Frontier Communications Parent Inc (FYBR)
Solvency ratios
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | — | — | — | — |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | — | — | — | — |
| Financial leverage ratio | 4.17 | 4.12 | 3.93 | 3.84 | 4.09 | 3.91 | 3.69 | 3.76 | 3.63 | 3.70 | 3.76 | 3.58 | 3.58 | 3.51 | 3.56 | — | — | — | — | — |
Frontier Communications Parent Inc's solvency ratios indicate a stable financial position during the period under review. The Debt-to-assets ratio remained consistently at 0.00 over the entire period, reflecting that the company's total debt was fully supported by its assets.
The Debt-to-capital ratio, which was not available for the earlier periods, indicated a healthy trend where it decreased from 3.56 in June 2021 to 4.17 in December 2024. This suggests that a relatively high proportion of the company's capital structure is funded by debt.
Similarly, the Debt-to-equity ratio, also unavailable for the earlier periods, remained constant at 0.00 from June 2021 to December 2024, indicating that shareholders' equity fully covered the company's debt.
The Financial leverage ratio showed an increasing trend from 3.56 in June 2021 to 4.17 in December 2024. This indicates that the company's reliance on debt to finance its operations and growth has been increasing over time.
Overall, Frontier Communications Parent Inc's solvency ratios suggest a strong financial position with a low debt burden in relation to its assets, capital, and equity, but also an increasing reliance on debt financing over the period analyzed.
Coverage ratios
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | 0.48 | 0.86 | 0.98 | 1.16 | 1.18 | 1.26 | 1.60 | 1.96 | 2.22 | 2.46 | 2.52 | 13.50 | 14.11 | 13.67 | 12.30 | 0.72 | 0.36 | 0.21 | 0.13 | -2.24 |
Frontier Communications Parent Inc's interest coverage ratio has shown a significant improvement over the reporting period, indicating the company's ability to meet its interest obligations. The interest coverage ratio was negative in March 2020, signaling potential financial distress. However, the ratio gradually improved, turning positive in subsequent quarters.
From June 2021 to December 2021, the interest coverage ratio increased substantially, reaching levels indicating a strong capacity to cover interest expenses. The company maintained a healthy interest coverage ratio throughout 2022, although it was lower compared to the peak in 2021.
In 2023 and 2024, Frontier Communications Parent Inc experienced a decline in the interest coverage ratio, suggesting a potential increase in financial risk. Despite the decrease, the interest coverage ratio remained above 1, indicating that the company was still able to cover its interest payments with operating income, albeit with less margin of safety.
Overall, the trend in Frontier Communications Parent Inc's interest coverage ratio reflects fluctuations in its ability to meet interest obligations over time, with periods of strength followed by some deterioration. Investors and stakeholders should continue to monitor the company's interest coverage ratio to assess its financial health and ability to service its debt obligations.