Frontline (FRO) Exchange Rate Effect (2013 - 2021)
Frontline's (FRO) quarterly Exchange Rate Effect came in at $78000.0 in Q4 2021, up 104.08% on a YoY basis from $38221.2 in Q4 2020, and up 102.51% quarter-over-quarter from -$3.1 million in Q1 2021.
Analysis
Frontline (FRO) Exchange Rate Effect (2013 - 2021) Analysis & Trends
Frontline (FRO) has reported Exchange Rate Effect for 6 consecutive years, with $78000.0 the latest figure, recorded in Q4 2021.
- For the quarter ending Q4 2021, Exchange Rate Effect rose 104.08% year-over-year to $78000.0; the trailing twelve-month figure through Dec 2021 stood at -$5.1 million (down 303.73% YoY), and the FY2021 full-year result was $28000.0, down 98.88% from the prior year.
- Exchange Rate Effect grew to $78000.0 in Q4 2021 per FRO's latest filing, from -$3.1 million in the prior quarter.
- Across five years, Exchange Rate Effect topped out at $5.4 million in Q1 2020 and bottomed at -$3.1 million in Q1 2021.
- Historically, Exchange Rate Effect has averaged -$227000.0 across 3 years, with a median of -$717500.0 in 2019.
- The sharpest annual moves came in 2020 and 2021: Exchange Rate Effect surged 290.8% in 2020, then tumbled 157.48% in 2021.
- Over 3 years, Exchange Rate Effect stood at -$758000.0 in 2019, then sank by 152.51% to -$1.9 million in 2020, then surged by 104.08% to $78000.0 in 2021.
- According to Business Quant data, Exchange Rate Effect over the past three periods registered $78000.0, -$3.1 million, and -$1.9 million for Q4 2021, Q1 2021, and Q4 2020 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | - |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | - |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | - |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | - |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | - |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | -659,000.00 |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | - |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | - |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | - |
| 10 | ZIM Integrated Shipping Services | 3.44 Bn | 2.41 Bn | 255.00 Mn | -2.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2021 | 78,000.00 |
| Mar 31, 2021 | -3.10 Mn |
| Dec 31, 2020 | -1.91 Mn |
| Sep 30, 2020 | -137,000.00 |
| Jun 30, 2020 | -855,000.00 |
| Mar 31, 2020 | 5.40 Mn |
| Dec 31, 2019 | -758,000.00 |
| Sep 30, 2019 | -677,000.00 |
| Jun 30, 2019 | -1.68 Mn |
| Mar 31, 2019 | 1.38 Mn |
| Mar 31, 2015 | 112,000.00 |
| Mar 31, 2014 | 9,000.00 |
| Dec 31, 2013 | 29,000.00 |