Leon's Furniture Limited (LNF) - Net Assets
Based on the latest financial reports, Leon's Furniture Limited (LNF) has net assets worth CA$1.26 Billion CAD (≈ $908.67 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$2.48 Billion ≈ $1.79 Billion USD) and total liabilities (CA$1.22 Billion ≈ $882.90 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 Leon's Furniture Limited asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$1.26 Billion |
| % of Total Assets | 50.72% |
| Annual Growth Rate | 7.83% |
| 5-Year Change | 58.76% |
| 10-Year Change | 90.45% |
| Growth Volatility | 6.75 |
Leon's Furniture Limited - Net Assets Trend (1997–2025)
This chart illustrates how Leon's Furniture Limited's net assets have evolved over time, based on quarterly financial data. Also explore Leon's Furniture Limited asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Leon's Furniture Limited (1997–2025)
The table below shows the annual net assets of Leon's Furniture Limited from 1997 to 2025. For live valuation and market cap data, see LNF stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$1.26 Billion ≈ $908.67 Million |
+10.08% |
| 2024-12-31 | CA$1.14 Billion ≈ $825.49 Million |
+10.95% |
| 2023-12-31 | CA$1.03 Billion ≈ $744.02 Million |
+10.73% |
| 2022-12-31 | CA$928.88 Million ≈ $671.94 Million |
+17.40% |
| 2021-12-31 | CA$791.19 Million ≈ $572.34 Million |
-22.13% |
| 2020-12-31 | CA$1.02 Billion ≈ $734.96 Million |
+10.95% |
| 2019-12-31 | CA$915.76 Million ≈ $662.45 Million |
+6.81% |
| 2018-12-31 | CA$857.36 Million ≈ $620.20 Million |
+10.91% |
| 2017-12-31 | CA$773.05 Million ≈ $559.21 Million |
+17.21% |
| 2016-12-31 | CA$659.55 Million ≈ $477.11 Million |
+9.85% |
| 2015-12-31 | CA$600.40 Million ≈ $434.32 Million |
+9.34% |
| 2014-12-31 | CA$549.11 Million ≈ $397.21 Million |
+10.58% |
| 2013-12-31 | CA$496.56 Million ≈ $359.20 Million |
+9.81% |
| 2012-12-31 | CA$452.19 Million ≈ $327.11 Million |
+6.28% |
| 2011-12-31 | CA$425.46 Million ≈ $307.77 Million |
+3.70% |
| 2010-12-31 | CA$410.29 Million ≈ $296.79 Million |
+9.37% |
| 2009-12-31 | CA$375.14 Million ≈ $271.37 Million |
+6.16% |
| 2008-12-31 | CA$353.36 Million ≈ $255.61 Million |
+9.74% |
| 2007-12-31 | CA$322.00 Million ≈ $232.93 Million |
+11.97% |
| 2006-12-31 | CA$287.57 Million ≈ $208.03 Million |
+10.42% |
| 2005-12-31 | CA$260.44 Million ≈ $188.40 Million |
+4.23% |
| 2004-12-31 | CA$249.87 Million ≈ $180.75 Million |
+5.16% |
| 2003-12-31 | CA$237.61 Million ≈ $171.88 Million |
+2.14% |
| 2002-12-31 | CA$232.63 Million ≈ $168.28 Million |
+6.65% |
| 2001-12-31 | CA$218.12 Million ≈ $157.79 Million |
+7.80% |
| 2000-12-31 | CA$202.34 Million ≈ $146.37 Million |
+13.49% |
| 1999-12-31 | CA$178.30 Million ≈ $128.98 Million |
+8.79% |
| 1998-12-31 | CA$163.90 Million ≈ $118.56 Million |
+7.62% |
| 1997-12-31 | CA$152.30 Million ≈ $110.17 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Leon's Furniture 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 grown by 623.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$1.06 Billion | 84.10% |
| Common Stock | CA$180.10 Million | 14.34% |
| Other Comprehensive Income | CA$19.65 Million | 1.56% |
| Other Components | CA$1.00 | 0.00% |
| Total Equity | CA$1.26 Billion | 100.00% |
Leon's Furniture Limited Competitors by Market Cap
The table below lists competitors of Leon's Furniture Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
UTI Asset Management Company Limited
NSE:UTIAMC
|
$1.32 Billion |
|
Chagee Holdings Limited American Depositary Shares
NASDAQ:CHA
|
$1.32 Billion |
|
SIGNATUREGLOBAL (INDIA) LIMITED
NSE:SIGNATURE
|
$1.32 Billion |
|
Fugro N.V.
