Frontline Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	470.76	251.35	413.53	308.32	254.53	113.07
Short-Term Investments	0.91	2.07	4.03	7.43	236.28	2.44
Cash & Short-Term Investments	471.67	253.41	417.56	315.75	490.81	115.51
Cash Growth	7.59%	-39.31%	32.24%	-35.67%	324.91%	-36.95%
Accounts Receivable	-	134	128.94	124.65	139.47	73.53
Other Receivables	-	13.09	8.53	19.29	13.49	11.68
Total Trade Receivables	-	147.09	137.48	143.94	152.95	85.21
Inventory	-	120.07	137	135.16	107.11	80.79
Other Current Assets	487.47	186.68	133.98	133.07	130.18	51.24
Total Current Assets	959.14	707.25	826.01	727.93	881.05	332.75
Net Property, Plant & Equipment	4,568	4,912	5,248	4,635	3,702	3,647
Goodwill	112.45	112.45	112.45	112.45	112.45	112.45
Long-Term Investments	20.15	8.79	11.79	12.39	16.3	0.56
Other Long-Term Assets	5.56	13.14	22.42	394.6	56.89	14.12
Total Assets	5,666	5,754	6,221	5,883	4,768	4,107
Accounts Payable	-	174.19	134.18	145.95	112.78	79.61
Short-Term Debt	279.59	320.52	460.32	262	277.85	198.67
Current Portion of Leases	-	-	1.15	1.1	1.02	8.72
Other Current Liabilities	191.91	-	-	-	-	-
Total Current Liabilities	471.5	494.71	595.65	409.05	391.66	287
Long-Term Debt	2,351	2,747	3,284	3,194	2,112	2,127
Long-Term Leases	-	-	0.45	1.43	2.37	43.98
Other Long-Term Liabilities	1.73	0.82	0.45	0.47	2.05	6.67
Total Long-Term Liabilities	2,353	2,748	3,285	3,196	2,117	2,178
Total Liabilities	2,825	3,243	3,881	3,605	2,509	2,465
Common Stock	-	222.62	222.62	222.62	222.62	203.53
Additional Paid-in Capital	-	1,609	1,609	1,609	1,609	1,452
Accumulated Other Comprehensive Income	-	0.44	1.78	0.42	0.45	0.23
Retained Earnings	-	679.51	507.47	446	428.51	-13.63
Total Common Shareholders' Equity	2,841	2,511	2,341	2,278	2,260	1,643
Minority Interest	-0.47	-0.47	-0.47	-0.47	-0.47	-0.47
Shareholders' Equity	2,841	2,511	2,340	2,277	2,260	1,642
Total Liabilities & Equity	5,666	5,754	6,221	5,883	4,768	4,107
Total Debt	2,631	3,068	3,746	3,459	2,394	2,378
Net Cash (Debt)	-2,159	-2,814	-3,328	-3,143	-1,903	-2,263
Net Cash Per Share	-9.70	-12.64	-14.95	-14.12	-8.89	-11.37
Book Value	2,841	2,511	2,341	2,278	2,260	1,643
Book Value Per Share	12.76	11.28	10.51	10.23	10.56	8.26
Tangible Book Value	2,729	2,399	2,228	2,165	2,148	1,530
Tangible Book Value Per Share	12.26	10.78	10.01	9.73	10.04	7.69

SEC Filings: 10-K · 10-Q