Frontier Airlines (ULCC)

Net assets on the balance sheet as of September 2024 : HK$4.26 Billion

According to Frontier Airlines's latest financial reports the company has HK$4.26 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Frontier Airlines - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$3.95 B	-0.43%
2022-12-31	$HK$3.97 B	-3.77%
2021-12-31	$HK$4.13 B	71.97%
2020-12-31	$HK$2.40 B	-43.07%
2019-12-31	$HK$4.22 B
2016-12-31	$HK$3.45 B	30.47%
2015-12-31	$HK$2.65 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Forward Air FWRD	HK$2.61 B	-38.70%	🇺🇸 USA
Frontier Airlines ULCC	HK$4.26 B	0.00%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Frontier Airlines (ULCC) - Net assets

Net assets on the balance sheet as of September 2024 : HK$4.26 Billion