Frontier Investment (Frontier Investment) Total Assets : $29.49 Mil (As of Sep. 2023)

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What is Frontier Investment Total Assets?

Frontier Investment's Total Assets for the quarter that ended in Sep. 2023 was $29.49 Mil.

During the past 12 months, Frontier Investment's average Total Assets Growth Rate was -85.50% per year.

Total Assets is connected with ROA %. Frontier Investment's annualized ROA % for the quarter that ended in Sep. 2023 was 5.90%. Total Assets is also linked to Revenue through Asset Turnover. Frontier Investment's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.

Frontier Investment Total Assets Historical Data

The historical data trend for Frontier Investment'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.

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Frontier Investment Total Assets Chart

Frontier Investment Annual Data

Trend

Dec21

Dec22

Total Assets

201.51

203.56

Frontier Investment Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Assets	Get a 7-Day Free Trial						202.10	203.56	205.39	207.84	29.49

Frontier Investment 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 Investment's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	193.044	+	10.517
	=	203.56

Frontier Investment's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	17.306	+	12.186
	=	29.49

Frontier Investment (NAS:FICV) Total Assets Explanation

Total Assets is connected with ROA %.

Frontier Investment's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	7	/	( (207.844	+	29.492)	/ 2 )
	=	7	/	118.668
	=	5.90 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) 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 Investment's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	0	/	( (207.844	+	29.492)	/ 2 )
=	0	/	118.668
=	0.00

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 Investment Total Assets Related Terms

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Frontier Investment (Frontier Investment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Frontier Investment Corp (NAS:FICV) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

7G8:Germany

Address

3411 Silverside Road, Tatnall Building Number 104, Wilmington, DE, USA, 19810

Website

Frontier Investment Corp is a blank check company.

Executives

Richard J Berman	director	305 COLLEGE ROAD EAST, PRINCETON NJ 08540
Arif Mansuri	officer: CFO	PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Kiame Julie Abraham	director	C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-11
Iyad Malas	director	C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-11
Disruption Capital Frontier	10 percent owner	C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-11
Asar Mashkoor	director, officer: Chairman and CEO	C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-11
Gavin Teo	director	C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-11