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Frontier Lithium (TSXV:FL) Debt-to-Equity : 0.00 (As of Dec. 2023)


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What is Frontier Lithium Debt-to-Equity?

Frontier Lithium's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.07 Mil. Frontier Lithium's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.01 Mil. Frontier Lithium's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$20.66 Mil. Frontier Lithium's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Frontier Lithium's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Frontier Lithium was 0.01. The lowest was 0.00. And the median was 0.00.

TSXV:FL's Debt-to-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

Frontier Lithium Debt-to-Equity Historical Data

The historical data trend for Frontier Lithium's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Frontier Lithium Debt-to-Equity Chart

Frontier Lithium Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.01 0.01 -

Frontier Lithium Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 - - - -

Competitive Comparison of Frontier Lithium's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Frontier Lithium's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Frontier Lithium's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Frontier Lithium's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Frontier Lithium's Debt-to-Equity falls into.



Frontier Lithium Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Frontier Lithium's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Frontier Lithium's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Frontier Lithium  (TSXV:FL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Frontier Lithium Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Frontier Lithium's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Frontier Lithium (TSXV:FL) Business Description

Traded in Other Exchanges
Address
2736 Belisle Drive, Val Caron, ON, CAN, P3N 1B3
Frontier Lithium Inc is engaged in the acquisition, exploration, and development of mining properties. The company has a land position on Electric Avenue, Ontario's newly emerging premium lithium-metal district hosted in the Canadian Shield of northwestern Ontario. The company project includes PAK Lithium Project, Spark Deposit, Bolt Pegmatite, and Pennock Pegmatite.
Executives
James Gregory Mills Director