Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Frontier Communications's Total Stockholders Equity for the quarter that ended in Mar. 2021 was $-4,830.00 Mil. Frontier Communications's Total Assets for the quarter that ended in Mar. 2021 was $16,960.00 Mil.
Therefore, Frontier Communications's Equity to Asset Ratio for the quarter that ended in Mar. 2021 was -0.29.
The historical rank and industry rank for Frontier Communications's Equity-to-Asset or its related term are showing as below:
FTRPR.PFD'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.29 Med: 0.2 Max: 0.42
Current: -0.29
During the past 13 years, the highest Equity to Asset Ratio of Frontier Communications was 0.42. The lowest was -0.29. And the median was 0.20.
FTRPR.PFD's Equity-to-Asset is not ranked
in the Telecommunication Services industry.
Industry Median: 0.41
vs FTRPR.PFD: -0.29
Frontier Communications Equity-to-Asset Historical Data
The historical data trend for Frontier Communications's Equity-to-Asset 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.
For the Telecom Services subindustry, Frontier Communications's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Frontier Communications Equity-to-Asset Distribution
For the Telecommunication Services industry and Communication Services sector, Frontier Communications's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Frontier Communications's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Frontier Communications's Equity to Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as
* 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.
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Frontier Communications Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Frontier Communications's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Frontier Communications (Frontier Communications) Business Description
Frontier Communications Corp is a provider of communications services for consumer and commercial customers in the United States. The portfolio of its services includes Data and Internet services, Video services, Voice services including both the regulated and unregulated voices, Access services, and Advanced Hardware and Network Solutions.
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