Frontier Group Holdings
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Frontier Group Holdings's balance sheet done over the years? Its assets were worth $4,993,000,000 last year, which is more than in the previous period. 90% of Frontier Group Holdings’s total assets is currently financed by debt. Its liabilities reached the amount of $4,486,000,000, which means an increase by 12% compared compared to last year.
Debt to Assets
| 2015 | 1128000000 | 786M | 69.68% |
|---|---|---|---|
| 2016 | 1341000000 | 895M | 66.74% |
| 2019 | 3864000000 | 3.32B | 85.97% |
| 2020 | 3554000000 | 3.24B | 91.28% |
| 2021 | 4235000000 | 3.70B | 87.49% |
| 2022 | 4499000000 | 3.99B | 88.69% |
| 2023 | 4993000000 | 4.48B | 89.85% |
ULCC Balance Sheet (2015 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|
Assets | |||||||
Current assets: | |||||||
Cash and cash equivalents | 609M | 761M | 918M | 378M | 768M | 612M | 419M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 96M | 98M | 62M | 215M | 101M | 47M | 76M |
Inventory | 79M | 55M | 29M | 18M | 20M | 19M | 10M |
Other current assets | 87M | 62M | 14M | 15M | 37M | 44M | 30M |
Total current assets | 871M | 1.02B | 1.03B | 650M | 944M | 722M | 535M |
Non-current assets: | |||||||
Property, Plant and Equipment | 3.27B | 2.71B | 2.61B | 2.42B | 2.44B | 276M | 265M |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 28M | 28M | 29M | 29M | 30M | 35M | 37M |
Long term investments | 0 | 0 | 0 | 0 | 9M | 0 | -80M |
Other non-current assets | 821M | 741M | 557M | 449M | 448M | 308M | 291M |
Total non-current assets | 4.12B | 3.47B | 3.19B | 2.90B | 2.92B | 619M | 593M |
Total assets | 4.99B | 4.49B | 4.23B | 3.55B | 3.86B | 1.34B | 1.12B |
Liabilities | |||||||
| Current liabilities: | |||||||
Accounts payable | |||||||
Deferred revenue | 0 | 313M | 173M | 138M | 142M | 7M | 3M |
Short term debt | 800M | 622M | 571M | 517M | 537M | 150M | 115M |
Total current liabilities | 1.65B | 1.55B | 1.32B | 1.00B | 1.25B | 553M | 492M |
| Non-current liabilities: | |||||||
Long term debt | 2.65B | 2.30B | 2.27B | 2.09B | 1.96B | 96M | 118M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 169M | 111M | 80M | 114M | 72M | 164M | 124M |
Total non-current liabilities | 2.82B | 2.43B | 2.37B | 2.24B | 2.06B | 342M | 294M |
Total liabilities | 4.48B | 3.99B | 3.70B | 3.24B | 3.32B | 895M | 786M |
| Data source | Data source | Data source |