Frontline (FRO) Change in Working Capital (2009 - 2024)
Frontline (FRO) reported Change in Working Capital of -$4.5 million for Q4 2024, down 318.25% on a YoY basis from $2.1 million in Q1 2024, and down 140.1% quarter-over-quarter from -$1.9 million in Q3 2024.
Frontline (FRO) Change in Working Capital (2009 - 2024) Analysis & Trends
Frontline has reported Change in Working Capital for 16 years, with the latest figure at -$4.5 million in Q4 2024.
- For the quarter ending Q4 2024, Change in Working Capital fell 318.25% year-over-year to -$4.5 million; the trailing twelve-month figure through Dec 2024 stood at $1.5 million (down 91.63% YoY), and the FY2025 full-year result was -$124000.0, down 108.38% from the prior year.
- Change in Working Capital for Q4 2024 stood at -$4.5 million, down from -$1.9 million in the prior quarter.
- The five-year high for Change in Working Capital was $12.9 million in Q2 2020, with the low at -$4.5 million in Q4 2024.
- Historically, Change in Working Capital has averaged $2.5 million across 5 years, with a median of $498500.0 in 2021.
- Annual changes were most pronounced in 2020 — Change in Working Capital tumbled 360.98% — and 2024, when it surged 10911.11%.
- Frontline's Change in Working Capital stood at $7.0 million in 2020, then plunged by 35.93% to $4.5 million in 2021, then slumped by 89.94% to $451000.0 in 2022, then jumped by 358.09% to $2.1 million in 2023, then slumped by 318.25% to -$4.5 million in 2024.
- The last three Change in Working Capital figures came in at -$4.5 million (Q4 2024), -$1.9 million (Q3 2024), and $2.9 million (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Working Capital (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | - |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | - |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | - |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | - |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | - |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | - |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | - |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | - |
| 10 | Frontline | 8.07 Mn | -252.48 Mn | - | - |
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 | 451,000.00 |
| Dec 31, 2022 | 451,000.00 |
| Sep 30, 2022 | 405,000.00 |
| Sep 30, 2022 | 405,000.00 |