Snow Total Current Assets from 2010 to 2024

LITM Stock  USD 0.18  0.01  5.26%   
Snow Lake Total Current Assets yearly trend continues to be very stable with very little volatility. Total Current Assets are likely to grow to about 6.3 M this year. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
2010-12-31
Previous Quarter
3.3 M
Current Value
6.3 M
Quarterly Volatility
6.4 M
 
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 Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of Snow Lake Resources over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Snow Lake's Total 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.
Total Current Assets10 Years Trend
Slightly volatile
   Total Current Assets   
       Timeline  

Snow Total Current Assets Regression Statistics

Arithmetic Mean3,058,331
Geometric Mean1,075,143
Coefficient Of Variation207.68
Mean Deviation3,639,423
Median643,781
Standard Deviation6,351,389
Sample Variance40.3T
Range24.9M
R-Value0.43
Mean Square Error35.3T
R-Squared0.19
Significance0.11
Slope616,530
Total Sum of Squares564.8T

Snow Total Current Assets History

20246.3 M
20233.3 M
20224.9 M
202125 M
2020397.5 K
2019154.5 K

About Snow Lake Financial Statements

Snow Lake investors utilize fundamental indicators, such as Total 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
Total Current Assets3.3 M6.3 M

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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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.