Frontline Ltd (FRO) — Cash Flow Quality Index
Latest as of March 2026:
0.68x
Frontline Ltd (FRO) has a Cash Flow Quality Index of 0.68x as of March 2026. Operating cash flow of Nkr382.50 Million is below net income of Nkr559.12 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Frontline Ltd cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
0.68x
Operating CF / Net Income
Operating Cash Flow
Nkr382.50 Million
NOK
Net Income
Nkr559.12 Million
NOK
Data as of
Mar 2026
Most recent filing
Frontline Ltd Cash Flow Quality Index (1993–2025)
Historical Cash Flow Quality Index for Frontline Ltd across 24 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see FRO cash generation efficiency.
Annual Cash Flow Quality Index for Frontline Ltd (1993–2025)
Year-by-year earnings quality comparison for Frontline Ltd.
| Year | Quality Index | Operating CF (NOK) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.80x | Nkr682.46 Million | Nkr379.08 Million | ▲ +21.2% |
| 2024 | 1.49x | Nkr736.41 Million | Nkr495.58 Million | ▲ +13.9% |
| 2023 | 1.30x | Nkr856.18 Million | Nkr656.41 Million | ▲ +66.2% |
| 2022 | 0.78x | Nkr370.89 Million | Nkr472.72 Million | ▼ -46.4% |
| 2020 | 1.46x | Nkr604.06 Million | Nkr412.88 Million | ▼ -26.9% |
| 2019 | 2.00x | Nkr280.19 Million | Nkr139.97 Million | ▼ -18.1% |
| 2016 | 2.44x | Nkr286.01 Million | Nkr117.01 Million | ▲ +82.3% |
| 2015 | 1.34x | Nkr207.35 Million | Nkr154.62 Million | ▼ -31.9% |
| 2010 | 1.97x | Nkr317.64 Million | Nkr161.41 Million | ▼ -37.1% |
| 2009 | 3.13x | Nkr321.52 Million | Nkr102.70 Million | ▲ +171.0% |
| 2008 | 1.16x | Nkr807.25 Million | Nkr698.77 Million | ▲ +20.7% |
| 2007 | 0.96x | Nkr545.81 Million | Nkr570.42 Million | ▼ -40.6% |
| 2006 | 1.61x | Nkr831.56 Million | Nkr516.00 Million | ▼ -0.2% |
| 2005 | 1.61x | Nkr979.77 Million | Nkr606.84 Million | ▲ +81.6% |
| 2004 | 0.89x | Nkr909.79 Million | Nkr1.02 Billion | ▼ -30.5% |
| 2003 | 1.28x | Nkr523.28 Million | Nkr409.36 Million | ▲ +2.4% |
| 2001 | 1.25x | Nkr477.61 Million | Nkr382.73 Million | ▲ +44.2% |
| 2000 | 0.87x | Nkr271.58 Million | Nkr313.87 Million | ▼ -68.8% |
| 1998 | 2.77x | Nkr74.92 Million | Nkr27.00 Million | ▲ +76.6% |
| 1997 | 1.57x | Nkr9.90 Million | Nkr6.30 Million | ▼ -80.0% |
| 1996 | 7.85x | Nkr15.70 Million | Nkr2.00 Million | ▲ +68.2% |
| 1995 | 4.67x | Nkr8.40 Million | Nkr1.80 Million | ▲ +108.5% |
| 1994 | 2.24x | Nkr18.80 Million | Nkr8.40 Million | ▼ -13.0% |
| 1993 | 2.57x | Nkr10.80 Million | Nkr4.20 Million | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.