Frontier Communications Parent Inc (FYBR)
Financial leverage 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 | ||
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Total assets | US$ in thousands | 20,693,000 | 20,509,000 | 19,150,000 | 19,398,000 | 18,624,000 | 18,273,000 | 18,035,000 | 16,755,000 | 16,481,000 | 13,000,000 | 16,960,000 | 16,795,000 | 16,787,000 | 17,467,000 | 17,488,000 | 17,488,000 | 17,561,000 | 17,565,000 | 23,362,000 | 23,659,000 |
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 |
Financial leverage ratio | 3.92 | 3.91 | 3.69 | 3.76 | 3.63 | 3.70 | 3.76 | 3.58 | 3.58 | 3.06 | — | — | — | — | — | — | — | — | 15.22 | 14.79 |
December 31, 2023 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $20,693,000K ÷ $5,279,000K
= 3.92
Frontier Communications Parent Inc's financial leverage ratio has shown some fluctuations over the past quarters, ranging from 3.06 to 3.92. The ratio indicates that the company relies more on debt financing as opposed to equity to fund its operations and growth. A higher financial leverage ratio suggests higher financial risk due to increased debt levels, as the company may have higher interest obligations and potential difficulties meeting debt repayment obligations. On the other hand, a lower ratio may indicate a more conservative capital structure. It's important for stakeholders to closely monitor the trend in the financial leverage ratio to assess the company's long-term financial health and risk profile.
Peer comparison
Dec 31, 2023