PHINIA Inc. (PHIN) - Total Assets
Based on the latest financial reports, PHINIA Inc. (PHIN) holds total assets worth $3.80 Billion USD as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore PHIN debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
PHINIA Inc. - Total Assets Trend (2021–2025)
This chart illustrates how PHINIA Inc.'s total assets have evolved over time, based on quarterly financial data. See PHIN net assets for net asset value and shareholders' equity analysis.
PHINIA Inc. - Asset Composition Analysis
Current Asset Composition (December 2025)
PHINIA Inc.'s total assets of $3.80 Billion consist of 46.2% current assets and 53.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 9.4% |
| Accounts Receivable | $804.00 Million | 21.1% |
| Inventory | $473.00 Million | 12.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $398.00 Million | 10.4% |
| Goodwill | $509.00 Million | 13.3% |
Asset Composition Trend (2021–2025)
This chart illustrates how PHINIA Inc.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see PHINIA Inc. (PHIN) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: PHINIA Inc.'s current assets represent 46.2% of total assets in 2025, an increase from 38.8% in 2021.
- Cash Position: Cash and equivalents constituted 9.4% of total assets in 2025, up from 6.2% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 23.0% of total assets, an increase from 22.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 21.1% of total assets.
PHINIA Inc. Competitors by Total Assets
Key competitors of PHINIA Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
AUMOVIO N
XETRA:AMV0
|
Germany | €17.92 Billion |
|
IKD Co Ltd Class A
SHG:600933
|
China | CN¥17.85 Billion |
|
ADIENT PLC DL-001
F:18I
|
Germany | €8.77 Billion |
|
Balkrishna Industries Limited
NSE:BALKRISIND
|
India | Rs165.05 Billion |
|
JK Tyre & Industries Limited
NSE:JKTYRE
|
India | Rs159.96 Billion |
|
Kunshan Huguang Auto Harness Co Ltd
SHG:605333
|
China | CN¥8.27 Billion |
|
Zhejiang Wanliyang Transmission Co Ltd
SHE:002434
|
China | CN¥9.60 Billion |
PHINIA Inc. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.82 | 1.85 | 1.40 |
| Quick Ratio | 1.32 | 1.36 | 1.01 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $800.00 Million | $824.00 Million | $471.00 Million |
PHINIA Inc. - Advanced Valuation Insights
This section examines the relationship between PHINIA Inc.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.92 |
| Latest Market Cap to Assets Ratio | 0.77 |
| Asset Growth Rate (YoY) | 1.3% |
| Total Assets | $3.82 Billion |
| Market Capitalization | $2.93 Billion USD |
Valuation Analysis
Below Book Valuation: The market values PHINIA Inc.'s assets below their book value (0.77x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: PHINIA Inc.'s assets grew by 1.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for PHINIA Inc. (2021–2025)
The table below shows the annual total assets of PHINIA Inc. from 2021 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $3.82 Billion | +1.30% |
| 2024-12-31 | $3.77 Billion | -6.76% |
| 2023-12-31 | $4.04 Billion | -0.81% |
| 2022-12-31 | $4.07 Billion | -2.58% |
| 2021-12-31 | $4.18 Billion | -- |
About PHINIA Inc.
PHINIA Inc. engages in the development, design, and manufacture of integrated components and systems. The company operates through Fuel Systems and Aftermarket segments. The Fuel Systems segment provides advanced fuel injection systems, including pumps, injectors, fuel rail assemblies, and engine control modules; fuel delivery modules; canisters; sensors; and electronic control modules. This segm… Read more