PHINIA Inc. (PHIN)
Quick ratio
Dec 31, 2023 | ||
---|---|---|
Cash | US$ in thousands | 365,000 |
Short-term investments | US$ in thousands | — |
Receivables | US$ in thousands | 1,017,000 |
Total current liabilities | US$ in thousands | 1,148,000 |
Quick ratio | 1.20 |
December 31, 2023 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($365,000K
+ $—K
+ $1,017,000K)
÷ $1,148,000K
= 1.20
Peer comparison
Dec 31, 2023
Company name
Symbol
Quick ratio
PHINIA Inc.
PHIN
1.20
Adient PLC
ADNT
0.30
American Axle & Manufacturing
AXL
1.11
Aptiv PLC
APTV
1.14
Autoliv Inc
ALV
0.68
BorgWarner Inc
BWA
1.25
Dana Inc
DAN
0.85
Dorman Products Inc
DORM
1.04
Gentex Corporation
GNTX
2.07
Gentherm Inc
THRM
1.24
LCI Industries
LCII
0.71