FTRPR.PFD (Frontier Communications) Cash-to-Debt : 0.36 (As of Mar. 2021)

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What is Frontier Communications 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 Communications's cash to debt ratio for the quarter that ended in Mar. 2021 was 0.36.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Frontier Communications couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2021.

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

FTRPR.PFD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.04 Max: 0.36
Current: 0.36

During the past 13 years, Frontier Communications's highest Cash to Debt Ratio was 0.36. The lowest was 0.01. And the median was 0.04.

FTRPR.PFD's Cash-to-Debt is not ranked
in the Telecommunication Services industry.
Industry Median: 0.31 vs FTRPR.PFD: 0.36

Frontier Communications Cash-to-Debt Historical Data

The historical data trend for Frontier Communications'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 Communications Cash-to-Debt Chart

Frontier Communications Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Cash-to-Debt

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0.03

0.02

0.04

0.32

Frontier Communications Quarterly Data
	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Cash-to-Debt	Get a 7-Day Free Trial															0.05	0.36	0.31	0.32	0.36

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

For the Telecom Services subindustry, Frontier Communications'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 Communications's Cash-to-Debt Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Frontier Communications's Cash-to-Debt distribution charts can be found below:

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

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Frontier Communications 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 Communications's Cash to Debt Ratio for the fiscal year that ended in Dec. 2020 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1829	/	(5781	+	0)
	=	0.32

Frontier Communications's Cash to Debt Ratio for the quarter that ended in Mar. 2021 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	2107	/	(5782	+	0)
	=	0.36

Frontier Communications (NAS:FTRPR.PFD) 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 Communications Cash-to-Debt Related Terms

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

Frontier Communications Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Frontier Communications Corp (NAS:FTRPR.PFD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

401 Merritt 7, Norwalk, CT, USA, 06851

Website

https://www.frontier.com

Frontier Communications Corp is a provider of communications services for consumer and commercial customers in the United States. The portfolio of its services includes Data and Internet services, Video services, Voice services including both the regulated and unregulated voices, Access services, and Advanced Hardware and Network Solutions.

Executives

Sheldon Bruha	officer: Chief Financial Officer	401 MERRITT 7, NORWALK CT 06851
John Maduri	officer: EVP, Chief Customer Officer	401 MERRITT 7, NORWALK CT 06851
Steve Gable	officer: EVP, Chief Technology Officer	FRONTIER COMMUNICATIONS, 401 MERRITT 7, NORWALK CT 06851
Mark D Nielsen	officer: EVP and Chief Legal Officer	FRONTIER COMMUNICATIONS, 401 MERRITT 7, NORWALK CT 06851
Donald Daniels	officer: SVP & Chief Accounting Officer	FRONTIER COMMUNICATIONS, 401 MERRITT 7, NORWALK CT 06851
Kenneth Arndt	officer: EVP, Chief Operations Officer	401 MERRITT 7, NORWALK CT 06851
Elisa Bannon-jones	officer: EVP, Chief HR Officer	401 MERRITT 7, NORWALK CT 06851
Bernard L Han	director, officer: President and CEO	DISH NETWORK CORPORATION, 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Mohsin Y Meghji	director	C/O LOUGHLIN MEGHJI + COMPANY, NEW YORK NY 10016
Paul Keglevic	director	STELLUS CAPITAL, 10000 MEMORIAL DRIVE STE 500, HOUSTON TX 77024
Kevin L Beebe	director	ONE ALLIED DRIVE, LITTLE ROCK AR 72202
Reeve Pamela D A	director	C/O AMERICAN TOWER CORPORATION, 116 HUNTINGTON AVE, BOSTON MA 02116
Diana Sue Ferguson	director	C/O SARA LEE CORP, 70 W MADISO ST, CHICAGO IL 60602
Virginia P Ruesterholz	director	140 WEST STREET, NEW YORK NY 10007
Mark S Shapiro	director	C/O RED ZONE LLC, 21300 REDSKIN PARK DRIVE, ASHBURN VA 20147