Phillips 66 Total Liabilities
Phillips 66 total liabilities. Based on the latest financial reports, Phillips 66 (PSX) has total liabilities worth $49.11 Billion USD as of June 2026. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Check Phillips 66 liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Total Liabilities of Phillips 66 (2009–2025)
Total liabilities of Phillips 66 from 2009 to 2025. This chart illustrates how Phillips 66's total liabilities have evolved over time, based on quarterly financial data. Explore how much of Phillips 66's assets are long-term investments to see how much of total assets are deployed in long-term investments.
Phillips 66 Competitors by Total Liabilities
The table below lists competitors of Phillips 66 ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Medtronic PLC
XETRA:2M6
|
Germany | €42.96 Billion |
|
Suncor Energy Inc
TO:SU
|
Canada | CA$46.59 Billion |
|
Barclays PLC
MX:BCSN
|
Mexico | MX$1.65 Trillion |
|
Equinor ASA
F:DNQA
|
Germany | €97.77 Billion |
|
AMERICA MOVIL SAB DE CV
MX:AMXB
|
Mexico | MX$1.37 Trillion |
|
Freeport-McMoran Copper & Gold Inc
NYSE:FCX
|
USA | $27.50 Billion |
|
China Petroleum & Chemical Corp Class A
SHG:600028
|
China | CN¥1.23 Trillion |
|
Postal Savings Bank of China Co Ltd
SHG:601658
|
China | CN¥17.67 Trillion |
Liability Composition Analysis (2009–2025)
This chart breaks down Phillips 66's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the complete balance sheet picture, see balance sheet size of Phillips 66.
Liquidity & Leverage Metrics
Phillips 66 Total Liabilities Ratios Explained
Phillips 66 total liabilities ratios compare its liabilities with its current assets, cash and shareholder equity.
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.32 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 1.56 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.60 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Phillips 66's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Phillips 66 (2009–2025)
The table below shows the annual total liabilities of Phillips 66 from 2009 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-12-31 | $43.44 Billion | -1.54% |
| 2024-12-31 | $44.12 Billion | +0.61% |
| 2023-12-31 | $43.85 Billion | +3.58% |
| 2022-12-31 | $42.34 Billion | +24.68% |
| 2021-12-31 | $33.96 Billion | +2.29% |
| 2020-12-31 | $33.20 Billion | +5.22% |
| 2019-12-31 | $31.55 Billion | +16.21% |
| 2018-12-31 | $27.15 Billion | +0.76% |
| 2017-12-31 | $26.94 Billion | -3.53% |
| 2016-12-31 | $27.93 Billion | +13.33% |
| 2015-12-31 | $24.64 Billion | -7.72% |
| 2014-12-31 | $26.70 Billion | -2.56% |
| 2013-12-31 | $27.41 Billion | +0.51% |
| 2012-12-31 | $27.27 Billion | +36.90% |
| 2011-12-31 | $19.92 Billion | +5.22% |
| 2010-12-31 | $18.93 Billion | +18.75% |
| 2009-12-31 | $15.94 Billion | -- |
About Phillips 66
Phillips 66 operates as an integrated downstream energy provider in the United States, the United Kingdom, Germany, and internationally. It operates through five segments: Midstream, Chemicals, Refining, Marketing and Specialties (M&S), and Renewable Fuels. The Midstream segment provides crude oil and refined petroleum product transportation, terminaling, and storage services, as well as natural … Read more