Frontline Balance Sheet Health
Financial Health criteria checks 3/6
Frontline has a total shareholder equity of $2.3B and total debt of $3.5B, which brings its debt-to-equity ratio to 151.8%. Its total assets and total liabilities are $5.9B and $3.6B respectively. Frontline's EBIT is $722.6M making its interest coverage ratio 6.2. It has cash and short-term investments of $315.8M.
Key information
151.8%
Debt to equity ratio
US$3.46b
Debt
Interest coverage ratio | 6.2x |
Cash | US$315.75m |
Equity | US$2.28b |
Total liabilities | US$3.61b |
Total assets | US$5.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0REH's short term assets ($727.9M) exceed its short term liabilities ($409.1M).
Long Term Liabilities: 0REH's short term assets ($727.9M) do not cover its long term liabilities ($3.2B).
Debt to Equity History and Analysis
Debt Level: 0REH's net debt to equity ratio (137.9%) is considered high.
Reducing Debt: 0REH's debt to equity ratio has increased from 148.7% to 151.8% over the past 5 years.
Debt Coverage: 0REH's debt is well covered by operating cash flow (24.8%).
Interest Coverage: 0REH's interest payments on its debt are well covered by EBIT (6.2x coverage).