PHINIA Inc. (PHIN)
Cash ratio
| Dec 31, 2023 | ||
|---|---|---|
| Cash and cash equivalents | US$ in thousands | 365,000 |
| Short-term investments | US$ in thousands | — |
| Total current liabilities | US$ in thousands | 1,148,000 |
| Cash ratio | 0.32 |
December 31, 2023 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($365,000K
+ $—K)
÷ $1,148,000K
= 0.32
Peer comparison
Dec 31, 2023
Company name
Symbol
Cash ratio
PHINIA Inc.
PHIN
0.32
Adient PLC
ADNT
0.26
American Axle & Manufacturing
AXL
0.43
Aptiv PLC
APTV
0.34
Autoliv Inc
ALV
0.12
BorgWarner Inc
BWA
0.42
Dana Inc
DAN
0.20
Dorman Products Inc
DORM
0.08
Gentex Corporation
GNTX
0.89
Gentherm Inc
THRM
0.46
LCI Industries
LCII
0.17