FROFrontline plc

$41.22

Is it safe?

Can FRO take a bad year?

Frontline plc carries $2.82B of net debt at 3.04× EBITDA: a load its earnings can carry.

$2.82B

Net debt · as at FY2025 · between two and four years of EBITDA, normal for a stable business

Net debt / EBITDA
3.04×

Net debt / EBITDA · 2.97× a year ago · the load is going up

Interest cover
2.57×

Interest cover · operating profit covers the interest bill, with room to spare

Annualised volatility
48%

Annualised volatility · roughly twice as jumpy as the market

Details
Total debtFY2025
$3.07B
Cash and short-term investments
$251M
Net debt
$2.82B
EBITDA, trailing twelve months
$927M
Operating profit, trailing twelve months
$599M
Debt / equity
1.22×
Total debt / EBITDA
3.31×
Annualised volatilitytwo years of daily moves
48%
Worst drawdown on file
−52%
Below its 52-week high
−7.2%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.