Snow Lake Resources Ltd (LITM) — Working Capital to Net Assets Ratio
Snow Lake Resources Ltd (LITM) has a Working Capital to Net Assets ratio of 36.9% as of March 2025. Working capital of $18.83 Million (current assets of $29.96 Million minus current liabilities of $11.14 Million) is measured against net assets of $51.03 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Snow Lake Resources Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Snow Lake Resources Ltd Working Capital to Net Assets (2019–2025)
This chart shows how Snow Lake Resources Ltd's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2019 to 2025. As of March 2025, the ratio stands at 36.9%, reflecting working capital of $18.83 Million against net assets of $51.03 Million USD. For the complete balance sheet picture, see total assets of Snow Lake Resources Ltd.
Annual Working Capital to Net Assets for Snow Lake Resources Ltd (2019–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Snow Lake Resources Ltd from 2019 to 2025, covering 7 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check Snow Lake Resources Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 23.2% | $15.35 Million | $66.18 Million | $22.37 Million | $7.02 Million | ▲ +18.0 pp |
| 2024 | 5.2% | $1.33 Million | $25.50 Million | $3.27 Million | $1.94 Million | ▼ -3.0 pp |
| 2023 | 8.2% | $1.85 Million | $22.50 Million | $4.92 Million | $3.06 Million | ▼ -57.6 pp |
| 2022 | 65.8% | $23.25 Million | $35.33 Million | $25.03 Million | $1.78 Million | ▲ +86.4 pp |
| 2021 | -20.6% | $-977.36K | $4.75 Million | $397.46K | $1.37 Million | ▼ -16.9 pp |
| 2020 | -3.6% | $-189.25K | $5.21 Million | $154.48K | $343.73K | ▼ -7.6 pp |
| 2019 | 4.0% | $215.18K | $5.39 Million | $643.78K | $428.60K | — |