LITOF
Price:
$0.39
Market Cap:
$123.47M
Frontier Lithium Inc. engages in the acquisition, exploration, and development of mining properties in North America. Its flagship property includes the PAK Lithium project, which covers approximately 27,069 hectares comprising two mining leases and 1,368 contiguous mining claims located in northwestern Ontario, Canada. The company was formerly known as Houston Lake Mining Inc. and changed its name to Frontier Lithium Inc. in May 19, 2016. Frontier Lithium Inc. was incorporated in 1995 and is based in Val Caron, Canada.[Read more]
Industry
Industrial Materials
IPO Date
2010-01-04
Stock Exchange
PNK
Ticker
LITOF
According to Frontier Lithium Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 4.62. This represents a change of 14.17% compared to the average of 4.05 of the last 4 quarters.
The mean historical Current Ratio of Frontier Lithium Inc. over the last ten years is 4.97. The current 4.62 Current Ratio has changed 9.20% with respect to the historical average. Over the past ten years (40 quarters), LITOF's Current Ratio was at its highest in in the December 2022 quarter at 24.74. The Current Ratio was at its lowest in in the September 2014 quarter at 0.55.
Average
4.97
Median
1.98
Minimum
0.71
Maximum
15.40
Discovering the peaks and valleys of Frontier Lithium Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 464.90%
Maximum Annual Current Ratio = 15.40
Minimum Annual Increase = -88.06%
Minimum Annual Current Ratio = 0.71
Year | Current Ratio | Change |
---|---|---|
2024 | 1.84 | -88.06% |
2023 | 15.40 | 4.81% |
2022 | 14.70 | 76.72% |
2021 | 8.32 | 464.90% |
2020 | 1.47 | 9.35% |
2019 | 1.35 | 47.46% |
2018 | 0.91 | -56.98% |
2017 | 2.12 | -25.25% |
2016 | 2.84 | 301.02% |
2015 | 0.71 | 137.68% |
The current Current Ratio of Frontier Lithium Inc. (LITOF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
10.65
5-year avg
8.35
10-year avg
4.97
Frontier Lithium Inc.’s Current Ratio is greater than Vision Lithium Inc. (2.36), less than Critical Elements Lithium Corporation (16.71), less than Cypress Development Corp. (10.40), greater than Core Lithium Ltd (2.63), greater than Sayona Mining Limited (2.46),
Company | Current Ratio | Market cap |
---|---|---|
2.36 | $4.28M | |
16.71 | $76.25M | |
10.40 | $34.38M | |
2.63 | $171.44M | |
2.46 | $209.98M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Frontier Lithium Inc. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Frontier Lithium Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Frontier Lithium Inc.'s Current Ratio?
How is the Current Ratio calculated for Frontier Lithium Inc. (LITOF)?
What is the highest Current Ratio for Frontier Lithium Inc. (LITOF)?
What is the 3-year average Current Ratio for Frontier Lithium Inc. (LITOF)?
What is the 5-year average Current Ratio for Frontier Lithium Inc. (LITOF)?
How does the current Current Ratio for Frontier Lithium Inc. (LITOF) compare to its historical average?