Inger Klemp - Frontline CFO of Frontline Management AS

FRO Stock  NOK 180.90  4.65  2.51%   

CFO

Mrs. Inger Marie Klemp was Chief Financial Officer of Frontline Management AS, a subsidiary of Frontline Ltd. since June 1, 2006. Mrs. Klemp has served as a director of Independent Tankers Corporation Limited since February 2008 and has served as Chief Financial Officer of Knightsbridge Shipping Limited since September 2007. Mrs. Klemp served as Vice President Finance from August 2001 until she was promoted in May 2006. Mrs. Klemp graduated as MS in Business and Economics from the Norwegian School of Management in 1986. Mrs. Klemp served as Assistant Director Finance in Color Group ASA from 1998 to 2001 and as Group Financial Manager in Color Line ASA from 1992 to 1998, an OSE listed company and before that was Assistant Vice President in Nordea Bank Norge ASA handling structuring and syndication of loan facilities in the international banking market and a lending officer of Danske Bank AS. since 2006.
Age 59
Tenure 18 years
Phone441 295 6935
Webhttps://www.frontline.bm

Frontline Management Efficiency

The company has return on total asset (ROA) of 0.0304 % which means that it generated a profit of $0.0304 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1399 %, meaning that it generated $0.1399 on every $100 dollars invested by stockholders. Frontline's management efficiency ratios could be used to measure how well Frontline manages its routine affairs as well as how well it operates its assets and liabilities.
Frontline has accumulated 2.17 B in total debt with debt to equity ratio (D/E) of 152.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Frontline has a current ratio of 1.35, which is within standard range for the sector. Debt can assist Frontline until it has trouble settling it off, either with new capital or with free cash flow. So, Frontline's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Frontline sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Frontline to invest in growth at high rates of return. When we think about Frontline's use of debt, we should always consider it together with cash and equity.

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CFO Age

Tone BachkeTelenor ASA
51
Frontline Ltd., a shipping company, engages in the seaborne transportation of crude oil and oil products worldwide. It is also involved in the charter, purchase, and sale of vessels. Frontline Ltd operates under Shipping Ports classification in Norway and is traded on Oslo Stock Exchange. It employs 145 people. Frontline (FRO) is traded on Oslo Stock Exchange in Norway and employs 79 people.

Management Performance

Frontline Management Team

Elected by the shareholders, the Frontline's board of directors comprises two types of representatives: Frontline inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Frontline. The board's role is to monitor Frontline's management team and ensure that shareholders' interests are well served. Frontline's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Frontline's outside directors are responsible for providing unbiased perspectives on the board's policies.
Robert Macleod, Chief AS
Lars Barstad, Chief AS
Inger Klemp, CFO of Frontline Management AS

Frontline Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Frontline a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Additional Information and Resources on Investing in Frontline Stock

When determining whether Frontline offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Frontline's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Frontline Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Frontline Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Frontline. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
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Please note, there is a significant difference between Frontline's value and its price as these two are different measures arrived at by different means. Investors typically determine if Frontline is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Frontline's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.