Labrador Gold Corp
Labrador Gold Corp. engages in the acquisition and exploration of gold properties in the Americas. It explores for gold, copper, and silver deposits. The company owns 100% interest in the Borden Lake property located in Chapleau, Ontario; and the Scotch property located in Moncton, New Brunswick. In addition, it holds 100% interest in the Kingsway property located near Gander, Newfoundland; and t… Read more
Labrador Gold Corp (NKOSF) - Total Assets
Latest total assets as of September 2025: $24.12 Million USD
Based on the latest financial reports, Labrador Gold Corp (NKOSF) holds total assets worth $24.12 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Labrador Gold Corp - Total Assets Trend (2014–2025)
This chart illustrates how Labrador Gold Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Labrador Gold Corp - Asset Composition Analysis
Current Asset Composition (September 2025)
Labrador Gold Corp's total assets of $24.12 Million consist of 70.4% current assets and 29.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 69.5% |
| Accounts Receivable | $162.57K | 0.7% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2014–2025)
This chart illustrates how Labrador Gold Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Labrador Gold Corp's current assets represent 70.4% of total assets in 2025, an increase from 45.6% in 2014.
- Cash Position: Cash and equivalents constituted 69.5% of total assets in 2025, up from 45.4% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2014.
- Asset Diversification: The largest asset category is accounts receivable at 0.7% of total assets.
Labrador Gold Corp Competitors by Total Assets
Key competitors of Labrador Gold Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gold Royalty Corp.
NYSE MKT:GROY
|
USA | $740.52 Million |
|
Besra Gold Inc.
PINK:BESAF
|
USA | $41.56 Million |
|
Gold Fields Limited
PINK:GFIOF
|
USA | $10.14 Billion |
|
Guskin Gold Corp
PINK:GKIN
|
USA | $168.97K |
|
Kapa Gold Inc.
V:KAPA
|
Canada | CA$3.56 Million |
|
Mining Global Inc
PINK:MNGG
|
USA | $13.14K |
|
Matmown Inc
PINK:MTMW
|
USA | $1.29 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
Labrador Gold Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Labrador Gold Corp generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Labrador Gold Corp is currently not profitable relative to its asset base.
Labrador Gold Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 60.33 | 173.96 | 29.27 |
| Quick Ratio | 60.33 | 173.96 | 29.27 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $16.69 Million | $ 24.24 Million | $ 11.27 Million |
Labrador Gold Corp - Advanced Valuation Insights
This section examines the relationship between Labrador Gold Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.69 |
| Latest Market Cap to Assets Ratio | 0.39 |
| Asset Growth Rate (YoY) | -23.3% |
| Total Assets | $24.12 Million |
| Market Capitalization | $9.40 Million USD |
Valuation Analysis
Below Book Valuation: The market values Labrador Gold Corp's assets below their book value (0.39 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Labrador Gold Corp's assets decreased by 23.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Labrador Gold Corp (2014–2025)
The table below shows the annual total assets of Labrador Gold Corp from 2014 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-09-30 | $24.12 Million | -23.29% |
| 2024-09-30 | $31.45 Million | -37.68% |
| 2023-09-30 | $50.45 Million | -0.77% |
| 2022-09-30 | $50.84 Million | +9.59% |
| 2021-09-30 | $46.40 Million | +235.95% |
| 2020-09-30 | $13.81 Million | +102.48% |
| 2019-09-30 | $6.82 Million | +6.73% |
| 2018-09-30 | $6.39 Million | +498.26% |
| 2017-09-30 | $1.07 Million | +93.08% |
| 2016-09-30 | $553.23K | +84.82% |
| 2015-09-30 | $299.33K | +0.04% |
| 2014-09-30 | $299.21K | -- |