Labrador Iron Ore Royalty Corporation
Labrador Iron Ore Royalty Corporation, through its subsidiary, Hollinger-Hanna Limited, holds a 15.10% equity interest in Iron Ore Company of Canada that produces and processes iron ores in Canada. The company offers standard and low silica acid, low silica flux, and direct reduction pellets; iron ore concentrates; and seaborne iron ore pellets. It also operates an iron mine, concentrator, and pe… Read more
Labrador Iron Ore Royalty Corporation (LIFZF) - Total Assets
Latest total assets as of September 2025: $813.43 Million USD
Based on the latest financial reports, Labrador Iron Ore Royalty Corporation (LIFZF) holds total assets worth $813.43 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 Iron Ore Royalty Corporation - Total Assets Trend (1998–2024)
This chart illustrates how Labrador Iron Ore Royalty Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Labrador Iron Ore Royalty Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
Labrador Iron Ore Royalty Corporation's total assets of $813.43 Million consist of 11.4% current assets and 88.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.1% |
| Accounts Receivable | $52.84 Million | 6.3% |
| 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 (1998–2024)
This chart illustrates how Labrador Iron Ore Royalty Corporation'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 Iron Ore Royalty Corporation's current assets represent 11.4% of total assets in 2024, an increase from 8.9% in 1998.
- Cash Position: Cash and equivalents constituted 5.1% of total assets in 2024, up from 4.5% in 1998.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1998.
- Asset Diversification: The largest asset category is accounts receivable at 6.3% of total assets.
Labrador Iron Ore Royalty Corporation Competitors by Total Assets
Key competitors of Labrador Iron Ore Royalty Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
365330
KQ:365330
|
Korea | ₩83.64 Billion |
|
CITIC Pacific Special Steel Group Co Ltd
SHE:000708
|
China | CN¥110.74 Billion |
|
HBIS Co Ltd
SHE:000709
|
China | CN¥271.74 Billion |
|
Sgis Songshan Co Ltd
SHE:000717
|
China | CN¥20.01 Billion |
|
Bengang Steel Plates Co Ltd
SHE:000761
|
China | CN¥46.73 Billion |
|
Xinxing Ductile Iron Pipes Co Ltd
SHE:000778
|
China | CN¥53.95 Billion |
|
Shanxi Taigang Stainless Steel Co Ltd
SHE:000825
|
China | CN¥66.23 Billion |
|
Jiangsu Fasten Co Ltd
SHE:000890
|
China | CN¥985.65 Million |
Labrador Iron Ore Royalty Corporation - 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 Iron Ore Royalty Corporation generates 0.25x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Labrador Iron Ore Royalty Corporation generates $ 20.93 in net profit.
Labrador Iron Ore Royalty Corporation - 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 | 1.79 | 1.54 | 1.23 |
| Quick Ratio | 1.79 | 1.54 | 1.23 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $27.16 Million | $ 29.00 Million | $ 31.00 Million |
Labrador Iron Ore Royalty Corporation - Advanced Valuation Insights
This section examines the relationship between Labrador Iron Ore Royalty Corporation'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 | 3.04 |
| Latest Market Cap to Assets Ratio | 1.44 |
| Asset Growth Rate (YoY) | -0.1% |
| Total Assets | $836.13 Million |
| Market Capitalization | $1.21 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Labrador Iron Ore Royalty Corporation's assets above their book value (1.44 x), reflecting positive investor sentiment about the company's future prospects.
Slight Asset Contraction: Labrador Iron Ore Royalty Corporation's assets decreased by 0.1% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Labrador Iron Ore Royalty Corporation (1998–2024)
The table below shows the annual total assets of Labrador Iron Ore Royalty Corporation from 1998 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $836.13 Million | -0.11% |
| 2023-12-31 | $837.04 Million | +1.37% |
| 2022-12-31 | $825.76 Million | +4.62% |
| 2021-12-31 | $789.31 Million | -4.12% |
| 2020-12-31 | $823.22 Million | +10.79% |
| 2019-12-31 | $743.03 Million | -2.69% |
| 2018-12-31 | $763.59 Million | +1.77% |
| 2017-12-31 | $750.31 Million | +1.81% |
| 2016-12-31 | $736.98 Million | +3.21% |
| 2015-12-31 | $714.06 Million | -2.32% |
| 2014-12-31 | $730.99 Million | -5.76% |
| 2013-12-31 | $775.63 Million | +11.70% |
| 2012-12-31 | $694.40 Million | +3.80% |
| 2011-12-31 | $668.97 Million | -1.74% |
| 2010-12-31 | $680.79 Million | +26.09% |
| 2009-12-31 | $539.94 Million | -2.59% |
| 2008-12-31 | $554.31 Million | +8.96% |
| 2007-12-31 | $508.74 Million | -0.27% |
| 2006-12-31 | $510.11 Million | -1.48% |
| 2005-12-31 | $517.77 Million | +11.48% |
| 2004-12-31 | $464.47 Million | -2.81% |
| 2003-12-31 | $477.92 Million | -0.44% |
| 2002-12-31 | $480.05 Million | -4.72% |
| 2001-12-31 | $503.82 Million | +0.37% |
| 2000-12-31 | $501.94 Million | +54.28% |
| 1999-12-31 | $325.35 Million | +7.52% |
| 1998-12-31 | $302.60 Million | -- |