PHX Current Deferred Revenue vs Retained Earnings Analysis

PHX Stock  USD 3.72  0.10  2.62%   
PHX Minerals financial indicator trend analysis is much more than just breaking down PHX Minerals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PHX Minerals is a good investment. Please check the relationship between PHX Minerals Current Deferred Revenue and its Retained Earnings accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PHX Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For more information on how to buy PHX Stock please use our How to Invest in PHX Minerals guide.

Current Deferred Revenue vs Retained Earnings

Current Deferred Revenue vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PHX Minerals Current Deferred Revenue account and Retained Earnings. At this time, the significance of the direction appears to have no relationship.
The correlation between PHX Minerals' Current Deferred Revenue and Retained Earnings is 0.03. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of PHX Minerals, assuming nothing else is changed. The correlation between historical values of PHX Minerals' Current Deferred Revenue and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of PHX Minerals are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Current Deferred Revenue i.e., PHX Minerals' Current Deferred Revenue and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.03
Relationship DirectionPositive 
Relationship StrengthInsignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from PHX Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PHX Minerals 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 Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For more information on how to buy PHX Stock please use our How to Invest in PHX Minerals guide.At this time, PHX Minerals' Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.32 in 2024, whereas Selling General Administrative is likely to drop slightly above 7.3 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue22.0M53.5M35.7M33.6M
Depreciation And Amortization7.7M7.3M8.6M12.1M

PHX Minerals fundamental ratios Correlations

0.190.220.821.00.850.94-0.41.0-0.40.540.00.930.740.940.340.28-0.440.87-0.090.05-0.210.190.340.240.12
0.190.690.230.190.10.05-0.380.19-0.380.30.420.010.010.090.04-0.15-0.030.050.010.37-0.480.57-0.01-0.31-0.58
0.220.690.110.17-0.050.110.030.180.030.720.240.040.060.160.560.40.2-0.03-0.250.14-0.40.52-0.24-0.2-0.65
0.820.230.110.820.720.77-0.450.82-0.450.430.230.670.570.690.250.09-0.340.670.420.43-0.590.450.05-0.140.28
1.00.190.170.820.860.94-0.451.0-0.450.48-0.010.930.760.940.270.24-0.490.87-0.080.04-0.190.180.360.260.12
0.850.1-0.050.720.860.72-0.410.85-0.410.3-0.060.910.540.90.15-0.04-0.40.970.040.2-0.130.080.460.130.15
0.940.050.110.770.940.72-0.340.94-0.340.47-0.220.880.840.880.290.39-0.50.76-0.19-0.17-0.060.030.380.450.16
-0.4-0.380.03-0.45-0.45-0.41-0.34-0.451.0-0.04-0.07-0.4-0.58-0.40.47-0.110.36-0.28-0.220.00.05-0.04-0.24-0.15-0.1
1.00.190.180.821.00.850.94-0.45-0.450.48-0.010.930.760.940.270.25-0.490.87-0.080.04-0.190.170.360.260.12
-0.4-0.380.03-0.45-0.45-0.41-0.341.0-0.45-0.04-0.07-0.4-0.58-0.40.47-0.110.36-0.28-0.220.00.05-0.04-0.24-0.15-0.1
0.540.30.720.430.480.30.47-0.040.48-0.040.070.440.330.520.820.670.170.34-0.160.04-0.30.25-0.080.02-0.13
0.00.420.240.23-0.01-0.06-0.22-0.07-0.01-0.070.07-0.27-0.44-0.240.13-0.370.23-0.10.610.77-0.730.67-0.45-0.80.19
0.930.010.040.670.930.910.88-0.40.93-0.40.44-0.270.760.990.250.29-0.450.93-0.21-0.120.05-0.070.520.420.11
0.740.010.060.570.760.540.84-0.580.76-0.580.33-0.440.760.76-0.050.48-0.640.54-0.29-0.410.2-0.210.340.60.06
0.940.090.160.690.940.90.88-0.40.94-0.40.52-0.240.990.760.310.33-0.420.92-0.23-0.09-0.010.00.480.390.03
0.340.040.560.250.270.150.290.470.270.470.820.130.25-0.050.310.460.410.25-0.130.13-0.330.28-0.11-0.12-0.05
0.28-0.150.40.090.24-0.040.39-0.110.25-0.110.67-0.370.290.480.330.460.150.0-0.34-0.550.2-0.18-0.020.49-0.01
-0.44-0.030.2-0.34-0.49-0.4-0.50.36-0.490.360.170.23-0.45-0.64-0.420.410.15-0.390.210.13-0.160.15-0.05-0.34-0.01
0.870.05-0.030.670.870.970.76-0.280.87-0.280.34-0.10.930.540.920.250.0-0.39-0.060.12-0.080.040.470.20.14
-0.090.01-0.250.42-0.080.04-0.19-0.22-0.08-0.22-0.160.61-0.21-0.29-0.23-0.13-0.340.21-0.060.77-0.70.55-0.43-0.740.45
0.050.370.140.430.040.2-0.170.00.040.00.040.77-0.12-0.41-0.090.13-0.550.130.120.77-0.880.78-0.44-0.930.06
-0.21-0.48-0.4-0.59-0.19-0.13-0.060.05-0.190.05-0.3-0.730.050.2-0.01-0.330.2-0.16-0.08-0.7-0.88-0.930.510.820.03
0.190.570.520.450.180.080.03-0.040.17-0.040.250.67-0.07-0.210.00.28-0.180.150.040.550.78-0.93-0.47-0.75-0.3
0.34-0.01-0.240.050.360.460.38-0.240.36-0.24-0.08-0.450.520.340.48-0.11-0.02-0.050.47-0.43-0.440.51-0.470.60.01
0.24-0.31-0.2-0.140.260.130.45-0.150.26-0.150.02-0.80.420.60.39-0.120.49-0.340.2-0.74-0.930.82-0.750.60.01
0.12-0.58-0.650.280.120.150.16-0.10.12-0.1-0.130.190.110.060.03-0.05-0.01-0.010.140.450.060.03-0.30.010.01
Click cells to compare fundamentals

