Frontier Transport Holdings (JSE:FTH) Debt-to-Equity : 0.14 (As of Sep. 2023)

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What is Frontier Transport Holdings Debt-to-Equity?

Frontier Transport Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was R79 Mil. Frontier Transport Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was R142 Mil. Frontier Transport Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was R1,618 Mil. Frontier Transport Holdings's debt to equity for the quarter that ended in Sep. 2023 was 0.14.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

JSE:FTH' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12 Med: 0.34 Max: 0.53
Current: 0.14

During the past 7 years, the highest Debt-to-Equity Ratio of Frontier Transport Holdings was 0.53. The lowest was 0.12. And the median was 0.34.

JSE:FTH's Debt-to-Equity is ranked better than
83.45% of 882 companies
in the Transportation industry
Industry Median: 0.565 vs JSE:FTH: 0.14

Frontier Transport Holdings Debt-to-Equity Historical Data

The historical data trend for Frontier Transport Holdings's Debt-to-Equity 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.

* Premium members only.

Frontier Transport Holdings Debt-to-Equity Chart

Frontier Transport Holdings Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.46

0.44

0.30

0.16

0.12

Frontier Transport Holdings Semi-Annual Data
	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial									0.23	0.16	0.13	0.12	0.14

Competitive Comparison of Frontier Transport Holdings's Debt-to-Equity

For the Railroads subindustry, Frontier Transport Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Transport Holdings's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Frontier Transport Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Frontier Transport Holdings's Debt-to-Equity falls into.

Frontier Transport Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Frontier Transport Holdings's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(100.226	+	84.495)	/	1546.627
	=	0.12

Frontier Transport Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(79.025	+	141.8)	/	1618.377
	=	0.14

Frontier Transport Holdings (JSE:FTH) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Frontier Transport Holdings Debt-to-Equity Related Terms

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Frontier Transport Holdings (JSE:FTH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Frontier Transport Holdings Ltd (JSE:FTH) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

103 Bofors Circle, Epping Industria, Cape Town, WC, ZAF, 7460

Website

http://www.hplr.co.za

Frontier Transport Holdings Ltd, formerly Hosken Passenger Logistics And Rail Ltd through its subsidiary provide a scheduled commuter bus operator in the Cape Metropole. It is engaged in the provision of passenger transport services within South Africa. The company operates in the luxury and semi-luxury coach markets.

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