Frontier Communications Parent Inc (FYBR)
Cash 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 750 | 1,320,000 | 1,197,000 | 1,296,000 | 1,125,000 | 948,000 | 662,000 | 1,132,000 | 322,000 | 230,000 | 678,000 | 1,300,000 | 2,127,000 | 1,211,000 | 993,000 | 2,134,000 | 1,829,000 | 1,767,000 | 2,290,000 | 941,000 |
| Short-term investments | US$ in thousands | 0 | 1,318,680 | 0 | 225,000 | 1,075,000 | 1,275,000 | 575,000 | 900,000 | 1,750,000 | 2,325,000 | 2,300,000 | 900,000 | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 2,289,000 | 2,453,000 | 2,019,000 | 1,940,000 | 2,275,000 | 2,051,000 | 2,067,000 | 2,311,000 | 2,295,000 | 1,977,000 | 1,779,000 | 1,713,000 | 1,451,000 | 1,480,000 | 1,391,000 | 7,151,000 | 7,140,000 | 7,112,000 | 7,812,000 | 19,229,000 |
| Cash ratio | 0.00 | 1.08 | 0.59 | 0.78 | 0.97 | 1.08 | 0.60 | 0.88 | 0.90 | 1.29 | 1.67 | 1.28 | 1.47 | 0.82 | 0.71 | 0.30 | 0.26 | 0.25 | 0.29 | 0.05 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($750K
+ $0K)
÷ $2,289,000K
= 0.00
The cash ratio of Frontier Communications Parent Inc has shown fluctuating trends over the past years, ranging from a low of 0.05 on March 31, 2020 to a high of 1.67 on June 30, 2022. This ratio measures the company's ability to cover its short-term liabilities with its readily available cash and cash equivalents.
The ratio increased steadily from 2020 to 2022, indicating an improvement in the company's liquidity position. However, there was a notable decrease in the cash ratio in the second half of 2022 and throughout 2023, suggesting a potential decrease in the company's ability to cover its short-term obligations with its available cash resources.
Although there was a slight recovery in the cash ratio in the latter part of 2023 and the beginning of 2024, it declined again towards the end of 2024, reaching a low of 0.00 on December 31, 2024. This may raise concerns about the company's liquidity position and its ability to meet its short-term obligations solely with its cash reserves.
Overall, fluctuations in the cash ratio of Frontier Communications Parent Inc indicate potential changes in the company's liquidity management and cash flow dynamics, which may require further analysis to understand the underlying reasons for these fluctuations.
Peer comparison
Dec 31, 2024