Frontline Ltd (FRO) - Total Assets
Based on the latest financial reports, Frontline Ltd (FRO) holds total assets worth Nkr5.81 Billion NOK (≈ $611.67 Million USD) as of June 2026. 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 (1993–2025)
This chart illustrates how Frontline Ltd's total assets have evolved over time, based on quarterly financial data. Also see market value of Frontline Ltd for the company's overall valuation and market capitalisation.
Frontline Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
Frontline Ltd's total assets of Nkr5.81 Billion consist of 12.3% current assets and 87.7% non-current assets. Review Frontline Ltd balance sheet liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr0.00 | 4.4% |
| Accounts Receivable | Nkr123.54 Million | 2.2% |
| Inventory | Nkr261.17 Million | 4.5% |
| Property, Plant & Equipment | Nkr0.00 | 0.0% |
| Intangible Assets | Nkr0.00 | 0.0% |
| Goodwill | Nkr112.45 Million | 2.0% |
Asset Composition Trend (1993–2025)
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. See Frontline Ltd (FRO) share price today for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Frontline Ltd's current assets represent 12.3% of total assets in 2025, a decrease from 34.7% in 1993.
- Cash Position: Cash and equivalents constituted 4.4% of total assets in 2025, 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 inventory at 4.5% 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 |
|---|---|---|
|
AltaGas Ltd
TO:ALA
|
Canada | CA$27.71 Billion |
|
Scorpio Tankers Inc
NYSE:STNG
|
USA | $4.08 Billion |
|
China Merchants Energy Shipping Co Ltd
SHG:601872
|
China | CN¥77.88 Billion |
|
Nanjing Tanker Corp
SHG:601975
|
China | CN¥13.65 Billion |
|
Golar LNG Limited
F:G2O
|
Germany | €4.77 Billion |
|
Dorian LPG Ltd
NYSE:LPG
|
USA | $1.78 Billion |
|
Shanxi Guoxin Energy Co Ltd A
SHG:600617
|
China | CN¥25.35 Billion |
|
Permian Basin Royalty Trust
NYSE:PBT
|
USA | $2.41 Million |
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 | 1.87 | 1.88 | 1.20 |
| Quick Ratio | 1.87 | 1.39 | 0.77 |
| Cash Ratio | 0.00 | 0.00 | 0.46 |
| Working Capital | Nkr424.42 Million | Nkr414.36 Million | Nkr53.02 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 | 3.28 |
| Latest Market Cap to Assets Ratio | 2.00 |
| Asset Growth Rate (YoY) | -7.5% |
| Total Assets | Nkr5.75 Billion |
| Market Capitalization | $11.53 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Frontline Ltd's assets above their book value (2.00x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Frontline Ltd's assets decreased by 7.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Frontline Ltd (1993–2025)
The table below shows the annual total assets of Frontline Ltd from 1993 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr5.75 Billion ≈ $605.45 Million |
-7.51% |
| 2024-12-31 | Nkr6.22 Billion ≈ $654.61 Million |
+5.75% |
| 2023-12-31 | Nkr5.88 Billion ≈ $619.04 Million |
+23.17% |
| 2022-12-31 | Nkr4.78 Billion ≈ $502.59 Million |
+16.01% |
| 2021-12-31 | Nkr4.12 Billion ≈ $433.24 Million |
+5.08% |
| 2020-12-31 | Nkr3.92 Billion ≈ $412.31 Million |
+5.96% |
| 2019-12-31 | Nkr3.70 Billion ≈ $389.12 Million |
+20.14% |
| 2018-12-31 | Nkr3.08 Billion ≈ $323.88 Million |
-1.78% |
| 2017-12-31 | Nkr3.13 Billion ≈ $329.76 Million |
+5.64% |
| 2016-12-31 | Nkr2.97 Billion ≈ $312.14 Million |
+2.76% |
| 2015-12-31 | Nkr2.89 Billion ≈ $303.76 Million |
+200.01% |
| 2014-12-31 | Nkr962.18 Million ≈ $101.25 Million |
-29.64% |
| 2013-12-31 | Nkr1.37 Billion ≈ $143.91 Million |
-18.99% |
| 2012-12-31 | Nkr1.69 Billion ≈ $177.65 Million |
-8.28% |
| 2011-12-31 | Nkr1.84 Billion ≈ $193.68 Million |
-51.54% |
| 2010-12-31 | Nkr3.80 Billion ≈ $399.65 Million |
+2.23% |
| 2009-12-31 | Nkr3.72 Billion ≈ $390.95 Million |
-7.76% |
| 2008-12-31 | Nkr4.03 Billion ≈ $423.83 Million |
+7.06% |
| 2007-12-31 | Nkr3.76 Billion ≈ $395.88 Million |
-18.04% |
| 2006-12-31 | Nkr4.59 Billion ≈ $482.99 Million |
+0.48% |
| 2005-12-31 | Nkr4.57 Billion ≈ $480.67 Million |
+5.28% |
| 2004-12-31 | Nkr4.34 Billion ≈ $456.56 Million |
-2.80% |
| 2003-12-31 | Nkr4.46 Billion ≈ $469.69 Million |
+47.08% |
| 2002-12-31 | Nkr3.03 Billion ≈ $319.34 Million |
+0.03% |
| 2001-12-31 | Nkr3.03 Billion ≈ $319.24 Million |
+9.09% |
| 2000-12-31 | Nkr2.78 Billion ≈ $292.64 Million |
+61.05% |
| 1999-12-31 | Nkr1.73 Billion ≈ $181.71 Million |
+25.17% |
| 1998-12-31 | Nkr1.38 Billion ≈ $145.17 Million |
+701.12% |
| 1997-12-31 | Nkr172.20 Million ≈ $18.12 Million |
-26.69% |
| 1996-12-31 | Nkr234.90 Million ≈ $24.72 Million |
-2.93% |
| 1995-12-31 | Nkr242.00 Million ≈ $25.47 Million |
+35.42% |
| 1994-12-31 | Nkr178.70 Million ≈ $18.80 Million |
-0.67% |
| 1993-12-31 | Nkr179.90 Million ≈ $18.93 Million |
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About 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, 2025, it operated a fleet of 80 vessels, including 41 VLCCs, 21 Suezmax tankers, and 18 LR2/Aframax tankers. The company is also… Read more