Frontier Net Tangible Assets from 2010 to 2024

FYBR Stock  USD 34.87  0.07  0.20%   
Frontier Communications Net Tangible Assets yearly trend continues to be relatively stable with very little volatility. Net Tangible Assets are likely to grow to about 1.5 B this year. Net Tangible Assets is the total assets of Frontier Communications Parent minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2010-12-31
Previous Quarter
1.4 B
Current Value
1.5 B
Quarterly Volatility
3.5 B
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Frontier Communications financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Frontier Communications' main balance sheet or income statement drivers, such as Other Operating Expenses of 4.9 B, Operating Income of 539 M or EBIT of 700.4 M, as well as many indicators such as Price To Sales Ratio of 1.14, Dividend Yield of 0.0484 or PTB Ratio of 1.24. Frontier financial statements analysis is a perfect complement when working with Frontier Communications Valuation or Volatility modules.
  
Check out the analysis of Frontier Communications Correlation against competitors.

Latest Frontier Communications' Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Frontier Communications Parent over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Frontier Communications' Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Frontier Communications' overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Frontier Net Tangible Assets Regression Statistics

Arithmetic Mean(4,485,066,000)
Coefficient Of Variation(78.89)
Mean Deviation2,991,503,200
Median(6,813,000,000)
Standard Deviation3,538,095,714
Sample Variance12518121.3T
Range8.3B
R-Value0.83
Mean Square Error4239218.3T
R-Squared0.69
Significance0.0001
Slope655,045,964
Total Sum of Squares175253698T

Frontier Net Tangible Assets History

20241.5 B
20231.4 B
20221.2 B
2021373 M
2020-5.6 B
2019-5.4 B
2018-6.3 B

About Frontier Communications Financial Statements

Frontier Communications shareholders use historical fundamental indicators, such as Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Frontier Communications investors may analyze each financial statement separately, they are all interrelated. The changes in Frontier Communications' assets and liabilities, for example, are also reflected in the revenues and expenses on on Frontier Communications' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Net Tangible Assets1.4 B1.5 B

Pair Trading with Frontier Communications

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Frontier Communications position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Frontier Communications will appreciate offsetting losses from the drop in the long position's value.

Moving together with Frontier Stock

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Moving against Frontier Stock

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The ability to find closely correlated positions to Frontier Communications could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Frontier Communications when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Frontier Communications - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Frontier Communications Parent to buy it.
The correlation of Frontier Communications is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Frontier Communications moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Frontier Communications moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Frontier Communications can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Frontier Stock Analysis

When running Frontier Communications' price analysis, check to measure Frontier Communications' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Frontier Communications is operating at the current time. Most of Frontier Communications' value examination focuses on studying past and present price action to predict the probability of Frontier Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Frontier Communications' price. Additionally, you may evaluate how the addition of Frontier Communications to your portfolios can decrease your overall portfolio volatility.