Frontier Transport Holdings (JSE:FTH) Total Assets : R2,578 Mil (As of Sep. 2023)

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What is Frontier Transport Holdings Total Assets?

Frontier Transport Holdings's Total Assets for the quarter that ended in Sep. 2023 was R2,578 Mil.

During the past 12 months, Frontier Transport Holdings's average Total Assets Growth Rate was 1.80% per year. During the past 3 years, the average Total Assets Growth Rate was -2.60% per year. During the past 5 years, the average Total Assets Growth Rate was -2.10% per year.

During the past 7 years, Frontier Transport Holdings's highest 3-Year average Total Assets Growth Rate was 9.60%. The lowest was -3.90%. And the median was -0.85%.

Total Assets is connected with ROA %. Frontier Transport Holdings's annualized ROA % for the quarter that ended in Sep. 2023 was 13.67%. Total Assets is also linked to Revenue through Asset Turnover. Frontier Transport Holdings's Asset Turnover for the quarter that ended in Sep. 2023 was 0.50.

Frontier Transport Holdings Total Assets Historical Data

The historical data trend for Frontier Transport Holdings'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 Transport Holdings Total Assets Chart

Frontier Transport Holdings Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

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2,220.33

2,363.63

2,302.40

2,325.31

2,410.30

Frontier Transport Holdings Semi-Annual Data
	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Assets	Get a 7-Day Free Trial									2,308.11	2,325.31	2,308.25	2,410.30	2,578.04

Frontier Transport Holdings 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 Transport Holdings's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (A: Mar. 2023 )	+	Total Liabilities (A: Mar. 2023 )
	=	1542.77	+	867.526
	=	2,410

Frontier Transport Holdings'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 )
	=	1614.893	+	963.142
	=	2,578

Frontier Transport Holdings (JSE:FTH) Total Assets Explanation

Total Assets is connected with ROA %.

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

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	340.948	/	( (2410.296	+	2578.035)	/ 2 )
	=	340.948	/	2494.1655
	=	13.67 %

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

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	1247.316	/	( (2410.296	+	2578.035)	/ 2 )
=	1247.316	/	2494.1655
=	0.50

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 Transport Holdings Total Assets Related Terms

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Frontier Transport Holdings (JSE:FTH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Frontier Transport Holdings Ltd (JSE:FTH) » Definitions » Total Assets

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Traded in Other Exchanges

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Address

103 Bofors Circle, Epping Industria, Cape Town, WC, ZAF, 7460

Website

http://www.hplr.co.za

Frontier Transport Holdings Ltd, formerly Hosken Passenger Logistics And Rail Ltd through its subsidiary provide a scheduled commuter bus operator in the Cape Metropole. It is engaged in the provision of passenger transport services within South Africa. The company operates in the luxury and semi-luxury coach markets.

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