Frontier Group Holdings Inc (ULCC) — Working Capital to Net Assets Ratio
Frontier Group Holdings Inc (ULCC) has a Working Capital to Net Assets ratio of -513.5% as of March 2026. Working capital of $-1.14 Billion (current assets of $1.10 Billion minus current liabilities of $2.24 Billion) is measured against net assets of $222.00 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Frontier Group Holdings Inc (ULCC) net asset quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Frontier Group Holdings Inc Working Capital to Net Assets (2015–2025)
This chart shows how Frontier Group Holdings Inc's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2015 to 2025. As of March 2026, the ratio stands at -513.5%, reflecting working capital of $-1.14 Billion against net assets of $222.00 Million USD. Check ULCC intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Frontier Group Holdings Inc (2015–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Frontier Group Holdings Inc from 2015 to 2025, covering 10 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Frontier Group Holdings Inc market capitalisation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -233.2% | $-1.15 Billion | $491.00 Million | $958.00 Million | $2.10 Billion | ▼ -90.5 pp |
| 2024 | -142.7% | $-862.00 Million | $604.00 Million | $990.00 Million | $1.85 Billion | ▲ +12.5 pp |
| 2023 | -155.2% | $-787.00 Million | $507.00 Million | $871.00 Million | $1.66 Billion | ▼ -50.1 pp |
| 2022 | -105.1% | $-535.00 Million | $509.00 Million | $1.02 Billion | $1.55 Billion | ▼ -50.6 pp |
| 2021 | -54.5% | $-289.00 Million | $530.00 Million | $1.04 Billion | $1.33 Billion | ▲ +59.3 pp |
| 2020 | -113.9% | $-353.00 Million | $310.00 Million | $650.00 Million | $1.00 Billion | ▼ -56.7 pp |
| 2019 | -57.2% | $-310.00 Million | $542.00 Million | $944.00 Million | $1.25 Billion | ▼ -86.8 pp |
| 2018 | 29.6% | $83.00 Million | $280.00 Million | $859.00 Million | $776.00 Million | ▼ -8.2 pp |
| 2016 | 37.9% | $169.00 Million | $446.00 Million | $722.00 Million | $553.00 Million | ▲ +25.3 pp |
| 2015 | 12.6% | $43.00 Million | $342.00 Million | $535.00 Million | $492.00 Million | — |