Frontier Communications Parent Inc (FYBR)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -322,000 | 29,000 | 441,000 | 4,955,000 | -402,000 |
| Total assets | US$ in thousands | 20,614,000 | 20,693,000 | 18,624,000 | 16,481,000 | 16,795,000 |
| ROA | -1.56% | 0.14% | 2.37% | 30.06% | -2.39% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $-322,000K ÷ $20,614,000K
= -1.56%
Frontier Communications Parent Inc's return on assets (ROA) has fluctuated significantly over the past five years. In December 31, 2020, the ROA was negative at -2.39%, indicating that the company's assets were not generating positive returns at that time. However, in December 31, 2021, the ROA surged to 30.06%, reflecting a substantial improvement in the company's ability to generate profits from its assets.
Subsequently, in December 31, 2022, the ROA decreased to 2.37%, suggesting a decline in the company's efficiency in utilizing its assets to generate earnings. This was followed by a further decrease in December 31, 2023, with a ROA of 0.14%, indicating a minimal return on assets.
Finally, by December 31, 2024, the ROA experienced another negative turn, dropping to -1.56%. This negative ROA implies that the company's assets were not generating sufficient profits to cover its expenses, potentially indicating operational challenges or ineffective asset utilization at that time.
Overall, the ROA trend for Frontier Communications Parent Inc over the five-year period reflects volatility and inconsistency in the company's ability to generate returns from its assets, highlighting the importance of closely monitoring and evaluating asset management strategies to ensure long-term financial sustainability.
Peer comparison
Dec 31, 2024