PHXHF
Price:
$8.05
Market Cap:
$510.88M
PHX Energy Services Corp. delivers advanced horizontal and directional drilling technologies and services to companies engaged in oil and natural gas exploration, development, and production. Its operations span across Canada, the United States, Russia, Albania, and the Middle East. The company's innovative offerings include the Velocity Real-Time System for downhole guidance, high-performance Atlas Motors, the PowerDrive Orbit Rotary Steerable System (RSS), and various Measurement While Drilling (MWD) tools such as the P-360 Positive Pulse MWD System and the E-360 EM MWD System, which transmits electrical signals through geological formations. PHX also provides the 360 CV MWD System, a clea...[Read more]
Industry
Oil & Gas Drilling
IPO Date
2004-07-19
Stock Exchange
OTC
Ticker
PHXHF
According to PHX Energy Services Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 1.92. This represents a change of 2.57% compared to the average of 1.88 of the last 4 quarters.
The mean historical Current Ratio of PHX Energy Services Corp. over the last ten years is 1.92. The current 1.92 Current Ratio has changed 9.92% with respect to the historical average. Over the past ten years (40 quarters), PHXHF's Current Ratio was at its highest in in the September 2020 quarter at 3.14. The Current Ratio was at its lowest in in the March 2022 quarter at 1.58.
Average
1.92
Median
1.86
Minimum
1.64
Maximum
2.37
Discovering the peaks and valleys of PHX Energy Services Corp. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 19.04%
Maximum Annual Current Ratio = 2.37
Minimum Annual Increase = -30.70%
Minimum Annual Current Ratio = 1.64
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.88 | 14.02% |
| 2024 | 1.65 | -9.68% |
| 2023 | 1.83 | 0.89% |
| 2022 | 1.81 | 10.62% |
| 2021 | 1.64 | -30.70% |
| 2020 | 2.37 | 19.04% |
| 2019 | 1.99 | 12.06% |
| 2018 | 1.77 | -13.62% |
| 2017 | 2.05 | -6.14% |
| 2016 | 2.19 | -26.64% |
The current Current Ratio of PHX Energy Services Corp. (PHXHF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.79
5-year avg
1.76
10-year avg
1.92
PHX Energy Services Corp.’s Current Ratio is less than Panoro Energy ASA (2.43), greater than John Wood Group PLC (0.58), greater than InPlay Oil Corp. (0.82), greater than Archer Limited (0.99), less than Genel Energy plc (2.70), greater than Frontera Energy Corporation (1.31), greater than Tullow Oil plc (0.52), greater than PT Energi Mega Persada Tbk (0.57), greater than Northern Ocean Ltd. (0.25), greater than Energy Resources of Australia Ltd (1.78),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.43 | $482.29M | |
| 0.58 | $269.58M | |
| 0.82 | $330.60M | |
| 0.99 | $248.74M | |
| 2.70 | $195.60M | |
| 1.31 | $795.03M | |
| 0.52 | $318.15M | |
| 0.57 | $1.95B | |
| 0.25 | $181.93M | |
| 1.78 | $3.04B |
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What is the Current Ratio?
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