Is it safe?
Can PHIN take a bad year?
PHINIA Inc. carries $664M of net debt at 1.58× EBITDA: a load its earnings can carry.
$664M
Net debt · as at Q1 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 1.58×
Net debt / EBITDA · 1.52× a year ago · the load is going up
- Altman Z-score
- 2.28
Altman Z-score · grey zone, between 1.8 and 3
- Interest cover
- 3.18×
Interest cover · operating profit covers the interest bill, with room to spare
Details›
- Total debtQ1 2026
- $992M
- Cash and short-term investments
- $328M
- Net debt
- $664M
- EBITDA, trailing twelve months
- $421M
- Operating profit, trailing twelve months
- $261M
- Debt / equity
- 0.64×
- Total debt / EBITDA
- 2.36×
- Annualised volatilitytwo years of daily moves
- 35%
- Worst drawdown on file
- −35%
- Below its 52-week high
- −18%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.