| PHX Stock | | | CAD 9.87 0.01 0.10% |
PHX Energy financial indicator trend analysis is much more than just breaking down PHX Energy Services prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PHX Energy Services is a good investment. Please check the relationship between PHX Energy Operating Income and its Research Development accounts. 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.
Operating Income vs Research Development
Operating Income vs Research Development Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
PHX Energy Services Operating Income account and
Research Development. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between PHX Energy's Operating Income and Research Development is 0.44. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Research Development in the same time period over historical financial statements of PHX Energy Services, assuming nothing else is changed. The correlation between historical values of PHX Energy's Operating Income and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of PHX Energy Services are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Operating Income i.e., PHX Energy's Operating Income and Research Development go up and down completely randomly.
Correlation Coefficient | 0.44 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Operating Income
Operating Income is the amount of profit realized from PHX Energy Services operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of PHX Energy Services is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Research Development
Most indicators from PHX Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PHX Energy Services current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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
Selling General Administrative is very stable compared to the past year. As of the 3rd of December 2024,
Tax Provision is likely to grow to about 5.3
M, though
Discontinued Operations is likely to grow to (12.4
M).
PHX Energy fundamental ratios Correlations
Click cells to compare fundamentals
PHX Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
PHX Energy fundamental ratios Accounts
Other Information on Investing in PHX Stock
Balance Sheet is a snapshot of the
financial position of PHX Energy Services at a specified time, usually calculated after every quarter, six months, or one year. PHX Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of PHX Energy and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which PHX currently owns. An asset can also be divided into two categories, current and non-current.