GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Frontier Acquisition Corp (NAS:FRON) » Definitions » Asset Turnover

Frontier Acquisition (Frontier Acquisition) Asset Turnover : 0.00 (As of Sep. 2022)


View and export this data going back to 2021. Start your Free Trial

What is Frontier Acquisition Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Frontier Acquisition's Revenue for the three months ended in Sep. 2022 was $0.00 Mil. Frontier Acquisition's Total Assets for the quarter that ended in Sep. 2022 was $231.15 Mil. Therefore, Frontier Acquisition's Asset Turnover for the quarter that ended in Sep. 2022 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Frontier Acquisition's annualized ROE % for the quarter that ended in Sep. 2022 was 2.99%. It is also linked to ROA % through Du Pont Formula. Frontier Acquisition's annualized ROA % for the quarter that ended in Sep. 2022 was 2.87%.


Frontier Acquisition Asset Turnover Historical Data

The historical data trend for Frontier Acquisition's Asset Turnover 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 Acquisition Asset Turnover Chart

Frontier Acquisition Annual Data
Trend Dec21
Asset Turnover
-

Frontier Acquisition Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Asset Turnover Get a 7-Day Free Trial - - - - -

Competitive Comparison of Frontier Acquisition's Asset Turnover

For the Shell Companies subindustry, Frontier Acquisition's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Acquisition's Asset Turnover Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Frontier Acquisition's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Frontier Acquisition's Asset Turnover falls into.



Frontier Acquisition Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Frontier Acquisition's Asset Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2021 )/( (Total Assets (A: . 20 )+Total Assets (A: Dec. 2021 ))/ count )
=/( (+)/ )
=/
=

Frontier Acquisition's Asset Turnover for the quarter that ended in Sep. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=0/( (230.745+231.554)/ 2 )
=0/231.1495
=0.00

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


Frontier Acquisition  (NAS:FRON) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Frontier Acquisition's annulized ROE % for the quarter that ended in Sep. 2022 is

ROE %**(Q: Sep. 2022 )
=Net Income/Total Stockholders Equity
=6.624/221.696
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(6.624 / 0)*(0 / 231.1495)*(231.1495/ 221.696)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.0426
=ROA %*Equity Multiplier
=2.87 %*1.0426
=2.99 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) net income data. The Revenue data used here is four times the quarterly (Sep. 2022) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Frontier Acquisition's annulized ROA % for the quarter that ended in Sep. 2022 is

ROA %(Q: Sep. 2022 )
=Net Income/Total Assets
=6.624/231.1495
=(Net Income / Revenue)*(Revenue / Total Assets)
=(6.624 / 0)*(0 / 231.1495)
=Net Margin %*Asset Turnover
= %*0
=2.87 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) net income data. The Revenue data used here is four times the quarterly (Sep. 2022) revenue data.

* 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.


Be Aware

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.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Frontier Acquisition Asset Turnover Related Terms

Thank you for viewing the detailed overview of Frontier Acquisition's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Frontier Acquisition (Frontier Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
660 Madison Avenue, 19th Floor, New York, NY, USA, 10065
Website
Frontier Acquisition Corp is a blank check company.
Executives
Falcon Edge Capital, Lp 10 percent owner 667 MADISON AVENUE, 19TH FLOOR, NEW YORK NY 10065
Jonathan Christodoro director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Rick Matthew Gerson director, officer: Co-President 70 GREENE STREET, APT. PH, NEW YORK NY 10012
Ryan Khoury officer: Co-President C/O PIONEER MERGER CORP., 660 MADISON AVENUE, NEW YORK NY 10065
Cathy Ann Weist officer: General Counsel and Secretary C/O PIONEER MERGER CORP., 660 MADISON AVENUE, NEW YORK NY 10065
Matthew Corey officer: Chief Financial Officer C/O PIONEER MERGER CORP., 660 MADISON AVENUE, NEW YORK NY 10065
Scott Christopher Carpenter officer: Chief Operating Officer C/O PIONEER MERGER CORP., 660 MADISON AVENUE, NEW YORK NY 10065
Christian Angermayer director, officer: Chief Executive Officer BLOCK A, APT.12, IL-PIAZZETTA, TOWER ROAD, SLIEMA O1 SLM1605
David Sinclair director C/O SIRTRIS PHARMACEUTICALS, INC., 790 MEMORIAL DRIVE, SUITE 104, CAMBRIDGE MA 02139
Frontier Acquisition Sponsor Llc 10 percent owner C/O FALCON EDGE CAPITAL, 660 MADISON AVENUE, NEW YORK NY 10065
Peter Attia director C/O PIONEER MERGER CORP., 660 MADISON AVENUE, NEW YORK NY 10065