How much debt does Frontdoor have?
According to Frontdoor's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Frontdoor's total debt stands at $1.22B. This is broken down into:
- Long-term debt: $1.19B
- Short-term debt: $29.00M
The company's net debt, which accounts for cash and cash equivalents, is $798.00M. In terms of overall financial obligations, Frontdoor's total liabilities amount to $1.87B.
Debt Ratios and Metrics
To better understand Frontdoor's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 5.10 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 57.85% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 7.44 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 83.04% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 83.61% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Frontdoor's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$1.22B
Long-term Debt
$1.19B
Short-term Debt
$29.00M
Net Debt
$798.00M
Total Liabilities
$1.87B
Interest Coverage
7.44
Debt to Equity Ratio
5.10
Debt Ratio
57.85%
Frontdoor Historical Debt Metrics
Frontdoor Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $1.22B | $1.19B | $29.00M | $798.00M | $1.87B | 5.10 | 57.85% | 7.44 | 83.04% | 83.61% |
| 2023 | $610.00M | $593.00M | $17.00M | $285.00M | $953.00M | 4.45 | 56.01% | 5.68 | 80.81% | 81.66% |
| 2022 | $627.00M | $610.00M | $17.00M | $335.00M | $1.02B | 10.28 | 57.95% | 5.92 | 90.66% | 91.13% |
| 2021 | $644.00M | $627.00M | $17.00M | $382.00M | $1.07B | 214.67 | 60.24% | 8.28 | 99.51% | 99.54% |
| 2020 | $993.00M | $986.00M | $7.00M | $396.00M | $1.47B | -16.28 | 70.68% | 4.48 | 106.73% | 106.55% |
| 2019 | $1.00B | $993.00M | $7.00M | $572.00M | $1.43B | -5.59 | 80.00% | 4.51 | 122.54% | 121.80% |
| 2018 | $984.00M | $977.00M | $7.00M | $688.00M | $1.38B | -2.87 | 94.52% | 9.30 | 154.10% | 153.51% |
| 2017 | $9.00M | $- | $9.00M | $-273.00M | $755.00M | 0.01 | 0.64% | 239.00 | 0.00% | 1.34% |
| 2016 | $14.00M | $10.00M | $4.00M | $-154.00M | $716.00M | 0.03 | 1.10% | 0.00 | 1.75% | 2.44% |
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