Can Phinia cover its short-term obligations?

Its current ratio is 1.82 — current assets exceed current liabilities.

Where does Phinia's balance sheet data come from?

Every line is extracted from Phinia's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Phinia PHIN Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Cash and cash equivalents	$328M-12.1%	$359M-25.8%	$349M-26.8%	$347M+2.4%	$373M+14.8%
Accounts receivable, net	$818M-2.2%	$804M-1.6%	$898M-2.4%	$905M-6.1%	$836M-18.3%
Income taxes receivable	$47M+62.1%	$35M+9.4%	$63M+50.0%	$37M-11.9%	$29M-19.4%
Raw materials	$245M+2.1%	$238M+1.7%	$264M+3.5%	$250M-2.3%	$240M-9.1%
Work in process	$45M-2.2%	$47M+17.5%	$46M+2.2%	$50M+6.4%	$46M-9.8%
Finished goods	$199M+3.1%	$188M+10.6%	$213M+14.5%	$201M+19.6%	$193M+10.9%
Total current assets	$1.77B-1.2%	$1.76B-4.3%	$1.92B-2.9%	$1.87B+0.8%	$1.79B-6.5%
Property and equipment, net	$854M+1.1%	$876M+3.9%	$864M-2.0%	$871M+0.1%	$845M-4.8%
Accumulated depreciation	$214M+20.2%	$207M+22.5%	$199M+19.9%	$191M+22.4%	$178M+18.7%
Operating lease right-of-use assets	$45M-11.8%	$48M-11.1%	$52M-5.5%	$50M-12.3%	$51M-13.6%
Goodwill	$510M+5.4%	$509M+8.1%	$509M+2.6%	$505M+4.6%	$484M-1.4%
Intangible assets, net	$238M+2.1%	$248M-33.7%	$256M+2.0%	$236M-6.0%	$233M-10.7%
Deferred tax assets	$26M+189%	$25M+213%	$25M+56.3%	$22M+57.1%	$9M-35.7%
Other non-current assets	$9M-60.9%	$8M-63.6%	$20M-23.1%	$24M+4.3%	$23M-20.7%
Long-term investments	$155M+29.2%	$145M+30.6%	$154M+23.2%	$126M+2.4%	$120M0.0%
Total investments	$4M0.0%	$5M0.0%	$5M+25.0%	$5M+25.0%	$4M0.0%
Total assets	$3.8B+1.4%	$3.82B+1.3%	$3.99B-0.9%	$3.89B+0.5%	$3.75B-5.8%
Accounts payable	$525M-3.8%	$510M-2.3%	$627M+6.6%	$571M-0.2%	$546M-10.8%
Accrued expenses	$51M+1,175%	$54M-87.2%	$3M-40.0%	$4M-20.0%	$4M-42.9%
Deferred revenue	$10M—	$7M+133%	$7M—	$6M—	——
Current portion of long-term debt	$23M-8.0%	$2M—	$2M—	$25M—	$25M-66.7%
Operating lease liabilities, current	$19M+11.8%	$19M+11.8%	$19M+11.8%	$18M+5.9%	$17M0.0%
Finance Lease Liability, Current	——	——	——	——	——
Short-term borrowings	$23M—	$2M—	$2M—	——	——
Contract liabilities	$21M+31.3%	$18M+63.6%	$17M+70.0%	$15M+36.4%	$16M+23.1%
Income taxes payable	$26M-27.8%	$18M-48.6%	$36M-5.3%	$30M-50.8%	$36M-41.0%
Accrued interest	$31M—	$15M—	——	——	——
Total current liabilities	$970M+0.2%	$947M-2.3%	$1.12B+9.4%	$1.01B0.0%	$968M-13.7%
Long-term debt	$968M+0.4%	$967M+0.4%	$966M-2.1%	$965M+17.5%	$964M+36.5%
Operating lease liabilities, non-current	$28M-24.3%	$31M-20.5%	$35M-14.6%	$35M-18.6%	$37M-19.6%
