Frontier Developments (STU:5FD) Total Assets : €121.6 Mil (As of Nov. 2023)

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What is Frontier Developments Total Assets?

Frontier Developments's Total Assets for the quarter that ended in Nov. 2023 was €121.6 Mil.

Warning Sign:

If a company builds assets at 25.3% a year, faster than its revenue growth rate of 20.5% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Frontier Developments's average Total Assets Growth Rate was -32.30% per year. During the past 3 years, the average Total Assets Growth Rate was 4.70% per year. During the past 5 years, the average Total Assets Growth Rate was 25.30% per year. During the past 10 years, the average Total Assets Growth Rate was 36.00% per year.

During the past 13 years, Frontier Developments's highest 3-Year average Total Assets Growth Rate was 55.70%. The lowest was -2.90%. And the median was 36.60%.

Total Assets is connected with ROA %. Frontier Developments's annualized ROA % for the quarter that ended in Nov. 2023 was -53.67%. Total Assets is also linked to Revenue through Asset Turnover. Frontier Developments's Asset Turnover for the quarter that ended in Nov. 2023 was 0.39.

Frontier Developments Total Assets Historical Data

The historical data trend for Frontier Developments'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 Developments Total Assets Chart

Frontier Developments Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Total Assets

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99.56

162.28

187.23

199.53

161.96

Frontier Developments Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Total Assets	Get a 7-Day Free Trial															194.62	199.53	199.55	161.96	121.55

Frontier Developments 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 Developments's Total Assets for the fiscal year that ended in May. 2023 is calculated as

Total Assets	=	Total Equity (A: May. 2023 )	+	Total Liabilities (A: May. 2023 )
	=	110.225	+	51.734
	=	162.0

Frontier Developments's Total Assets for the quarter that ended in Nov. 2023 is calculated as

Total Assets	=	Total Equity (Q: Nov. 2023 )	+	Total Liabilities (Q: Nov. 2023 )
	=	73.877	+	47.673
	=	121.6

Frontier Developments (STU:5FD) Total Assets Explanation

Total Assets is connected with ROA %.

Frontier Developments's annualized ROA % for the quarter that ended in Nov. 2023 is

ROA %	=	Net Income (Q: Nov. 2023 )	/	( (Total Assets (Q: May. 2023 )	+	Total Assets (Q: Nov. 2023 ))	/ count )
	=	-76.078	/	( (161.959	+	121.551)	/ 2 )
	=	-76.078	/	141.755
	=	-53.67 %

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

	Asset Turnover
=	Revenue (Q: Nov. 2023 )	/	( (Total Assets (Q: May. 2023 )	+	Total Assets (Q: Nov. 2023 ))	/ count )
=	54.793	/	( (161.959	+	121.551)	/ 2 )
=	54.793	/	141.755
=	0.39

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 Developments Total Assets Related Terms

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Frontier Developments (STU:5FD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Frontier Developments PLC (STU:5FD) » Definitions » Total Assets

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FDEV:UK

Address

Milton Road, 26 Science Park, Cambridge, GBR, CB4 0FP

Website

https://www.frontier.co.uk

Frontier Developments PLC develops video games for the interactive entertainment sector. It develops games using its Cobra proprietary cross-platform technology along with industry-standard software packages, allowing code and resources developed on PC to be compiled. Its games include RollerCoaster Tycoon 3, LostWinds, Kinectimals, Kinect Disneyland Adventures and Coaster Crazy games. It has only one reportable segment: Self-Published Work. Business operations are based in the UK and its North American subsidiary, Frontier Developments Inc. in the US. The company has one operating segment, being revenue from publishing games and revenue from other streams such as royalties and licensing.

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