Frontdoor Inc (FTDR)

Debt-to-assets ratio

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Long-term debt US$ in thousands
Total assets US$ in thousands 2,107,000 1,217,000 1,200,000 1,146,000 1,089,000 1,168,000 1,136,000 1,128,000 1,082,000 1,095,000 1,076,000 1,058,000 1,069,000 1,161,000 1,135,000 1,355,000 1,405,000 1,407,000 1,361,000 1,291,000
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,107,000K
= 0.00

Frontdoor Inc's debt-to-assets ratio has consistently remained at 0.00 across all reported periods from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt to fund its operations or investments, implying a strong financial position with a low level of financial leverage. A debt-to-assets ratio of 0.00 suggests that the company's assets are primarily financed by equity rather than debt, which can be seen as a positive signal as it indicates a lower risk of financial distress. It may also imply ample financial flexibility and capacity to invest in growth opportunities or weather economic downturns without being heavily burdened by debt obligations.


Peer comparison

Dec 31, 2024

Company name
Symbol
Debt-to-assets ratio
Frontdoor Inc
FTDR
0.00
ABM Industries Incorporated
ABM
0.26
Airbnb Inc
ABNB
0.10
Rollins Inc
ROL
0.14