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Frontier Investment (Frontier Investment) Return-on-Tangible-Equity : 42.75% (As of Sep. 2023)


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What is Frontier Investment Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Frontier Investment's annualized net income for the quarter that ended in Sep. 2023 was $7.00 Mil. Frontier Investment's average shareholder tangible equity for the quarter that ended in Sep. 2023 was $16.37 Mil. Therefore, Frontier Investment's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 was 42.75%.

The historical rank and industry rank for Frontier Investment's Return-on-Tangible-Equity or its related term are showing as below:

FICV' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.43   Med: 3.43   Max: 4.04
Current: 4.04

During the past 2 years, Frontier Investment's highest Return-on-Tangible-Equity was 4.04%. The lowest was 3.43%. And the median was 3.43%.

FICV's Return-on-Tangible-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.77 vs FICV: 4.04

Frontier Investment Return-on-Tangible-Equity Historical Data

The historical data trend for Frontier Investment's Return-on-Tangible-Equity 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 Investment Return-on-Tangible-Equity Chart

Frontier Investment Annual Data
Trend Dec21 Dec22
Return-on-Tangible-Equity
- 3.43

Frontier Investment Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.02 3.61 1.23 3.27 42.75

Competitive Comparison of Frontier Investment's Return-on-Tangible-Equity

For the Shell Companies subindustry, Frontier Investment's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Investment's Return-on-Tangible-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Frontier Investment's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Frontier Investment's Return-on-Tangible-Equity falls into.



Frontier Investment Return-on-Tangible-Equity Calculation

Frontier Investment's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=6.514/( (186.53+193.044 )/ 2 )
=6.514/189.787
=3.43 %

Frontier Investment's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=7/( (15.44+17.306)/ 2 )
=7/16.373
=42.75 %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Sep. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Frontier Investment  (NAS:FICV) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Frontier Investment Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Frontier Investment's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Frontier Investment (Frontier Investment) Business Description

Traded in Other Exchanges
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

Frontier Investment (Frontier Investment) Headlines