FRNT Financial (FRNT Financial) Total Assets : $3.70 Mil (As of Mar. 2024)

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What is FRNT Financial Total Assets?

FRNT Financial's Total Assets for the quarter that ended in Mar. 2024 was $3.70 Mil.

During the past 12 months, FRNT Financial's average Total Assets Growth Rate was 65.70% per year.

Total Assets is connected with ROA %. FRNT Financial's annualized ROA % for the quarter that ended in Mar. 2024 was -52.06%. Total Assets is also linked to Revenue through Asset Turnover. FRNT Financial's Asset Turnover for the quarter that ended in Mar. 2024 was 0.01.

FRNT Financial Total Assets Historical Data

The historical data trend for FRNT Financial'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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FRNT Financial Total Assets Chart

FRNT Financial Annual Data

Trend

Jun21

Jun22

Jun23

Total Assets

4.50

6.75

4.80

FRNT Financial Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial								5.12	4.80	4.33	4.20	3.70

FRNT Financial 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.

FRNT Financial's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (A: Jun. 2023 )	+	Total Liabilities (A: Jun. 2023 )
	=	4.228	+	0.577
	=	4.81

FRNT Financial's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	3.382	+	0.315
	=	3.70

FRNT Financial (OTCPK:FRFLF) Total Assets Explanation

Total Assets is connected with ROA %.

FRNT Financial's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	-2.056	/	( (4.201	+	3.697)	/ 2 )
	=	-2.056	/	3.949
	=	-52.06 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) 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.

FRNT Financial's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	0.028	/	( (4.201	+	3.697)	/ 2 )
=	0.028	/	3.949
=	0.01

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.

FRNT Financial Total Assets Related Terms

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FRNT Financial (FRNT Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » FRNT Financial Inc (OTCPK:FRFLF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

FRNT:Canada

Address

49 Wellington St E, Unit 200, Toronto, ON, CAN, M5E 1C9

Website

https://www.frnt.io

FRNT Financial Inc is a next-generation institutional sales and trading platform. The company aims to offer new opportunities to permitted clients and institutional investors while maintaining a lean, technology-driven operation. It is focused on providing expertise and products that help institutional clients gain access to cryptocurrency trade opportunities. It has one segment focused around developing and offering its capital market trading platform to institutional investors.

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