Is Large Cap Growth Index-Linked ETN due 2028 (FRLG) a Buy, Sell, or Hold?
AMEX : FRLG
Large Cap Growth Index-Linked ETN due 2028 — Financials
$300.82 USD
$14.32 (5.0%)
- Volume
- 464
- Average Volume
- 703
- Market Capitalization
- $0
- P/E Ratio
- 4.58
- Dividend Yield
- 0.00%
- Price Target
- Year High
- $381.01
- Year Low
- $215.86
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.28
- Current Ratio
- $0.74
FRLG Financial Statements
| date | 2025-12-31 |
|---|---|
| revenue | 44.72B |
| costOfRevenue | 19.86B |
| grossProfit | 24.86B |
| researchAndDevelopmentExpenses | - |
| generalAndAdministrativeExpenses | 1.77B |
| sellingAndMarketingExpenses | - |
| sellingGeneralAndAdministrativeExpenses | 1.77B |
| otherExpenses | 15.91B |
| operatingExpenses | 17.68B |
| costAndExpenses | 37.54B |
| netInterestIncome | 13.56B |
| interestIncome | 80.37B |
| interestExpense | 66.81B |
| depreciationAndAmortization | 2.18B |
| ebitda | 2.18B |
| ebit | - |
| nonOperatingIncomeExcludingInterest | - |
| operatingIncome | 7.18B |
| totalOtherIncomeExpensesNet | 10B |
| incomeBeforeTax | 17.18B |
| incomeTaxExpense | - |
| netIncomeFromContinuingOperations | 17.18B |
| netIncomeFromDiscontinuedOperations | - |
| otherAdjustmentsToNetIncome | - |
| netIncome | 17.18B |
| netIncomeDeductions | - |
| bottomLineNetIncome | 17.18B |
| eps | 51.95 |
| date | 2025-12-31 |
|---|---|
| cashAndCashEquivalents | 164.26B |
| shortTermInvestments | 99.24B |
| cashAndShortTermInvestments | 263.5B |
| netReceivables | - |
| accountsReceivables | - |
| otherReceivables | - |
| inventory | - |
| prepaids | - |
| otherCurrentAssets | -263.34B |
| totalCurrentAssets | 164M |
| propertyPlantEquipmentNet | - |
| goodwill | - |
| intangibleAssets | - |
| goodwillAndIntangibleAssets | - |
| longTermInvestments | - |
| taxAssets | - |
| otherNonCurrentAssets | - |
| totalNonCurrentAssets | - |
| otherAssets | 1.65B |
| totalAssets | 1.81B |
| totalPayables | - |
| accountPayables | - |
| otherPayables | - |
| accruedExpenses | - |
| shortTermDebt | 70M |
| capitalLeaseObligationsCurrent | - |
| taxPayables | - |
| deferredRevenue | - |
| otherCurrentLiabilities | - |
| totalCurrentLiabilities | 70M |
| longTermDebt | - |
| capitalLeaseObligationsNonCurrent | - |
| deferredRevenueNonCurrent | - |
| deferredTaxLiabilitiesNonCurrent | - |
| otherNonCurrentLiabilities | 1.62B |
| totalNonCurrentLiabilities | 1.62B |
| otherLiabilities | - |
| capitalLeaseObligations | - |
| totalLiabilities | 1.68B |
| treasuryStock | - |
| preferredStock | 15.15B |
| commonStock | 9M |
| retainedEarnings | 165.29B |
| additionalPaidInCapital | - |
| date | 2025-12-31 |
|---|---|
| netIncome | 17.18B |
| depreciationAndAmortization | 2.18B |
| deferredIncomeTax | 204M |
| stockBasedCompensation | 3.44B |
| changeInWorkingCapital | - |
| accountsReceivables | - |
| inventory | - |
| accountsPayables | - |
| otherWorkingCapital | - |
| otherNonCashItems | -68.16B |
| netCashProvidedByOperatingActivities | -45.15B |
| investmentsInPropertyPlantAndEquipment | -2.06B |
