Frontier Communications Parent Inc (FYBR)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 5,279,000 | 5,134,000 | 4,600,000 | -4,900,000 | -4,394,000 |
| Debt-to-equity ratio | 2.13 | 1.77 | 1.73 | — | — |
December 31, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $11,246,000K ÷ $5,279,000K
= 2.13
The debt-to-equity ratio of Frontier Communications Parent Inc has been fluctuating over the past five years. In 2023, the ratio stood at 2.13, an increase from 1.77 in 2022 and 1.73 in 2021. This indicates that the company's level of debt relative to its equity has been rising in recent years, reflecting a potentially increased financial risk. The lack of data for 2020 and 2019 makes it challenging to provide a complete trend analysis, but the upward trend from 2021 to 2023 suggests a possible shift towards a more leveraged capital structure. It would be advisable for stakeholders to closely monitor this trend and assess the company's ability to manage its debt levels effectively in the future.
Peer comparison
Dec 31, 2023