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 - Q3 2024 - Oct 31, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 179 %
Quick Ratio 45 %
Debt-to-equity 121 %
Return On Equity 5.95 %
Return On Assets 2.69 %
Operating Margin 6.89 % -27.5%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 42.1M shares -9.91%
Common Stock, Shares, Outstanding 46.2M shares
Entity Public Float 0 USD
Common Stock, Value, Issued 1M USD 0%
Weighted Average Number of Shares Outstanding, Basic 43.1M shares -8.3%
Weighted Average Number of Shares Outstanding, Diluted 44.1M shares -6.17%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 3.5B USD +4.54%
Revenue from Contract with Customer, Excluding Assessed Tax 3.45B USD -6.36%
Research and Development Expense 110M USD +8.33%
Operating Income (Loss) 289M USD +17%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 208M USD -12.6%
Income Tax Expense (Benefit) 101M USD -29%
Net Income (Loss) Attributable to Parent 107M USD
Earnings Per Share, Basic 2.37 USD/shares -22.8%
Earnings Per Share, Diluted 2.33 USD/shares -24.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 477M USD
Inventory, Net 486M USD -8.13%
Other Assets, Current 9M USD -18.2%
Assets, Current 1.98B USD -6.97%
Deferred Income Tax Assets, Net 57M USD -1.72%
Operating Lease, Right-of-Use Asset 55M USD -14.1%
Intangible Assets, Net (Excluding Goodwill) 397M USD -3.41%
Goodwill 496M USD +2.06%
Other Assets, Noncurrent 148M USD -1.99%
Assets 4.02B USD -3.99%
Accounts Payable, Current 588M USD -28%
Employee-related Liabilities, Current 5M USD -50%
Accrued Liabilities, Current 19M USD
Contract with Customer, Liability, Current 0 USD
Liabilities, Current 1.02B USD -22.6%
Contract with Customer, Liability, Noncurrent 10M USD +66.7%
Deferred Income Tax Liabilities, Net 68M USD +13.3%
Operating Lease, Liability, Noncurrent 41M USD -19.6%
Other Liabilities, Noncurrent 174M USD +1.75%
Liabilities 2.32B USD +0.91%
Accumulated Other Comprehensive Income (Loss), Net of Tax -115M USD -4.55%
Retained Earnings (Accumulated Deficit) 50M USD
Stockholders' Equity Attributable to Parent 1.7B USD -9.94%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 1.7B USD
Liabilities and Equity 4.02B USD -3.99%

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 477M USD +30%
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 88M USD
Lessee, Operating Lease, Liability, to be Paid 70M USD
Operating Lease, Liability, Current 17M USD 0%
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 1.97B USD -2.42%
Amortization of Intangible Assets 28M USD 0%
Deferred Tax Assets, Net of Valuation Allowance 155M USD -44.6%