LITOF (Frontier Lithium) Debt-to-Asset : 0.24 (As of Mar. 2026)

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LITOF Frontier Lithium Inc LITOF
19 GF Score
Price $0.31
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What is Frontier Lithium Debt-to-Asset?

Frontier Lithium LITOF +2.84% 19 Debt-to-Asset is 0.24 as of Mar. 2026. GuruFocus rates LITOF with a GF Score™ of 19/100.

Frontier Lithium's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $2.71 Mil. Frontier Lithium's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $1.34 Mil. Frontier Lithium's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2026 was $16.68 Mil. Frontier Lithium's debt to asset for the quarter that ended in Mar. 2026 was 0.24.

Frontier Lithium  (OTCPK:LITOF) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Frontier Lithium Debt-to-Asset Related Terms

Frontier Lithium Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Frontier Lithium's Debt-to-Asset 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.

Frontier Lithium Debt-to-Asset Chart

Frontier Lithium Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.17 0.24

Frontier Lithium Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Asset 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 0.17 0.19 0.20 0.22 0.24

Frontier Lithium Debt-to-Asset Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Frontier Lithium's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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 Debt-to-Asset vs Metals & Mining Industry

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

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


LITOF
19GF Score
Frontier Lithium Inc LITOF
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Frontier Lithium Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Frontier Lithium's Debt-to-Asset for the fiscal year that ended in Mar. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(2.705 + 1.343) / 16.677
=0.24

Frontier Lithium's Debt-to-Asset for the quarter that ended in Mar. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(2.705 + 1.343) / 16.677
=0.24

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.24 mean?
Frontier Lithium (LITOF) has a Debt-to-Asset of 0.24 as of Mar. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Frontier Lithium and its competitors.
Is Frontier Lithium's Debt-to-Asset too high?
Frontier Lithium's current Debt-to-Asset is 0.24. Overall, Frontier Lithium has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Frontier Lithium's Debt-to-Asset compare to competitors?
Frontier Lithium's Debt-to-Asset of 0.24 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Metals & Mining company?
A good Debt-to-Asset depends on the Metals & Mining industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Frontier Lithium and its competitors. Frontier Lithium's current Debt-to-Asset is 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frontier Lithium stock overvalued right now?
Frontier Lithium (LITOF) has a current Debt-to-Asset of 0.24. The current Debt-to-Asset is 0.24. Frontier Lithium's overall GF Score™ is 19/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Frontier Lithium (LITOF), the current Debt-to-Asset is 0.24 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Frontier Lithium Business Description

Other Exchanges HL2:GermanyFL:Canada
Address 2614 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 projects include the PAK Lithium Project.
19GF Score

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Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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