PHINIA Inc. (PHIN)
Interest coverage
| Dec 31, 2023 | ||
|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 376,000 |
| Interest expense | US$ in thousands | 56,000 |
| Interest coverage | 6.71 |
December 31, 2023 calculation
Interest coverage = EBIT ÷ Interest expense
= $376,000K ÷ $56,000K
= 6.71
Peer comparison
Dec 31, 2023
Company name
Symbol
Interest coverage
PHINIA Inc.
PHIN
6.71
Adient PLC
ADNT
1.27
American Axle & Manufacturing
AXL
0.88
Aptiv PLC
APTV
4.54
Autoliv Inc
ALV
7.57
BorgWarner Inc
BWA
12.89
Dana Inc
DAN
2.03
Dorman Products Inc
DORM
4.51
Gentex Corporation
GNTX
—
Gentherm Inc
THRM
2,765.68
LCI Industries
LCII
3.05