Snow Lake Resources Ltd (LITM) — Net Asset Quality Index
Snow Lake Resources Ltd (LITM) has a Net Asset Quality Index of 82.1% as of March 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $62.17 Million minus total liabilities of $11.14 Million yields net assets of $51.03 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check LITM cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Snow Lake Resources Ltd Net Asset Quality Index Over Time (2019–2025)
This chart shows how Snow Lake Resources Ltd's Net Asset Quality Index has evolved across 7 annual periods from 2019 to 2025. As of March 2025, the index stands at 82.1%, representing net assets of $51.03 Million against total assets of $62.17 Million USD. See Snow Lake Resources Ltd short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Snow Lake Resources Ltd (2019–2025)
The table below presents the year-by-year Net Asset Quality Index for Snow Lake Resources Ltd from 2019 to 2025, covering 7 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Snow Lake Resources Ltd (LITM) market capitalisation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 84.5% | $48.37 Million | $57.26 Million | $8.88 Million | ▼ -0.7 pp |
| 2024 | 85.2% | $25.50 Million | $29.92 Million | $4.42 Million | ▲ +0.0 pp |
| 2023 | 85.2% | $22.50 Million | $26.42 Million | $3.91 Million | ▼ -10.0 pp |
| 2022 | 95.2% | $35.33 Million | $37.11 Million | $1.78 Million | ▲ +17.6 pp |
| 2021 | 77.6% | $4.75 Million | $6.13 Million | $1.37 Million | ▼ -16.2 pp |
| 2020 | 93.8% | $5.21 Million | $5.55 Million | $343.73K | ▲ +1.2 pp |
| 2019 | 92.6% | $5.39 Million | $5.82 Million | $428.60K | — |