FTRPR.PFD (Frontier Communications) Interest Expense : $-468.00 Mil (TTM As of Mar. 2021)

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What is Frontier Communications Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Frontier Communications's interest expense for the three months ended in Mar. 2021 was $ -89.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2021 was $-468.00 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Frontier Communications's Operating Income for the three months ended in Mar. 2021 was $ 261.00 Mil. Frontier Communications's Interest Expense for the three months ended in Mar. 2021 was $ -89.00 Mil. Frontier Communications's Interest Coverage for the quarter that ended in Mar. 2021 was 2.93. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Frontier Communications Interest Expense Historical Data

The historical data trend for Frontier Communications's Interest Expense 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 Communications Interest Expense Chart

Frontier Communications Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Interest Expense

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-1,531.00

-1,534.00

-1,536.00

-1,535.00

-762.00

Frontier Communications Quarterly Data
	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Interest Expense	Get a 7-Day Free Trial															-383.00	-160.00	-121.00	-98.00	-89.00

Frontier Communications Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-468.00 Mil.

Frontier Communications (NAS:FTRPR.PFD) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Frontier Communications's Interest Expense for the three months ended in Mar. 2021 was $-89.00 Mil. Its Operating Income for the three months ended in Mar. 2021 was $261.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2021 was $0.00 Mil.

Frontier Communications's Interest Coverage for the quarter that ended in Mar. 2021 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2021 )	/	Interest Expense (Q: Mar. 2021 )
	=	-1	*	261	/	-89
	=	2.93

The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies interest coverage is at least 5. Frontier Communications Corp interest coverage is 2.4, which is low.

Frontier Communications Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Frontier Communications Corp (NAS:FTRPR.PFD) » Definitions » Interest Expense

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