Frontier Services Group (Frontier Services Group) Total Assets : $135.3 Mil (As of Dec. 2023)

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What is Frontier Services Group Total Assets?

Frontier Services Group's Total Assets for the quarter that ended in Dec. 2023 was $135.3 Mil.

During the past 12 months, Frontier Services Group's average Total Assets Growth Rate was -5.10% per year. During the past 3 years, the average Total Assets Growth Rate was 11.40% per year. During the past 5 years, the average Total Assets Growth Rate was 1.90% per year. During the past 10 years, the average Total Assets Growth Rate was 5.60% per year.

During the past 13 years, Frontier Services Group's highest 3-Year average Total Assets Growth Rate was 69.00%. The lowest was -47.90%. And the median was 1.30%.

Total Assets is connected with ROA %. Frontier Services Group's annualized ROA % for the quarter that ended in Dec. 2023 was 0.08%. Total Assets is also linked to Revenue through Asset Turnover. Frontier Services Group's Asset Turnover for the quarter that ended in Dec. 2023 was 0.36.

Frontier Services Group Total Assets Historical Data

The historical data trend for Frontier Services Group'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 Services Group Total Assets Chart

Frontier Services Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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156.76

121.25

150.47

140.19

135.27

Frontier Services Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															150.47	144.89	140.19	140.91	135.27

Frontier Services Group 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 Services Group'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 )
	=	64.403	+	70.871
	=	135.3

Frontier Services Group's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	64.403	+	70.871
	=	135.3

Frontier Services Group (OTCPK:DVNHF) Total Assets Explanation

Total Assets is connected with ROA %.

Frontier Services Group's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	0.11	/	( (140.91	+	135.273)	/ 2 )
	=	0.11	/	138.0915
	=	0.08 %

Note: The Net Income data used here is two times the semi-annual (Dec. 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 Services Group's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	49.141	/	( (140.91	+	135.273)	/ 2 )
=	49.141	/	138.0915
=	0.36

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 Services Group Total Assets Related Terms

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Frontier Services Group (Frontier Services Group) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Frontier Services Group Ltd (OTCPK:DVNHF) » Definitions » Total Assets

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00500:Hong Kong

Address

16 Harcourt Road, Suite 3902, 39th Floor, Far East Finance Centre, Admiralty, Hong Kong, HKG

Website

http://www.fsgroup.com

Frontier Services Group Ltd is an investment holding company. The Group is principally engaged in the provision of aviation, logistics, security, insurance and infrastructure related services and the provision of online financial market information. It operates in three business segments that are Aviation and Logistics Business; Financial Market Information Business, which provides online financial market information; and Security, Insurance, and Infrastructure Business. The Aviation and Logistics Business segment generates maximum revenue for the company. Its geographical segments are Africa, Europe, Mainland China, Hong Kong, and South-East Asia & Middle-East.

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