FRNT Financial (FRNT Financial) Debt-to-Equity : 0.05 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is FRNT Financial Debt-to-Equity?

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 Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3.81 Mil. FRNT Financial's debt to equity for the quarter that ended in Dec. 2023 was 0.05.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

FRFLF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.06 Max: 0.12
Current: 0.05

During the past 3 years, the highest Debt-to-Equity Ratio of FRNT Financial was 0.12. The lowest was 0.05. And the median was 0.06.

FRFLF's Debt-to-Equity is ranked better than
79.9% of 607 companies
in the Capital Markets industry
Industry Median: 0.37 vs FRFLF: 0.05

FRNT Financial Debt-to-Equity Historical Data

The historical data trend for FRNT Financial's Debt-to-Equity 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-Equity Chart

FRNT Financial Annual Data

Trend

Jun21

Jun22

Jun23

Debt-to-Equity

0.05

0.06

0.08

FRNT Financial Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial							0.07	0.07	0.08	0.05	0.05

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

For the Capital Markets subindustry, FRNT Financial's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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-Equity Distribution in the Capital Markets Industry

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

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

FRNT Financial Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.26	+	0.078)	/	4.228
	=	0.08

FRNT Financial's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.136	+	0.051)	/	3.813
	=	0.05

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

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

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

FRNT Financial Debt-to-Equity Related Terms

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

FRNT Financial (FRNT Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » FRNT Financial Inc (OTCPK:FRFLF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

FRNT:Canada

Address

49 Wellington St E, Unit 200, Toronto, ON, CAN, M5E 1C9

Website

https://www.frnt.io

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

From GuruFocus

FRNT Engages ICP Securities Inc. for Automated Market Making Services

By GlobeNewswire • 02-13-2024