| acquisitionsNet | - |
| purchasesOfInvestments | - |
| salesMaturitiesOfInvestments | - |
| otherInvestingActivities | -42.16B |
| netCashProvidedByInvestingActivities | -44.23B |
| netDebtIssuance | - |
| longTermNetDebtIssuance | - |
| shortTermNetDebtIssuance | - |
| netStockIssuance | - |
| netCommonStockIssuance | - |
| commonStockIssuance | 1.9B |
| commonStockRepurchased | -12.36B |
| netPreferredStockIssuance | - |
| netDividendsPaid | -5.28B |
| commonDividendsPaid | - |
| preferredDividendsPaid | - |
| otherFinancingActivities | 71.38B |
| netCashProvidedByFinancingActivities | 66.1B |
| date | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|---|
| revenue | 16.38B | 13.67B | 9.75B | 11.33B | 11.48B |
| costOfRevenue | 6.35B | 5.67B | 4.91B | 4.92B | 4.92B |
| grossProfit | 10.04B | 8.01B | 4.83B | 6.41B | 6.56B |
| researchAndDevelopmentExpenses | - | - | - | - | - |
| generalAndAdministrativeExpenses | 372M | 379M | 474M | 432M | 440M |
| sellingAndMarketingExpenses | - | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | 372M | 379M | 474M | 432M | 440M |
| otherExpenses | 4.95B | 4.38B | 4.33B | 4.1B | 3.88B |
| operatingExpenses | 5.32B | 4.76B | 4.81B | 4.53B | 4.32B |
| costAndExpenses | 11.67B | 10.43B | 9.72B | 9.45B | 9.24B |
| netInterestIncome | 3.95B | - | 3.71B | - | - |
| interestIncome | 22.05B | 20.64B | 20.38B | 20.82B | 19.79B |
| interestExpense | 18.09B | 17.08B | 16.67B | 16.97B | 16.68B |
| depreciationAndAmortization | 509M | 495M | 527M | 531M | 618M |
| ebitda | 9.07B | 3.74B | 527M | 2.41B | 2.86B |
| ebit | 8.56B | - | - | - | - |
| nonOperatingIncomeExcludingInterest | - | - | - | - | - |
| operatingIncome | 4.71B | 3.25B | 24M | 1.88B | 2.24B |
| totalOtherIncomeExpensesNet | 1.92B | 2.38B | 4.59B | 2.22B | 1.48B |
| incomeBeforeTax | 6.63B | 5.63B | 4.62B | 4.1B | 3.72B |
| incomeTaxExpense | - | - | - | - | - |
| netIncomeFromContinuingOperations | 6.63B | 5.63B | 4.62B | 4.1B | 3.72B |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - |
| netIncome | 6.63B | 5.63B | 4.62B | 4.1B | 3.72B |
| netIncomeDeductions | - | - | - | - | - |
| bottomLineNetIncome | 6.4B | 5.63B | 4.62B | 4.1B | 3.72B |
| eps | 21.27 | 17.74 | 14.21 | 12.42 | 11.03 |
| date | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|---|
| cashAndCashEquivalents | 187B | 179.53B | 164M | 169.58B | 152.97B |
| shortTermInvestments | 789B | 137.01B | 99.24B | 103.96B | 103.41B |
| cashAndShortTermInvestments | 976B | 316.54B | 164M | 273.54B | 256.37B |
| netReceivables | 230B | - | - | - | - |
| accountsReceivables | - | - | - | - | - |
| otherReceivables | 230B | - | - | - | - |
| inventory | - | - | - | - | - |
| prepaids | - | - | - | - | - |
| otherCurrentAssets | - | - | - | - | - |
| totalCurrentAssets | 1.21T | 316.54B | 164M | 273.54B | 256.37B |
| propertyPlantEquipmentNet | - | - | - | - | - |
| goodwill | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - |
| longTermInvestments | 517B | - | - | - | - |
| taxAssets | - | - | - | - | - |
