Frontier Book Value Per Share vs Interest Coverage Analysis

FL Stock  CAD 0.48  0.02  4.00%   
Frontier Lithium financial indicator trend analysis is much more than just examining Frontier Lithium latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Frontier Lithium is a good investment. Please check the relationship between Frontier Lithium Book Value Per Share and its Interest Coverage accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Frontier Lithium. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Book Value Per Share vs Interest Coverage

Book Value Per Share vs Interest Coverage Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Frontier Lithium Book Value Per Share account and Interest Coverage. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Frontier Lithium's Book Value Per Share and Interest Coverage is -0.33. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Interest Coverage in the same time period over historical financial statements of Frontier Lithium, assuming nothing else is changed. The correlation between historical values of Frontier Lithium's Book Value Per Share and Interest Coverage is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Frontier Lithium are associated (or correlated) with its Interest Coverage. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Coverage has no effect on the direction of Book Value Per Share i.e., Frontier Lithium's Book Value Per Share and Interest Coverage go up and down completely randomly.

Correlation Coefficient

-0.33
Relationship DirectionNegative 
Relationship StrengthInsignificant

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Interest Coverage

Most indicators from Frontier Lithium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Frontier Lithium current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Frontier Lithium. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Frontier Lithium's Selling General Administrative is fairly stable compared to the past year. Tax Provision is expected to grow at the current pace this year, whereas Enterprise Value Over EBITDA is likely to drop (9.47) in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses7.1M10.6M25.0M26.3M
Cost Of Revenue4.3M14.2M406K385.7K

Frontier Lithium fundamental ratios Correlations

0.490.930.34-0.79-0.790.80.480.920.90.860.50.920.880.140.53-0.64-0.260.70.740.560.86-0.210.85-0.340.24
0.490.16-0.280.0-0.880.030.060.480.530.681.00.490.81-0.20.99-0.39-0.020.410.720.240.850.020.77-0.940.16
0.930.160.49-0.89-0.550.890.520.850.80.70.160.850.670.220.2-0.57-0.30.650.550.550.63-0.250.650.030.21
0.34-0.280.49-0.170.150.160.930.0-0.040.23-0.26-0.01-0.03-0.15-0.23-0.37-0.38-0.1-0.130.54-0.06-0.550.030.310.38
-0.790.0-0.89-0.170.44-1.0-0.11-0.88-0.82-0.510.0-0.87-0.56-0.44-0.030.350.17-0.67-0.52-0.28-0.510.01-0.52-0.140.02
-0.79-0.88-0.550.150.44-0.46-0.14-0.8-0.83-0.88-0.88-0.81-0.980.03-0.890.550.15-0.69-0.83-0.42-0.990.07-0.950.75-0.28
0.80.030.890.16-1.0-0.460.110.890.830.520.030.890.580.440.06-0.36-0.170.670.540.280.53-0.010.540.1-0.02
0.480.060.520.93-0.11-0.140.110.110.10.440.080.120.22-0.250.11-0.5-0.40.030.080.650.21-0.560.270.020.46
0.920.480.850.0-0.88-0.80.890.110.970.760.471.00.870.290.5-0.5-0.130.790.790.360.850.00.82-0.330.06
0.90.530.8-0.04-0.82-0.830.830.10.970.810.520.970.890.180.54-0.5-0.180.850.830.350.86-0.020.87-0.380.11
0.860.680.70.23-0.51-0.880.520.440.760.810.660.770.92-0.180.71-0.63-0.40.630.740.620.89-0.430.93-0.560.49
0.51.00.16-0.260.0-0.880.030.080.470.520.660.490.8-0.170.99-0.38-0.030.40.710.230.850.050.76-0.940.14
0.920.490.85-0.01-0.87-0.810.890.121.00.970.770.490.880.290.51-0.51-0.130.790.790.360.860.00.83-0.340.07
0.880.810.67-0.03-0.56-0.980.580.220.870.890.920.80.880.030.83-0.59-0.190.720.830.470.99-0.110.97-0.680.29
0.14-0.20.22-0.15-0.440.030.44-0.250.290.18-0.18-0.170.290.03-0.220.19-0.050.3-0.02-0.2-0.010.71-0.040.21-0.32
0.530.990.2-0.23-0.03-0.890.060.110.50.540.710.990.510.83-0.22-0.470.020.430.710.30.87-0.040.8-0.930.21
-0.64-0.39-0.57-0.370.350.55-0.36-0.5-0.5-0.5-0.63-0.38-0.51-0.590.19-0.47-0.21-0.52-0.44-0.86-0.620.33-0.70.33-0.57
-0.26-0.02-0.3-0.380.170.15-0.17-0.4-0.13-0.18-0.4-0.03-0.13-0.19-0.050.02-0.21-0.05-0.16-0.17-0.10.29-0.15-0.07-0.22
0.70.410.65-0.1-0.67-0.690.670.030.790.850.630.40.790.720.30.43-0.52-0.050.610.380.690.170.79-0.250.23
0.740.720.55-0.13-0.52-0.830.540.080.790.830.740.710.790.83-0.020.71-0.44-0.160.610.330.860.020.76-0.59-0.11
0.560.240.550.54-0.28-0.420.280.650.360.350.620.230.360.47-0.20.3-0.86-0.170.380.330.45-0.460.57-0.140.69
0.860.850.63-0.06-0.51-0.990.530.210.850.860.890.850.860.99-0.010.87-0.62-0.10.690.860.45-0.090.96-0.730.23
-0.210.02-0.25-0.550.010.07-0.01-0.560.0-0.02-0.430.050.0-0.110.71-0.040.330.290.170.02-0.46-0.09-0.19-0.03-0.56
0.850.770.650.03-0.52-0.950.540.270.820.870.930.760.830.97-0.040.8-0.7-0.150.790.760.570.96-0.19-0.650.45
-0.34-0.940.030.31-0.140.750.10.02-0.33-0.38-0.56-0.94-0.34-0.680.21-0.930.33-0.07-0.25-0.59-0.14-0.73-0.03-0.65-0.15
0.240.160.210.380.02-0.28-0.020.460.060.110.490.140.070.29-0.320.21-0.57-0.220.23-0.110.690.23-0.560.45-0.15
Click cells to compare fundamentals

