PHINIA
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of PHINIA generated cash of $250,000,000, which is less than the previous year. Cash used in financing activities reached the amount of $20,000,000 last year. Net change in cash is therefore $114,000,000.
Cash Flow
| 2020 | -97M | 369M | 2M |
|---|---|---|---|
| 2021 | 147M | -140M | -44M |
| 2022 | 303M | -105M | -185M |
| 2023 | 250M | -150M | 20M |
PHIN Cash Flow Statement (2020 – 2023)
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
Cash at beginning of period | 251M | 259M | 292M | 4M |
Operating activities | ||||
Net income | 102M | 262M | 153M | -124M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||
Depreciation and amortization | 171M | 170M | 204M | 62M |
Stock-based compensation expense | 10M | 11M | 11M | 3M |
| Deferred income tax benefit | 10M | 11M | 11M | 3M |
| Changes in operating assets and liabilities: | ||||
Accounts receivable, net | 79M | -105M | 17M | -39M |
Inventories | 0 | -60M | -84M | 4M |
Accounts payable | -95M | 16M | -96M | 45M |
Cash generated by operating activities | 250M | 303M | 147M | -97M |
Investing activities | ||||
Purchases Of Investments | -2M | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -150M | -107M | -146M | -54M |
Acquisitions Net | 0 | 2M | 6M | 422M |
Cash generated by investing activities | -150M | -105M | -140M | 369M |
Financing activities | ||||
Common Stock Issued | 0 | 0 | 0 | 0 |
Payments for dividends | -23M | 0 | 0 | 0 |
Repurchases of common stock | -24M | 0 | 0 | 0 |
Repayments of term debt | 87M | 22M | -178M | -112M |
Cash used in financing activities | 20M | -185M | -44M | 2M |
Net Change In Cash | 114M | -8M | -33M | 288M |
Cash at end of period | 365M | 251M | 259M | 292M |
| Data source |