Frontline Ltd (FRO) — Cash Flow-to-Debt Ratio
Frontline Ltd (FRO) has a Cash Flow-to-Debt Ratio of 0.09x as of December 2025, meaning its operating cash flow of $283.35 Million could theoretically repay 0% of its total liabilities ($3.24 Billion) in one year. See Frontline Ltd free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Frontline Ltd Cash Flow-to-Debt Ratio (1993–2025)
Historical debt coverage capacity for Frontline Ltd across 33 annual periods. Also explore Frontline Ltd (FRO) net asset momentum to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Frontline Ltd (1993–2025)
Year-by-year debt coverage analysis for Frontline Ltd. For market capitalisation and broader financial context, see market value of Frontline Ltd.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.21x | $682.46 Million | $3.24 Billion | ▲ +10.9% |
| 2024 | 0.19x | $736.41 Million | $3.88 Billion | ▼ -20.1% |
| 2023 | 0.24x | $856.18 Million | $3.61 Billion | ▲ +60.6% |
| 2022 | 0.15x | $370.89 Million | $2.51 Billion | ▲ +479.0% |
| 2021 | 0.03x | $62.93 Million | $2.46 Billion | ▼ -90.2% |
| 2020 | 0.26x | $604.06 Million | $2.31 Billion | ▲ +104.5% |
| 2019 | 0.13x | $280.19 Million | $2.19 Billion | ▲ +430.8% |
| 2018 | 0.02x | $46.17 Million | $1.91 Billion | ▼ -62.6% |
| 2017 | 0.06x | $125.69 Million | $1.95 Billion | ▼ -66.9% |
| 2016 | 0.20x | $286.01 Million | $1.47 Billion | ▲ +35.5% |
| 2015 | 0.14x | $207.35 Million | $1.44 Billion | ▲ +178.5% |
| 2014 | 0.05x | $53.39 Million | $1.03 Billion | ▲ +267.8% |
| 2013 | -0.03x | $-42.68 Million | $1.39 Billion | ▼ -169.9% |
| 2012 | 0.04x | $68.57 Million | $1.56 Billion | ▲ +25.2% |
| 2011 | 0.04x | $57.23 Million | $1.63 Billion | ▼ -66.4% |
| 2010 | 0.10x | $317.64 Million | $3.04 Billion | ▲ +3.7% |
| 2009 | 0.10x | $298.82 Million | $2.96 Billion | ▼ -58.6% |
| 2008 | 0.24x | $807.25 Million | $3.32 Billion | ▲ +47.8% |
| 2007 | 0.16x | $545.81 Million | $3.32 Billion | ▼ -33.1% |
| 2006 | 0.25x | $831.56 Million | $3.38 Billion | ▼ -15.1% |
| 2005 | 0.29x | $979.77 Million | $3.38 Billion | ▼ -1.5% |
| 2004 | 0.29x | $909.79 Million | $3.09 Billion | ▲ +80.4% |
| 2003 | 0.16x | $523.28 Million | $3.21 Billion | ▲ +107.6% |
| 2002 | 0.08x | $142.03 Million | $1.81 Billion | ▼ -70.8% |
| 2001 | 0.27x | $477.61 Million | $1.77 Billion | ▲ +73.0% |
| 2000 | 0.16x | $271.58 Million | $1.75 Billion | ▲ +278.8% |
| 1999 | 0.04x | $46.49 Million | $1.13 Billion | ▼ -49.5% |
| 1998 | 0.08x | $74.92 Million | $921.84 Million | ▼ -61.6% |
| 1997 | 0.21x | $9.90 Million | $46.80 Million | ▲ +213.5% |
| 1996 | 0.07x | $8.40 Million | $124.50 Million | ▼ -77.5% |
| 1995 | 0.30x | $18.80 Million | $62.70 Million | ▲ +0.0% |
| 1994 | 0.30x | $18.80 Million | $62.70 Million | ▲ +98.2% |
| 1993 | 0.15x | $10.80 Million | $71.40 Million | — |