Snow Historical Balance Sheet
LITM Stock | USD 0.74 0.10 11.90% |
Trend analysis of Snow Lake Resources balance sheet accounts such as Total Current Liabilities of 1.6 M provides information on Snow Lake's total assets, liabilities, and equity, which is the actual value of Snow Lake Resources to its prevalent stockholders. By breaking down trends over time using Snow Lake balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Snow Lake Resources latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Snow Lake Resources is a good buy for the upcoming year.
Snow Lake Inventory |
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Snow |
About Snow Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Snow Lake Resources at a specified time, usually calculated after every quarter, six months, or one year. Snow Lake Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Snow Lake and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Snow currently owns. An asset can also be divided into two categories, current and non-current.
Snow Lake Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Snow Lake assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Snow Lake Resources books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Snow Lake balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Snow Lake Resources are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most accounts from Snow Lake's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Snow Lake Resources current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Snow Lake Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At this time, Snow Lake's Inventory is very stable compared to the past year. As of the 31st of January 2025, Other Current Assets is likely to grow to about 853.3 K, while Short and Long Term Debt Total is likely to drop about 26.6 K.
2022 | 2023 | 2024 | 2025 (projected) | Short and Long Term Debt Total | 61.0K | 31.1K | 28.0K | 26.6K | Total Assets | 26.4M | 29.9M | 34.4M | 20.3M |
Snow Lake balance sheet Correlations
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Snow Lake Account Relationship Matchups
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Snow Lake balance sheet Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 6.1M | 37.1M | 26.4M | 29.9M | 34.4M | 20.3M | |
Short Long Term Debt Total | 659.5K | 201.2K | 61.0K | 31.1K | 28.0K | 26.6K | |
Other Current Liab | 409.9K | 1.0M | 2.3M | 1.4M | 1.7M | 936.0K | |
Total Current Liabilities | 1.4M | 1.8M | 3.1M | 1.9M | 2.2M | 1.6M | |
Total Stockholder Equity | 4.8M | 35.3M | 23.3M | 25.5M | 29.3M | 18.2M | |
Property Plant And Equipment Net | 5.7M | 12.1M | 21.5M | 26.6M | 30.6M | 32.2M | |
Net Debt | 340.7K | (23.6M) | (3.8M) | (2.5M) | (2.2M) | (2.4M) | |
Retained Earnings | (2.3M) | (10.5M) | (24.6M) | (26.5M) | (23.9M) | (22.7M) | |
Accounts Payable | 262.1K | 568.1K | 722.4K | 470.2K | 540.7K | 423.8K | |
Cash | 318.8K | 23.8M | 3.8M | 2.5M | 2.9M | 5.7M | |
Non Current Assets Total | 5.7M | 12.1M | 21.5M | 26.6M | 30.6M | 32.2M | |
Cash And Short Term Investments | 318.8K | 23.8M | 3.8M | 2.5M | 2.9M | 5.7M | |
Net Receivables | 10.6K | 304.5K | 191.5K | 40.7K | 46.8K | 44.5K | |
Liabilities And Stockholders Equity | 6.1M | 37.1M | 26.4M | 29.9M | 34.4M | 20.3M | |
Non Current Liabilities Total | 921.7K | 1.4M | 31.1K | 2.5M | 2.8M | 3.0M | |
Other Current Assets | 68.0K | 483.3K | 883.9K | 706.6K | 812.6K | 853.3K | |
Total Liab | 1.4M | 1.8M | 3.9M | 4.4M | 5.1M | 5.3M | |
Net Invested Capital | 5.4M | 35.5M | 23.3M | 25.5M | 29.3M | 18.5M | |
Total Current Assets | 397.5K | 25.0M | 4.9M | 3.3M | 3.8M | 6.3M | |
Accumulated Other Comprehensive Income | 1.2M | 1.3M | 6.1M | 6.5M | 7.5M | 7.9M | |
Capital Stock | 5.8M | 39.7M | 40.6M | 50.1M | 57.6M | 60.5M | |
Net Working Capital | (977.4K) | 23.2M | 1.9M | 1.3M | 1.5M | 1.5M | |
Short Term Debt | 659.5K | 201.2K | 29.9K | 31.1K | 28.0K | 26.6K | |
Common Stock | 5.8M | 39.7M | 40.6M | 50.1M | 57.6M | 60.5M |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Snow Lake Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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.
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.