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
Frontier Lithium Inc (LITOF) - Net Assets
Latest net assets as of September 2025: $-7.72 Million USD
Based on the latest financial reports, Frontier Lithium Inc (LITOF) has net assets worth $-7.72 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($28.42 Million) and total liabilities ($36.14 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-7.72 Million |
| % of Total Assets | -27.16% |
| Annual Growth Rate | N/A |
| 5-Year Change | -117.5% |
| 10-Year Change | N/A |
| Growth Volatility | 62.78 |
Frontier Lithium Inc - Net Assets Trend (2017–2025)
This chart illustrates how Frontier Lithium Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Frontier Lithium Inc (2017–2025)
The table below shows the annual net assets of Frontier Lithium Inc from 2017 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $-4.16 Million | -129.36% |
| 2024-03-31 | $14.16 Million | -57.41% |
| 2023-03-31 | $33.24 Million | +42.55% |
| 2022-03-31 | $23.32 Million | -1.84% |
| 2021-03-31 | $23.75 Million | +84.33% |
| 2020-03-31 | $12.89 Million | +14.81% |
| 2019-03-31 | $11.22 Million | +35.74% |
| 2018-03-31 | $8.27 Million | +33.81% |
| 2017-03-31 | $6.18 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Frontier Lithium Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 10594528300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $119.38 Million | % |
| Total Equity | $-5.06 Million | 100.00% |
Frontier Lithium Inc Competitors by Market Cap
The table below lists competitors of Frontier Lithium Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Softstar Entertainment
TWO:6111
|
$78.55 Million |
|
MPS Limited
NSE:MPSLTD
|
$78.56 Million |
|
PATRIOT BANK DL 2
F:PN21
|
$78.57 Million |
|
KIMIA FARMA -B-
MU:HQP
|
$78.59 Million |
|
XBP Europe Holdings Inc
NASDAQ:XBP
|
$78.48 Million |
|
Kudelski SA
PINK:KDCXF
|
$78.41 Million |
|
Zespol Elektrowni Patnow Adamow Konin SA
WAR:ZEP
|
$78.38 Million |
|
Daishin Balance No.6 Special Purpose Acquisition Co. Ltd
KQ:307750
|
$78.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Frontier Lithium Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 14,158,000 to -5,061,000, a change of -19,219,000 (-135.7%).
- Net loss of 18,958,000 reduced equity.
- Other factors decreased equity by 261,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-18.96 Million | -374.59% |
| Other Changes | $-261.00K | -5.16% |
| Total Change | $- | -135.75% |
Book Value vs Market Value Analysis
This analysis compares Frontier Lithium Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | $0.05 | $0.40 | x |
| 2018-03-31 | $0.06 | $0.40 | x |
| 2019-03-31 | $0.07 | $0.40 | x |
| 2020-03-31 | $0.08 | $0.40 | x |
| 2021-03-31 | $0.13 | $0.40 | x |
| 2022-03-31 | $0.11 | $0.40 | x |
| 2023-03-31 | $0.15 | $0.40 | x |
| 2024-03-31 | $0.06 | $0.40 | x |
| 2025-03-31 | $-0.02 | $0.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Frontier Lithium Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-45.99%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -19.78% | 0.00% | 0.00x | 1.08x | $-1.84 Million |
| 2018 | -45.62% | 0.00% | 0.00x | 1.10x | $-4.60 Million |
| 2019 | -14.64% | 0.00% | 0.00x | 1.06x | $-2.77 Million |
| 2020 | -12.78% | 0.00% | 0.00x | 1.05x | $-2.94 Million |
| 2021 | -28.03% | 0.00% | 0.00x | 1.06x | $-9.03 Million |
| 2022 | -46.96% | 0.00% | 0.00x | 1.06x | $-13.28 Million |
| 2023 | -72.90% | 0.00% | 0.00x | 1.06x | $-27.56 Million |
| 2024 | -173.23% | 0.00% | 0.00x | 1.53x | $-25.94 Million |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | $-18.45 Million |
Industry Comparison
This section compares Frontier Lithium Inc's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Frontier Lithium Inc (LITOF) | $-7.72 Million | -19.78% | N/A | $78.54 Million |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |