Labrador Technologies Inc (LTX) - Net Assets
Based on the latest financial reports, Labrador Technologies Inc (LTX) has net assets worth CA$-252.23K CAD (≈ $-182.46K USD) as of October 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$940.29K ≈ $680.19K USD) and total liabilities (CA$1.19 Million ≈ $862.65K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Read how much debt does Labrador Technologies Inc carry for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-252.23K |
| % of Total Assets | -26.83% |
| 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 (2013–2025)
This chart illustrates how Labrador Technologies Inc's net assets have evolved over time, based on quarterly financial data. Also explore LTX asset base for the complete picture of this company's asset base.
Annual Net Assets for Labrador Technologies Inc (2013–2025)
The table below shows the annual net assets of Labrador Technologies Inc from 2013 to 2025. For live valuation and market cap data, see LTX company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-10-31 | CA$-252.23K ≈ $-182.46K |
-421.44% |
| 2024-10-31 | CA$-48.37K ≈ $-34.99K |
-154.24% |
| 2023-10-31 | CA$89.19K ≈ $64.52K |
+120.12% |
| 2022-10-31 | CA$-443.37K ≈ $-320.73K |
-25.70% |
| 2021-10-31 | CA$-352.73K ≈ $-255.16K |
+12.33% |
| 2020-10-31 | CA$-402.33K ≈ $-291.04K |
+14.20% |
| 2019-10-31 | CA$-468.90K ≈ $-339.19K |
+50.76% |
| 2018-10-31 | CA$-952.22K ≈ $-688.82K |
+53.01% |
| 2017-10-31 | CA$-2.03 Million ≈ $-1.47 Million |
+34.30% |
| 2016-10-31 | CA$-3.08 Million ≈ $-2.23 Million |
-25.55% |
| 2015-10-31 | CA$-2.46 Million ≈ $-1.78 Million |
-37.41% |
| 2014-10-31 | CA$-1.79 Million ≈ $-1.29 Million |
-27.49% |
| 2013-10-31 | CA$-1.40 Million ≈ $-1.01 Million |
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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 321172400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$16.34 Million | % |
| Total Equity | CA$-252.23K | 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 |
|---|---|
|
Record PLC
LSE:REC
|
$1.34 Million |
|
ULTRA LITHIUM
F:QFB
|
$1.34 Million |
|
WEST ISLAND BRANDS INC.
F:39N0
|
$1.34 Million |
|
AWILCO DRILLING PLC(SNDR)
F:0AI1
|
$1.35 Million |
|
NamR SA
PA:ALNMR
|
$1.34 Million |
|
Modiin Energy-Limited Partnership
TA:MDIN-L
|
$1.34 Million |
|
Wheeler Real Estate Investment Trust Inc
NASDAQ:WHLR
|
$1.33 Million |
|
Personal Group Holdings PLC
LSE:PGH
|
$1.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Labrador Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -48,372 to -252,232, a change of -203,860.
- Net loss of 203,860 reduced equity.
- Other factors decreased equity by 0.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-203.86K | -80.82% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Labrador Technologies Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-10-31 | CA$-0.28 | CA$0.15 | x |
| 2018-10-31 | CA$-0.11 | CA$0.15 | x |
| 2019-10-31 | CA$-0.05 | CA$0.15 | x |
| 2020-10-31 | CA$-0.05 | CA$0.15 | x |
| 2021-10-31 | CA$-0.03 | CA$0.15 | x |
| 2022-10-31 | CA$-0.03 | CA$0.15 | x |
| 2023-10-31 | CA$0.01 | CA$0.15 | x |
| 2024-10-31 | CA$0.00 | CA$0.15 | x |
| 2025-10-31 | CA$-0.02 | CA$0.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Labrador Technologies Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-11.98%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.00% | -1711.26% | 1.49x | 0.00x | CA$-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$-136.21K |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-178.64K |
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: $642,696,496
- Average return on equity (ROE) among peers: -12.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Labrador Technologies Inc (LTX) | CA$-252.23K | 0.00% | N/A | $1.34 Million |
| Advantage Oil & Gas Ltd. (AAV) | $1.27 Billion | -1.67% | 1.21x | $1.22 Billion |
| Africa Energy Corp (AFE) | $189.46K | 0.00% | 0.21x | $71.06 Million |
| Alvopetro Energy (ALV) | $60.57 Million | -7.17% | 0.08x | $230.37 Million |
| Africa Oil Corp (AOI) | $929.85 Million | -5.66% | 0.06x | $820.85 Million |
| Altima Resources Ltd (ARH) | $18.57 Million | -6.97% | 0.60x | $19.37 Million |
| ARC Resources Ltd. (ARX) | $3.16 Billion | 9.08% | 0.68x | $13.26 Billion |
| Athabasca Oil Corp (ATH) | $965.95 Million | -58.97% | 0.89x | $4.13 Billion |
| Altai Resources Inc. (ATI) | $4.45 Million | -2.56% | 0.07x | $1.42 Million |
| Avanti Energy Inc (AVN) | $159.53K | -53.64% | 0.35x | $24.04 Million |
| Arrow Exploration Corp (AXL) | $10.89 Million | -0.55% | 0.12x | $84.78 Million |
About 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.