Frontline plc

NYSE:FRO Stock Report

Market Cap: US$3.3b

Frontline Balance Sheet Health

Financial Health criteria checks 2/6

Frontline has a total shareholder equity of $2.3B and total debt of $3.2B, which brings its debt-to-equity ratio to 138.1%. Its total assets and total liabilities are $6.2B and $3.9B respectively. Frontline's EBIT is $669.6M making its interest coverage ratio 2.5. It has cash and short-term investments of $419.6M.

Key information

138.1%

Debt to equity ratio

US$3.23b

Debt

Interest coverage ratio2.5x
CashUS$419.56m
EquityUS$2.34b
Total liabilitiesUS$3.88b
Total assetsUS$6.22b

Recent financial health updates

These 4 Measures Indicate That Frontline (NYSE:FRO) Is Using Debt Extensively

Mar 05
These 4 Measures Indicate That Frontline (NYSE:FRO) Is Using Debt Extensively

Frontline (NYSE:FRO) Has A Somewhat Strained Balance Sheet

Sep 23
Frontline (NYSE:FRO) Has A Somewhat Strained Balance Sheet

Frontline (NYSE:FRO) Has A Somewhat Strained Balance Sheet

Jun 10
Frontline (NYSE:FRO) Has A Somewhat Strained Balance Sheet

These 4 Measures Indicate That Frontline (NYSE:FRO) Is Using Debt Extensively

Mar 03
These 4 Measures Indicate That Frontline (NYSE:FRO) Is Using Debt Extensively

Frontline (NYSE:FRO) Seems To Use Debt Quite Sensibly

Oct 10
Frontline (NYSE:FRO) Seems To Use Debt Quite Sensibly

Recent updates

Frontline: Challenges, Opportunities, And Tanker Business In 2025

Mar 24

These 4 Measures Indicate That Frontline (NYSE:FRO) Is Using Debt Extensively

Mar 05
These 4 Measures Indicate That Frontline (NYSE:FRO) Is Using Debt Extensively

Analysts Have Just Cut Their Frontline plc (NYSE:FRO) Revenue Estimates By 17%

Mar 05
Analysts Have Just Cut Their Frontline plc (NYSE:FRO) Revenue Estimates By 17%

Frontline plc (NYSE:FRO) Shares Fly 32% But Investors Aren't Buying For Growth

Feb 05
Frontline plc (NYSE:FRO) Shares Fly 32% But Investors Aren't Buying For Growth

Frontline: One Of The Most Aggressive Capital Structure In The Tanker Industry

Jan 01

Earnings Working Against Frontline plc's (NYSE:FRO) Share Price Following 32% Dive

Dec 22
Earnings Working Against Frontline plc's (NYSE:FRO) Share Price Following 32% Dive

Earnings Working Against Frontline plc's (NYSE:FRO) Share Price Following 26% Dive

Nov 07
Earnings Working Against Frontline plc's (NYSE:FRO) Share Price Following 26% Dive

There Might Be More To Frontline's (NYSE:FRO) Story Than Just Weak Earnings

Oct 07
There Might Be More To Frontline's (NYSE:FRO) Story Than Just Weak Earnings

Frontline (NYSE:FRO) Has A Somewhat Strained Balance Sheet

Sep 23
Frontline (NYSE:FRO) Has A Somewhat Strained Balance Sheet

Frontline: Tanker Market Strategy And Ongoing Disruptions (Podcast Transcript)

Sep 17

The Tanker Titan: Frontline Well-Positioned To Get Lucky

Sep 10
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Winter Demand Surge And Strategic Fleet Optimization Propel Oil Transporter's Earnings And Market Position

Sep 02 Seasonal upticks in oil demand and a growing compliant versus noncompliant fleet divide could raise Frontline's freight rates, enhancing revenue and margins.

