Frontier Group Holdings
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Frontier Group Holdings generated cash of -$261,000,000, which is less than the previous year. Cash used in financing activities reached the amount of $199,000,000 last year. Net change in cash is therefore -$152,000,000.
Cash Flow
| 2014 | 184M | -57M | 9M |
|---|---|---|---|
| 2015 | 208M | -143M | 91M |
| 2016 | 238M | -39M | -6M |
| 2018 | 189M | -59M | -149M |
| 2019 | 171M | -62M | -39M |
| 2020 | -557M | 11M | 156M |
| 2021 | 216M | -67M | 391M |
| 2022 | -78M | -154M | 75M |
| 2023 | -261M | -90M | 199M |
ULCC Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 761M | 918M | 378M | 768M | 698M | 717M | 419M | 263M | 127M |
Operating activities | |||||||||
Net income | -11M | -37M | -102M | -225M | 251M | 80M | 200M | 146M | 140M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||||||
Depreciation and amortization | 50M | 45M | 38M | 33M | 46M | 78M | 75M | 54M | 29M |
Stock-based compensation expense | 14M | 15M | 11M | 8M | 8M | 26M | 42M | 44M | 6M |
| Deferred income tax benefit | 14M | 15M | 11M | 8M | 8M | 26M | 42M | 44M | 6M |
| Changes in operating assets and liabilities: | |||||||||
Accounts receivable, net | 33M | -28M | -14M | 61M | -6M | 28M | 28M | 15M | 29M |
Inventories | 0 | -40M | 174M | -166M | -18M | 29M | 20M | -5M | -1M |
Accounts payable | 47M | -4M | 13M | -213M | 24M | -7M | 20M | 6M | 2M |
Cash generated by operating activities | -261M | -78M | 216M | -557M | 171M | 189M | 238M | 208M | 184M |
Investing activities | |||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -87M | -152M | -63M | -16M | -62M | -59M | -30M | -146M | -69M |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8M | 0 |
Cash generated by investing activities | -90M | -154M | -67M | 11M | -62M | -59M | -39M | -143M | -57M |
Financing activities | |||||||||
Common Stock Issued | 0 | 1M | 266M | 0 | 0 | 0 | 0 | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | -159M | -211M | -101M | 0 | 0 |
Repurchases of common stock | -5M | -4M | -3M | -1M | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 40M | 7M | -97M | -126M | 31M | -236M | -97M | 91M | -29M |
Cash used in financing activities | 199M | 75M | 391M | 156M | -39M | -149M | -6M | 91M | 9M |
Net Change In Cash | -152M | -157M | 540M | -390M | 70M | -19M | 193M | 156M | 136M |
Cash at end of period | 609M | 761M | 918M | 378M | 768M | 698M | 612M | 419M | 263M |
| Data source | Data source | Data source |