Labrador Technologies Inc
Labrador Resources Inc. focuses on oil and gas properties located in Alberta. The company was formerly known as Labrador Technologies Inc. and changed its name to Labrador Resources Inc. in February 2023. Labrador Resources Inc. was founded in 1981 and is based in Calgary, Canada.
Labrador Technologies Inc (LTX) - Net Assets
Latest net assets as of July 2025: CA$-229.31K CAD
Based on the latest financial reports, Labrador Technologies Inc (LTX) has net assets worth CA$-229.31K CAD as of July 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$941.87K) and total liabilities (CA$1.17 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-229.31K |
| % of Total Assets | -24.35% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Labrador Technologies Inc - Net Assets Trend (2013–2024)
This chart illustrates how Labrador Technologies Inc'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 Technologies Inc (2013–2024)
The table below shows the annual net assets of Labrador Technologies Inc from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-10-31 | CA$-48.37K | -154.24% |
| 2023-10-31 | CA$89.19K | +120.12% |
| 2022-10-31 | CA$-443.37K | -25.70% |
| 2021-10-31 | CA$-352.73K | +12.33% |
| 2020-10-31 | CA$-402.33K | +14.20% |
| 2019-10-31 | CA$-468.90K | +50.76% |
| 2018-10-31 | CA$-952.22K | +53.01% |
| 2017-10-31 | CA$-2.03 Million | +34.30% |
| 2016-10-31 | CA$-3.08 Million | -25.55% |
| 2015-10-31 | CA$-2.46 Million | -37.41% |
| 2014-10-31 | CA$-1.79 Million | -27.49% |
| 2013-10-31 | CA$-1.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Labrador Technologies Inc'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 300786400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$16.34 Million | % |
| Total Equity | CA$-48.37K | 100.00% |
Labrador Technologies Inc Competitors by Market Cap
The table below lists competitors of Labrador Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
O REILLY AUTO - Dusseldorf Stock Exchang
DU:OM6
|
$773.08K |
|
CORP. FIN. ALBA - Dusseldorf Stock Exchang
DU:CSV
|
$774.16K |
|
Mega Sun City Holdings Bhd
KLSE:0081
|
$774.65K |
|
Psyence Biomedical Ltd. Common Shares
NASDAQ:PBM
|
$774.85K |
|
VISTEON
MU:VS51
|
$772.12K |
|
Procyon Corporation
PINK:PCYN
|
$771.70K |
|
AETHER CATALYST SOLUT.
F:2QZ
|
$771.49K |
|
IDENTILLECT TECHN. O.N.
F:8ID
|
$771.17K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Labrador Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 89,185 to -48,372, a change of -137,557 (-154.2%).
- Net loss of 141,052 reduced equity.
- Other factors increased equity by 3,495.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-141.05K | -291.6% |
| Other Changes | CA$3.50K | +7.23% |
| Total Change | CA$- | -154.24% |
Book Value vs Market Value Analysis
This analysis compares Labrador Technologies Inc'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-10-31 | CA$-0.28 | CA$0.18 | x |
| 2018-10-31 | CA$-0.11 | CA$0.18 | x |
| 2019-10-31 | CA$-0.05 | CA$0.18 | x |
| 2020-10-31 | CA$-0.05 | CA$0.18 | x |
| 2021-10-31 | CA$-0.03 | CA$0.18 | x |
| 2022-10-31 | CA$-0.03 | CA$0.18 | x |
| 2023-10-31 | CA$0.00 | CA$0.18 | x |
| 2024-10-31 | CA$0.00 | CA$0.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Labrador Technologies Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-12.98%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.00% | -1711.26% | 1.49x | 0.00x | CA$-470.43K |
| 2014 | 0.00% | -1155.89% | 2.12x | 0.00x | CA$-206.77K |
| 2015 | 0.00% | -2398.14% | 0.66x | 0.00x | CA$-423.21K |
| 2016 | 0.00% | -2653.20% | 0.90x | 0.00x | CA$-319.25K |
| 2017 | 0.00% | -899.70% | 0.64x | 0.00x | CA$62.29K |
| 2018 | 0.00% | -8635.02% | 0.20x | 0.00x | CA$-1.05 Million |
| 2019 | 0.00% | 36689.66% | 0.14x | 0.00x | CA$483.50K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | CA$67.36K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-72.51K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-76.30K |
| 2023 | -155.80% | 0.00% | 0.00x | 13.09x | CA$-147.87K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-136.21K |
Industry Comparison
This section compares Labrador Technologies Inc's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $138,025,772
- Average return on equity (ROE) among peers: -9.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Labrador Technologies Inc (LTX) | CA$-229.31K | 0.00% | N/A | $773.02K |
| Advantage Oil & Gas Ltd. (AAV) | $1.21 Billion | -1.70% | 0.91x | $1.14 Billion |
| Alvopetro Energy (ALV) | $55.87 Million | -9.44% | 0.28x | $190.03 Million |
| Bison Gold Resources Inc (BGE) | $899.62K | -107.98% | 0.20x | $178.53K |
| Capitan Investment Ltd (CAI) | $8.61 Million | -19.92% | 0.13x | $283.50K |
| Canada Energy Partners Inc (CE-H) | $-617.75K | 0.00% | 0.00x | $99.62K |
| Benchmark Metals Inc (CEI) | $97.08 Million | -11.50% | 0.17x | $143.60 Million |
| Columbus Energy Limited (CEL-H) | $-587.57K | 0.00% | 0.00x | $456.61K |
| Criterium Energy Ltd. (CEQ) | $109.56K | 59.85% | 0.46x | $7.89 Million |
| Cavvy Energy Ltd. (CVVY) | $10.78 Million | -2.67% | 0.18x | $8.09K |
| District Mines Ltd (DIG-H) | $-397.45K | 0.00% | 0.00x | $1.17 Million |