Labrador Iron Ore Royalty Corp (LIF) — Tangible Net Worth Ratio
Labrador Iron Ore Royalty Corp (LIF) has a Tangible Net Worth Ratio of 67.2% as of September 2025. This metric is calculated by deducting intangible assets (CA$211.80 Million) from net assets (CA$644.81 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore Labrador Iron Ore Royalty Corp annual equity growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Labrador Iron Ore Royalty Corp Tangible Net Worth Ratio (1998–2024)
This chart shows how Labrador Iron Ore Royalty Corp's Tangible Net Worth Ratio has changed across 27 annual periods from 1998 to 2024. As of September 2025, the ratio stands at 67.2%, reflecting net assets of CA$644.81 Million with intangible assets of CA$211.80 Million CAD. For live market cap and overall valuation, see Labrador Iron Ore Royalty Corp stock valuation.
Annual Tangible Net Worth Ratio for Labrador Iron Ore Royalty Corp (1998–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Labrador Iron Ore Royalty Corp from 1998 to 2024, covering 27 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. See Labrador Iron Ore Royalty Corp free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 66.3% | CA$642.93 Million | CA$216.64 Million | CA$836.13 Million | ▲ +0.1 pp |
| 2023 | 66.2% | CA$659.33 Million | CA$222.90 Million | CA$837.04 Million | ▲ +2.1 pp |
| 2022 | 64.1% | CA$637.46 Million | CA$228.92 Million | CA$825.76 Million | ▲ +5.8 pp |
| 2021 | 58.3% | CA$564.06 Million | CA$235.34 Million | CA$789.31 Million | ▲ +0.9 pp |
| 2020 | 57.4% | CA$566.37 Million | CA$241.51 Million | CA$823.22 Million | ▲ +3.5 pp |
| 2019 | 53.9% | CA$537.34 Million | CA$247.70 Million | CA$743.03 Million | ▼ -3.1 pp |
| 2018 | 57.0% | CA$590.85 Million | CA$253.85 Million | CA$763.59 Million | ▲ +2.2 pp |
| 2017 | 54.8% | CA$573.59 Million | CA$259.03 Million | CA$750.31 Million | ▲ +0.3 pp |
| 2016 | 54.5% | CA$583.85 Million | CA$265.38 Million | CA$736.98 Million | ▲ +2.1 pp |
| 2015 | 52.5% | CA$568.97 Million | CA$270.52 Million | CA$714.06 Million | ▲ +0.1 pp |
| 2014 | 52.3% | CA$577.72 Million | CA$275.43 Million | CA$730.99 Million | ▲ +0.3 pp |
| 2013 | 52.1% | CA$583.33 Million | CA$279.58 Million | CA$775.63 Million | ▲ +4.3 pp |
| 2012 | 47.8% | CA$542.59 Million | CA$283.26 Million | CA$694.40 Million | ▼ -52.2 pp |
| 2011 | 100.0% | CA$273.72 Million | CA$0.00 | CA$668.97 Million | ▲ +0.0 pp |
| 2010 | 100.0% | CA$236.08 Million | CA$0.00 | CA$680.79 Million | ▲ +0.0 pp |
| 2009 | 100.0% | CA$413.15 Million | CA$0.00 | CA$539.94 Million | ▲ +0.0 pp |
| 2008 | 100.0% | CA$402.08 Million | CA$0.00 | CA$554.31 Million | ▲ +0.0 pp |
| 2007 | 100.0% | CA$380.76 Million | CA$0.00 | CA$508.74 Million | ▲ +0.0 pp |
| 2006 | 100.0% | CA$362.24 Million | CA$0.00 | CA$510.11 Million | ▲ +0.0 pp |
| 2005 | 100.0% | CA$336.62 Million | CA$0.00 | CA$517.77 Million | ▲ +0.0 pp |
| 2004 | 100.0% | CA$319.37 Million | CA$0.00 | CA$464.47 Million | ▲ +0.0 pp |
| 2003 | 100.0% | CA$295.96 Million | CA$0.00 | CA$477.92 Million | ▲ +0.0 pp |
| 2002 | 100.0% | CA$270.67 Million | CA$0.00 | CA$480.05 Million | ▲ +0.0 pp |
| 2001 | 100.0% | CA$290.69 Million | CA$0.00 | CA$503.82 Million | ▲ +0.0 pp |
| 2000 | 100.0% | CA$302.54 Million | CA$0.00 | CA$501.94 Million | ▲ +0.0 pp |
| 1999 | 100.0% | CA$281.43 Million | CA$0.00 | CA$325.35 Million | ▲ +0.0 pp |
| 1998 | 100.0% | CA$283.41 Million | CA$0.00 | CA$302.60 Million | — |