Labrador Gold Corp Tangible Net Worth Ratio
Labrador Gold Corp tangible net worth ratio. Labrador Gold Corp (LAB) has a Tangible Net Worth Ratio of 100.0% as of June 2025. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$24.53 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. Check Labrador Gold Corp (LAB) strategic asset index to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Labrador Gold Corp (2016–2024)
Tangible net worth ratio of Labrador Gold Corp from 2016 to 2024. This chart shows how Labrador Gold Corp's Tangible Net Worth Ratio has changed across 9 annual periods from 2016 to 2024. As of June 2025, the ratio stands at 100.0%, reflecting net assets of CA$24.53 Million with intangible assets of CA$0.00 CAD. See LAB working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Labrador Gold Corp Tangible Net Worth Ratio by Year (2016–2024)
Labrador Gold Corp tangible net worth ratio by year from 2016 to 2024. The table below presents the year-by-year Tangible Net Worth Ratio for Labrador Gold Corp from 2016 to 2024, covering 9 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. For live market cap and overall valuation, see how much is Labrador Gold Corp worth.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | CA$31.31 Million | CA$0.00 | CA$31.45 Million | ▲ +0.0 pp |
| 2023 | 100.0% | CA$48.64 Million | CA$0.00 | CA$50.45 Million | ▲ +0.0 pp |
| 2022 | 100.0% | CA$48.93 Million | CA$0.00 | CA$50.84 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$44.78 Million | CA$0.00 | CA$46.40 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$13.57 Million | CA$0.00 | CA$13.81 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$6.62 Million | CA$0.00 | CA$6.82 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$6.10 Million | CA$0.00 | CA$6.39 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$1.04 Million | CA$0.00 | CA$1.07 Million | ▲ +0.0 pp |
| 2016 | 100.0% | CA$503.53K | CA$0.00 | CA$553.23K | — |