Frontier Lithium Account Relationship Matchups

Frontier Lithium fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.6M25.1M24.6M35.2M21.7M22.8M
Total Current Liabilities665.5K1.3M1.3M1.9M7.5M7.9M
Total Stockholder Equity12.9M23.8M23.3M33.2M14.2M8.0M
Property Plant And Equipment Net12.6M14.2M5.8M6.1M2.4M2.3M
Net Debt(565.9K)(10.2M)(17.6M)(27.3M)(1.2M)(1.3M)
Retained Earnings(25.6M)(32.2M)(56.7M)(81.0M)(105.5M)(100.2M)
Cash565.9K10.3M17.7M27.4M1.3M2.5M
Non Current Assets Total12.6M14.2M5.8M6.1M7.8M5.6M
Cash And Short Term Investments569.3K10.3M17.7M27.4M12.6M13.2M
Net Receivables205.4K534.8K1.1M1.3M777K815.9K
Common Stock Shares Outstanding158.6M171.6M198.0M217.2M227.6M239.0M
Liabilities And Stockholders Equity13.6M25.1M24.6M35.2M21.7M22.8M
Total Liab665.5K1.4M1.3M2.0M7.6M7.9M
Total Current Assets978.7K10.9M18.8M29.1M13.9M14.6M
Common Stock30.0M40.1M60.7M86.0M87.3M91.7M
Other Current Liab665.5K1.3M1.2M1.8M7.5M7.9M
Other Current Assets204.0K83.4K911K500K523K289.5K
Accounts Payable601.4K257.9K1.2M1.1M1.3M1.4M
Other Stockholder Equity8.5M15.8M19.4M28.2M32.3M33.9M
Net Tangible Assets11.2M12.9M10.2M23.3M26.8M28.2M
Property Plant Equipment10.9M12.5M641K5.8M6.7M6.4M
Short Term Investments3.4K10.1K9K26.5M11.3M11.9M
Net Invested Capital12.9M23.8M23.3M33.2M14.2M19.9M
Net Working Capital313.2K9.6M17.6M27.2M6.3M9.6M
Capital Stock30.0M40.1M60.7M86.0M87.3M60.8M

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Additional Tools for Frontier Stock Analysis

When running Frontier Lithium's price analysis, check to measure Frontier Lithium's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Frontier Lithium is operating at the current time. Most of Frontier Lithium's value examination focuses on studying past and present price action to predict the probability of Frontier Lithium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Frontier Lithium's price. Additionally, you may evaluate how the addition of Frontier Lithium to your portfolios can decrease your overall portfolio volatility.