ +10.3 pp |
| 2002 | 37.9% | CA$10.41 Million | CA$27.49 Million | CA$17.81 Million | CA$7.41 Million | — |