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Frontier Communications Parent (NAS:FYBR) Financial Strength

: 4 (As of Sep. 2022)
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Frontier Communications Parent has the Financial Strength Rank of 4.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

Frontier Communications Parent's Interest Coverage for the quarter that ended in Sep. 2022 was 1.28. Frontier Communications Parent's debt to revenue ratio for the quarter that ended in Sep. 2022 was 1.60. As of today, Frontier Communications Parent's Altman Z-Score is 0.80.


Frontier Communications Parent (NAS:FYBR) Financial Strength Competitive Comparison

For the Telecom Services subindustry, Frontier Communications Parent's Financial Strength, along with its competitors' market caps and Financial Strength 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 Parent (NAS:FYBR) Financial Strength Distribution

For the Telecommunication Services industry and Communication Services sector, Frontier Communications Parent's Financial Strength distribution charts can be found below:

* The bar in red indicates where Frontier Communications Parent's Financial Strength falls into.



Frontier Communications Parent Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

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

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 Parent's Interest Expense for the months ended in Sep. 2022 was $-135 Mil. Its Operating Income for the months ended in Sep. 2022 was $173 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $9,120 Mil.

Frontier Communications Parent's Interest Coverage for the quarter that ended in Sep. 2022 is

Interest Coverage=-1*Operating Income (Q: Sep. 2022 )/Interest Expense (Q: Sep. 2022 )
=-1*173/-135
=1.28

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

2. Debt to revenue ratio. The lower, the better.

Frontier Communications Parent's Debt to Revenue Ratio for the quarter that ended in Sep. 2022 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2022 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(15 + 9120) / 5704
=1.60

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Frontier Communications Parent has a Z-score of 0.80, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 0.8 is in distress zone. This implies bankruptcy possibility in the next two years.

* 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 Communications Parent  (NAS:FYBR) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Frontier Communications Parent has the Financial Strength Rank of 4.


Frontier Communications Parent Financial Strength Related Terms

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


Frontier Communications Parent (NAS:FYBR) Business Description

Frontier Communications Parent logo
Traded in Other Exchanges
N/A
Address
401 Merritt 7, Norwalk, CT, USA, 06851
Frontier Communications Parent Inc offers a variety of services to residential and business customers over its fiber-optic and copper networks, including video, high-speed internet, advanced voice, and Frontier Secure digital protection solutions. It offers communications solutions to small, medium, and enterprise businesses.
Executives
Mcintosh Charlon officer: See Remarks C/O FRONTIER COMMUNICATIONS PARENT, INC. 401 MERRITT 7 NORWALK CT 06851
Pint Melissa officer: Chief Digital Info. Officer C/O FRONTIER COMMUNICATIONS PARENT, INC. 401 MERRITT 7 NORWALK CT 06851
Smyth Margaret Mary director PO BOX 33428 ST. PAUL MN 55133
Harrobin John officer: EVP, Consumer C/O FRONTIER COMMUNICATIONS PARENT, INC. 401 MERRITT 7 NORWALK CT 06851
Gardner Alan officer: Chief People Officer C/O FRONTIER COMMUNICATIONS PARENT, INC. 401 MERRITT 7 NORWALK CT 06851
Beasley Scott C officer: Chief Financial Officer 500 N AKARD ST. SUITE 400 DALLAS TX 75201
Coe Pamela L director C/O EXPEDIA, INC. 333 108TH AVENUE NE BELLEVUE WA 98004
Beebe Kevin L director ONE ALLIED DRIVE LITTLE ROCK AR 72202
Stratton John G director, officer: Executive Chairman 1095 AVENUE OF THE AMERICAS, 8TH FLOOR NEW YORK NY 10036
Chang Lisa director THE COCA-COLA COMPANY ONE COCA-COLA PLAZA ATLANTA GA 30313
Ares Management Llc 10 percent owner 2000 AVENUE OF THE STARS 12TH FLOOR LOS ANGELES CA 90067
Ares Management Corp 10 percent owner 2000 AVE OF THE STARS 12TH FLOOR LOS ANGELES CA 90067
Ares Management Holdings L.p. 10 percent owner 2000 AVENUE OF THE STARS, 12TH FL LOS ANGELES CA 90067
Ares Partners Holdco Llc 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR LOS ANGELES CA 90067
Ares Management Gp Llc 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR LOS ANGELES CA 90067

Frontier Communications Parent (NAS:FYBR) Headlines

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