Frontier Communications Parent Inc (FYBR)
Total 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 |
| Total assets | US$ in thousands | 20,614,000 | 20,693,000 | 18,624,000 | 16,481,000 | 16,795,000 |
| Total asset turnover | 0.28 | 0.28 | 0.31 | 0.39 | 0.43 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $5,873,000K ÷ $20,614,000K
= 0.28
Frontier Communications Parent Inc's total asset turnover has shown a decreasing trend over the years, declining from 0.43 in December 31, 2020, to 0.28 by December 31, 2024. This indicates that the company's ability to generate sales revenue from its total assets has weakened over time. A lower total asset turnover ratio may suggest inefficiencies in asset utilization or a decrease in sales relative to the size of the asset base. Frontier Communications Parent Inc should investigate the factors contributing to this decline in total asset turnover and take necessary actions to improve operational efficiency and asset utilization in order to enhance overall financial performance.
Peer comparison
Dec 31, 2024