Labrador Iron Mines Holdings Limited
Labrador Iron Mines Holdings Limited, a mineral resource company, engages in the exploration, development, and mining of iron ore projects in Canada. Its flagship project is the Houston project, which includes the Houston deposit and the Malcolm deposit located in Labrador. The company was incorporated in 2007 and is headquartered in Toronto, Canada.
Labrador Iron Mines Holdings Limited (LBRMF) - Net Assets
Latest net assets as of September 2025: $24.19 Million USD
Based on the latest financial reports, Labrador Iron Mines Holdings Limited (LBRMF) has net assets worth $24.19 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($27.46 Million) and total liabilities ($3.27 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $24.19 Million |
| % of Total Assets | 88.09% |
| Annual Growth Rate | N/A |
| 5-Year Change | 18.58% |
| 10-Year Change | N/A |
| Growth Volatility | 56.77 |
Labrador Iron Mines Holdings Limited - Net Assets Trend (2006–2025)
This chart illustrates how Labrador Iron Mines Holdings Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Labrador Iron Mines Holdings Limited (2006–2025)
The table below shows the annual net assets of Labrador Iron Mines Holdings Limited from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $24.36 Million | -1.85% |
| 2024-03-31 | $24.82 Million | +32.31% |
| 2023-03-31 | $18.76 Million | -10.06% |
| 2022-03-31 | $20.86 Million | +1.52% |
| 2021-03-31 | $20.54 Million | +5472.42% |
| 2020-03-31 | $-382.41K | -118.83% |
| 2019-03-31 | $2.03 Million | -25.01% |
| 2018-03-31 | $2.71 Million | -32.09% |
| 2017-03-31 | $3.99 Million | +106.80% |
| 2016-03-31 | $-58.68 Million | +0.01% |
| 2015-03-31 | $-58.68 Million | -137.15% |
| 2014-03-31 | $157.99 Million | -39.88% |
| 2013-03-31 | $262.79 Million | -21.10% |
| 2012-03-31 | $333.09 Million | +102.41% |
| 2011-03-31 | $164.56 Million | -6.29% |
| 2010-03-31 | $175.61 Million | +24.61% |
| 2009-03-31 | $140.92 Million | +1.04% |
| 2008-03-31 | $139.47 Million | +173976.46% |
| 2007-03-31 | $-80.21K | -214.55% |
| 2006-03-31 | $-25.50K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Labrador Iron Mines Holdings Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 38449299600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $395.69 Million | 3226.82% |
| Other Comprehensive Income | $1.34 Million | 10.96% |
| Total Equity | $12.26 Million | 100.00% |
Labrador Iron Mines Holdings Limited Competitors by Market Cap
The table below lists competitors of Labrador Iron Mines Holdings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DRAGO ENTERTAINM. ZY -10
F:65M
|
$1.75 Million |
|
Groupe JAJ
PA:GJAJ
|
$1.75 Million |
|
ELECTRONIC ARTS
BE:ERT
|
$1.75 Million |
|
Variscan Mines Ltd
AU:VAR
|
$1.75 Million |
|
Kian Santang Muliatama Tbk.
JK:RGAS
|
$1.75 Million |
|
Ashoka Metcast Limited
NSE:ASHOKAMET
|
$1.75 Million |
|
Euro Cervantes SOCIMI SA
MC:YEUR
|
$1.75 Million |
|
ELECTRONIC ARTS - Dusseldorf Stock Exchang
DU:ERT
|
$1.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Labrador Iron Mines Holdings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 12,690,648 to 12,262,444, a change of -428,204 (-3.4%).
- Net loss of 539,709 reduced equity.
- Other comprehensive income increased equity by 111,505.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-539.71K | -4.4% |
| Other Comprehensive Income | $111.50K | +0.91% |
| Total Change | $- | -3.37% |
Book Value vs Market Value Analysis
This analysis compares Labrador Iron Mines Holdings Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.15x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | $0.00 | $0.01 | x |
| 2007-03-31 | $0.00 | $0.01 | x |
| 2008-03-31 | $10.03 | $0.01 | x |
| 2009-03-31 | $3.79 | $0.01 | x |
| 2010-03-31 | $4.70 | $0.01 | x |
| 2011-03-31 | $3.77 | $0.01 | x |
| 2012-03-31 | $6.19 | $0.01 | x |
| 2013-03-31 | $3.15 | $0.01 | x |
| 2014-03-31 | $1.25 | $0.01 | x |
| 2015-03-31 | $-0.46 | $0.01 | x |
| 2016-03-31 | $-0.49 | $0.01 | x |
| 2017-03-31 | $0.01 | $0.01 | x |
| 2018-03-31 | $0.00 | $0.01 | x |
| 2019-03-31 | $0.00 | $0.01 | x |
| 2020-03-31 | $0.00 | $0.01 | x |
| 2021-03-31 | $0.07 | $0.01 | x |
| 2022-03-31 | $0.07 | $0.01 | x |
| 2023-03-31 | $0.06 | $0.01 | x |
| 2024-03-31 | $0.08 | $0.01 | x |
| 2025-03-31 | $0.08 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Labrador Iron Mines Holdings Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -4.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 2.20x
- Recent ROE (-4.40%) is below the historical average (220.54%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 0.00% | 0.00% | 0.00x | 0.00x | $-22.95K |
| 2007 | 0.00% | 0.00% | 0.00x | 0.00x | $-46.69K |
| 2008 | 1.43% | 0.00% | 0.00x | 1.26x | $-11.95 Million |
| 2009 | -0.25% | 0.00% | 0.00x | 1.26x | $-14.44 Million |
| 2010 | 0.66% | 0.00% | 0.00x | 1.20x | $-16.40 Million |
| 2011 | -2.44% | 0.00% | 0.00x | 1.12x | $-20.47 Million |
| 2012 | -4.40% | 0.00% | 0.00x | 1.14x | $-47.98 Million |
| 2013 | -49.35% | -135.49% | 0.32x | 1.13x | $-155.95 Million |
| 2014 | -66.60% | -122.55% | 0.38x | 1.42x | $-121.02 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-210.80 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $3.39 Million |
| 2017 | 4274.57% | 0.00% | 0.00x | 3.44x | $60.55 Million |
| 2018 | -218.24% | 0.00% | 0.00x | 8.00x | $-1.02 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-539.62K |
| 2020 | 375.62% | 0.00% | 0.00x | 29.96x | $162.67K |
| 2021 | 118.73% | 0.00% | 0.00x | 2.04x | $11.92 Million |
| 2022 | -2.81% | 0.00% | 0.00x | 1.95x | $-1.42 Million |
| 2023 | -6.51% | 0.00% | 0.00x | 2.02x | $-1.62 Million |
| 2024 | -5.29% | 0.00% | 0.00x | 2.12x | $-1.94 Million |
| 2025 | -4.40% | 0.00% | 0.00x | 2.20x | $-1.77 Million |
Industry Comparison
This section compares Labrador Iron Mines Holdings Limited's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Labrador Iron Mines Holdings Limited (LBRMF) | $24.19 Million | 0.00% | 0.14x | $1.75 Million |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |