GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Snow Lake Resources Ltd (NAS:LITM) » Definitions » Total Equity

Snow Lake Resources (Snow Lake Resources) Total Equity : $18.13 Mil (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Snow Lake Resources Total Equity?

Snow Lake Resources's total equity for the quarter that ended in Dec. 2023 was $18.13 Mil.

This is Residual interest, including minority interest, that remains in the assets of the enterprise after deducting its liabilities. Equity is increased by owners’ investments and by comprehensive income, and it is reduced by distributions to the owners.


Snow Lake Resources Total Equity Historical Data

The historical data trend for Snow Lake Resources's Total Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Snow Lake Resources Total Equity Chart

Snow Lake Resources Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Total Equity
4.06 3.84 3.89 27.59 16.94

Snow Lake Resources Semi-Annual Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.29 27.59 22.28 16.94 18.13

Snow Lake Resources Total Equity Calculation

Total Equity and Total Liabilities are the two components for Total Assets.

Snow Lake Resources's Total Equity for the fiscal year that ended in Jun. 2023 is calculated as

Total Equity=Total Assets(Q: Jun. 2023 )-Total Liabilities(Q: Jun. 2023 )
=19.885-2.947
=16.94

Snow Lake Resources's Total Equity for the quarter that ended in Dec. 2023 is calculated as

Total Equity=Total Assets(Q: Dec. 2023 )-Total Liabilities(Q: Dec. 2023 )
=22.627-4.499
=18.13

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Snow Lake Resources Total Equity Related Terms

Thank you for viewing the detailed overview of Snow Lake Resources's Total Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Snow Lake Resources (Snow Lake Resources) Business Description

Traded in Other Exchanges
N/A
Address
360 Main Street, 30th Floor, Winnipeg, MB, CAN, R3C 4G1
Snow Lake Resources Ltd is an exploration stage mining company engaged in lithium exploration in the province of Manitoba, Canada. Its primary focus is currently conducting exploration for lithium at Thompson Brothers Lithium Project.

Snow Lake Resources (Snow Lake Resources) Headlines

From GuruFocus