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FRONU (Frontier Acquisition) Cash-to-Debt : No Debt (1) (As of Sep. 2022)


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What is Frontier Acquisition Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Frontier Acquisition's cash to debt ratio for the quarter that ended in Sep. 2022 was No Debt (1).

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Frontier Acquisition could pay off its debt using the cash in hand for the quarter that ended in Sep. 2022.

(1) Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The historical rank and industry rank for Frontier Acquisition's Cash-to-Debt or its related term are showing as below:

FRONU' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt

During the past 1 years, Frontier Acquisition's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

FRONU's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 6.66 vs FRONU: No Debt

Frontier Acquisition Cash-to-Debt Historical Data

The historical data trend for Frontier Acquisition's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Frontier Acquisition Cash-to-Debt Chart

Frontier Acquisition Annual Data
Trend Dec21
Cash-to-Debt
No Debt

Frontier Acquisition Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Cash-to-Debt Get a 7-Day Free Trial No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Frontier Acquisition's Cash-to-Debt

For the Shell Companies subindustry, Frontier Acquisition's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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 Acquisition's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Frontier Acquisition's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Frontier Acquisition's Cash-to-Debt falls into.



Frontier Acquisition Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Frontier Acquisition's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Frontier Acquisition had no debt (1).

Frontier Acquisition's Cash to Debt Ratio for the quarter that ended in Sep. 2022 is calculated as:

Frontier Acquisition had no debt (1).

* 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 Acquisition  (NAS:FRONU) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.


Frontier Acquisition Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Frontier Acquisition's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.


Frontier Acquisition Business Description

Traded in Other Exchanges
N/A
Address
660 Madison Avenue, 19th Floor, New York, NY, USA, 10065
Website
Frontier Acquisition Corp is a blank check company.
Executives
Falcon Edge Capital, Lp 10 percent owner 667 MADISON AVENUE, 19TH FLOOR, NEW YORK NY 10065
Rick Matthew Gerson director, officer: Co-President 70 GREENE STREET, APT. PH, NEW YORK NY 10012
Jonathan Christodoro director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Ryan Khoury officer: Co-President C/O PIONEER MERGER CORP., 660 MADISON AVENUE, NEW YORK NY 10065
Cathy Ann Weist officer: General Counsel and Secretary C/O PIONEER MERGER CORP., 660 MADISON AVENUE, NEW YORK NY 10065
Matthew Corey officer: Chief Financial Officer C/O PIONEER MERGER CORP., 660 MADISON AVENUE, NEW YORK NY 10065
Scott Christopher Carpenter officer: Chief Operating Officer C/O PIONEER MERGER CORP., 660 MADISON AVENUE, NEW YORK NY 10065
Christian Angermayer director, officer: Chief Executive Officer BLOCK A, APT.12, IL-PIAZZETTA, TOWER ROAD, SLIEMA O1 SLM1605
David Sinclair director C/O SIRTRIS PHARMACEUTICALS, INC., 790 MEMORIAL DRIVE, SUITE 104, CAMBRIDGE MA 02139
Frontier Acquisition Sponsor Llc 10 percent owner C/O FALCON EDGE CAPITAL, 660 MADISON AVENUE, NEW YORK NY 10065
Peter Attia director C/O PIONEER MERGER CORP., 660 MADISON AVENUE, NEW YORK NY 10065