Frontier Lithium Balance Sheet Health
Financial Health criteria checks 6/6
Frontier Lithium has a total shareholder equity of CA$32.7M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$39.6M and CA$6.9M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$30.36m |
| Equity | CA$32.71m |
| Total liabilities | CA$6.88m |
| Total assets | CA$39.59m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LITO.F's short term assets (CA$31.8M) exceed its short term liabilities (CA$6.9M).
Long Term Liabilities: LITO.F's short term assets (CA$31.8M) exceed its long term liabilities (CA$3.0K).
Debt to Equity History and Analysis
Debt Level: LITO.F is debt free.
Reducing Debt: LITO.F 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: LITO.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: LITO.F has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 34.9% each year.