| PHX Stock | | | CAD 9.79 0.09 0.93% |
Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in PHX Energy Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At this time, PHX Energy's
Capital Surpluse is very stable compared to the past year. As of the 2nd of December 2024,
Issuance Of Capital Stock is likely to grow to about 4.3
M, while
Net Invested Capital is likely to drop about 196.8
M. At this time, PHX Energy's
EBIT is very stable compared to the past year. As of the 2nd of December 2024,
EBITDA is likely to grow to about 157.6
M, while
Depreciation And Amortization is likely to drop about 25.7
M.
PHX Energy Services Company Z Score Analysis
PHX Energy's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
| First Factor | = | 1.2 * ( | Working Capital | / | Total Assets ) |
|
| Second Factor | = | 1.4 * ( | Retained Earnings | / | Total Assets ) |
|
| Thrid Factor | = | 3.3 * ( | EBITAD | / | Total Assets ) |
|
| Fouth Factor | = | 0.6 * ( | Market Value of Equity | / | Total Liabilities ) |
|
| Fifth Factor | = | 0.99 * ( | Revenue | / | Total Assets ) |
|
PHX Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for PHX Energy is extremely important. It helps to project a fair market value of PHX Stock properly, considering its historical
fundamentals such as Z Score. Since PHX Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of PHX Energy's historical
financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of PHX Energy's interrelated accounts and indicators.
Click cells to compare fundamentals
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
Based on the company's disclosures, PHX Energy Services has a Z Score of 0.0. This is 100.0% lower than that of the Energy Equipment & Services sector and 100.0% lower than that of the
Energy industry. The z score for all Canada stocks is 100.0% higher than that of the company.
PHX Energy Current Valuation Drivers
We derive many important indicators used in calculating different scores of PHX Energy from analyzing PHX Energy's financial statements. These drivers represent accounts that assess PHX Energy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of PHX Energy's important valuation drivers and their relationship over time.
| | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) |
| Market Cap | | 159.1M | 133.0M | 221.0M | 389.6M | 403.3M | 423.4M |
| Enterprise Value | | 216.4M | 146.4M | 232.0M | 433.8M | 431.6M | 453.2M |
PHX Fundamentals
About PHX Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze PHX Energy Services's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PHX Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at
the intrinsic value of PHX Energy Services based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing
financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our
fundamental analysis page.
Other Information on Investing in PHX Stock
PHX Energy financial ratios help investors to determine whether PHX Stock is cheap or expensive when compared to a particular measure, such as profits or
enterprise value. In other words, they help investors to determine the cost of investment in PHX with respect to the benefits of owning PHX Energy security.