Frequency Electronics (Frequency Electronics) Total Assets : $77.74 Mil (As of Jan. 2024)

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What is Frequency Electronics Total Assets?

Frequency Electronics's Total Assets for the quarter that ended in Jan. 2024 was $77.74 Mil.

During the past 12 months, Frequency Electronics's average Total Assets Growth Rate was 5.90% per year. During the past 3 years, the average Total Assets Growth Rate was -6.70% per year. During the past 5 years, the average Total Assets Growth Rate was -2.90% per year. During the past 10 years, the average Total Assets Growth Rate was -4.40% per year.

During the past 13 years, Frequency Electronics's highest 3-Year average Total Assets Growth Rate was 38.70%. The lowest was -17.70%. And the median was 0.40%.

Total Assets is connected with ROA %. Frequency Electronics's annualized ROA % for the quarter that ended in Jan. 2024 was 0.68%. Total Assets is also linked to Revenue through Asset Turnover. Frequency Electronics's Asset Turnover for the quarter that ended in Jan. 2024 was 0.18.

Frequency Electronics Total Assets Historical Data

The historical data trend for Frequency Electronics'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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Frequency Electronics Total Assets Chart

Frequency Electronics Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Total Assets

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86.77

91.28

98.53

84.76

74.50

Frequency Electronics Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Assets	Get a 7-Day Free Trial															75.24	74.50	75.97	74.73	77.74

Frequency Electronics 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.

Frequency Electronics's Total Assets for the fiscal year that ended in Apr. 2023 is calculated as

Total Assets	=	Total Equity (A: Apr. 2023 )	+	Total Liabilities (A: Apr. 2023 )
	=	32.886	+	41.61
	=	74.50

Frequency Electronics's Total Assets for the quarter that ended in Jan. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jan. 2024 )	+	Total Liabilities (Q: Jan. 2024 )
	=	36.673	+	41.071
	=	77.74

Frequency Electronics (NAS:FEIM) Total Assets Explanation

Total Assets is connected with ROA %.

Frequency Electronics's annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %	=	Net Income (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
	=	0.52	/	( (74.729	+	77.744)	/ 2 )
	=	0.52	/	76.2365
	=	0.68 %

Note: The Net Income data used here is four times the quarterly (Jan. 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.

Frequency Electronics's Asset Turnover for the quarter that ended in Jan. 2024 is

	Asset Turnover
=	Revenue (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
=	13.714	/	( (74.729	+	77.744)	/ 2 )
=	13.714	/	76.2365
=	0.18

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.

Frequency Electronics Total Assets Related Terms

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Frequency Electronics (Frequency Electronics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Frequency Electronics Inc (NAS:FEIM) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

98K:Germany

Address

55 Charles Lindbergh Boulevard, Mitchel Field, NY, USA, 11553

Website

https://www.frequencyelectronics.com

Frequency Electronics Inc is engaged in the design, development, and manufacture of high-precision timing, and frequency control products for space, air, sea, and terrestrial applications. The company has FEI-NY and FEI-Zyfer reportable segments. It derives the majority of its revenues from the FEI-NY segment. FEI-NY segment operations consist principally of precision time and frequency control products used in three principal markets namely communication satellites (both commercial and U.S. Government-funded); terrestrial cellular telephone or other ground-based telecommunication stations; and other components and systems for the U.S. military.

Executives

Russell M Sarachek	director	4718 FOXHALL CRESCENTS NW, WASHINGTON DC 20007
Edenbrook Long Only Value Fund, Lp	director, 10 percent owner	EDENBROOK CAPITAL, LLC, 116 RADIO CIRCLE, SUITE 202, MT. KISCO NY 10549
Steven E Strang	officer: President, FEI-Zyfer, Inc.	C/O FREQUENCY ELECTRONICS, INC., 55 CHARLES LINDBERGH BLVD, MITCHEL FIELD NY 11553
Thomas Mcclelland	officer: Vice President, Comml Products	C/O FREQUENCY ELECTRONICS INC, 55 CHARLES LINDBERGH BLVD, MITCHEL FIELD NY 11553
Stanton D Sloane	director	COMTECH TELECOMMUNICATIONS CORP., 68 SOUTH SERVICE RD., SUITE 230, MELVILLE NY 11747
John Patrick Caulfield	officer: VP of Manufacturing	C/O FREQUENCY ELECTRONICS, 55 CHARLES LINDBERGH BLVD., MITCHEL FIELD NY 11533
Edenbrook Capital, Llc	director, 10 percent owner	116 RADIO CIRCLE, SUITE 202, MT. KISCO NY 10549
Martin B Bloch	director, officer: President	FREQUENCY ELECTRONICS INC, 55 CHARLES LINDBERGH BLVD, MITCHEL FIELD NY 11553
Robert Schwartz	director	11552 PROSPEROUS DRIVE, ODESSA FL 33556
Jonathan Brolin	director, 10 percent owner	2 DEPOT PLAZA, 4TH FLOOR, BEDFORD HILLS NY 10507
Privet Fund Lp	10 percent owner, other: See Explanation of Responses	3280 PEACHTREE ROAD NE, SUITE 2670, Atlanta GA 30305
Oleandro Mancini	officer: Vice President, Bus. Develop	C/O FREQUENCY ELECTRONICS INC, 55 CHARLES LINDBERGH BLVD, MITCHEL FIELD NY 11553
Lance W Lord	director	1110 TRUMPETERS COURT, MONUMENT CO 80132
Steven Lawrence Bernstein	officer: Chief Financial Officer	C/O FREQUENCY ELECTRONICS INC., 55 CHARLES LINDBERGH BLVD., MITCHEL FIELD NY 11553
Ryan Levenson	10 percent owner, other: See Explanation of Responses	2396 DELLWOOD DRIVE, ATLANTA GA 30305