Snow Lake Resources Ltd (LITM) - Total Assets
Based on the latest financial reports, Snow Lake Resources Ltd (LITM) holds total assets worth $62.17 Million USD as of March 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Snow Lake Resources Ltd - Total Assets Trend (2019–2025)
This chart illustrates how Snow Lake Resources Ltd's total assets have evolved over time, based on quarterly financial data. Also see Snow Lake Resources Ltd (LITM) market capitalisation for the company's overall valuation and market capitalisation.
Snow Lake Resources Ltd - Asset Composition Analysis
Current Asset Composition (June 2025)
Snow Lake Resources Ltd's total assets of $62.17 Million consist of 28.6% current assets and 71.5% non-current assets. Review Snow Lake Resources Ltd (LITM) financial obligations to assess the company's total debt and financial obligations.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 22.8% |
| Accounts Receivable | $2.13 Million | 2.7% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2019–2025)
This chart illustrates how Snow Lake Resources Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. See current stock price of Snow Lake Resources Ltd for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Snow Lake Resources Ltd's current assets represent 28.6% of total assets in 2025, an increase from 11.1% in 2019.
- Cash Position: Cash and equivalents constituted 22.8% of total assets in 2025, up from 10.3% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 2.7% of total assets.
Snow Lake Resources Ltd Competitors by Total Assets
Key competitors of Snow Lake Resources Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
RIO Tinto Ltd
AU:RIO
|
Australia | AU$128.19 Billion |
|
FORTESCUE MET.GR.SP.ADR 2
F:FVJA
|
Germany | €31.58 Billion |
|
Fortescue Ltd
AU:FMG
|
Australia | AU$31.37 Billion |
|
Ningxia Orient Tantalum Industry Co Ltd
SHE:000962
|
China | CN¥3.58 Billion |
|
Pilbara Minerals Ltd
AU:PLS
|
Australia | AU$4.70 Billion |
|
Almonty Industries Inc
AU:AII
|
Australia | AU$589.73 Million |
|
Chengtun Mining Group Co Ltd
SHG:600711
|
China | CN¥50.58 Billion |
|
JCHX Mining Management Co Ltd
SHG:603979
|
China | CN¥19.62 Billion |
Snow Lake Resources Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.69 | 1.76 | 0.45 |
| Quick Ratio | 2.69 | 1.76 | 0.45 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $18.83 Million | $2.27 Million | $-189.25K |
Snow Lake Resources Ltd - Advanced Valuation Insights
This section examines the relationship between Snow Lake Resources Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.11 |
| Latest Market Cap to Assets Ratio | 0.73 |
| Asset Growth Rate (YoY) | 161.8% |
| Total Assets | $78.33 Million |
| Market Capitalization | $56.85 Million USD |
Valuation Analysis
Below Book Valuation: The market values Snow Lake Resources Ltd's assets below their book value (0.73x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Snow Lake Resources Ltd's assets grew by 161.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Snow Lake Resources Ltd (2019–2025)
The table below shows the annual total assets of Snow Lake Resources Ltd from 2019 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-06-30 | $78.33 Million | +161.84% |
| 2024-06-30 | $29.92 Million | +13.24% |
| 2023-06-30 | $26.42 Million | -28.80% |
| 2022-06-30 | $37.11 Million | +505.56% |
| 2021-06-30 | $6.13 Million | +10.38% |
| 2020-06-30 | $5.55 Million | -4.59% |
| 2019-06-30 | $5.82 Million | -- |
About Snow Lake Resources Ltd
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 also engages in the exploration and development of uranium and gold deposits. The company holds a portfolio of projects in Canada, the United States, and Namibia. The company was incorporated in 2018 a… Read more