Phillips Interest Coverage from 2010 to 2024

PSX Stock  USD 133.35  0.90  0.67%   
Phillips Interest Coverage yearly trend continues to be fairly stable with very little volatility. Interest Coverage will likely drop to 8.23 in 2024. During the period from 2010 to 2024, Phillips Interest Coverage regression line of annual values had significance of  0.02 and arithmetic mean of  41.29. View All Fundamentals
 
Interest Coverage  
First Reported
2010-12-31
Previous Quarter
8.66090713
Current Value
8.23
Quarterly Volatility
84.55860878
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 Depreciation And Amortization of 2.1 B, Interest Expense of 972.3 M or Total Revenue of 104.9 B, as well as many indicators such as Price To Sales Ratio of 0.26, Dividend Yield of 0.0246 or PTB Ratio of 1.32. Phillips financial statements analysis is a perfect complement when working with Phillips Valuation or Volatility modules.
  
Check out the analysis of Phillips Correlation against competitors.

Latest Phillips' Interest Coverage Growth Pattern

Below is the plot of the Interest Coverage of Phillips 66 over the last few years. It is Phillips' Interest Coverage 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 Coverage10 Years Trend
Slightly volatile
   Interest Coverage   
       Timeline  

Phillips Interest Coverage Regression Statistics

Arithmetic Mean41.29
Coefficient Of Variation204.78
Mean Deviation55.44
Median9.85
Standard Deviation84.56
Sample Variance7,150
Range250
R-Value(0.60)
Mean Square Error4,961
R-Squared0.36
Significance0.02
Slope(11.28)
Total Sum of Squares100,102

Phillips Interest Coverage History

2024 8.23
2023 8.66
2022 19.85
2021 6.32
2020 -0.55
2019 11.44
2018 9.85

About Phillips Financial Statements

Phillips investors use historical fundamental indicators, such as Phillips' Interest Coverage, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Phillips. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Coverage 8.66  8.23 

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Additional Tools for Phillips Stock Analysis

When running Phillips' price analysis, check to measure Phillips' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Phillips is operating at the current time. Most of Phillips' value examination focuses on studying past and present price action to predict the probability of Phillips' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Phillips' price. Additionally, you may evaluate how the addition of Phillips to your portfolios can decrease your overall portfolio volatility.