Finance Lease Liabilities (Total)	$4M+33.3%	$4M+100%	$3M+50.0%	$3M+200%	$3M—
Operating Lease Liabilities (Total)	——	$50M-10.7%	——	——	——
Finance lease liabilities	$4M+33.3%	$3M+200%	$3M+50.0%	$3M+200%	$3M—
Other non-current liabilities	$177M+9.3%	$175M+16.7%	$192M+10.3%	$173M+3.0%	$162M-3.0%
Total liabilities	$2.25B+1.9%	$2.23B+1.6%	$2.4B+3.5%	$2.27B+6.6%	$2.21B+3.9%
Common stock	$1M0.0%	$1M0.0%	$1M0.0%	$1M0.0%	$1M0.0%
Additional paid-in capital	$1.97B+0.2%	$1.98B+0.1%	$1.98B+0.1%	$1.97B-2.2%	$1.97B-2.4%
Retained earnings	$158M+168%	$132M+200%	$97M+94.0%	$95M+228%	$59M+127%
Accumulated other comprehensive income (loss)	-$104M+37.3%	-$98M+54.8%	-$90M+21.7%	-$76M+55.8%	-$166M-8.5%
Treasury stock	$479M+46.5%	$426M+85.2%	$397M+92.7%	$367M+182%	$327M+679%
Total stockholders' equity	$1.55B+0.8%	$1.59B+0.8%	$1.59B-6.9%	$1.63B-6.9%	$1.54B-16.9%
Total liabilities and stockholders' equity	$3.8B+1.4%	$3.82B+1.3%	$3.99B-0.9%	$3.89B+0.5%	$3.75B-5.8%
Allowance for Doubtful Accounts	$6M-25.0%	$7M-22.2%	$7M-30.0%	$8M—	$8M—
Allowance for Doubtful Accounts Receivable (Current)	$6M-25.0%	$7M-22.2%	$7M-30.0%	$8M—	$8M—
Other current assets	$19M+46.2%	$16M+77.8%	$12M+33.3%	$12M+50.0%	$13M+44.4%
Raw materials and supplies inventory, gross	$245M+2.1%	$238M+1.7%	$264M+3.5%	$250M-2.3%	$240M-9.1%
Other Receivables	$60M+11.1%	$49M-7.5%	$65M+10.2%	$52M—	$54M—
Accumulated Goodwill Impairment Losses	——	$113M0.0%	——	——	——
Deferred Tax Assets and Other Non-Current Assets	$125M-4.6%	$127M-0.8%	$136M-8.1%	$133M-8.9%	$131M-17.6%
Equity Securities (FV-NI) - Non-Current	$4M0.0%	$5M0.0%	$5M+25.0%	$5M+25.0%	$4M0.0%
Equity Securities (Non-Current)	$4M0.0%	$5M0.0%	$5M+25.0%	$5M+25.0%	$4M0.0%
Finite Lived Intangible Assets - Gross	$452M+10.0%	$455M+12.9%	$455M+9.1%	$427M+4.9%	$411M0.0%
Intangible Assets Gross (Excluding Goodwill)	$601M+8.5%	$605M+11.4%	$605M+7.5%	$578M+5.3%	$554M+0.2%
Investments, Advances and Long-Term Receivables	$66M+20.0%	$60M+17.6%	$56M+16.7%	$59M+13.5%	$55M+12.2%
Net Investment in Lease	$45M-11.8%	$48M-11.1%	$52M-5.5%	$50M-12.3%	$51M-13.6%
Deferred tax assets	$61M+29.8%	$61M+41.9%	$54M-5.3%	$49M-12.5%	$47M-23.0%
Intangible assets — net	$238M+2.1%	$248M+6.0%	$256M+2.0%	$236M-6.0%	$233M-10.7%
Other intangible assets—net	$387M+2.9%	$398M+6.4%	$406M+2.3%	$387M-1.5%	$376M-6.7%
Investments and long-term receivables	$155M+29.2%	$145M+30.6%	$154M+23.2%	$126M+2.4%	$120M0.0%
Operating lease right-of-use assets	$45M-11.8%	$48M-11.1%	$52M-5.5%	$50M-12.3%	$51M-13.6%
