Frontier Communications Parent Inc (FYBR)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 5,873,000 | 5,751,000 | 5,787,000 | 6,411,000 | 7,155,000 |
| Property, plant and equipment | US$ in thousands | — | — | 11,850,000 | 9,199,000 | 13,146,000 |
| Fixed asset turnover | — | — | 0.49 | 0.70 | 0.54 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $5,873,000K ÷ $—K
= —
Fixed asset turnover measures how efficiently a company is utilizing its fixed assets to generate revenue. For Frontier Communications Parent Inc, the fixed asset turnover ratio has fluctuated over the years. In 2020, the ratio was 0.54, indicating that the company generated $0.54 in revenue for every dollar invested in fixed assets. This ratio improved to 0.70 in 2021, suggesting better utilization of fixed assets to drive revenue. However, in 2022, the ratio dropped to 0.49, possibly indicating a decrease in revenue generated from fixed assets.
It is notable that the data is not available for 2023 and 2024, which limits our ability to provide a complete trend analysis. Overall, the varying ratios suggest that Frontier Communications Parent Inc may need to focus on optimizing the use of its fixed assets to improve efficiency and drive revenue growth in the future.
Peer comparison
Dec 31, 2024