Frontier Investment (Frontier Investment) Cash-to-Debt : 0.96 (As of Sep. 2023)

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What is Frontier Investment Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Frontier Investment's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.96.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Frontier Investment couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

(1) Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The historical rank and industry rank for Frontier Investment's Cash-to-Debt or its related term are showing as below:

FICV' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.96 Med: No Debt Max: No Debt
Current: 0.96

During the past 2 years, Frontier Investment's highest Cash to Debt Ratio was No Debt. The lowest was 0.96. And the median was No Debt.

FICV's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 2.565 vs FICV: 0.96

Frontier Investment Cash-to-Debt Historical Data

The historical data trend for Frontier Investment's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Frontier Investment Cash-to-Debt Chart

Frontier Investment Annual Data

Trend

Dec21

Dec22

Cash-to-Debt

No Debt

Frontier Investment Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial						No Debt	No Debt	No Debt	No Debt	0.96

Competitive Comparison of Frontier Investment's Cash-to-Debt

For the Shell Companies subindustry, Frontier Investment's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Frontier Investment's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Frontier Investment's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Frontier Investment's Cash-to-Debt falls into.

Frontier Investment Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Frontier Investment's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Frontier Investment had no debt ⁽¹⁾.

Frontier Investment's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	0.368	/	(0.383	+	0)
	=	0.96

Frontier Investment (NAS:FICV) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Frontier Investment Cash-to-Debt Related Terms

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Frontier Investment (Frontier Investment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Frontier Investment Corp (NAS:FICV) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

7G8:Germany

Address

3411 Silverside Road, Tatnall Building Number 104, Wilmington, DE, USA, 19810

Website

Frontier Investment Corp is a blank check company.

Executives

Richard J Berman	director	305 COLLEGE ROAD EAST, PRINCETON NJ 08540
Arif Mansuri	officer: CFO	PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Kiame Julie Abraham	director	C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-11
Iyad Malas	director	C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-11
Disruption Capital Frontier	10 percent owner	C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-11
Asar Mashkoor	director, officer: Chairman and CEO	C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-11
Gavin Teo	director	C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-11