Frontline Ltd (FRO) — Net Asset Quality Index
Frontline Ltd (FRO) has a Net Asset Quality Index of 43.6% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $5.75 Billion minus total liabilities of $3.24 Billion yields net assets of $2.51 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See FRO cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Frontline Ltd Net Asset Quality Index Over Time (1993–2025)
This chart shows how Frontline Ltd's Net Asset Quality Index has evolved across 33 annual periods from 1993 to 2025. As of December 2025, the index stands at 43.6%, representing net assets of $2.51 Billion against total assets of $5.75 Billion USD. Explore how efficiently does Frontline Ltd generate cash to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Frontline Ltd (1993–2025)
The table below presents the year-by-year Net Asset Quality Index for Frontline Ltd from 1993 to 2025, covering 33 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see how much is Frontline Ltd worth.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 43.6% | $2.51 Billion | $5.75 Billion | $3.24 Billion | ▲ +6.0 pp |
| 2024 | 37.6% | $2.34 Billion | $6.22 Billion | $3.88 Billion | ▼ -1.1 pp |
| 2023 | 38.7% | $2.28 Billion | $5.88 Billion | $3.61 Billion | ▼ -8.8 pp |
| 2022 | 47.5% | $2.27 Billion | $4.78 Billion | $2.51 Billion | ▲ +7.3 pp |
| 2021 | 40.1% | $1.65 Billion | $4.12 Billion | $2.46 Billion | ▼ -1.0 pp |
| 2020 | 41.1% | $1.61 Billion | $3.92 Billion | $2.31 Billion | ▲ +0.3 pp |
| 2019 | 40.8% | $1.51 Billion | $3.70 Billion | $2.19 Billion | ▲ +3.0 pp |
| 2018 | 37.8% | $1.16 Billion | $3.08 Billion | $1.91 Billion | ▼ -0.1 pp |
| 2017 | 37.9% | $1.19 Billion | $3.13 Billion | $1.95 Billion | ▼ -12.7 pp |
| 2016 | 50.6% | $1.50 Billion | $2.97 Billion | $1.47 Billion | ▲ +0.5 pp |
| 2015 | 50.1% | $1.45 Billion | $2.89 Billion | $1.44 Billion | ▲ +57.4 pp |
| 2014 | -7.3% | $-70.65 Million | $962.18 Million | $1.03 Billion | ▼ -6.0 pp |
| 2013 | -1.3% | $-18.05 Million | $1.37 Billion | $1.39 Billion | ▼ -9.1 pp |
| 2012 | 7.8% | $131.15 Million | $1.69 Billion | $1.56 Billion | ▼ -3.8 pp |
| 2011 | 11.6% | $213.48 Million | $1.84 Billion | $1.63 Billion | ▼ -8.4 pp |
| 2010 | 20.0% | $759.04 Million | $3.80 Billion | $3.04 Billion | ▼ -0.2 pp |
| 2009 | 20.2% | $750.75 Million | $3.72 Billion | $2.96 Billion | ▲ +2.6 pp |
| 2008 | 17.6% | $708.85 Million | $4.03 Billion | $3.32 Billion | ▲ +5.7 pp |
| 2007 | 11.9% | $445.97 Million | $3.76 Billion | $3.32 Billion | ▼ -14.5 pp |
| 2006 | 26.4% | $1.21 Billion | $4.59 Billion | $3.38 Billion | ▲ +0.4 pp |
| 2005 | 26.0% | $1.19 Billion | $4.57 Billion | $3.38 Billion | ▼ -2.8 pp |
| 2004 | 28.7% | $1.25 Billion | $4.34 Billion | $3.09 Billion | ▲ +0.6 pp |
| 2003 | 28.1% | $1.26 Billion | $4.46 Billion | $3.21 Billion | ▼ -12.3 pp |
| 2002 | 40.4% | $1.23 Billion | $3.03 Billion | $1.81 Billion | ▼ -1.1 pp |
| 2001 | 41.5% | $1.26 Billion | $3.03 Billion | $1.77 Billion | ▲ +4.3 pp |
| 2000 | 37.2% | $1.04 Billion | $2.78 Billion | $1.75 Billion | ▲ +2.8 pp |
| 1999 | 34.5% | $595.20 Million | $1.73 Billion | $1.13 Billion | ▲ +1.3 pp |
| 1998 | 33.2% | $457.68 Million | $1.38 Billion | $921.84 Million | ▼ -39.6 pp |
| 1997 | 72.8% | $125.40 Million | $172.20 Million | $46.80 Million | ▲ +24.3 pp |
| 1996 | 48.6% | $117.50 Million | $242.00 Million | $124.50 Million | ▼ -16.4 pp |
| 1995 | 64.9% | $116.00 Million | $178.70 Million | $62.70 Million | ▲ +0.0 pp |
| 1994 | 64.9% | $116.00 Million | $178.70 Million | $62.70 Million | ▲ +4.6 pp |
| 1993 | 60.3% | $108.50 Million | $179.90 Million | $71.40 Million | — |