| otherNonCurrentAssets | 405B | - | - | - | - |
| totalNonCurrentAssets | 922B | - | - | - | - |
| otherAssets | - | 1.74T | 1.65B | 1.53T | 1.53T |
| totalAssets | 2.13T | 2.06T | 1.81B | 1.81T | 1.79T |
| totalPayables | 300B | - | - | - | - |
| accountPayables | - | - | - | - | - |
| otherPayables | 300B | - | - | - | - |
| accruedExpenses | - | - | - | - | - |
| shortTermDebt | 90B | 81M | 70M | 72.38B | 69B |
| capitalLeaseObligationsCurrent | - | - | - | - | - |
| taxPayables | - | - | - | - | - |
| deferredRevenue | - | - | - | - | - |
| otherCurrentLiabilities | 1.24T | 80.8B | - | - | - |
| totalCurrentLiabilities | 1.63T | 80.88B | 70M | 72.38B | 69B |
| longTermDebt | 348B | - | - | - | - |
| capitalLeaseObligationsNonCurrent | - | - | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - |
| otherNonCurrentLiabilities | 27B | 1.86T | 1.62B | 1.61T | 1.59T |
| totalNonCurrentLiabilities | 375B | 1.86T | 1.62B | 1.61T | 1.59T |
| otherLiabilities | - | - | - | - | - |
| capitalLeaseObligations | - | - | - | - | - |
| totalLiabilities | 2T | 1.94T | 1.68B | 1.68T | 1.66T |
| treasuryStock | - | - | - | - | - |
| preferredStock | - | 13.7B | 15.15B | 15.15B | 15.15B |
| commonStock | - | 9M | 9M | 9M | 9M |
| retainedEarnings | - | 169.32B | 165.29B | 162.14B | 159.54B |
| additionalPaidInCapital | - | - | - | - | - |
| date | 2026-06-30 | 2026-03-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| netIncome | 8.16B | 5.63B | 4.1B | 3.72B |
| depreciationAndAmortization | 1.01B | 495M | -3M | 13M |
| deferredIncomeTax | -9.64B | -47M | 9.16B | 9.11B |
| stockBasedCompensation | 1.87B | 2.53B | 1.1B | 858M |
| changeInWorkingCapital | 23.35B | - | -23.35B | -9.11B |
| accountsReceivables | 13.25B | - | -13.25B | -9.11B |
| inventory | - | - | - | - |
| accountsPayables | - | - | - | - |
| otherWorkingCapital | 10.1B | - | -10.1B | - |
| otherNonCashItems | -53.57B | -40.48B | 12.07B | 1.91B |
| netCashProvidedByOperatingActivities | -28.82B | -31.87B | 3.06B | 6.5B |
| investmentsInPropertyPlantAndEquipment | -408M | -565M | -659M | -643M |
| acquisitionsNet | -2.25B | -359M | 468M | 4.09B |
| purchasesOfInvestments | -61.42B | - | 61.42B | 61.42B |
| salesMaturitiesOfInvestments | 39.36B | - | -39.36B | -39.36B |
| otherInvestingActivities | -55.5B | -55.38B | -26.53B | -30.3B |
| netCashProvidedByInvestingActivities | -80.21B | -56.31B | -4.66B | -4.8B |
| netDebtIssuance | - | - | - | - |
| longTermNetDebtIssuance | - | - | - | - |
| shortTermNetDebtIssuance | - | - | - | - |
| netStockIssuance | - | - | - | - |
| netCommonStockIssuance | -4.58B | - | 4.58B | 1B |
| commonStockIssuance | -1.9B | - | 1.9B | 1.9B |
| commonStockRepurchased | -4.22B | -5B | -4.78B | -6.36B |
| netPreferredStockIssuance | - | - | - | - |
| netDividendsPaid | -1.66B | -1.59B | -1.53B | -1.1B |
| commonDividendsPaid | - | - | - | - |
| preferredDividendsPaid | - | - | - | - |
| otherFinancingActivities | 95.5B | 105.88B | 42.9B | 20.33B |
| netCashProvidedByFinancingActivities | 93.83B | 104.29B | 41.38B | 19.22B |