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.