Other non-current assets	$125M-4.6%	$127M-0.8%	$136M-8.1%	$133M-8.9%	$131M-17.6%
Property, plant and equipment, net	$854M+1.1%	$876M+3.9%	$864M-2.0%	$871M+0.1%	$845M-4.8%
Operating Lease Right-of-Use Assets in Other Assets	$45M-11.8%	$48M-11.1%	$52M-5.5%	$50M-12.3%	$51M-13.6%
Software and Technology Licenses, Net	$125M-4.6%	$127M-0.8%	$136M-8.1%	$133M-8.9%	$131M-17.6%
Accrued Progress Collections and Price Adjustments	$21M+31.3%	$18M+63.6%	$17M+70.0%	$15M+36.4%	$16M+23.1%
Contract Liabilities and Refund Liability	$11M+10.0%	$9M0.0%	$10M—	$10M—	$10M—
Accrued Income Taxes, Current	$26M-27.8%	$18M-48.6%	$36M-5.3%	$30M-50.8%	$36M-41.0%
Other accrued liabilities	$421M+6.0%	$434M+2.8%	$465M+7.1%	$409M-2.6%	$397M-5.5%
Current portion of accrued product warranty	$39M+21.9%	$35M-2.8%	$35M+25.0%	$34M+13.3%	$32M0.0%
Professional Service Fees Payable	$8M0.0%	$7M+16.7%	$11M+120%	$8M+167%	$8M+14.3%
Restructuring Reserve	$1M0.0%	——	$1M0.0%	——	$1M—
Standard Product Warranty Accrual	$76M+24.6%	$74M+21.3%	$72M+33.3%	$66M+24.5%	$61M+10.9%
Contract Liabilities, Non-Current	$21M+31.3%	$18M+63.6%	$17M+70.0%	$15M+36.4%	$16M+23.1%
Defined Benefit Pension Plan Liabilities (Non-Current)	$137M+17.1%	$141M+25.9%	$125M-8.8%	$124M-6.1%	$117M-12.0%
Deferred revenue, net of current portion	$21M+31.3%	$18M+63.6%	$17M+70.0%	$15M+36.4%	$16M+23.1%
Other Accounts Payable and Accrued Liabilities	$51M0.0%	$54M+8.0%	$47M-23.0%	$49M-22.2%	$51M-13.6%
Retirement and nonpension postretirement benefit obligations	$137M+17.1%	$141M+25.9%	$125M-8.8%	$124M-6.1%	$117M-12.0%
Total debt	$1.04B-0.4%	$1.02B+0.2%	$1.03B-2.1%	$1.05B+18.6%	$1.05B+23.9%
Cumulative Gross Losses and Impairments	——	$113M0.0%	——	——	——
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively	$1M0.0%	$1M0.0%	$1M0.0%	$1M0.0%	$1M0.0%
Number of Countries of Operation	2,000%—	——	——	——	——
Accrued freight	$11M-31.3%	$11M-35.3%	$16M-20.0%	$17M-15.0%	$16M-23.8%
Professional service fees	$8M0.0%	$7M+16.7%	$11M+120%	$8M+167%	$8M+14.3%
Supplier related	$11M+10.0%	$11M+37.5%	$14M0.0%	$11M-15.4%	$10M-23.1%
Uncertain tax positions	$17M+21.4%	$18M+157%	$17M—	$16M—	$14M—
Accounts Receivable, Allowance for Credit Loss	$6M-25.0%	$7M-22.2%	$7M-30.0%	$8M—	$8M—
Customer incentive payments	$10M0.0%	$10M+11.1%	$10M0.0%	$10M0.0%	$10M0.0%
Unbilled revenue	$638M+4.9%	$621M+8.2%	$673M+6.3%	$666M—	$608M—
Right of return assets	$8M0.0%	$9M+12.5%	$8M+14.3%	$7M0.0%	$8M0.0%
Estimated rate refund liabilities	$11M+10.0%	$9M0.0%	$10M—	$10M—	$10M—
