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PHXHF (PHX Energy Services) Gross-Profit-to-Asset % : 28.97% (As of Sep. 2024)


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What is PHX Energy Services Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. PHX Energy Services's annualized Gross Profit for the quarter that ended in Sep. 2024 was $85.5 Mil. PHX Energy Services's average Total Assets over the quarter that ended in Sep. 2024 was $295.3 Mil. Therefore, PHX Energy Services's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was 28.97%.


PHX Energy Services Gross-Profit-to-Asset % Historical Data

The historical data trend for PHX Energy Services's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PHX Energy Services Gross-Profit-to-Asset % Chart

PHX Energy Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.75 13.71 28.95 33.54 39.71

PHX Energy Services Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 45.84 37.66 37.44 27.17 28.97

Competitive Comparison of PHX Energy Services's Gross-Profit-to-Asset %

For the Oil & Gas Drilling subindustry, PHX Energy Services's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PHX Energy Services's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PHX Energy Services's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where PHX Energy Services's Gross-Profit-to-Asset % falls into.



PHX Energy Services Gross-Profit-to-Asset % Calculation

PHX Energy Services's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=111.885/( (276.205+287.339)/ 2 )
=111.885/281.772
=39.71 %

PHX Energy Services's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=85.54/( (298.703+291.905)/ 2 )
=85.54/295.304
=28.97 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Sep. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


PHX Energy Services Gross-Profit-to-Asset % Related Terms

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PHX Energy Services Business Description

Traded in Other Exchanges
Address
215 – 9th Avenue South West, Suite 1600, Calgary, AB, CAN, T2P 1K3
PHX Energy Services Corp is an oil and natural gas service company. The firm, through its directional drilling subsidiary entities, provides horizontal and directional drilling services to oil and natural gas exploration and development companies principally in Canada, the United States, Albania, and the Middle East regions. PHX Energy has developed various new technologies that have positioned the corporation technology in the horizontal and directional drilling services sector in North America. Geographically the company generates the majority of its revenue from the United States.