PHX Total Revenue vs Reconciled Depreciation Analysis

PHX Stock  USD 3.26  0.02  0.62%   
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 Total Revenue and its Reconciled Depreciation 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.

Total Revenue vs Reconciled Depreciation

Total Revenue vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PHX Minerals Total Revenue account and Reconciled Depreciation. At this time, the significance of the direction appears to have weak relationship.
The correlation between PHX Minerals' Total Revenue and Reconciled Depreciation is 0.36. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Reconciled Depreciation 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' Total Revenue and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of PHX Minerals are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Total Revenue i.e., PHX Minerals' Total Revenue and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.36
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Revenue

Total revenue comprises all receipts PHX Minerals generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Reconciled Depreciation

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 6.3 M in 2024.
 2021 2022 2023 2024 (projected)
Cost Of Revenue19.7M20.4M5.3M5.0M
EBITDA1.8M28.8M25.3M21.3M

PHX Minerals fundamental ratios Correlations

0.110.230.951.00.90.95-0.441.0-0.440.55-0.010.930.780.940.290.270.35-0.440.86-0.06-0.080.0-0.350.980.62
0.110.760.220.110.02-0.04-0.20.11-0.20.310.5-0.1-0.09-0.010.560.11-0.20.05-0.020.060.370.480.40.18-0.05
0.230.760.260.190.010.13-0.030.19-0.030.720.240.060.090.170.410.50.420.18-0.03-0.240.070.130.180.24-0.24
0.950.220.260.940.760.9-0.420.94-0.420.50.230.770.680.790.380.250.25-0.420.710.10.070.16-0.210.930.55
1.00.110.190.940.90.95-0.491.0-0.490.5-0.010.930.80.940.270.180.32-0.490.85-0.05-0.1-0.01-0.380.990.66
0.90.020.010.760.90.8-0.370.9-0.370.37-0.110.940.630.930.230.160.12-0.410.99-0.09-0.070.0-0.290.890.62
0.95-0.040.130.90.950.8-0.390.95-0.390.47-0.20.90.850.90.120.20.42-0.510.77-0.15-0.26-0.19-0.540.920.65
-0.44-0.2-0.03-0.42-0.49-0.37-0.39-0.491.0-0.1-0.13-0.41-0.62-0.41-0.030.52-0.190.36-0.25-0.240.180.060.38-0.49-0.36
1.00.110.190.941.00.90.95-0.49-0.490.5-0.020.930.80.940.270.190.33-0.490.85-0.05-0.1-0.02-0.380.990.65
-0.44-0.2-0.03-0.42-0.49-0.37-0.391.0-0.49-0.1-0.13-0.41-0.62-0.41-0.030.52-0.190.36-0.25-0.240.180.060.38-0.49-0.36
0.550.310.720.50.50.370.47-0.10.5-0.10.080.460.340.550.310.760.680.160.36-0.13-0.010.050.020.5-0.12
-0.010.50.240.23-0.01-0.11-0.2-0.13-0.02-0.130.08-0.29-0.38-0.250.540.09-0.330.24-0.130.650.710.780.7-0.01-0.27
0.93-0.10.060.770.930.940.9-0.410.93-0.410.46-0.290.80.990.110.20.37-0.440.92-0.21-0.26-0.2-0.490.920.66
0.78-0.090.090.680.80.630.85-0.620.8-0.620.34-0.380.80.8-0.06-0.140.5-0.660.56-0.25-0.47-0.41-0.740.780.68
0.94-0.010.170.790.940.930.9-0.410.94-0.410.55-0.250.990.80.170.250.42-0.410.91-0.21-0.24-0.17-0.450.930.62
0.290.560.410.380.270.230.12-0.030.27-0.030.310.540.11-0.060.170.31-0.210.040.260.450.80.750.590.390.06
0.270.110.50.250.180.160.20.520.190.520.760.090.2-0.140.250.310.390.430.24-0.130.20.180.310.18-0.27
0.35-0.20.420.250.320.120.42-0.190.33-0.190.68-0.330.370.50.42-0.210.390.090.07-0.32-0.52-0.52-0.470.28-0.15
-0.440.050.18-0.42-0.49-0.41-0.510.36-0.490.360.160.24-0.44-0.66-0.410.040.430.09-0.370.20.240.190.49-0.48-0.72
0.86-0.02-0.030.710.850.990.77-0.250.85-0.250.36-0.130.920.560.910.260.240.07-0.37-0.060.010.06-0.210.860.59
-0.060.06-0.240.1-0.05-0.09-0.15-0.24-0.05-0.24-0.130.65-0.21-0.25-0.210.45-0.13-0.320.2-0.060.760.780.61-0.01-0.17
-0.080.370.070.07-0.1-0.07-0.260.18-0.10.18-0.010.71-0.26-0.47-0.240.80.2-0.520.240.010.760.960.89-0.01-0.18
0.00.480.130.16-0.010.0-0.190.06-0.020.060.050.78-0.2-0.41-0.170.750.18-0.520.190.060.780.960.880.06-0.13
-0.350.40.18-0.21-0.38-0.29-0.540.38-0.380.380.020.7-0.49-0.74-0.450.590.31-0.470.49-0.210.610.890.88-0.31-0.5
0.980.180.240.930.990.890.92-0.490.99-0.490.5-0.010.920.780.930.390.180.28-0.480.86-0.01-0.010.06-0.310.66
0.62-0.05-0.240.550.660.620.65-0.360.65-0.36-0.12-0.270.660.680.620.06-0.27-0.15-0.720.59-0.17-0.18-0.13-0.50.66
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PHX Minerals Account Relationship Matchups

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When running PHX Minerals' price analysis, check to measure PHX Minerals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PHX Minerals is operating at the current time. Most of PHX Minerals' value examination focuses on studying past and present price action to predict the probability of PHX Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PHX Minerals' price. Additionally, you may evaluate how the addition of PHX Minerals to your portfolios can decrease your overall portfolio volatility.