Frontier Services Group (Frontier Services Group) Debt-to-Equity : 0.57 (As of Dec. 2023)

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What is Frontier Services Group Debt-to-Equity?

Frontier Services Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $27.6 Mil. Frontier Services Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.3 Mil. Frontier Services Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $49.0 Mil. Frontier Services Group's debt to equity for the quarter that ended in Dec. 2023 was 0.57.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

DVNHF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.63 Max: 1.15
Current: 0.57

During the past 13 years, the highest Debt-to-Equity Ratio of Frontier Services Group was 1.15. The lowest was 0.06. And the median was 0.63.

DVNHF's Debt-to-Equity is ranked worse than
50.51% of 883 companies
in the Transportation industry
Industry Median: 0.56 vs DVNHF: 0.57

Frontier Services Group Debt-to-Equity Historical Data

The historical data trend for Frontier Services Group's Debt-to-Equity 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.

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Frontier Services Group Debt-to-Equity Chart

Frontier Services Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.16

0.25

0.68

0.62

0.57

Frontier Services Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.68	0.73	0.62	0.52	0.57

Competitive Comparison of Frontier Services Group's Debt-to-Equity

For the Integrated Freight & Logistics subindustry, Frontier Services Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Services Group's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Frontier Services Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Frontier Services Group's Debt-to-Equity falls into.

Frontier Services Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Frontier Services Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(27.625	+	0.307)	/	49.031
	=	0.57

Frontier Services Group's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(27.625	+	0.307)	/	49.031
	=	0.57

Frontier Services Group (OTCPK:DVNHF) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Frontier Services Group Debt-to-Equity Related Terms

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

Frontier Services Group (Frontier Services Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Frontier Services Group Ltd (OTCPK:DVNHF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

00500:Hong Kong

Address

16 Harcourt Road, Suite 3902, 39th Floor, Far East Finance Centre, Admiralty, Hong Kong, HKG

Website

http://www.fsgroup.com

Frontier Services Group Ltd is an investment holding company. The Group is principally engaged in the provision of aviation, logistics, security, insurance and infrastructure related services and the provision of online financial market information. It operates in three business segments that are Aviation and Logistics Business; Financial Market Information Business, which provides online financial market information; and Security, Insurance, and Infrastructure Business. The Aviation and Logistics Business segment generates maximum revenue for the company. Its geographical segments are Africa, Europe, Mainland China, Hong Kong, and South-East Asia & Middle-East.

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