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
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