Frontier Communications Parent Inc (FYBR)

Debt-to-assets ratio

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Long-term debt	US$ in thousands	11,246,000	9,110,000	7,968,000	10,949,000	16,308,000
Total assets	US$ in thousands	20,693,000	18,624,000	16,481,000	16,795,000	17,488,000
Debt-to-assets ratio		0.54	0.49	0.48	0.65	0.93

December 31, 2023 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $11,246,000K ÷ $20,693,000K
= 0.54

Frontier Communications Parent Inc's debt-to-assets ratio has fluctuated over the past five years. In 2019, the ratio was the highest at 0.93, indicating that a significant portion of the company's assets were financed by debt. However, there has been a decreasing trend in the ratio since then. By 2021, the ratio decreased to 0.48, showing an improvement in the company's debt management.

In 2022 and 2023, the debt-to-assets ratio increased slightly to 0.49 and 0.54, respectively. While the ratio has increased in the most recent years, it is still below the levels seen in 2019, indicating that the company may be managing its debt levels more effectively.

Overall, despite some fluctuations, the downward trend in the debt-to-assets ratio from 2019 to 2021 suggests that Frontier Communications Parent Inc has been working to reduce its reliance on debt financing and improve its financial position in terms of debt management. However, the slight increase in the ratio in 2022 and 2023 may warrant further monitoring to ensure that the company's debt levels remain at a sustainable level.