Frontline (FRO) Other Accumulated Expenses (2009 - 2024)
Frontline's (FRO) quarterly Other Accumulated Expenses came in at $6.0 million in Q3 2024, down 61.59% on a YoY basis from $15.6 million in Q4 2023, and down 23.85% quarter-over-quarter from $7.9 million in Q2 2024.
Analysis
Frontline (FRO) Other Accumulated Expenses (2009 - 2024) Analysis & Trends
Frontline (FRO) has reported Other Accumulated Expenses for 16 consecutive years, with $6.0 million the latest figure, recorded in Q3 2024.
- For the quarter ending Q3 2024, Other Accumulated Expenses fell 61.59% year-over-year to $6.0 million; the trailing twelve-month figure through Sep 2024 stood at $6.0 million (down 61.59% YoY), and the FY2023 full-year result was $182000.0, down 73.0% from the prior year.
- Other Accumulated Expenses retreated to $6.0 million in Q3 2024 per FRO's latest filing, from $7.9 million in the prior quarter.
- Across five years, Other Accumulated Expenses topped out at $133.2 million in Q3 2022 and bottomed at -$2.8 million in Q4 2021.
- Historically, Other Accumulated Expenses has averaged $30.9 million across 5 years, with a median of $9.9 million in 2021.
- The sharpest annual moves came in 2020 and 2021: Other Accumulated Expenses surged 7175.4% in 2020, then sank 105.12% in 2021.
- Over 5 years, Other Accumulated Expenses stood at $55.0 million in 2020, then sank by 105.12% to -$2.8 million in 2021, then soared by 123.93% to $674000.0 in 2022, then slumped by 73.0% to $182000.0 in 2023, then surged by 3190.66% to $6.0 million in 2024.
- According to Business Quant data, Other Accumulated Expenses over the past three periods registered $6.0 million, $7.9 million, and $4.9 million for Q3 2024, Q2 2024, and Q1 2024 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 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 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 5.99 Mn |
| Jun 30, 2024 | 7.87 Mn |
| Mar 31, 2024 | 4.95 Mn |
| Dec 31, 2023 | 182,000.00 |
| Sep 30, 2023 | 15.59 Mn |
| Jun 30, 2023 | 10.66 Mn |
| Mar 31, 2023 | 10.69 Mn |
| Dec 31, 2022 | 674,000.00 |
| Sep 30, 2022 | 133.19 Mn |
| Jun 30, 2022 | 5.49 Mn |
| Mar 31, 2022 | 6.54 Mn |
| Dec 31, 2021 | -2.82 Mn |
| Sep 30, 2021 | 92.16 Mn |
| Jun 30, 2021 | 9.90 Mn |
| Mar 31, 2021 | 91.87 Mn |
| Dec 31, 2020 | 55.00 Mn |
| Sep 30, 2020 | 13.28 Mn |
| Jun 30, 2020 | 116.21 Mn |
| Mar 31, 2020 | 9.53 Mn |
| Dec 31, 2019 | 756,000.00 |