Frontier Lithium Inc (FL) — Defensive Interval Ratio
Frontier Lithium Inc (FL) has a Defensive Interval Ratio of 584 days as of March 2024. Defensive assets of CA$12.08 Million (cash CA$-, short-term investments CA$11.30 Million, receivables CA$777.00K) cover 584 days of daily cash needs of CA$20.68K/day. Check Frontier Lithium Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Frontier Lithium Inc Defensive Interval Ratio (1998–2024)
This chart shows how Frontier Lithium Inc's Defensive Interval Ratio has evolved across 27 annual periods from 1998 to 2024. As of March 2024, the ratio stands at 584 days, meaning defensive assets of CA$12.08 Million can fund 584 days of operations without new revenue. Also explore Frontier Lithium Inc equity growth rate to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Frontier Lithium Inc (1998–2024)
The table below presents the year-by-year Defensive Interval Ratio for Frontier Lithium Inc from 1998 to 2024, covering 27 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see FL market cap.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 584 days | CA$12.08 Million | CA$20.68K/day | CA$- | CA$11.30 Million | ▼ -4773 days |
| 2023 | 5357 days | CA$27.76 Million | CA$5.18K/day | CA$- | CA$26.50 Million | ▲ +5028 days |
| 2022 | 330 days | CA$1.16 Million | CA$3.51K/day | CA$- | CA$9.00K | ▲ +178 days |
| 2021 | 151 days | CA$544.94K | CA$3.60K/day | CA$- | CA$10.13K | ▲ +37 days |
| 2020 | 114 days | CA$208.74K | CA$1.82K/day | CA$- | CA$3.38K | ▲ +21 days |
| 2019 | 93 days | CA$178.99K | CA$1.92K/day | CA$- | CA$76.13K | ▼ -8 days |
| 2018 | 101 days | CA$220.59K | CA$2.17K/day | CA$- | CA$124.29K | ▼ -152 days |
| 2017 | 253 days | CA$341.72K | CA$1.35K/day | CA$- | CA$214.95K | ▲ +148 days |
| 2016 | 106 days | CA$166.97K | CA$1.58K/day | CA$- | CA$- | ▼ -16 days |
| 2015 | 122 days | CA$300.46K | CA$2.46K/day | CA$- | CA$- | ▲ +97 days |
| 2014 | 25 days | CA$48.52K | CA$1.96K/day | CA$- | CA$- | ▼ -23 days |
| 2013 | 48 days | CA$98.95K | CA$2.08K/day | CA$- | CA$- | ▲ +45 days |
| 2012 | 3 days | CA$5.89K | CA$2.02K/day | CA$- | CA$- | ▼ -26 days |
| 2011 | 29 days | CA$50.86K | CA$1.74K/day | CA$- | CA$- | ▼ -6 days |
| 2010 | 35 days | CA$27.61K | CA$792.75/day | CA$- | CA$- | ▼ -15 days |
| 2009 | 50 days | CA$32.68K | CA$649.41/day | CA$- | CA$- | ▲ +4 days |
| 2008 | 46 days | CA$47.75K | CA$1.03K/day | CA$- | CA$- | ▼ -7 days |
| 2007 | 53 days | CA$46.71K | CA$874.00/day | CA$- | CA$- | ▲ +13 days |
| 2006 | 41 days | CA$31.45K | CA$773.81/day | CA$- | CA$- | ▲ +31 days |
| 2005 | 10 days | CA$5.09K | CA$531.64/day | CA$- | CA$- | ▼ 0 days |
| 2004 | 10 days | CA$9.97K | CA$1.01K/day | CA$- | CA$- | ▲ +4 days |
| 2003 | 6 days | CA$5.02K | CA$794.78/day | CA$- | CA$- | ▼ -48 days |
| 2002 | 55 days | CA$55.65K | CA$1.02K/day | CA$- | CA$- | ▲ +53 days |
| 2001 | 2 days | CA$4.13K | CA$1.94K/day | CA$- | CA$- | ▼ -8 days |
| 2000 | 10 days | CA$10.42K | CA$1.07K/day | CA$- | CA$- | ▼ -1 days |
| 1999 | 11 days | CA$7.38K | CA$669.82/day | CA$- | CA$- | ▼ -10 days |
| 1998 | 21 days | CA$6.38K | CA$302.83/day | CA$- | CA$- | — |