Frontline Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec '25 Dec 31, 2025	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Cash & Equivalents	251.35	254.53	113.07	189.65	177.38
Short-Term Investments	2.07	236.28	2.44	8.47	10.97
Cash & Short-Term Investments	253.41	490.81	115.51	198.12	188.34
Cash Growth	-48.37%	324.91%	-41.70%	5.19%	40.15%
Accounts Receivable	-	139.47	73.53	40.97	63.25
Other Receivables	-	13.49	11.68	36.21	41.05
Total Trade Receivables	-	152.95	85.21	77.18	104.29
Inventory	-	217.75	119.28	92.56	138
Other Current Assets	453.84	19.54	12.75	10.45	17.85
Total Current Assets	707.25	881.05	332.75	378.32	448.49
Net Property, Plant & Equipment	4,912	3,702	3,647	3,418	3,056
Goodwill	112.45	112.45	112.45	112.45	112.45
Long-Term Investments	8.79	16.3	0.56	1.28	4.93
Other Long-Term Assets	13.14	56.89	14.12	8.59	75.53
Total Assets	5,754	4,768	4,107	3,918	3,698
Accounts Payable	-	81.53	43.36	7.86	13.04
Accrued Expenses	-	-	-	42.53	75.75
Short-Term Debt	320.52	277.85	198.67	167.08	438.96
Current Portion of Long-Term Debt	320.52	277.85	198.67	167.08	438.96
Current Portion of Leases	-	1.02	8.72	12.36	288.38
Other Current Liabilities	174.19	31.25	36.25	51.53	32
Total Current Liabilities	494.71	391.66	287	281.36	848.12
Long-Term Debt	2,747	2,112	2,127	1,969	1,254
Long-Term Leases	-	2.37	43.98	52.64	84.01
Other Long-Term Liabilities	0.82	2.05	6.67	3.74	1.06
Total Long-Term Liabilities	2,748	2,117	2,178	2,025	1,339
Total Liabilities	3,243	2,509	2,465	2,307	2,188
Common Stock	-	222.62	203.53	197.69	196.89
Additional Paid-in Capital	-	1,609	1,452	1,406	1,468
Accumulated Other Comprehensive Income	-	0.45	0.23	0.2	0.33
Retained Earnings	-	428.51	-13.63	8.02	-155.15
Total Common Shareholders' Equity	2,511	2,260	1,643	1,612	1,510
Minority Interest	-0.47	-0.47	-0.47	-0.47	0.23
Shareholders' Equity	2,511	2,260	1,642	1,612	1,510
Total Liabilities & Equity	5,754	4,768	4,107	3,918	3,698
Total Debt	3,388	2,672	2,577	2,368	2,505
Net Cash (Debt)	-3,135	-2,181	-2,461	-2,170	-2,316
Net Cash Per Share	-14.08	-10.19	-12.37	-10.97	-12.92
Book Value	2,511	2,260	1,643	1,612	1,510
Book Value Per Share	11.28	10.56	8.26	8.15	8.42
Tangible Book Value	2,399	2,148	1,530	1,500	1,398
Tangible Book Value Per Share	10.78	10.04	7.69	7.58	7.79

Updated Feb 27, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q