Canadian Life Companies Split Corp (LFE) - Net Assets
Based on the latest financial reports, Canadian Life Companies Split Corp (LFE) has net assets worth CA$117.20 Million CAD (≈ $84.78 Million USD) as of November 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$285.94 Million ≈ $206.85 Million USD) and total liabilities (CA$168.74 Million ≈ $122.06 Million USD). 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. Check LFE financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$117.20 Million |
| % of Total Assets | 40.99% |
| Annual Growth Rate | -1.87% |
| 5-Year Change | 136.28% |
| 10-Year Change | 32.74% |
| Growth Volatility | 63.97 |
Canadian Life Companies Split Corp - Net Assets Trend (2007–2025)
This chart illustrates how Canadian Life Companies Split Corp's net assets have evolved over time, based on quarterly financial data. Also explore Canadian Life Companies Split Corp asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Canadian Life Companies Split Corp (2007–2025)
The table below shows the annual net assets of Canadian Life Companies Split Corp from 2007 to 2025. For live valuation and market cap data, see Canadian Life Companies Split Corp (LFE) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-11-30 | CA$117.20 Million ≈ $84.78 Million |
+38.50% |
| 2024-11-30 | CA$84.63 Million ≈ $61.22 Million |
+68.07% |
| 2023-11-30 | CA$50.35 Million ≈ $36.42 Million |
+19.69% |
| 2022-11-30 | CA$42.07 Million ≈ $30.43 Million |
-15.19% |
| 2021-11-30 | CA$49.60 Million ≈ $35.88 Million |
+42.49% |
| 2020-11-30 | CA$34.81 Million ≈ $25.18 Million |
-49.77% |
| 2019-11-30 | CA$69.30 Million ≈ $50.13 Million |
+36.79% |
| 2018-11-30 | CA$50.66 Million ≈ $36.65 Million |
-37.97% |
| 2017-11-30 | CA$81.67 Million ≈ $59.08 Million |
-7.51% |
| 2016-11-30 | CA$88.30 Million ≈ $63.87 Million |
+10.58% |
| 2015-11-30 | CA$79.85 Million ≈ $57.76 Million |
-2.96% |
| 2014-11-30 | CA$82.29 Million ≈ $59.53 Million |
+51.82% |
| 2013-11-30 | CA$54.20 Million ≈ $39.21 Million |
+176.79% |
| 2012-11-30 | CA$19.58 Million ≈ $14.17 Million |
+138.99% |
| 2011-11-30 | CA$8.19 Million ≈ $5.93 Million |
-81.08% |
| 2010-11-30 | CA$43.30 Million ≈ $31.32 Million |
+0.56% |
| 2009-11-30 | CA$43.06 Million ≈ $31.15 Million |
-20.14% |
| 2008-11-30 | CA$53.92 Million ≈ $39.01 Million |
-67.24% |
| 2007-11-30 | CA$164.59 Million ≈ $119.06 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Canadian Life Companies Split Corp'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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (November 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$117.20 Million | 100.00% |
| Total Equity | CA$117.20 Million | 100.00% |
Canadian Life Companies Split Corp Competitors by Market Cap
The table below lists competitors of Canadian Life Companies Split Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FELIX Gold Ltd
AU:FXG
|
$90.53 Million |
|
Expensify Inc
NASDAQ:EXFY
|
$90.54 Million |
|
ReaLy Development & Construction
TWO:2596
|
$90.58 Million |
|
Consti Yhtiot Oy
HE:CONSTI
|
$90.62 Million |
|
Kino Indonesia Tbk PT
JK:KINO
|
$90.49 Million |
|
Eaton Vance Senior Income Closed Fund
NYSE:EVF
|
$90.49 Million |
|
VITA 34 AG
XETRA:V3V
|
$90.49 Million |
|
Brave C&H Supply Co Ltd
TWO:6538
|
$90.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Canadian Life Companies Split Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 84,625,180 to 117,202,661, a change of 32,577,481 (38.5%).
- Net income of 21,567,304 contributed positively to equity growth.
- Dividend payments of 23,453,900 reduced retained earnings.
- Share repurchases of 15,450,629 reduced equity.
- New share issuances of 104,549,129 increased equity.
- Other factors decreased equity by 54,634,423.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$21.57 Million | +18.4% |
| Dividends Paid | CA$23.45 Million | -20.01% |
| Share Repurchases | CA$15.45 Million | -13.18% |
| Share Issuances | CA$104.55 Million | +89.2% |
| Other Changes | CA$-54.63 Million | -46.62% |
| Total Change | CA$- | 38.50% |
Book Value vs Market Value Analysis
This analysis compares Canadian Life Companies Split Corp'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: 0.80x
- 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.
