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Frontier Group Holdings (FRA:0VN) Scaled Net Operating Assets : 0.70 (As of Mar. 2024)


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What is Frontier Group Holdings Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Frontier Group Holdings's operating assets for the quarter that ended in Mar. 2024 was €4,217 Mil. Frontier Group Holdings's operating liabilities for the quarter that ended in Mar. 2024 was €1,018 Mil. Frontier Group Holdings's Total Assets for the quarter that ended in Dec. 2023 was €4,579 Mil. Therefore, Frontier Group Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.70.


Frontier Group Holdings Scaled Net Operating Assets Historical Data

The historical data trend for Frontier Group Holdings's Scaled Net Operating Assets 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.

Frontier Group Holdings Scaled Net Operating Assets Chart

Frontier Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only - 0.60 0.75 0.67 0.73

Frontier Group Holdings Quarterly Data
Mar17 Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Scaled Net Operating Assets 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 0.61 0.61 0.70 0.67 0.70

Competitive Comparison of Frontier Group Holdings's Scaled Net Operating Assets

For the Airlines subindustry, Frontier Group Holdings's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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.


Frontier Group Holdings's Scaled Net Operating Assets Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Frontier Group Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Frontier Group Holdings's Scaled Net Operating Assets falls into.



Frontier Group Holdings Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Frontier Group Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(4020.128-941.759)/4247.056
=0.72

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4578.581 - 558.453
=4020.128

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4113.662 - 2438.303 - 733.6
=941.759

Frontier Group Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(4217.28-1017.52)/4578.581
=0.70

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4789.52 - 572.24
=4217.28

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4344.24 - 2544.72 - 782
=1017.52

* 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.


Frontier Group Holdings Scaled Net Operating Assets Related Terms

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Frontier Group Holdings (FRA:0VN) Business Description

Traded in Other Exchanges
Address
4545 Airport Way, Denver, CO, USA, 80239
Frontier Group Holdings Inc is an ultra low-cost carrier whose business is focused on Low Fares Done Right. The company owns fleet of 120 Airbus single-aisle aircraft, consisting of 13 A320ceos, 82 A320neos, 21 A321ceos and 4 A321neos. The use of these aircraft, its seating configuration, weight-saving tactics and baggage process have all contributed to ability to continue to be the fuel-efficient of all the U.S. The Company is managed as a single business unit that provides air transportation for passengers.

Frontier Group Holdings (FRA:0VN) Headlines

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