Frontline (FRO) Change in Working Capital (2009 - 2024)
Frontline (FRO) posted Change in Working Capital of -$4.5 million for Q4 2024, down 140.1% on a QoQ basis from -$1.9 million in Q3 2024, and down 318.25% year-over-year from $2.1 million in Q1 2024.
Frontline (FRO) Change in Working Capital (2009 - 2024) Analysis & Trends
Frontline (FRO) has reported Change in Working Capital for 16 consecutive years, with -$4.5 million the latest figure, recorded in Q4 2024.
- Change in Working Capital for Q4 2024 came in at -$4.5 million, down 318.25% year-over-year; the trailing twelve-month figure through Dec 2024 was $1.5 million (down 91.63% YoY), and the FY2025 annual result was -$124000.0, down 108.38% from the prior year.
- Change in Working Capital was -$4.5 million for Q4 2024 at Frontline, down from -$1.9 million in the prior quarter.
- Over five years, Change in Working Capital peaked at $11.3 million in Q1 2020 and troughed at -$4.5 million in Q4 2024.
- A 5-year average of $2.6 million and a median of $2.0 million in 2022 frame the typical range for Change in Working Capital.
- Annual changes were most pronounced in 2020 — Change in Working Capital slumped 2298.76% — and 2024, when it soared 10911.11%.
- Year by year, Change in Working Capital stood at $7.0 million in 2020, then plunged by 35.93% to $4.5 million in 2021, then decreased by 24.23% to $3.4 million in 2022, then slumped by 39.16% to $2.1 million in 2023, then slumped by 318.25% to -$4.5 million in 2024.
- Per Business Quant, the three latest FRO Change in Working Capital figures stand at -$4.5 million (Q4 2024), -$1.9 million (Q3 2024), and $2.9 million (Q2 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Working Capital (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | - |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | - |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | - |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | - |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | - |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | - |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | - |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | - |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | - |
| 10 | Frontline | 7.75 Bn | 7.48 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -4.51 Mn |
| Dec 31, 2024 | -4.51 Mn |
| Sep 30, 2024 | -1.88 Mn |
| Sep 30, 2024 | -1.88 Mn |
| Jun 30, 2024 | 2.92 Mn |
| Jun 30, 2024 | 2.92 Mn |
| Mar 31, 2024 | 4.95 Mn |
| Mar 31, 2024 | 4.95 Mn |
| Dec 31, 2023 | 2.07 Mn |
| Dec 31, 2023 | 2.07 Mn |
| Sep 30, 2023 | 4.94 Mn |
| Sep 30, 2023 | 4.94 Mn |
| Jun 30, 2023 | -27,000.00 |
| Jun 30, 2023 | -27,000.00 |
| Mar 31, 2023 | 10.69 Mn |
| Mar 31, 2023 | 10.69 Mn |
| Dec 31, 2022 | 3.40 Mn |
| Dec 31, 2022 | 3.40 Mn |
| Sep 30, 2022 | 405,000.00 |
| Sep 30, 2022 | 405,000.00 |