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.


Peer comparison

Dec 31, 2023