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Frontline (OSTO:FROO) Debt-to-Revenue : 1.50 (As of Sep. 2023)


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What is Frontline Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Frontline's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was kr3,927 Mil. Frontline's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was kr20,289 Mil. Frontline's annualized Revenue for the quarter that ended in Sep. 2023 was kr16,176 Mil. Frontline's annualized Debt-to-Revenue for the quarter that ended in Sep. 2023 was 1.50.


Frontline Debt-to-Revenue Historical Data

The historical data trend for Frontline's Debt-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Frontline Debt-to-Revenue Chart

Frontline Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.47 2.16 1.80 3.17 1.67

Frontline Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.54 1.13 1.20 1.12 1.50

Competitive Comparison of Frontline's Debt-to-Revenue

For the Oil & Gas Midstream subindustry, Frontline's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Frontline's Debt-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Frontline's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Frontline's Debt-to-Revenue falls into.



Frontline Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Frontline's Debt-to-Revenue for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(2755.343 + 20894.752) / 14130.598
=1.67

Frontline's annualized Debt-to-Revenue for the quarter that ended in Sep. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(3926.581 + 20289.159) / 16176.496
=1.50

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Sep. 2023) Revenue data.


Frontline Debt-to-Revenue Related Terms

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Frontline (OSTO:FROO) Business Description

Address
8, John Kennedy Street, 7th floor, Iris House, Office 740B, Limassol, CYP, 3106
Frontline Plc is an international shipping company engaged in the seaborne transportation of crude oil and oil products. Group operates through the tankers segment. The tankers segment includes crude oil tankers and product tankers. Its geographical area of operation includes Arabian Gulf, West African, the North Sea, and the Caribbean. Frontline earns revenue through voyage charters, time charters, and a finance lease. It is also involved in the charter, purchase, and sale of vessels.

Frontline (OSTO:FROO) Headlines

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