Frontier Communications Parent Inc (FYBR)

Return on assets (ROA)

		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	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019	Dec 31, 2018
Net income (ttm)	US$ in thousands	29,000	167,000	276,000	379,000	441,000	-4,223,000	-4,383,000	-4,424,000	-4,539,000	-15,000	-156,000	-402,000	-514,000	-874,000	-6,010,000	-5,911,000	-5,968,000	-6,049,000	-750,000	-643,000
Total assets	US$ in thousands	20,693,000	20,509,000	19,150,000	19,398,000	18,624,000	18,273,000	18,035,000	16,755,000	16,481,000	13,000,000	16,960,000	16,795,000	16,787,000	17,467,000	17,488,000	17,488,000	17,561,000	17,565,000	23,362,000	23,659,000
ROA		0.14%	0.81%	1.44%	1.95%	2.37%	-23.11%	-24.30%	-26.40%	-27.54%	-0.12%	-0.92%	-2.39%	-3.06%	-5.00%	-34.37%	-33.80%	-33.98%	-34.44%	-3.21%	-2.72%

December 31, 2023 calculation

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

Frontier Communications Parent Inc's return on assets (ROA) has displayed significant variability over the historical periods analyzed. ROA is a measure of a company's profitability relative to its total assets, indicating how efficiently the company is utilizing its assets to generate earnings.

From Dec 31, 2018, to Sep 30, 2022, the company experienced a downward trend in ROA, with negative values indicating that the company's assets were not effectively generating profits during this period. This could be a sign of inefficiency in asset utilization, poor financial management, or operational challenges.

However, starting from Dec 31, 2022, there was a notable positive reversal in the ROA trend, with increasing percentages seen in each subsequent quarter. This improvement suggests that the company has made efforts to enhance its asset efficiency and profitability.

The most recent ROA of 1.95% as of Mar 31, 2023, indicates that for every dollar of assets, the company generated approximately 1.95 cents in profit. While this is an improvement from the negative ROAs in the preceding periods, it is essential for Frontier Communications Parent Inc to sustain this positive trajectory to ensure continued profitability and operational success.