Snow Lake Resources Ltd (LITM) — Defensive Interval Ratio

Latest as of March 2025: 6 days

Snow Lake Resources Ltd (LITM) has a Defensive Interval Ratio of 6 days as of March 2025. Defensive assets of $195.46K (cash $-, short-term investments $-, receivables $195.46K) cover 6 days of daily cash needs of $30.51K/day.

Defensive Interval Ratio

6 days
Days of operational coverage

Defensive Assets

$195.46K
Cash + ST Investments + Receivables

Daily Cash Need

$30.51K
Current Liabilities ÷ 365

Current Liabilities

$11.14 Million
USD

Snow Lake Resources Ltd Defensive Interval Ratio (2019–2025)

This chart shows how Snow Lake Resources Ltd's Defensive Interval Ratio has evolved across 7 annual periods from 2019 to 2025. As of March 2025, the ratio stands at 6 days, meaning defensive assets of $195.46K can fund 6 days of operations without new revenue. For the complete balance sheet picture, see LITM total assets.

Annual Defensive Interval Ratio for Snow Lake Resources Ltd (2019–2025)

The table below presents the year-by-year Defensive Interval Ratio for Snow Lake Resources Ltd from 2019 to 2025, covering 7 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See LITM working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 197 days $3.80 Million $19.24K/day $- $1.67 Million ▲ +190 days
2024 8 days $40.69K $5.32K/day $- $- ▼ -15 days
2023 23 days $191.48K $8.39K/day $- $- ▼ -40 days
2022 62 days $304.45K $4.88K/day $- $- ▲ +60 days
2021 3 days $10.64K $3.77K/day $- $- ▼ -8 days
2020 11 days $10.60K $941.74/day $- $- ▼ -11 days
2019 23 days $26.63K $1.17K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)