Frontier Group Holdings Inc

NASDAQ ULCC

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Frontier Group Holdings Inc Net Current Asset Value 5 year CAGR for the year ending December 31, 2023: 83.66%

Frontier Group Holdings Inc Net Current Asset Value 5 year CAGR is 83.66% for the year ending December 31, 2023, a 30.89% change year over year. Net current asset value is a financial metric that represents the excess of a company's current assets over its total liabilities. It is calculated by subtracting the total liabilities from the total current assets of a company. Net current asset value provides insights into the value that would be available to shareholders if the company were to liquidate its current assets and pay off its liabilities. This metric is used to assess the company's liquidity position and the potential value for shareholders in a liquidation scenario. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Frontier Group Holdings Inc Net Current Asset Value for the year ending December 31, 2022 was -2,970,000,000.00, a -11.32% change year over year.
  • Frontier Group Holdings Inc Net Current Asset Value for the year ending December 31, 2021 was -2,668,000,000.00, a -2.85% change year over year.
  • Frontier Group Holdings Inc Net Current Asset Value for the year ending December 31, 2020 was -2,594,000,000.00, a -9.08% change year over year.
  • Frontier Group Holdings Inc Net Current Asset Value for the year ending December 31, 2019 was -2,378,000,000.00.
NASDAQ: ULCC

Frontier Group Holdings Inc

CEO Mr. Barry L. Biffle
IPO Date April 1, 2021
Location United States
Headquarters 4545 Airport Way, Denver, CO, United States, 80239
Employees 7,675
Sector Industrials
Industry Airlines
Description

Frontier Group Holdings, Inc., provides low-fare passenger airline services to leisure travelers in the United States and Latin America. The company sells its products through direct distribution channels, including its website, mobile app, and contact centers. As of December 31, 2023, it had a fleet of 136 Airbus single-aisle aircrafts. Frontier Group Holdings, Inc. was founded in 1994 and is headquartered in Denver, Colorado.

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StockViz Staff

September 19, 2024

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