FRO
Price:
$23.24
Market Cap:
$5.17B
Frontline Ltd., a shipping company, engages in the seaborne transportation of crude oil and oil products worldwide. It owns and operates oil and product tankers. As of December 31, 2021, the company operated a fleet of 70 vessels. It is also involved in the charter, purchase, and sale of vessels. The company was founded in 1985 and is based in Hamilton, Bermuda.
Industry
Oil & Gas Midstream
IPO Date
2001-08-06
Stock Exchange
NYSE
Ticker
FRO
According to Frontline Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.88. This represents a change of 15.13% compared to the average of 1.63 of the last 4 quarters.
The mean historical Current Ratio of Frontline Ltd. over the last ten years is 1.53. The current 1.88 Current Ratio has changed 12.12% with respect to the historical average. Over the past ten years (40 quarters), FRO's Current Ratio was at its highest in in the December 2022 quarter at 2.25. The Current Ratio was at its lowest in in the December 2019 quarter at 0.53.
Average
1.53
Median
1.44
Minimum
0.53
Maximum
2.25
Discovering the peaks and valleys of Frontline Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 172.09%
Maximum Annual Current Ratio = 2.25
Minimum Annual Increase = -63.25%
Minimum Annual Current Ratio = 0.53
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.39 | -22.07% |
| 2023 | 1.78 | -20.89% |
| 2022 | 2.25 | 97.86% |
| 2021 | 1.14 | -15.45% |
| 2020 | 1.34 | 154.27% |
| 2019 | 0.53 | -63.25% |
| 2018 | 1.44 | -0.68% |
| 2017 | 1.45 | -30.99% |
| 2016 | 2.10 | 8.69% |
| 2015 | 1.93 | 172.09% |
The current Current Ratio of Frontline Ltd. (FRO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.81
5-year avg
1.58
10-year avg
1.53
Frontline Ltd.’s Current Ratio is greater than South Bow Corporation (1.36), greater than Chord Energy Corporation (1.35), less than Weatherford International plc (4.53), less than NOV Inc. (2.55), greater than CNX Resources Corporation (0.34), greater than Noble Corporation Plc (1.75), greater than Vista Energy, S.A.B. de C.V. (0.41), less than Transportadora de Gas del Sur S.A. (3.35), greater than Matador Resources Company (0.73), greater than Comstock Resources, Inc. (0.41),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.36 | $5.72B | |
| 1.35 | $5.50B | |
| 4.53 | $5.53B | |
| 2.55 | $5.95B | |
| 0.34 | $5.85B | |
| 1.75 | $5.17B | |
| 0.41 | $5.40B | |
| 3.35 | $4.77B | |
| 0.73 | $5.55B | |
| 0.41 | $7.86B |
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What is the Current Ratio?
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What is Frontline Ltd.'s Current Ratio?
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What is the 5-year average Current Ratio for Frontline Ltd. (FRO)?
How does the current Current Ratio for Frontline Ltd. (FRO) compare to its historical average?