- The price-to-book ratio has increased from 0.38x to 0.80x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-11-30 | CA$20.01 | CA$7.56 | x |
| 2006-11-30 | CA$28.23 | CA$7.56 | x |
| 2007-11-30 | CA$30.29 | CA$7.56 | x |
| 2008-11-30 | CA$7.29 | CA$7.56 | x |
| 2009-11-30 | CA$6.36 | CA$7.56 | x |
| 2010-11-30 | CA$5.32 | CA$7.56 | x |
| 2011-11-30 | CA$1.00 | CA$7.56 | x |
| 2012-11-30 | CA$2.40 | CA$7.56 | x |
| 2013-11-30 | CA$4.75 | CA$7.56 | x |
| 2014-11-30 | CA$5.81 | CA$7.56 | x |
| 2015-11-30 | CA$4.71 | CA$7.56 | x |
| 2016-11-30 | CA$5.52 | CA$7.56 | x |
| 2017-11-30 | CA$5.25 | CA$7.56 | x |
| 2018-11-30 | CA$3.42 | CA$7.56 | x |
| 2019-11-30 | CA$4.88 | CA$7.56 | x |
| 2020-11-30 | CA$2.58 | CA$7.56 | x |
| 2021-11-30 | CA$3.88 | CA$7.56 | x |
| 2022-11-30 | CA$3.38 | CA$7.56 | x |
| 2023-11-30 | CA$4.25 | CA$7.56 | x |
| 2024-11-30 | CA$7.11 | CA$7.56 | x |
| 2025-11-30 | CA$9.44 | CA$7.56 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Canadian Life Companies Split Corp 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): 18.40%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 207.14%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 2.44x
- Recent ROE (18.40%) is above the historical average (-11.89%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 14.86% | 573.87% | 0.02x | 1.68x | CA$6.17 Million |
| 2006 | 14.54% | 428.29% | 0.02x | 1.63x | CA$7.23 Million |
| 2007 | 11.76% | 317.02% | 0.02x | 1.61x | CA$2.90 Million |
| 2008 | -172.06% | -1508.20% | 0.04x | 2.72x | CA$-98.17 Million |
| 2009 | -12.81% | -98.39% | 0.04x | 3.09x | CA$-9.82 Million |
| 2010 | -8.18% | -69.55% | 0.03x | 3.61x | CA$-7.87 Million |
| 2011 | -394.14% | -538.63% | 0.05x | 14.17x | CA$-33.11 Million |
| 2012 | 83.76% | 361.56% | 0.04x | 5.73x | CA$14.44 Million |
| 2013 | 55.83% | 92.78% | 0.17x | 3.62x | CA$24.84 Million |
| 2014 | 30.63% | 95.42% | 0.11x | 3.03x | CA$16.97 Million |
| 2015 | 12.66% | 94.40% | 0.04x | 3.03x | CA$2.12 Million |
| 2016 | 27.41% | 97.50% | 0.10x | 2.84x | CA$15.37 Million |
| 2017 | 19.58% | 94.85% | 0.07x | 2.93x | CA$7.82 Million |
| 2018 | -37.05% | 0.00% | -0.09x | 4.01x | CA$-23.84 Million |
| 2019 | 50.25% | 98.11% | 0.17x | 3.05x | CA$27.89 Million |
| 2020 | -88.15% | -257.22% | 0.07x | 4.90x | CA$-34.17 Million |
| 2021 | 37.64% | 219.48% | 0.05x | 3.53x | CA$13.71 Million |
| 2022 | 8.15% | 34.44% | 0.06x | 4.06x | CA$-779.01K |
| 2023 | 23.31% | 142.75% | 0.05x | 3.33x | CA$6.70 Million |
| 2024 | 53.86% | 81.47% | 0.29x | 2.29x | CA$37.11 Million |
| 2025 | 18.40% | 207.14% | 0.04x | 2.44x | CA$9.85 Million |
Industry Comparison
This section compares Canadian Life Companies Split Corp's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $3,989,024,875
- Average return on equity (ROE) among peers: 8.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Canadian Life Companies Split Corp (LFE) | CA$117.20 Million | 14.86% | 1.44x | $90.52 Million |
| Aberdeen International Inc. (AAB) | $25.89 Million | -37.52% | 0.12x | $3.49 Million |
| Base Carbon Inc. (BCBN) | $43.86 Million | -35.28% | 0.01x | $67.04 Million |
| Canadian Banc Corp (BK) | $97.56 Million | 25.22% | 0.73x | $525.03 Million |
| Brookfield Corporation (BN) | $29.19 Billion | 4.98% | 1.68x | $99.82 Billion |
| Sprott Physical Gold and Silver Trust (CEF) | $4.42 Billion | 22.79% | 0.00x | $9.12 Billion |
| Canadian General Investments Ltd (CGI) | $1.45 Billion | 21.20% | 0.14x | $767.51 Million |
| CI Financial Corp (CIX) | $1.91 Billion | 27.54% | 0.58x | $3.32 Billion |
| Clairvest Group Inc. (CVG) | $1.22 Billion | 4.30% | 0.17x | $752.38 Million |
| Cymbria Corporation (CYB) | $1.36 Billion | -5.91% | 0.05x | $987.87 Million |
| Dividend 15 Split Corp II (DF) | $172.83 Million | 55.20% | 1.48x | $151.03 Million |
About Canadian Life Companies Split Corp
Canadian Life Companies Split Corp. is a closed-ended equity mutual fund launched and managed by Quadravest Capital Management Inc. It invests in the public equity markets of Canada. The fund seeks to invest in stocks of companies operating in the life insurance sector. It primarily invests in stocks of four publicly traded life insurance companies namely Great-West Lifeco Inc., Industrial Allian… Read more