Is it safe?
Can ULCC take a bad year?
Frontier Group Holdings, Inc. holds $189M more cash than debt, and is burning $117M a quarter, about 1.6 years of cover.
$189M
Net cash
- Net debt / EBITDA
- net cash
Net debt / EBITDA · no net borrowings to measure against earnings
- Altman Z-score
- 0.43
Altman Z-score · distress zone, below 1.8
- Cash runway
- 1.6 years
Cash runway · burning $117M a quarter at the current rate
Details›
- Total debtQ1 2026
- $583M
- Cash and short-term investments
- $772M
- Net cash
- $189M
- EBITDA, trailing twelve months
- −$253M
- Operating profit, trailing twelve months
- −$386M
- Debt / equity
- 2.63×
- Annualised volatilitytwo years of daily moves
- 84%
- Worst drawdown on file
- −87%
- Below its 52-week high
- −26%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.