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Frontier Communications Parent (Frontier Communications Parent) Total Assets : $20,197 Mil (As of Mar. 2024)


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What is Frontier Communications Parent Total Assets?

Frontier Communications Parent's Total Assets for the quarter that ended in Mar. 2024 was $20,197 Mil.

During the past 12 months, Frontier Communications Parent's average Total Assets Growth Rate was 7.50% per year. During the past 3 years, the average Total Assets Growth Rate was 7.30% per year.

During the past 5 years, Frontier Communications Parent's highest 3-Year average Total Assets Growth Rate was 7.30%. The lowest was 7.30%. And the median was 7.30%.

Total Assets is connected with ROA %. Frontier Communications Parent's annualized ROA % for the quarter that ended in Mar. 2024 was 0.02%. Total Assets is also linked to Revenue through Asset Turnover. Frontier Communications Parent's Asset Turnover for the quarter that ended in Mar. 2024 was 0.07.


Frontier Communications Parent Total Assets Historical Data

The historical data trend for Frontier Communications Parent's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Frontier Communications Parent Total Assets Chart

Frontier Communications Parent Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
- 16,795.00 16,481.00 18,624.00 20,693.00

Frontier Communications Parent Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19,398.00 19,150.00 20,509.00 20,693.00 20,197.00

Frontier Communications Parent Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Frontier Communications Parent's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=5279+15414
=20,693

Frontier Communications Parent's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=5259+14938
=20,197

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Frontier Communications Parent  (NAS:FYBR) Total Assets Explanation

Total Assets is connected with ROA %.

Frontier Communications Parent's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=4/( (20693+20197)/ 2 )
=4/20445
=0.02 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Frontier Communications Parent's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=1446/( (20693+20197)/ 2 )
=1446/20445
=0.07

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Frontier Communications Parent Total Assets Related Terms

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Frontier Communications Parent (Frontier Communications Parent) Business Description

Traded in Other Exchanges
N/A
Address
401 Merritt 7, Norwalk, CT, USA, 06851
Frontier Communications Parent Inc offers a variety of services to residential and business customers over its fiber-optic and copper networks, including video, high-speed internet, advanced voice, and Frontier Secure digital protection solutions. It offers communications solutions to small, medium, and enterprise businesses.
Executives
Ares Management Llc 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Asof Ii Frontier Holdings 2 L.p. 10 percent owner C/O ASOF INVESTMENT MANAGEMENT LLC, 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Asof Ii Frontier Holdings 5 L.p. 10 percent owner C/O ASOF INVESTMENT MANAGEMENT LLC, 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Asof Ii Frontier Holdings 4 L.p. 10 percent owner C/O ASOF INVESTMENT MANAGEMENT LLC, 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Asof Ii Frontier Holdings 3 L.p. 10 percent owner C/O ASOF INVESTMENT MANAGEMENT LLC, 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Asof Ii Frontier Holdings 1 L.p. 10 percent owner C/O ASOF INVESTMENT MANAGEMENT LLC, 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Asof Ii Frontier Holdings 6 L.p. 10 percent owner C/O ASOF INVESTMENT MANAGEMENT LLC, 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Asof Ii A (de) Frontier Holdings 2 L.p. 10 percent owner C/O ASOF INVESTMENT MANAGEMENT LLC, 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Asof Ii A (de) Frontier Holdings 1 L.p. 10 percent owner C/O ASOF INVESTMENT MANAGEMENT LLC, 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Asof Ii Frontier Holdings 7 L.p. 10 percent owner C/O ASOF INVESTMENT MANAGEMENT LLC, 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
William Mcgloin officer: Chief Accounting Officer C/O FRONTIER COMMUNICATIONS PARENT, INC., 401 MERRITT 7, NORWALK CT 06851
John G Stratton director, officer: Executive Chairman 1095 AVENUE OF THE AMERICAS, 8TH FLOOR, NEW YORK NY 10036
Charlon Mcintosh officer: See Remarks C/O FRONTIER COMMUNICATIONS PARENT, INC., 401 MERRITT 7, NORWALK CT 06851
Melissa Pint officer: Chief Digital Info. Officer C/O FRONTIER COMMUNICATIONS PARENT, INC., 401 MERRITT 7, NORWALK CT 06851
Margaret Mary Smyth director PO BOX 33428, ST. PAUL MN 55133