Snow Other Current Assets from 2010 to 2024

LITM Stock  USD 0.18  0.01  5.26%   
Snow Lake Other Current Assets yearly trend continues to be very stable with very little volatility. Other Current Assets are likely to drop to about 392.7 K. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2010-12-31
Previous Quarter
706.6 K
Current Value
392.7 K
Quarterly Volatility
298.2 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Snow Lake financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Snow Lake's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.9 K, Interest Expense of 16.9 K or Selling General Administrative of 14.7 M, as well as many indicators such as Price To Sales Ratio of 0.0, Ptb Ratio of 2.54 or Days Sales Outstanding of 0.0. Snow financial statements analysis is a perfect complement when working with Snow Lake Valuation or Volatility modules.
  
Check out the analysis of Snow Lake Correlation against competitors.

Latest Snow Lake's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Snow Lake Resources over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Snow Lake's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Snow Lake's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Snow Other Current Assets Regression Statistics

Arithmetic Mean168,989
Geometric Mean834.63
Coefficient Of Variation176.44
Mean Deviation238,732
Median44.78
Standard Deviation298,157
Sample Variance88.9B
Range883.9K
R-Value0.73
Mean Square Error45.3B
R-Squared0.53
Significance0
Slope48,370
Total Sum of Squares1.2T

Snow Other Current Assets History

2024392.7 K
2023706.6 K
2022883.9 K
2021483.3 K
202068 K
2019 11.39

About Snow Lake Financial Statements

Snow Lake investors utilize fundamental indicators, such as Other Current Assets, to predict how Snow Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Other Current Assets706.6 K392.7 K

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When determining whether Snow Lake Resources is a strong investment it is important to analyze Snow Lake's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Snow Lake's future performance. For an informed investment choice regarding Snow Stock, refer to the following important reports:
Check out the analysis of Snow Lake Correlation against competitors.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Snow Lake. If investors know Snow will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Snow Lake listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.24)
Return On Assets
(0.13)
Return On Equity
(0.29)
The market value of Snow Lake Resources is measured differently than its book value, which is the value of Snow that is recorded on the company's balance sheet. Investors also form their own opinion of Snow Lake's value that differs from its market value or its book value, called intrinsic value, which is Snow Lake's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Snow Lake's market value can be influenced by many factors that don't directly affect Snow Lake's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Snow Lake's value and its price as these two are different measures arrived at by different means. Investors typically determine if Snow Lake is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Snow Lake's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.