Frontline Ltd (FRO) - Total Assets

Latest as of September 2025: Nkr5.71 Billion NOK ≈ $600.90 Million USD

Based on the latest financial reports, Frontline Ltd (FRO) holds total assets worth Nkr5.71 Billion NOK (≈ $600.90 Million 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. See FRO net asset value for net asset value and shareholders' equity analysis.

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.

Frontline Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Frontline Ltd's total assets of Nkr5.71 Billion consist of 13.3% current assets and 86.7% non-current assets.

Asset Category	Amount (NOK)	% of Total Assets
Cash & Equivalents	Nkr0.00	6.7%
Accounts Receivable	Nkr151.93 Million	2.4%
Inventory	Nkr237.22 Million	3.8%
Property, Plant & Equipment	Nkr0.00	0.0%
Intangible Assets	Nkr0.00	0.0%
Goodwill	Nkr112.45 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. For live market cap, price, and company overview, see Frontline Ltd (FRO) total market value.

Show as percentage

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 inventory at 3.8% 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
Excelerate Energy Inc NYSE:EE	USA	$4.10 Billion
Teekay Corporation NYSE:TK	USA	$2.25 Billion
Transportadora de Gas del Norte SA Class C BA:TGNO4	Argentina	AR$1.26 Trillion
CMB.TECH NV BR:CMBT	Belgium	€8.37 Billion
Fluxys Belgium BR:FLUX	Belgium	€3.28 Billion
Enbridge Inc TO:ENB	Canada	CA$218.47 Billion
TC Energy Corp TO:TRP	Canada	CA$118.75 Billion
Pembina Pipeline Corp TO:PPL	Canada	CA$35.55 Billion

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	0.00	0.00	0.00
Working Capital	Nkr161.61 Million	Nkr234.57 Million	Nkr96.96 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	2.85
Latest Market Cap to Assets Ratio	1.27
Asset Growth Rate (YoY)	5.7%
Total Assets	Nkr6.22 Billion
Market Capitalization	$7.89 Billion USD

Valuation Analysis

Above Book Valuation: The market values Frontline Ltd's assets above their book value (1.27x), reflecting positive investor sentiment about the company's future prospects.

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	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	--

About Frontline Ltd

OL:FRO Norway Oil & Gas Midstream

Market Cap

$7.89 Billion

Nkr75.02 Billion NOK

Market Cap Rank

#2640 Global

#17 in Norway

Share Price

Nkr337.00

Change (1 day)

+0.75%

52-Week Range

Nkr164.70 - Nkr364.00

All Time High

Nkr364.00