Snow Net Working Capital from 2010 to 2024

LITM Stock  USD 0.18  0.01  5.26%   
Snow Lake Net Working Capital yearly trend continues to be very stable with very little volatility. Net Working Capital is likely to drop to about 2 M. During the period from 2010 to 2024, Snow Lake Net Working Capital quarterly data regression pattern had sample variance of 35.3 T and median of  215,177. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
2.1 M
Current Value
M
Quarterly Volatility
5.9 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 Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Snow Lake Resources over the last few years. It is Snow Lake's Net Working Capital 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.
Net Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

Snow Net Working Capital Regression Statistics

Arithmetic Mean2,001,833
Geometric Mean503,626
Coefficient Of Variation296.69
Mean Deviation2,853,160
Median215,177
Standard Deviation5,939,278
Sample Variance35.3T
Range24.2M
R-Value0.32
Mean Square Error34T
R-Squared0.10
Significance0.24
Slope428,928
Total Sum of Squares493.9T

Snow Net Working Capital History

2024M
20232.1 M
20221.9 M
202123.2 M
2020-977.4 K
2019-189.3 K

About Snow Lake Financial Statements

Snow Lake investors utilize fundamental indicators, such as Net Working Capital, 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
Net Working Capital2.1 MM

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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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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.