Frontline Ltd
Frontline plc, a shipping company, engages in the ownership and operation of oil and product tankers worldwide. The company owns and operates oil and product tankers, such as very large crude carriers (VLCCs), Suezmax tankers, and LR2/Aframax tankers. As of December 31, 2024, it operated a fleet of 81 vessels, including 41 VLCCs, 22 Suezmax tankers, and 18 LR2/Aframax tankers. The company is also… Read more
Frontline Ltd (FRO) - Total Assets
Latest total assets as of September 2025: $5.71 Billion USD
Based on the latest financial reports, Frontline Ltd (FRO) holds total assets worth $5.71 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Frontline Ltd - Total Assets Trend (1993–2024)
This chart illustrates how Frontline Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Frontline Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Frontline Ltd's total assets of $5.71 Billion consist of 13.3% current assets and 86.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $413.53 Million | 6.7% |
| Accounts Receivable | $151.93 Million | 2.4% |
| Inventory | $237.22 Million | 3.8% |
| Property, Plant & Equipment | $5.25 Billion | 84.4% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $112.45 Million | 1.8% |
Asset Composition Trend (1993–2024)
This chart illustrates how Frontline Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Frontline Ltd's current assets represent 13.3% of total assets in 2024, a decrease from 34.7% in 1993.
- Cash Position: Cash and equivalents constituted 6.7% of total assets in 2024, up from 3.2% in 1993.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 1993.
- Asset Diversification: The largest asset category is property, plant & equipment at 84.4% of total assets.
Frontline Ltd Competitors by Total Assets
Key competitors of Frontline Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Senton Energy Co. Ltd. A
SHE:001331
|
China | CN¥1.68 Billion |
|
Shaanxi Provincial Natural Gas Co Ltd
SHE:002267
|
China | CN¥13.96 Billion |
|
Zhuhai Winbase International Chemical Tank Terminal Co Ltd
SHE:002492
|
China | CN¥2.32 Billion |
|
HENGYANG PETROCHEM (5HY.SG)
STU:5HY
|
Germany | €535.36 Million |
|
Shanxi Guoxin Energy Co Ltd A
SHG:600617
|
China | CN¥25.35 Billion |
|
Nanjing Tanker Corp
SHG:601975
|
China | CN¥13.19 Billion |
|
China Merchants Energy Shipping Co Ltd
SHG:601872
|
China | CN¥77.88 Billion |
|
Anhui Province Natural Gas Development Co Ltd
SHG:603689
|
China | CN¥7.57 Billion |
Frontline Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Frontline Ltd generates 0.33x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Frontline Ltd generates $7.97 in net profit.
Frontline Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.37 | 1.43 | 1.34 |
| Quick Ratio | 1.37 | 1.43 | 1.02 |
| Cash Ratio | 0.43 | 0.59 | 0.00 |
| Working Capital | $161.61 Million | $ 234.57 Million | $ 96.96 Million |
Frontline Ltd - Advanced Valuation Insights
This section examines the relationship between Frontline Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.84 |
| Latest Market Cap to Assets Ratio | 0.66 |
| Asset Growth Rate (YoY) | 5.7% |
| Total Assets | $6.22 Billion |
| Market Capitalization | $4.11 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Frontline Ltd's assets below their book value (0.66 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Frontline Ltd's assets grew by 5.7% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Frontline Ltd (1993–2024)
The table below shows the annual total assets of Frontline Ltd from 1993 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $6.22 Billion | +5.75% |
| 2023-12-31 | $5.88 Billion | +23.17% |
| 2022-12-31 | $4.78 Billion | +16.01% |
| 2021-12-31 | $4.12 Billion | +5.08% |
| 2020-12-31 | $3.92 Billion | +5.96% |
| 2019-12-31 | $3.70 Billion | +20.14% |
| 2018-12-31 | $3.08 Billion | -1.78% |
| 2017-12-31 | $3.13 Billion | +5.64% |
| 2016-12-31 | $2.97 Billion | +2.76% |
| 2015-12-31 | $2.89 Billion | +200.01% |
| 2014-12-31 | $962.18 Million | -29.64% |
| 2013-12-31 | $1.37 Billion | -18.99% |
| 2012-12-31 | $1.69 Billion | -8.28% |
| 2011-12-31 | $1.84 Billion | -51.54% |
| 2010-12-31 | $3.80 Billion | +2.23% |
| 2009-12-31 | $3.72 Billion | -7.76% |
| 2008-12-31 | $4.03 Billion | +7.06% |
| 2007-12-31 | $3.76 Billion | -18.04% |
| 2006-12-31 | $4.59 Billion | +0.48% |
| 2005-12-31 | $4.57 Billion | +5.28% |
| 2004-12-31 | $4.34 Billion | -2.80% |
| 2003-12-31 | $4.46 Billion | +47.08% |
| 2002-12-31 | $3.03 Billion | +0.03% |
| 2001-12-31 | $3.03 Billion | +9.09% |
| 2000-12-31 | $2.78 Billion | +61.05% |
| 1999-12-31 | $1.73 Billion | +25.17% |
| 1998-12-31 | $1.38 Billion | +701.12% |
| 1997-12-31 | $172.20 Million | -28.84% |
| 1996-12-31 | $242.00 Million | +35.42% |
| 1995-12-31 | $178.70 Million | 0.00% |
| 1994-12-31 | $178.70 Million | -0.67% |
| 1993-12-31 | $179.90 Million | -- |