PHINIA Inc. (PHIN)

Current ratio

Dec 31, 2024 Dec 31, 2023
Total current assets US$ in thousands 1,841,000 1,927,000
Total current liabilities US$ in thousands 969,000 1,148,000
Current ratio 1.90 1.68

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $1,841,000K ÷ $969,000K
= 1.90