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Frontline Ltd (FRO)

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149.48 +5.96    +4.15%
03/02 - Closed. Currency in NOK ( Disclaimer )
Type:  Equity
Market:  Norway
ISIN:  CY0200352116 
S/N:  10102040
  • Volume: 1,201,907
  • Bid/Ask: 0.00 / 0.00
  • Day's Range: 144.14 - 151.18
Frontline 149.48 +5.96 +4.15%

FRO Financial Summary

 
A brief financial summary of Frontline Ltd as well as the most significant critical numbers from each of its financial reports. In addition, some financial ratios derived from these reports are featured. Users can opt to see 4 periods of either annual or quarterly information.

Frontline Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 171.83 million compared to USD 382.19 million a year ago. Net loss was USD 33.21 million compared to net income of USD 154.44 million a year ago. Basic loss per share from continuing operations was USD 0.17 compared to basic earnings per share from continuing operations of USD 0.69 a year ago. Diluted loss per share from continuing operations was USD 0.17 compared to diluted earnings per share from continuing operations of USD 0.69 a year ago.For the nine months, sales was USD 900.07 million compared to USD 535.83 million a year ago. Net income was USD 232.68 million compared to net loss of USD 30.94 million a year ago. Basic earnings per share from continuing operations was USD 1.1 compared to basic loss per share from continuing operations of USD 0.16 a year ago. Diluted earnings per share from continuing operations was USD 1.1 compared to diluted loss per share from continuing operations of USD 0.16 a year ago.

AnnualQuarterly  
InvestingPro Advanced Financial Summary
TTM = Trailing Twelve Months
MRQ = Most Recent Quarter

FRO Income Statement

Gross margin TTM 34.95%
Operating margin TTM 18.67%
Net Profit margin TTM 22.67%
Return on Investment TTM 5.02%
 Total Revenue  Net Income
Period Ending: Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021
Total Revenue 382.19 300.44 217.44 213.55
Gross Profit 160.15 108.03 60.11 58.76
Operating Income 108.64 62.5 22.93 18.44
Net Income 154.44 47.1 31.15 19.79

FRO Balance Sheet

Quick Ratio MRQ 0.8
Current Ratio MRQ 1.63
LT Debt to Equity MRQ 103.17%
Total Debt to Equity MRQ 116.02%
 Total Assets  Total Liabilities
Period Ending: Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021
Total Assets 4548.66 4365.1 4060.95 4117.1
Total Liabilities 2521.07 2458.63 2376.79 2464.08
Total Equity 2027.59 1906.47 1684.16 1653.01

FRO Cash Flow Statement

Cash Flow/Share TTM 0.79
Revenue/Share TTM 5
Operating Cash Flow  16.17%
 Cash  Net Change in Cash
Period Ending: Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021
Period Length: 0 Months 0 Months 3 Months 0 Months
Cash From Operating Activities 68.64 17.34 62.93
Cash From Investing Activities -80.58 68.81 -363.06
Cash From Financing Activities 19.49 -88.05 223.55
Net Change in Cash 7.54 -1.9 -76.58
* In Millions of USD (except for per share items)
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FRO Comments

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Tom Christensen
Tom Christensen Dec 21, 2022 10:50AM ET
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is it time to sell ?
BaboonHunter Baloon
JohnJengaBaboons Nov 14, 2022 11:00AM ET
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rates at 100 k at low season
Noah Wright
Noah Wright Nov 14, 2022 11:00AM ET
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what?
Kah Carter
Kah Carter Jul 23, 2021 1:50PM ET
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No dividends ... then no need for this ... dumped like the trash it is.
David Garcia
David Garcia Jul 23, 2021 1:50PM ET
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Yup, there are a bunch of good companies with good dividends, no need for this company.
Adi Haj
Adi Haj Jul 23, 2021 1:50PM ET
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9.8 today
Vladimir Nej
Vladimir Nej May 29, 2021 5:41PM ET
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When coming Dividend in 2021? How know?
Flora Bervoix
Flora Bervoix May 27, 2021 11:03AM ET
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Q1 earnings today (May 27). EPS ? +0.15 (forecast was -0.9) ; forecast beaten. Revenue ? 194M (forecast was 103.57M) ; forecast beaten. Stock performance today ? -2.94%. Logical...
Kah Carter
Kah Carter May 25, 2021 8:25AM ET
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need this below $6 to buy again
listuser listuser
listuser listuser May 25, 2021 8:25AM ET
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They are on the Green side and things are only getting better as shipping rates increase. It should be more interesting when dividends comes back though.
Daisy Chen
Daisy Chen May 21, 2021 10:26AM ET
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why the big jump this week?
Le Kv
Le Kv May 19, 2021 6:46AM ET
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The six VLCCs are currently under construction at the Hyundai Heavy Industries (“HHI”) shipyard in South Korea and are being acquired for an aggregate purchase price of $565.8 million, including an estimated $25.7 million in additions and upgrades to the standard specifications. The vessels are designed to operate on different fuels, including Biofuel, have the potential to be converted or retrofitted to consume fuel The six VLCCs are currently under construction at the Hyundai Heavy Industries (“HHI”) shipyard in South Korea and are being acquired for an aggregate purchase price of $565.8 million, including an estimated $25.7 million in additions and upgrades to the standard specifications. The vessels are designed to operate on different fuels, including Biofuel, have the potential to be converted or retrofitted to consume fuel like LNG or Ammonia and consequently there is an ability to cut CO2 emissions to zero when technology, logistics and the regulatory framework allows for it. "
Le Kv
Le Kv May 19, 2021 6:46AM ET
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Sorry about the copy paste mess
Mihail Ghinea
Mihail Ghinea Mar 29, 2021 1:30PM ET
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almost triple profits in 2020 compared to 2019, 22% yield dividend... why is this stock dropping in price? Any ideeas?
Carlos Andres
Carlos Andres Mar 29, 2021 11:29AM ET
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time to buy!!!!!!!!!!!
 
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