Snow Lake Resources Ltd (LITM) - Total Liabilities
Based on the latest financial reports, Snow Lake Resources Ltd (LITM) has total liabilities worth $11.14 Million USD as of March 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Explore how efficiently does Snow Lake Resources Ltd generate cash to assess how effectively this company generates cash.
Snow Lake Resources Ltd - Total Liabilities Trend (2019–2025)
This chart illustrates how Snow Lake Resources Ltd's total liabilities have evolved over time, based on quarterly financial data. Check LITM financial resilience to evaluate the company's liquid asset resilience ratio.
Snow Lake Resources Ltd Competitors by Total Liabilities
The table below lists competitors of Snow Lake Resources Ltd ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Quality & Reliability A.B.E.E
AT:QUAL
|
Greece | €15.77 Million |
|
Rank Progress S.A.
WAR:RNK
|
Poland | zł332.60 Million |
|
Arlitech Electronic
TWO:6432
|
Taiwan | NT$457.37 Million |
|
Elutia Inc.
NASDAQ:ELUT
|
USA | $73.33 Million |
|
Pan Global Resources Inc
V:PGZ
|
Canada | CA$871.00K |
|
Demisas Dokum Emaye Mamulleri Sanayi AS
IS:DMSAS
|
Turkey | TL1.51 Billion |
|
Woosung Feed
KO:006980
|
Korea | ₩228.06 Billion |
|
Royalindo Investa Wijaya
JK:INDO
|
Indonesia | Rp5.90 Billion |
Liability Composition Analysis (2019–2025)
This chart breaks down Snow Lake Resources Ltd's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see how much is Snow Lake Resources Ltd worth.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 2.69 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.22 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.18 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Snow Lake Resources Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Snow Lake Resources Ltd (2019–2025)
The table below shows the annual total liabilities of Snow Lake Resources Ltd from 2019 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-06-30 | $8.88 Million | +101.00% |
| 2024-06-30 | $4.42 Million | +12.87% |
| 2023-06-30 | $3.91 Million | +119.82% |
| 2022-06-30 | $1.78 Million | +29.54% |
| 2021-06-30 | $1.37 Million | +299.97% |
| 2020-06-30 | $343.73K | -19.80% |
| 2019-06-30 | $428.60K | -- |
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 holds a portfolio of projects in Canada, the United States, and Namibia. The company was incorporated in 2018 and is based in Winnipeg, Canada.