Phinia Inc. financial data

Symbol
PHIN on NYSE
Industry
Motor Vehicle Parts & Accessories
Location
3000 University Drive, Auburn Hills, Michigan
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
Q1 2024 - Apr 25, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 168 %
Quick Ratio 44.6 %
Debt-to-equity 111 %
Return On Equity 5.04 %
Return On Assets 2.39 %
Operating Margin 6.89 % -27.5%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 45.7M shares
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 46.1M shares -1.92%
Weighted Average Number of Shares Outstanding, Diluted 46.5M shares -1.06%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 3.5B USD +4.54%
Revenue from Contract with Customer, Excluding Assessed Tax 3.53B USD +3.35%
Research and Development Expense 106M USD -6.9%
Operating Income (Loss) 254M USD -16.7%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 204M USD -37.6%
Income Tax Expense (Benefit) 108M USD +17.4%
Net Income (Loss) Attributable to Parent 96M USD -17.1%
Earnings Per Share, Basic 2.06 USD/shares -59.7%
Earnings Per Share, Diluted 2.04 USD/shares -60.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 325M USD
Inventory, Net 489M USD
Other Assets, Current 9M USD
Assets, Current 1.92B USD
Deferred Income Tax Assets, Net 61M USD
Operating Lease, Right-of-Use Asset 59M USD
Intangible Assets, Net (Excluding Goodwill) 403M USD
Goodwill 491M USD
Other Assets, Noncurrent 159M USD
Assets 3.98B USD
Accounts Payable, Current 612M USD
Employee-related Liabilities, Current 7M USD
Contract with Customer, Liability, Current 0 USD
Liabilities, Current 1.12B USD
Contract with Customer, Liability, Noncurrent 13M USD
Deferred Income Tax Liabilities, Net 60M USD
Operating Lease, Liability, Noncurrent 46M USD
Other Liabilities, Noncurrent 167M USD
Liabilities 2.13B USD
Accumulated Other Comprehensive Income (Loss), Net of Tax -153M USD
Retained Earnings (Accumulated Deficit) 26M USD
Stockholders' Equity Attributable to Parent 1.85B USD +3.24%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 1.85B USD
Liabilities and Equity 3.98B USD

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 325M USD +79.6%
Interest Paid, Excluding Capitalized Interest, Operating Activities 26M USD +100%
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 59M USD -47.3%
Lessee, Operating Lease, Liability, to be Paid 70M USD
Operating Lease, Liability, Current 17M USD
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%
Deferred Income Tax Expense (Benefit) 32M USD +28%
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%
Deferred Federal Income Tax Expense (Benefit) -14M USD -16.7%
Current Income Tax Expense (Benefit) 72M USD +20%
Unrecognized Tax Benefits 11M USD -68.6%
Lessee, Operating Lease, Liability, to be Paid, Year Four 13M USD
Operating Lease, Payments 20M USD -4.76%
Additional Paid in Capital 2.02B USD
Current State and Local Tax Expense (Benefit) 2M USD +100%
Current Federal Tax Expense (Benefit) 22M USD -21.4%
Amortization of Intangible Assets 28M USD 0%
Depreciation, Depletion and Amortization 170M USD 0%
Deferred Tax Assets, Net of Valuation Allowance 155M USD -44.6%
Share-based Payment Arrangement, Expense 1M USD -50%
Deferred State and Local Income Tax Expense (Benefit) -2M USD -100%