Labrador Gold Corp (LAB) — Net Asset Quality Index
Labrador Gold Corp (LAB) has a Net Asset Quality Index of 99.0% as of June 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$24.77 Million minus total liabilities of CA$242.55K yields net assets of CA$24.53 Million. A higher index indicates a stronger, lower-leverage balance sheet. See LAB days of operational coverage to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Labrador Gold Corp Net Asset Quality Index Over Time (2016–2024)
This chart shows how Labrador Gold Corp's Net Asset Quality Index has evolved across 9 annual periods from 2016 to 2024. As of June 2025, the index stands at 99.0%, representing net assets of CA$24.53 Million against total assets of CA$24.77 Million CAD. Explore how efficiently does Labrador Gold Corp generate cash to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Labrador Gold Corp (2016–2024)
The table below presents the year-by-year Net Asset Quality Index for Labrador Gold Corp from 2016 to 2024, covering 9 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see LAB stock market capitalisation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 99.6% | CA$31.31 Million | CA$31.45 Million | CA$140.15K | ▲ +3.2 pp |
| 2023 | 96.4% | CA$48.64 Million | CA$50.45 Million | CA$1.82 Million | ▲ +0.2 pp |
| 2022 | 96.2% | CA$48.93 Million | CA$50.84 Million | CA$1.91 Million | ▼ -0.3 pp |
| 2021 | 96.5% | CA$44.78 Million | CA$46.40 Million | CA$1.62 Million | ▼ -1.7 pp |
| 2020 | 98.3% | CA$13.57 Million | CA$13.81 Million | CA$240.81K | ▲ +1.2 pp |
| 2019 | 97.1% | CA$6.62 Million | CA$6.82 Million | CA$198.28K | ▲ +1.7 pp |
| 2018 | 95.4% | CA$6.10 Million | CA$6.39 Million | CA$292.76K | ▼ -2.1 pp |
| 2017 | 97.6% | CA$1.04 Million | CA$1.07 Million | CA$26.12K | ▲ +6.5 pp |
| 2016 | 91.0% | CA$503.53K | CA$553.23K | CA$49.70K | — |