Debt to Equity Ratio Analysis of PHX Minerals Inc - Deep Dive
Latest FY Debt to Equity
Period Ending - Sep-23
Excellent Debt to Equity
0.0019
Period Ending - Sep-22
Excellent Debt to Equity
0.265
Growth
-99.28 %
Most recent Quarter Debt to Equity
Period Ending - Mar-24
Excellent Debt to Equity
0.251
Debt to Equity Analysis of PHX Minerals Inc
Debt to Equity Ratio 0.0019 of PHX Minerals Inc indicates to run a business company uses lower amount of long-term debt. |
Debt to Equity Ratio of PHX drastically fell by -99.28 % this year. |
Debt to Equity Ratio with value of 0.458 was highest in Year Sep-20 in last Five Years. |
Debt to Equity Ratio with value of 0.0019 was lowest in Year Sep-23 in last Five Years. |
Latest Debt to Equity Ratio with value of 0.0019 is lower than Average Debt to Equity of 0.279 in last five years. |
Other Debt to Equity Related Info of PHX that may interest you.
PHX Minerals Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
PHX | 3.18 | 3.21 | 0.935 % | Oil & Gas E&P |
Defination of Debt to Equity Ratio
Debt to Equity Ratio shows the relationship between the company's total debt and total shareholders fund. And it indicates the ability of a company's shareholders' equity to pay its debt obligations in a tough time. more ..Debt to Equity Related Ratios
ShortTermDebtToEquityRatio | DividendCoverageRatio | CurrentRatio |
Tsr Stability Index
Excellent Stability |
FY - Historical Debt to Equity Ratio of PHX Minerals Inc
Period | Sep-23 | Sep-22 | Sep-21 | Sep-20 | Sep-19 | Sep-18 | Sep-17 |
---|---|---|---|---|---|---|---|
Debt to Equity | 0.0019 | 0.265 | 0.224 | 0.458 | 0.447 | 0.420 | 0.895 |
Change | -99.28 % | 18.09 % | -51.13 % | 2.63 % | 6.38 % | -53.08 % | 129.58 % |
FY Chart of Debt to Equity Ratio of PHX Minerals Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)