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Frontier Communications (Frontier Communications) Debt-to-EBITDA : 2.32 (As of Mar. 2021)


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What is Frontier Communications Debt-to-EBITDA?

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

Frontier Communications's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2021 was $5,782.00 Mil. Frontier Communications's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2021 was $0.00 Mil. Frontier Communications's annualized EBITDA for the quarter that ended in Mar. 2021 was $2,492.00 Mil. Frontier Communications's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2021 was 2.32.

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 Frontier Communications's Debt-to-EBITDA or its related term are showing as below:

FTRPR.PFD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -5.4   Med: 4.47   Max: 33.19
Current: 3.03

During the past 13 years, the highest Debt-to-EBITDA Ratio of Frontier Communications was 33.19. The lowest was -5.40. And the median was 4.47.

FTRPR.PFD's Debt-to-EBITDA is not ranked
in the Telecommunication Services industry.
Industry Median: 2.24 vs FTRPR.PFD: 3.03

Frontier Communications Debt-to-EBITDA Historical Data

The historical data trend for Frontier Communications'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.

Frontier Communications Debt-to-EBITDA Chart

Frontier Communications Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.10 33.19 6.17 -5.40 3.09

Frontier Communications Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.35 5.05 2.76 3.22 2.32

Competitive Comparison of Frontier Communications's Debt-to-EBITDA

For the Telecom Services subindustry, Frontier Communications'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.


Frontier Communications's Debt-to-EBITDA Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Frontier Communications's Debt-to-EBITDA distribution charts can be found below:

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



Frontier Communications Debt-to-EBITDA Calculation

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

Frontier Communications's Debt-to-EBITDA for the fiscal year that ended in Dec. 2020 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(5781 + 0) / 1874
=3.08

Frontier Communications's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(5782 + 0) / 2492
=2.32

* 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 (Mar. 2021) EBITDA data.


Frontier Communications  (NAS:FTRPR.PFD) 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.


Frontier Communications Debt-to-EBITDA Related Terms

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


Frontier Communications (Frontier Communications) Business Description

Traded in Other Exchanges
N/A
Address
401 Merritt 7, Norwalk, CT, USA, 06851
Frontier Communications Corp is a provider of communications services for consumer and commercial customers in the United States. The portfolio of its services includes Data and Internet services, Video services, Voice services including both the regulated and unregulated voices, Access services, and Advanced Hardware and Network Solutions.
Executives
Sheldon Bruha officer: Chief Financial Officer 401 MERRITT 7, NORWALK CT 06851
John Maduri officer: EVP, Chief Customer Officer 401 MERRITT 7, NORWALK CT 06851
Steve Gable officer: EVP, Chief Technology Officer FRONTIER COMMUNICATIONS, 401 MERRITT 7, NORWALK CT 06851
Mark D Nielsen officer: EVP and Chief Legal Officer FRONTIER COMMUNICATIONS, 401 MERRITT 7, NORWALK CT 06851
Donald Daniels officer: SVP & Chief Accounting Officer FRONTIER COMMUNICATIONS, 401 MERRITT 7, NORWALK CT 06851
Kenneth Arndt officer: EVP, Chief Operations Officer 401 MERRITT 7, NORWALK CT 06851
Elisa Bannon-jones officer: EVP, Chief HR Officer 401 MERRITT 7, NORWALK CT 06851
Bernard L Han director, officer: President and CEO DISH NETWORK CORPORATION, 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Mohsin Y Meghji director C/O LOUGHLIN MEGHJI + COMPANY, NEW YORK NY 10016
Paul Keglevic director STELLUS CAPITAL, 10000 MEMORIAL DRIVE STE 500, HOUSTON TX 77024
Kevin L Beebe director ONE ALLIED DRIVE, LITTLE ROCK AR 72202
Reeve Pamela D A director C/O AMERICAN TOWER CORPORATION, 116 HUNTINGTON AVE, BOSTON MA 02116
Diana Sue Ferguson director C/O SARA LEE CORP, 70 W MADISO ST, CHICAGO IL 60602
Virginia P Ruesterholz director 140 WEST STREET, NEW YORK NY 10007
Mark S Shapiro director C/O RED ZONE LLC, 21300 REDSKIN PARK DRIVE, ASHBURN VA 20147

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