PHX Minerals Account Relationship Matchups

PHX Minerals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets126.6M100.0M117.0M152.5M166.5M99.2M
Other Current Liab2.4M(4.5M)11.0M7.7M886.1K1.6M
Total Current Liabilities3.1M4.5M15.1M11.3M2.0M1.9M
Total Stockholder Equity79.3M63.0M78.7M107.8M123.2M129.4M
Property Plant And Equipment Net111.7M81.6M104.2M133.8M155.7M88.9M
Net Debt29.3M19.1M16.0M26.1M32.6M34.3M
Retained Earnings81.8M56.2M49.0M67.1M80.0M56.3M
Cash6.2M10.7M2.4M3.4M806.3K765.9K
Non Current Assets Total112.2M82.2M104.8M134.6M156.3M89.9M
Cash And Short Term Investments6.2M10.7M2.4M3.4M806.3K765.9K
Net Receivables5.9M6.7M8.8M13.2M4.9M6.7M
Common Stock Shares Outstanding16.7M17.0M25.9M34.6M36.0M19.9M
Liabilities And Stockholders Equity126.6M100.0M117.0M152.5M166.5M99.2M
Non Current Liabilities Total44.2M32.6M23.2M33.5M41.3M33.1M
Other Stockholder Equity(5.4M)4.5M27.4M38.6M41.1M78.1M
Total Liab47.3M37.0M38.3M44.7M43.3M38.1M
Total Current Assets14.5M17.8M12.2M17.9M10.2M9.3M
Accumulated Other Comprehensive Income2.6M1.9M1.8M1.5M1.5M1.6M
Accounts Payable665.2K997.6K772.7K647.2K562.6K534.5K
Non Currrent Assets Other237.5K590.3K578.3K(828.8K)649.6K682.1K
Short Long Term Debt Total35.4M29.8M18.4M29.5M33.4M27.1M
Other Current Assets177.0K351.1K942.1K1.4M4.5M4.7M
Common Stock281.5K377.3K546.0K596.0K601.8K631.9K

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