What is Phinia's finance lease liability, current?

Phinia (PHIN) reported finance lease liability, current of $1M in Q4 2024.

What does finance lease liability, current mean?

Finance lease liabilities (current) represent the portion of lease obligations that are due to be paid within the next twelve months. These obligations arise from long-term contracts where the company effectively controls the leased asset. This metric is critical for assessing near-term liquidity and cash flow requirements.

Phinia PHIN Finance Lease Liability, Current

Finance Lease Liability, Current at other companies

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$1.1M+22.2%

Rush EnterprisesRUSHB

$32.04M-16.8%

Plug PowerPLUG

$10.1M-28.4%

WoodwardWWD

$1.06M+7.4%

Modine ManufacturingMOD

$500K0.0%

BorgWarnerBWA

$2M-33.3%

Other financials

Income statement

See full

Revenue$878.0M+10.3%

Gross profit$188.0M+9.3%

Operating income$69.0M+11.3%

Net income$37.0M+42.3%

EPS (diluted)$0.96+52.4%

Balance sheet

See full

Cash & equivalents$328.0M-12.1%

Total debt$1.0B-0.4%

Total equity$1.5B+0.8%

Total assets$3.8B+1.4%

Cash flow

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Operating cash flow$53.0M+32.5%

CapEx$32.0M-8.6%

Free cash flow$21.0M+320%

Valuation

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Market cap$2.98B+49.8%

Enterprise value$3.69B+37.6%

P/E21.1×-5.0×

P/S0.8×+0.2×

Profitability

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Gross margin21.8%-0.2pp

Operating margin7.3%-0.2pp

Net margin4%+1.7pp

FCF margin5.7%-0.9pp

Returns & leverage

See full

Return on equity9.1%+4.7pp

Debt / equity0.7×0.0×

Current ratio1.8×0.0×

Where this comes from

Reported directly by Phinia in its filing.

Tagged under the XBRL concept us-gaap:FinanceLeaseLiabilityCurrent.

The official record: Phinia’s 10-K, filed February 13, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Phinia's finance lease liability, current?: Phinia (PHIN) reported finance lease liability, current of $1M in Q4 2024.
What does finance lease liability, current mean?: Finance lease liabilities (current) represent the portion of lease obligations that are due to be paid within the next twelve months. These obligations arise from long-term contracts where the company effectively controls the leased asset. This metric is critical for assessing near-term liquidity and cash flow requirements.