Phinia Inc. financial data

Symbol
PHIN on NYSE
Industry
Motor Vehicle Parts & Accessories
Location
3000 University Drive, Auburn Hills, MI
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Jul 30, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 170 %
Quick Ratio 43 %
Debt-to-equity 118 %
Return On Equity 4.07 %
Return On Assets 1.87 %
Operating Margin 6.89 % -27.5%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 43.7M shares -7.1%
Common Stock, Shares, Outstanding 46.2M shares
Entity Public Float 0 USD
Common Stock, Value, Issued 1M USD
Weighted Average Number of Shares Outstanding, Basic 44.8M shares -4.68%
Weighted Average Number of Shares Outstanding, Diluted 45.7M shares -2.77%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 3.5B USD +4.54%
Revenue from Contract with Customer, Excluding Assessed Tax 3.51B USD -2.14%
Research and Development Expense 108M USD +7.14%
Operating Income (Loss) 269M USD -13.8%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 185M USD -43.8%
Income Tax Expense (Benefit) 110M USD +9.52%
Net Income (Loss) Attributable to Parent 75M USD -60%
Earnings Per Share, Basic 1.63 USD/shares -67.3%
Earnings Per Share, Diluted 1.61 USD/shares -67.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 339M USD
Inventory, Net 471M USD -9.07%
Other Assets, Current 8M USD -50%
Assets, Current 1.86B USD +11.3%
Deferred Income Tax Assets, Net 56M USD -65.2%
Operating Lease, Right-of-Use Asset 57M USD -14.9%
Intangible Assets, Net (Excluding Goodwill) 393M USD -6.65%
Goodwill 483M USD -1.43%
Other Assets, Noncurrent 146M USD -41.4%
Assets 3.87B USD +0.1%
Accounts Payable, Current 572M USD
Employee-related Liabilities, Current 5M USD -54.5%
Accrued Liabilities, Current 9M USD
Contract with Customer, Liability, Current 0 USD
Liabilities, Current 1.01B USD +6.13%
Contract with Customer, Liability, Noncurrent 11M USD
Deferred Income Tax Liabilities, Net 63M USD +14.5%
Operating Lease, Liability, Noncurrent 43M USD -20.4%
Other Liabilities, Noncurrent 168M USD -6.15%
Liabilities 2.13B USD +13.3%
Accumulated Other Comprehensive Income (Loss), Net of Tax -172M USD -182%
Retained Earnings (Accumulated Deficit) 29M USD
Stockholders' Equity Attributable to Parent 1.75B USD -12.3%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 1.75B USD
Liabilities and Equity 3.87B USD +0.1%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 31M USD
Net Cash Provided by (Used in) Financing Activities -41M USD -1267%
Net Cash Provided by (Used in) Investing Activities -42M USD -10.5%
Common Stock, Shares Authorized 200M shares 0%
Common Stock, Shares, Issued 47M shares
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -40M USD +42.9%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 339M USD +59.2%
Deferred Tax Assets, Valuation Allowance 413M USD -13.6%
Deferred Tax Assets, Gross 568M USD -25.1%
Operating Lease, Liability 66M USD
Depreciation 34M USD 0%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -5M USD -112%
Lessee, Operating Lease, Liability, to be Paid 70M USD
Operating Lease, Liability, Current 17M USD +6.25%
Lessee, Operating Lease, Liability, to be Paid, Year Two 17M USD
Lessee, Operating Lease, Liability, to be Paid, Year One 19M USD
Operating Lease, Weighted Average Discount Rate, Percent 0.03 pure +52.6%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 4M USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 15M USD
Deferred Tax Assets, Operating Loss Carryforwards 252M USD -46.8%
Unrecognized Tax Benefits 11M USD -68.6%
Lessee, Operating Lease, Liability, to be Paid, Year Four 13M USD
Additional Paid in Capital 2.02B USD
Amortization of Intangible Assets 28M USD 0%
Deferred Tax Assets, Net of Valuation Allowance 155M USD -44.6%