Snow Lake Resources Ltd - Asset Resilience Ratio

Latest as of June 2024: 25.68%

Snow Lake Resources Ltd (LITM) has an Asset Resilience Ratio of 25.68% as of June 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. Read LITM total liabilities for a breakdown of total debt and financial obligations.

Liquid Assets

$7.68 Million
Cash + Short-term Investments

Total Assets

$29.92 Million
All company assets

Resilience Assessment

Very High
Financial Resilience Level

Asset Resilience Ratio Trend (2025–2025)

This chart shows how Snow Lake Resources Ltd's Asset Resilience Ratio has changed over time. See Snow Lake Resources Ltd net assets for net asset value and shareholders' equity analysis.

Liquid Assets Composition Over Time

This chart breaks down Snow Lake Resources Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see Snow Lake Resources Ltd stock valuation.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $7.68 Million 25.68%
Total Liquid Assets $7.68 Million 25.68%

Asset Resilience Insights

  • Very High Liquidity: Snow Lake Resources Ltd maintains exceptional liquid asset reserves at 25.68% of total assets.
  • This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
  • The company has significant short-term investments, indicating active treasury management.

Snow Lake Resources Ltd Industry Peers by Asset Resilience Ratio

Compare Snow Lake Resources Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Baiyin Nonferrous Group Co Ltd
SHG:601212
Other Industrial Metals & Mining 0.03%
Pilbara Minerals Ltd
AU:PLS
Other Industrial Metals & Mining 17.93%
SOUTH32 Ltd
AU:S32
Other Industrial Metals & Mining 12.06%
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
Other Industrial Metals & Mining 20.53%
Zhuzhou Smelter Group Co Ltd
SHG:600961
Other Industrial Metals & Mining 0.04%
IGO Ltd
AU:IGO
Other Industrial Metals & Mining 4.88%
Shandong Humon Smelting Co Ltd
SHE:002237
Other Industrial Metals & Mining 0.01%
Advanced Technology & Materials Co Ltd
SHE:000969
Other Industrial Metals & Mining 0.05%

Annual Asset Resilience Ratio for Snow Lake Resources Ltd (2025–2025)

The table below shows the annual Asset Resilience Ratio data for Snow Lake Resources Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2025-06-30 2.13% $1.22 Million $57.26 Million --
pp = percentage points

About Snow Lake Resources Ltd

NASDAQ:LITM USA Other Industrial Metals & Mining
Market Cap
$40.74 Million
Market Cap Rank
#22626 Global
#4745 in USA
Share Price
$2.26
Change (1 day)
-1.31%
52-Week Range
$2.02 - $6.34
All Time High
$13.00
About

Snow Lake Resources Ltd., a natural resource exploration company, engages in the exploration and development of mineral resources. It explores for uranium and lithium mineral resources. The company holds a portfolio of projects in Canada, the United States, and Namibia. The company was incorporated in 2018 and is based in Winnipeg, Canada.