Frontline (FRO) Beginning Cash Balance (2021 - 2024)

Frontline (FRO) has reported Beginning Cash Balance for 4 consecutive years, with $308.3 million the latest figure, recorded in Q2 2024.

• For the quarter ending Q2 2024, Beginning Cash Balance rose 21.14% year-over-year to $308.3 million; the trailing twelve-month figure through Jun 2024 stood at $308.3 million (up 21.14% YoY), and the FY2022 full-year result was $113.1 million, down 40.38% from the prior year.
• Beginning Cash Balance advanced to $308.3 million in Q2 2024 per FRO's latest filing, from $254.5 million in the prior quarter.
• Across five years, Beginning Cash Balance topped out at $308.3 million in Q2 2024 and bottomed at $113.1 million in Q2 2022.
• Historically, Beginning Cash Balance has averaged $192.3 million across 4 years, with a median of $189.6 million in 2021.
• The sharpest annual moves came in 2022 and 2023: Beginning Cash Balance plunged 40.38% in 2022, then soared 125.1% in 2023.
• Over 4 years, Beginning Cash Balance stood at $189.6 million in 2021, then slumped by 40.38% to $113.1 million in 2022, then jumped by 125.1% to $254.5 million in 2023, then gained by 21.14% to $308.3 million in 2024.
• According to Business Quant data, Beginning Cash Balance over the past three periods registered $308.3 million, $254.5 million, and $254.5 million for Q2 2024, Q3 2023, and Q2 2023 respectively.