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FRNT Financial (FRNT Financial) Debt-to-EBITDA : -0.23 (As of Dec. 2023)


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What is FRNT Financial Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

FRNT Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.14 Mil. FRNT Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.05 Mil. FRNT Financial's annualized EBITDA for the quarter that ended in Dec. 2023 was $-0.82 Mil. FRNT Financial's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.23.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for FRNT Financial's Debt-to-EBITDA or its related term are showing as below:

FRFLF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.19   Med: -0.17   Max: -0.13
Current: -0.16

During the past 3 years, the highest Debt-to-EBITDA Ratio of FRNT Financial was -0.13. The lowest was -0.19. And the median was -0.17.

FRFLF's Debt-to-EBITDA is ranked worse than
100% of 415 companies
in the Capital Markets industry
Industry Median: 1.56 vs FRFLF: -0.16

FRNT Financial Debt-to-EBITDA Historical Data

The historical data trend for FRNT Financial's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

FRNT Financial Debt-to-EBITDA Chart

FRNT Financial Annual Data
Trend Jun21 Jun22 Jun23
Debt-to-EBITDA
-0.13 -0.19 -0.17

FRNT Financial Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.10 -0.33 -0.17 -0.20 -0.23

Competitive Comparison of FRNT Financial's Debt-to-EBITDA

For the Capital Markets subindustry, FRNT Financial's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


FRNT Financial's Debt-to-EBITDA Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, FRNT Financial's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where FRNT Financial's Debt-to-EBITDA falls into.



FRNT Financial Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

FRNT Financial's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.26 + 0.078) / -1.995
=-0.17

FRNT Financial's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.136 + 0.051) / -0.824
=-0.23

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Dec. 2023) EBITDA data.


FRNT Financial  (OTCPK:FRFLF) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


FRNT Financial Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of FRNT Financial's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


FRNT Financial (FRNT Financial) Business Description

Traded in Other Exchanges
Address
49 Wellington St E, Unit 200, Toronto, ON, CAN, M5E 1C9
FRNT Financial Inc is a next-generation institutional sales and trading platform. The company aims to offer new opportunities to permitted clients and institutional investors while maintaining a lean, technology-driven operation. It is focused on providing expertise and products that help institutional clients gain access to cryptocurrency trade opportunities. It has one segment focused around developing and offering its capital market trading platform to institutional investors.

FRNT Financial (FRNT Financial) Headlines

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