Frontier Lithium Inc

OTCQX:LITOF USA Other Industrial Metals & Mining
Market Cap
$92.30 Million
Market Cap Rank
#19245 Global
#7082 in USA
Share Price
$0.40
Change (1 day)
-9.02%
52-Week Range
$0.40 - $0.44
All Time High
$3.02
About

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) - Total Assets

Latest total assets as of September 2025: $28.42 Million USD

Based on the latest financial reports, Frontier Lithium Inc (LITOF) holds total assets worth $28.42 Million USD as of September 2025.

Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.

Frontier Lithium Inc - Total Assets Trend (2017–2025)

This chart illustrates how Frontier Lithium Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Frontier Lithium Inc - Asset Composition Analysis

Current Asset Composition (March 2025)

Frontier Lithium Inc's total assets of $28.42 Million consist of 58.9% current assets and 41.1% non-current assets.

Asset Category Amount (USD) % of Total Assets
Cash & Equivalents $0.00 52.7%
Accounts Receivable $0.00 0.0%
Inventory $0.00 0.0%
Property, Plant & Equipment $0.00 0.0%
Intangible Assets $0.00 0.0%
Goodwill $0.00 0.0%

Asset Composition Trend (2017–2025)

This chart illustrates how Frontier Lithium Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Frontier Lithium Inc's current assets represent 58.9% of total assets in 2025, an increase from 15.7% in 2017.
  • Cash Position: Cash and equivalents constituted 52.7% of total assets in 2025, up from 10.5% in 2017.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
  • Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.

Frontier Lithium Inc Competitors by Total Assets

Key competitors of Frontier Lithium Inc based on total assets are shown below.

Frontier Lithium Inc - Asset Efficiency Metrics

Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.

Asset Turnover Ratio

Measures how efficiently a company uses its assets to generate sales

Historical Range: 0.00 - 0.00

Lower asset utilization - Frontier Lithium Inc generates 0.00x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -112.96% - -12.15%

Negative ROA - Frontier Lithium Inc is currently not profitable relative to its asset base.

Frontier Lithium Inc - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric Current 1 Year Ago 5 Years Ago
Current Ratio 0.45 4.15 4.08
Quick Ratio 0.45 4.15 4.08
Cash Ratio 0.00 0.00 0.00
Working Capital $-18.96 Million $ 20.85 Million $ 1.61 Million

Frontier Lithium Inc - Advanced Valuation Insights

This section examines the relationship between Frontier Lithium Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio 4.88
Latest Market Cap to Assets Ratio 2.39
Asset Growth Rate (YoY) 51.7%
Total Assets $32.93 Million
Market Capitalization $78.54 Million USD

Valuation Analysis

Premium Asset Valuation: The market values Frontier Lithium Inc's assets at a significant premium ( 2.39x), suggesting investors see substantial growth potential or unique competitive advantages.

Rapid Asset Growth: Frontier Lithium Inc's assets grew by 51.7% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Frontier Lithium Inc (2017–2025)

The table below shows the annual total assets of Frontier Lithium Inc from 2017 to 2025.

Year Total Assets Change
2025-03-31 $32.93 Million +51.66%
2024-03-31 $21.71 Million -38.31%
2023-03-31 $35.20 Million +42.91%
2022-03-31 $24.63 Million -2.02%
2021-03-31 $25.14 Million +85.47%
2020-03-31 $13.55 Million +13.63%
2019-03-31 $11.93 Million +31.60%
2018-03-31 $9.06 Million +35.83%
2017-03-31 $6.67 Million --