Customer related	$93M+17.7%	$118M+20.4%	$103M-15.6%	$85M-21.3%	$79M-29.5%
Deferred engineering	$6M+50.0%	$0-100%	$5M+25.0%	$10M—	$4M+100%
Deferred income taxes	$55M-8.3%	$53M-3.6%	$67M-1.5%	$58M-7.9%	$60M0.0%
Deferred Tax and Other Liabilities, Noncurrent	$26M+189%	$25M+213%	$25M+56.3%	$22M+57.1%	$9M-35.7%
Number of locations (over)	40—	——	——	——	——
Finite-Lived Intangible Assets, Accumulated Amortization	$214M+20.2%	$207M+22.5%	$199M+19.9%	$191M+22.4%	$178M+18.7%
Gross Carrying Amount	$452M+10.0%	$455M+12.9%	$455M+9.1%	$427M+4.9%	$411M0.0%
Goodwill, Gross	——	$622M+6.5%	——	——	——
Goodwill accumulated impairment losses	——	$113M0.0%	——	——	——
Indefinite lived intangible assets	$149M+4.2%	$150M+7.1%	$150M+2.7%	$151M+6.3%	$143M+0.7%
Indefinite- lived intangible impairment	$601M+8.5%	$605M+11.4%	$605M+7.5%	$578M+5.3%	$554M+0.2%
Due from Former Parent	$18M+500%	$17M+467%	$31M+72.2%	$3M-82.4%	$3M-82.4%
Long-term receivables	$67M+15.5%	$63M+21.2%	$62M+12.7%	$59M+18.0%	$58M+16.0%
Number of countries in which Visa operates (more than)	$20—	——	——	——	——
Other Employee Related Liabilities Current	$80M+2.6%	$105M-0.9%	$99M+5.3%	$86M-1.1%	$78M-1.3%
Other receivables	$60M+11.1%	$49M-7.5%	$65M+10.2%	$52M—	$54M—
Prepaid customer tooling	$16M-20.0%	$23M+64.3%	$20M+233%	$24M+380%	$20M+400%
Prepaid engineering	$26M+44.4%	$27M+42.1%	$23M+76.9%	$20M+122%	$18M+200%
Prepaid Insurance	$4M0.0%	$4M0.0%	$6M0.0%	$3M+50.0%	$4M+100%
Prepaid software	$15M+25.0%	$12M+20.0%	$11M+10.0%	$11M+22.2%	$12M0.0%
Long-term portion of accrued product warranty	$37M+27.6%	$39M+56.0%	$37M+42.3%	$32M+39.1%	$29M+26.1%
Due from Former Parent	$49M-30.0%	$51M-36.3%	$56M-45.1%	$85M—	$70M—
Restructuring Reserve	$4M-33.3%	$6M0.0%	$5M-28.6%	——	$6M—
Severance accrual, current	$3M-40.0%	——	$4M-33.3%	——	$5M—
Restructuring liability – non-current portion	$1M0.0%	——	$1M0.0%	——	$1M—
Short-term borrowings and current portion of long-term debt	$24M-4.0%	$3M-88.0%	$26M—	$25M+92.3%	$25M-72.2%
Standard Product Warranty Accrual	$76M+24.6%	$74M+21.3%	$72M+33.3%	$66M+24.5%	$61M+10.9%
Value added tax receivable	$77M-31.3%	$90M-24.4%	$111M-18.4%	$110M—	$112M—

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Questions, answered.

Can Phinia cover its short-term obligations?: Its current ratio is 1.82 — current assets exceed current liabilities.
Where does Phinia's balance sheet data come from?: Every line is extracted from Phinia's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.