Frontier Communications Parent Inc (FYBR)
Fixed asset turnover
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (ttm) | US$ in thousands | 4,414,506 | 5,839,000 | 5,789,000 | 5,758,000 | 5,736,000 | 5,747,000 | 5,752,000 | 5,762,000 | 5,769,000 | 5,875,000 | 6,025,000 | 6,182,000 | 6,411,000 | 6,563,000 | 6,713,000 | 6,898,000 | 7,155,000 | -705,000 | -434,000 | -168,000 |
Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | 13,353,000 | 12,748,000 | 11,850,000 | 10,847,000 | 10,108,000 | 9,575,000 | 9,199,000 | 8,918,000 | 8,686,000 | 12,987,000 | 13,146,000 | 12,858,000 | 12,845,000 | 12,890,000 |
Fixed asset turnover | — | — | — | — | — | — | 0.43 | 0.45 | 0.49 | 0.54 | 0.60 | 0.65 | 0.70 | 0.74 | 0.77 | 0.53 | 0.54 | -0.05 | -0.03 | -0.01 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $4,414,506K ÷ $—K
= —
The fixed asset turnover ratio for Frontier Communications Parent Inc has shown a significant improvement over the past few years. Starting at negative values in 2020, indicating inefficiency in generating sales from fixed assets, the company has since then steadily increased its fixed asset turnover ratio.
By the end of 2022, the fixed asset turnover ratio reached 0.49, indicating that the company generated $0.49 in sales for every dollar invested in fixed assets. This ratio continued to improve in the following periods, reaching 0.43 as of June 30, 2023.
However, it is noteworthy that the data for the latter half of 2023 and for the years 2024 is not available, making it difficult to assess the most recent performance of Frontier Communications Parent Inc in terms of fixed asset turnover.
Overall, the trend suggests that the company has been more efficient in utilizing its fixed assets to generate sales, which is a positive sign of operational efficiency and effective asset management.
Peer comparison
Dec 31, 2024