Frontier Lithium Inc - Asset Resilience Ratio
Frontier Lithium Inc (FL) has an Asset Resilience Ratio of 52.04% as of March 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. Read FL total debt and obligations for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2017–2024)
This chart shows how Frontier Lithium Inc's Asset Resilience Ratio has changed over time. See net assets of Frontier Lithium Inc for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down Frontier Lithium Inc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see Frontier Lithium Inc (FL) market capitalisation.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$11.30 Million | 52.04% |
| Total Liquid Assets | CA$11.30 Million | 52.04% |
Asset Resilience Insights
- Very High Liquidity: Frontier Lithium Inc maintains exceptional liquid asset reserves at 52.04% of total assets.
- This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
- The company has significant short-term investments, indicating active treasury management.
Frontier Lithium Inc Industry Peers by Asset Resilience Ratio
Compare Frontier Lithium Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Baiyin Nonferrous Group Co Ltd
SHG:601212 |
Other Industrial Metals & Mining | 0.03% |
|
Pilbara Minerals Ltd
AU:PLS |
Other Industrial Metals & Mining | 17.93% |
|
SOUTH32 Ltd
AU:S32 |
Other Industrial Metals & Mining | 12.06% |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629 |
Other Industrial Metals & Mining | 20.53% |
|
Zhuzhou Smelter Group Co Ltd
SHG:600961 |
Other Industrial Metals & Mining | 0.04% |
|
IGO Ltd
AU:IGO |
Other Industrial Metals & Mining | 4.88% |
|
Shandong Humon Smelting Co Ltd
SHE:002237 |
Other Industrial Metals & Mining | 0.01% |
|
Advanced Technology & Materials Co Ltd
SHE:000969 |
Other Industrial Metals & Mining | 0.05% |
Annual Asset Resilience Ratio for Frontier Lithium Inc (2017–2024)
The table below shows the annual Asset Resilience Ratio data for Frontier Lithium Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-03-31 | 52.04% | CA$11.30 Million ≈ $8.17 Million |
CA$21.71 Million ≈ $15.71 Million |
-23.25pp |
| 2023-03-31 | 75.29% | CA$26.50 Million ≈ $19.17 Million |
CA$35.20 Million ≈ $25.46 Million |
+75.25pp |
| 2022-03-31 | 0.04% | CA$9.00K ≈ $6.51K |
CA$24.63 Million ≈ $17.82 Million |
0.00pp |
| 2021-03-31 | 0.04% | CA$10.13K ≈ $7.33K |
CA$25.14 Million ≈ $18.18 Million |
+0.02pp |
| 2020-03-31 | 0.02% | CA$3.38K ≈ $2.44K |
CA$13.55 Million ≈ $9.80 Million |
-0.61pp |
| 2019-03-31 | 0.64% | CA$76.13K ≈ $55.07K |
CA$11.93 Million ≈ $8.63 Million |
-0.73pp |
| 2018-03-31 | 1.37% | CA$124.29K ≈ $89.91K |
CA$9.06 Million ≈ $6.56 Million |
-1.85pp |
| 2017-03-31 | 3.22% | CA$214.95K ≈ $155.49K |
CA$6.67 Million ≈ $4.83 Million |
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About Frontier Lithium Inc
Frontier Lithium Inc. engages in the acquisition, exploration, and development of lithium mining properties in Canada. The company's flagship property is the Pakeagama Lake Property lithium project, which consists of three mining leases and 1,300 mining claims covering an area of approximately 27,886.4 hectares located north of Red Lake, Ontario, Canada. It also produces spodumene concentrate and… Read more