Phinia Inc (PHIN)
41.02
-0.28
(-0.68%)
USD |
NYSE |
May 03, 16:00
42.06
+1.04
(+2.54%)
After-Hours: 20:00
Phinia Debt to Equity Ratio: 0.4303 for March 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| March 31, 2024 | 0.4303 |
| December 31, 2023 | 0.4229 |
| September 30, 2023 | 0.4228 |
| Date | Value |
|---|---|
| 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
0.459
Maximum
Mar 2023
0.3039
Average
0.4229
Median
Debt to Equity Ratio Benchmarks
| American Axle & Mfg Holdings Inc | 4.578 |
| BorgWarner Inc | 0.6403 |
| Lear Corp | 0.5662 |
| Visteon Corp | 0.3165 |
| Commercial Vehicle Group Inc | 0.8183 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 3.978B |
| Total Liabilities (Quarterly) | 2.128B |
| Shareholders Equity (Quarterly) | 1.85B |
| Current Ratio | 1.709 |
| Net Debt Paydown Yield | -7.54% |