AS:FUR
|
$1.32 Billion |
|
Corporación Interamericana de Entretenimiento S.A.B. de C.V
MX:CIEB
|
$1.32 Billion |
|
Flywire Corp
NASDAQ:FLYW
|
$1.32 Billion |
|
Harbin Pharmaceutical Group Co Ltd
SHG:600664
|
$1.32 Billion |
|
Suburban Propane Partners LP
NYSE:SPH
|
$1.32 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Leon's Furniture Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,141,150,000 to 1,256,133,000, a change of 114,983,000 (10.1%).
- Net income of 157,048,000 contributed positively to equity growth.
- Dividend payments of 57,307,000 reduced retained earnings.
- Share repurchases of 935,000 reduced equity.
- Other comprehensive income increased equity by 6,203,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$157.05 Million | +12.5% |
| Dividends Paid | CA$57.31 Million | -4.56% |
| Share Repurchases | CA$935.00K | -0.07% |
| Other Comprehensive Income | CA$6.20 Million | +0.49% |
| Other Changes | CA$9.97 Million | +0.79% |
| Total Change | CA$- | 10.08% |
Book Value vs Market Value Analysis
This analysis compares Leon's Furniture 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: 1.45x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 14.32x to 1.45x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | CA$1.85 | CA$26.50 | x |
| 1998-12-31 | CA$1.97 | CA$26.50 | x |
| 1999-12-31 | CA$2.13 | CA$26.50 | x |
| 2000-12-31 | CA$2.46 | CA$26.50 | x |
| 2001-12-31 | CA$2.69 | CA$26.50 | x |
| 2002-12-31 | CA$2.86 | CA$26.50 | x |
| 2003-12-31 | CA$2.97 | CA$26.50 | x |
| 2004-12-31 | CA$3.27 | CA$26.50 | x |
| 2005-12-31 | CA$3.48 | CA$26.50 | x |
| 2006-12-31 | CA$3.90 | CA$26.50 | x |
| 2007-12-31 | CA$4.39 | CA$26.50 | x |
| 2008-12-31 | CA$4.85 | CA$26.50 | x |
| 2009-12-31 | CA$5.12 | CA$26.50 | x |
| 2010-12-31 | CA$5.61 | CA$26.50 | x |
| 2011-12-31 | CA$5.88 | CA$26.50 | x |
| 2012-12-31 | CA$6.25 | CA$26.50 | x |
| 2013-12-31 | CA$6.22 | CA$26.50 | x |
| 2014-12-31 | CA$6.68 | CA$26.50 | x |
| 2015-12-31 | CA$7.29 | CA$26.50 | x |
| 2016-12-31 | CA$7.94 | CA$26.50 | x |
| 2017-12-31 | CA$9.32 | CA$26.50 | x |
| 2018-12-31 | CA$10.34 | CA$26.50 | x |
| 2019-12-31 | CA$10.94 | CA$26.50 | x |
| 2020-12-31 | CA$12.37 | CA$26.50 | x |
| 2021-12-31 | CA$10.01 | CA$26.50 | x |
| 2022-12-31 | CA$13.63 | CA$26.50 | x |
| 2023-12-31 | CA$14.98 | CA$26.50 | x |
| 2024-12-31 | CA$16.62 | CA$26.50 | x |
| 2025-12-31 | CA$18.28 | CA$26.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Leon's Furniture 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): 12.50%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.10%
- • Asset Turnover: 1.04x
- • Equity Multiplier: 1.97x
- Recent ROE (12.50%) is below the historical average (15.70%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 14.18% | 6.84% | 1.45x | 1.43x | CA$6.37 Million |
| 1998 | 16.11% | 7.84% | 1.37x | 1.50x | CA$10.01 Million |
| 1999 | 20.30% | 9.76% | 1.38x | 1.51x | CA$18.37 Million |
| 2000 | 18.14% | 9.12% | 1.43x | 1.39x | CA$16.47 Million |
