Phinia Inc (PHIN)
54.19
+1.45
(+2.75%)
USD |
NYSE |
Nov 21, 16:00
54.23
+0.04
(+0.07%)
Pre-Market: 20:00
Phinia Debt to Equity Ratio: 0.5781 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 0.5781 |
| June 30, 2024 | 0.4774 |
| March 31, 2024 | 0.4303 |
| December 31, 2023 | 0.4229 |
| Date | Value |
|---|---|
| September 30, 2023 | 0.4228 |
| June 30, 2023 | 0.0126 |
| March 31, 2023 | 0.459 |
| December 31, 2022 | 0.0761 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.0126
Minimum
Jun 2023
0.5781
Maximum
Sep 2024
0.3599
Average
0.4266
Median
Debt to Equity Ratio Benchmarks
| Dorman Products Inc | 0.4338 |
| Gentex Corp | 0.00 |
| Monro Inc | 0.0951 |
| Motorcar Parts of America Inc | 0.5949 |
| Strattec Security Corp | 0.064 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 4.024B |
| Total Liabilities (Quarterly) | 2.32B |
| Shareholders Equity (Quarterly) | 1.704B |
| Current Ratio | 1.934 |
| Net Debt Paydown Yield | -9.55% |