Frontline Plc's Stock And Fleet Are On The Upswing

Aug 09

Frontline plc's (NYSE:FRO) Prospects Need A Boost To Lift Shares

Jul 17
Frontline plc's (NYSE:FRO) Prospects Need A Boost To Lift Shares

An Intrinsic Calculation For Frontline plc (NYSE:FRO) Suggests It's 22% Undervalued

Jun 28
An Intrinsic Calculation For Frontline plc (NYSE:FRO) Suggests It's 22% Undervalued

Frontline (NYSE:FRO) Has A Somewhat Strained Balance Sheet

Jun 10
Frontline (NYSE:FRO) Has A Somewhat Strained Balance Sheet

Frontline's Aggressive Acquisition Strategy Pays Off Amid Global Disruptions

Jun 03

Although Frontline Is Up 83% In 1 Year, We Think There Is More To Come

May 17

Frontline: How Geopolitical Shifts Are Steering Growth For Tanker Operations

Apr 23

Here's Why Frontline (NYSE:FRO) Has Caught The Eye Of Investors

Apr 22
Here's Why Frontline (NYSE:FRO) Has Caught The Eye Of Investors

Frontline plc (NYSE:FRO) Shares Could Be 28% Below Their Intrinsic Value Estimate

Mar 22
Frontline plc (NYSE:FRO) Shares Could Be 28% Below Their Intrinsic Value Estimate

Frontline Benefiting From Red Sea Disruptions

Mar 08

These 4 Measures Indicate That Frontline (NYSE:FRO) Is Using Debt Extensively

Mar 03
These 4 Measures Indicate That Frontline (NYSE:FRO) Is Using Debt Extensively

Frontline: Robust Fundamentals And High Returns

Feb 28

The Market Doesn't Like What It Sees From Frontline plc's (NYSE:FRO) Earnings Yet

Jan 26
The Market Doesn't Like What It Sees From Frontline plc's (NYSE:FRO) Earnings Yet

Frontline: Still A Buy At The High Price

Jan 13

Should You Be Adding Frontline (NYSE:FRO) To Your Watchlist Today?

Jan 08
Should You Be Adding Frontline (NYSE:FRO) To Your Watchlist Today?

Frontline: Industrial Demand Confirms The Potential Upside

Dec 06

Frontline: Top 2024 Long Position

Nov 24

Frontline: Aggressively Buying Cash Flow In A Tight Tanker Market

Nov 01

Frontline plc (NYSE:FRO) Shares Could Be 24% Below Their Intrinsic Value Estimate

Oct 26
Frontline plc (NYSE:FRO) Shares Could Be 24% Below Their Intrinsic Value Estimate

Frontline: An Enticing Tanker Stock With Generous Dividend Yields

Oct 24

Frontline (NYSE:FRO) Seems To Use Debt Quite Sensibly

Oct 10
Frontline (NYSE:FRO) Seems To Use Debt Quite Sensibly

We Ran A Stock Scan For Earnings Growth And Frontline (NYSE:FRO) Passed With Ease

Sep 27
We Ran A Stock Scan For Earnings Growth And Frontline (NYSE:FRO) Passed With Ease

Frontline: Spot Rates Have Been Volatile

Sep 27

Frontline's (NYSE:FRO) Upcoming Dividend Will Be Larger Than Last Year's

Aug 28
Frontline's (NYSE:FRO) Upcoming Dividend Will Be Larger Than Last Year's

Frontline: Sailing Ahead Of The Pack

Aug 27

Returns Are Gaining Momentum At Frontline (NYSE:FRO)

Aug 03
Returns Are Gaining Momentum At Frontline (NYSE:FRO)

Frontline Gets An Upgrade To Buy

Jul 14

Calculating The Intrinsic Value Of Frontline plc (NYSE:FRO)

Jul 04
Calculating The Intrinsic Value Of Frontline plc (NYSE:FRO)

Financial Position Analysis

Short Term Liabilities: FRO's short term assets ($826.0M) exceed its short term liabilities ($595.7M).

Long Term Liabilities: FRO's short term assets ($826.0M) do not cover its long term liabilities ($3.3B).

Debt to Equity History and Analysis

Debt Level: FRO's net debt to equity ratio (120.2%) is considered high.

Reducing Debt: FRO's debt to equity ratio has increased from 112.1% to 138.1% over the past 5 years.

Debt Coverage: FRO's debt is well covered by operating cash flow (22.8%).

Interest Coverage: FRO's interest payments on its debt are not well covered by EBIT (2.5x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/17 16:33
End of Day Share Price 2025/04/17 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Frontline plc is covered by 25 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Glenn LoddenABN AMRO Bank N.V.
Erik StavsethArctic Securities ASA