Frontier Communications Parent Inc (FYBR)
Quick 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 | 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 | — | — | — | — | — | — | — | — |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 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 |
| Quick 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
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($750K
+ $0K
+ $—K)
÷ $2,289,000K
= 0.00
Frontier Communications Parent Inc's quick ratio has shown fluctuating trends over the past few years. The quick ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets.
As of December 31, 2024, the quick ratio was 0.00, indicating that the company's current assets, excluding inventory, were insufficient to cover its current liabilities. This could raise concerns about the company's liquidity and ability to meet its short-term financial obligations.
It is important to note that the quick ratio has experienced significant variability, ranging from as low as 0.00 to as high as 1.67 over the period provided. This indicates potential fluctuations in the company's ability to meet its short-term obligations in different quarters.
Overall, the trend of the quick ratio suggests that Frontier Communications Parent Inc has had challenges in maintaining a strong liquidity position. Investors and stakeholders should closely monitor the company's liquidity management strategies and assess the potential impacts on its financial stability and operational performance.
Peer comparison
Dec 31, 2024