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. Check how resilient are Labrador Gold Corp's assets to evaluate the company's liquid asset resilience ratio.
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. See working capital to net assets of Labrador Gold Corp to evaluate short-term liquidity relative to the company's equity base.
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 Labrador Gold Corp (LAB) 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 | — |