Frontier Communications Parent Inc (FYBR)

Debt-to-capital ratio

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 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018
Long-term debt US$ in thousands 11,246,000 11,258,000 9,829,000 9,839,000 9,110,000 9,120,000 9,130,000 7,957,000 7,968,000 10,949,000 10,949,000 10,949,000 10,949,000 17,511,000 16,308,000 16,305,000 16,357,000 16,526,000 16,358,000
Total stockholders’ equity US$ in thousands 5,279,000 5,240,000 5,192,000 5,163,000 5,134,000 4,933,000 4,796,000 4,678,000 4,600,000 4,248,000 -4,830,000 -4,900,000 -4,926,000 -5,097,000 -4,493,000 -4,394,000 -4,103,000 -3,771,000 1,535,000 1,600,000
Debt-to-capital ratio 0.68 0.68 0.65 0.66 0.64 0.65 0.66 0.63 0.63 0.00 1.79 1.81 1.82 1.87 1.35 1.37 1.34 1.30 0.92 0.91

December 31, 2023 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $11,246,000K ÷ ($11,246,000K + $5,279,000K)
= 0.68

The debt-to-capital ratio of Frontier Communications Parent Inc has shown some fluctuation over the past few years. As of December 31, 2023, the ratio stands at 0.68, indicating that the company's total debt accounts for 68% of its total capital. This ratio has remained relatively stable around the 0.65 to 0.68 range in recent quarters, suggesting a consistent level of leverage in the company's capital structure.

However, it is worth noting that there was a significant increase in the debt-to-capital ratio in the first half of 2021, reaching as high as 1.87 in June 2021. This spike could indicate a period of increased debt relative to capital, potentially signaling financial distress or a significant strategic shift in the company's financing activities during that time.

Overall, the debt-to-capital ratio trend for Frontier Communications Parent Inc highlights the importance of monitoring changes in leverage levels over time to assess the company's financial health and risk profile.


Peer comparison

Dec 31, 2023