Frontier Communications Parent Inc (FYBR)

Return on assets (ROA)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	29,000	441,000	-72,000	-402,000	-5,911,000
Total assets	US$ in thousands	20,693,000	18,624,000	16,481,000	16,795,000	17,488,000
ROA		0.14%	2.37%	-0.44%	-2.39%	-33.80%

December 31, 2023 calculation

ROA = Net income ÷ Total assets
= $29,000K ÷ $20,693,000K
= 0.14%

Frontier Communications Parent Inc's return on assets (ROA) has fluctuated significantly over the past five years, as indicated by the table provided. The ROA was 0.14% as of December 31, 2023, a significant decrease from the previous year's 2.37%. This downward trend suggests a decline in the company's ability to generate profits relative to its total assets.

In 2021, the company experienced a negative ROA of -0.44%, indicating that the company's assets were not effectively utilized to generate profits during that period. The situation worsened in 2020, with an ROA of -2.39%, further indicating inefficiencies in asset utilization.

The most significant decline in ROA was observed in 2019, where the ROA plummeted to -33.80%. This drastic decrease suggests severe inefficiencies or mismanagement in utilizing the company's assets to generate returns.

Overall, the declining trend in Frontier Communications Parent Inc's ROA over the past five years highlights potential operational challenges and inefficiencies in asset management that may require further investigation and strategic intervention to improve the company's profitability.