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
Peer comparison
Dec 31, 2024
Company name
Symbol
Current ratio
PHINIA Inc.
PHIN
1.90
American Axle & Manufacturing
AXL
1.63
Aptiv PLC
APTV
1.53
BorgWarner Inc
BWA
1.79
Dana Inc
DAN
0.28
Dorman Products Inc
DORM
2.43
Gentherm Inc
THRM
2.01
LCI Industries
LCII
2.82
Lear Corporation
LEA
1.32
Patrick Industries Inc
PATK
2.33
Standard Motor Products Inc
SMP
2.11