Phillips Interest Expense from 2010 to 2026

PSX Stock  EUR 0.03  0.01  28.57%   
Phillips' Interest Expense is increasing over the last several years with stable swings. Interest Expense is predicted to flatten to about 393.3 K. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2010-12-31
Previous Quarter
414 K
Current Value
393.3 K
Quarterly Volatility
5.3 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Phillips financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Phillips' main balance sheet or income statement drivers, such as Interest Expense of 393.3 K, Selling General Administrative of 101.7 M or Total Revenue of 275.6 M, as well as many indicators such as . Phillips financial statements analysis is a perfect complement when working with Phillips Valuation or Volatility modules.
  
This module can also supplement various Phillips Technical models . Check out the analysis of Phillips Correlation against competitors.
The Interest Expense trend for Phillips 66 offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Phillips is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Phillips' Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Phillips 66 over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Phillips' Interest Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Phillips' overall financial position and show how it may be relating to other accounts over time.
Interest Expense10 Years Trend
Pretty Stable
   Interest Expense   
       Timeline  

Phillips Interest Expense Regression Statistics

Arithmetic Mean2,635,606
Geometric Mean0.00
Coefficient Of Variation199.93
Mean Deviation3,310,114
Median360,000
Standard Deviation5,269,342
Sample Variance27.8T
Range21.3M
R-Value0.21
Mean Square Error28.3T
R-Squared0.05
Significance0.41
Slope222,905
Total Sum of Squares444.3T

Phillips Interest Expense History

2026393.3 K
2025414 K
2024360 K
20234.3 M
20225.3 M
20214.7 M
20202.3 M

About Phillips Financial Statements

Phillips stakeholders use historical fundamental indicators, such as Phillips' Interest Expense, to determine how well the company is positioned to perform in the future. Although Phillips investors may analyze each financial statement separately, they are all interrelated. For example, changes in Phillips' assets and liabilities are reflected in the revenues and expenses on Phillips' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Phillips 66. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense414 K393.3 K

Currently Active Assets on Macroaxis

When determining whether Phillips 66 offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Phillips' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Phillips 66 Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Phillips 66 Stock:
Check out the analysis of Phillips Correlation against competitors.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
It's important to distinguish between Phillips' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Phillips should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Phillips' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.