Frontier Lithium Balance Sheet Health
Financial Health criteria checks 4/6
Frontier Lithium has a total shareholder equity of CA$20.7M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$24.4M and CA$3.7M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$15.48m |
Equity | CA$20.66m |
Total liabilities | CA$3.75m |
Total assets | CA$24.41m |
Recent financial health updates
We Think Frontier Lithium (CVE:FL) Needs To Drive Business Growth Carefully
Mar 05We Think Frontier Lithium (CVE:FL) Needs To Drive Business Growth Carefully
Nov 21We Think Frontier Lithium (CVE:FL) Can Afford To Drive Business Growth
Aug 04We Think Frontier Lithium (CVE:FL) Can Afford To Drive Business Growth
Mar 10We're Hopeful That Frontier Lithium (CVE:FL) Will Use Its Cash Wisely
Sep 30Recent updates
We Think Frontier Lithium (CVE:FL) Needs To Drive Business Growth Carefully
Mar 05We Think Frontier Lithium (CVE:FL) Needs To Drive Business Growth Carefully
Nov 21We Think Frontier Lithium (CVE:FL) Can Afford To Drive Business Growth
Aug 04We Think Frontier Lithium (CVE:FL) Can Afford To Drive Business Growth
Mar 10We're Hopeful That Frontier Lithium (CVE:FL) Will Use Its Cash Wisely
Sep 30We're Keeping An Eye On Frontier Lithium's (CVE:FL) Cash Burn Rate
Mar 23Here's Why We're Watching Frontier Lithium's (CVE:FL) Cash Burn Situation
Oct 20Financial Position Analysis
Short Term Liabilities: FL's short term assets (CA$16.5M) exceed its short term liabilities (CA$3.7M).
Long Term Liabilities: FL's short term assets (CA$16.5M) exceed its long term liabilities (CA$13.0K).
Debt to Equity History and Analysis
Debt Level: FL is debt free.
Reducing Debt: FL had no debt 5 years ago.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: FL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 37% each year