| 2001 | 16.65% | 8.53% | 1.44x | 1.36x | CA$14.51 Million |
| 2002 | 16.56% | 8.57% | 1.40x | 1.38x | CA$15.26 Million |
| 2003 | 16.35% | 8.51% | 1.36x | 1.41x | CA$15.09 Million |
| 2004 | 18.45% | 9.14% | 1.37x | 1.47x | CA$21.12 Million |
| 2005 | 18.80% | 8.94% | 1.44x | 1.47x | CA$22.92 Million |
| 2006 | 18.64% | 9.07% | 1.35x | 1.53x | CA$24.84 Million |
| 2007 | 18.17% | 9.18% | 1.34x | 1.48x | CA$26.29 Million |
| 2008 | 17.94% | 8.56% | 1.44x | 1.45x | CA$28.05 Million |
| 2009 | 15.16% | 8.09% | 1.33x | 1.41x | CA$19.35 Million |
| 2010 | 15.42% | 9.04% | 1.23x | 1.38x | CA$22.26 Million |
| 2011 | 13.32% | 8.30% | 1.15x | 1.40x | CA$14.12 Million |
| 2012 | 10.35% | 6.86% | 1.16x | 1.30x | CA$1.56 Million |
| 2013 | 13.53% | 3.96% | 1.01x | 3.39x | CA$17.53 Million |
| 2014 | 13.75% | 3.83% | 1.26x | 2.85x | CA$20.61 Million |
| 2015 | 12.76% | 3.77% | 1.28x | 2.64x | CA$16.59 Million |
| 2016 | 12.67% | 3.90% | 1.33x | 2.44x | CA$17.64 Million |
| 2017 | 12.50% | 4.37% | 1.33x | 2.15x | CA$19.29 Million |
| 2018 | 12.95% | 4.95% | 1.30x | 2.01x | CA$25.29 Million |
| 2019 | 11.68% | 4.68% | 1.07x | 2.33x | CA$15.35 Million |
| 2020 | 16.07% | 7.35% | 0.92x | 2.38x | CA$61.65 Million |
| 2021 | 26.18% | 8.24% | 1.02x | 3.10x | CA$128.04 Million |
| 2022 | 19.32% | 7.13% | 1.15x | 2.36x | CA$86.54 Million |
| 2023 | 13.50% | 5.66% | 1.10x | 2.16x | CA$36.00 Million |
| 2024 | 13.47% | 6.15% | 1.07x | 2.05x | CA$39.55 Million |
| 2025 | 12.50% | 6.10% | 1.04x | 1.97x | CA$31.43 Million |
Industry Comparison
This section compares Leon's Furniture Limited's net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $1,054,073,716
- Average return on equity (ROE) among peers: 76.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Leon's Furniture Limited (LNF) | CA$1.26 Billion | 14.18% | 0.97x | $1.32 Billion |
| Alimentation Couchen Tard Inc A (ATD) | $3.98 Billion | 20.38% | 1.65x | $54.30 Billion |
| Advent Wireless Inc (AWI) | $17.51 Million | 4.73% | 0.15x | $6.91 Million |
| Canadian Tire Corporation Limited (CTC) | $3.11 Billion | 13.44% | 1.18x | $542.33 Million |
| Canadian Tire Corporation Limited (CTC-A) | $1.30 Billion | 0.00% | 1.00x | $6.84 Billion |
| BMTC Group Inc (GBT) | $111.80 Million | 18.92% | 0.56x | $290.90 Million |
| Kits Eyecare Ltd (KITS) | $971.00K | 551.60% | 5.29x | $331.31 Million |
| Pet Valu Holdings Ltd (PET) | $-94.52 Million | 0.00% | 0.00x | $1.05 Billion |
| Rocky Mountain Liquor Inc (RUM) | $8.95 Million | 5.17% | 1.55x | $2.94 Million |
About Leon's Furniture Limited
Leon's Furniture Limited, together with its subsidiaries, operates as a retailer of home furnishings, mattresses, appliances, and electronics in Canada. The company provides repair services for household furniture, electronics, and mechanical; warranties; and credit insurance products, including life, dismemberment, disability, critical illness, and involuntary unemployment. The company is also i… Read more