Labrador Iron Ore Royalty Corp (LIF) - Total Assets
Based on the latest financial reports, Labrador Iron Ore Royalty Corp (LIF) holds total assets worth CA$812.28 Million CAD (≈ $587.59 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. Check total reinvestment intensity of Labrador Iron Ore Royalty Corp to assess the company's total reinvestment commitment from operating cash flow.
Labrador Iron Ore Royalty Corp - Total Assets Trend (1998–2024)
This chart illustrates how Labrador Iron Ore Royalty Corp's total assets have evolved over time, based on quarterly financial data. Explore Labrador Iron Ore Royalty Corp long-term investment allocation to see how much of total assets are deployed in long-term investments.
Labrador Iron Ore Royalty Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Labrador Iron Ore Royalty Corp's total assets of CA$812.28 Million consist of 11.4% current assets and 88.6% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 5.1% |
| Accounts Receivable | CA$52.84 Million | 6.3% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$216.64 Million | 25.9% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (1998–2024)
This chart illustrates how Labrador Iron Ore Royalty 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. For live market cap, price, and company overview, see LIF market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Labrador Iron Ore Royalty Corp'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 25.0% of total assets, an increase from 0.0% in 1998.
- Asset Diversification: The largest asset category is intangible assets at 25.9% of total assets.
Labrador Iron Ore Royalty Corp Competitors by Total Assets
Key competitors of Labrador Iron Ore Royalty Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hunan Valin Steel Co Ltd
SHE:000932
|
China | CN¥154.67 Billion |
|
VALLOUREC ADR 1/5/EO 2
F:VACE
|
Germany | €4.88 Billion |
|
HBIS Co Ltd
SHE:000709
|
China | CN¥271.74 Billion |
|
Hang Zhou Iron & Steel Co Ltd
SHG:600126
|
China | CN¥33.67 Billion |
|
Champion Iron Ltd
TO:CIA
|
Canada | CA$3.43 Billion |
|
Tianjin You Fa Steel Pipe Group Stock Co Ltd
SHG:601686
|
China | CN¥26.74 Billion |
|
Metalurgica Gerdau S.A
SA:GOAU3
|
Brazil | R$81.11 Billion |
|
Prakash Industries Limited
NSE:PRAKASH
|
India | Rs45.67 Billion |
Labrador Iron Ore Royalty 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 | 1.79 | 1.54 | 1.23 |
| Quick Ratio | 1.79 | 1.54 | 1.23 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$27.12 Million | CA$29.00 Million | CA$31.00 Million |
Labrador Iron Ore Royalty Corp - Advanced Valuation Insights
This section examines the relationship between Labrador Iron Ore Royalty 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 | 3.07 |
| Latest Market Cap to Assets Ratio | 1.63 |
| Asset Growth Rate (YoY) | -0.1% |
| Total Assets | CA$836.13 Million |
| Market Capitalization | $1.36 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Labrador Iron Ore Royalty Corp's assets above their book value (1.63x), reflecting positive investor sentiment about the company's future prospects.
Slight Asset Contraction: Labrador Iron Ore Royalty Corp'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 Corp (1998–2024)
The table below shows the annual total assets of Labrador Iron Ore Royalty Corp from 1998 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$836.13 Million ≈ $604.84 Million |
-0.11% |
| 2023-12-31 | CA$837.04 Million ≈ $605.50 Million |
+1.37% |
| 2022-12-31 | CA$825.76 Million ≈ $597.35 Million |
+4.62% |
| 2021-12-31 | CA$789.31 Million ≈ $570.98 Million |
-4.12% |
| 2020-12-31 | CA$823.22 Million ≈ $595.51 Million |
+10.79% |
| 2019-12-31 | CA$743.03 Million ≈ $537.49 Million |
-2.69% |
| 2018-12-31 | CA$763.59 Million ≈ $552.37 Million |
+1.77% |
| 2017-12-31 | CA$750.31 Million ≈ $542.76 Million |
+1.81% |
| 2016-12-31 | CA$736.98 Million ≈ $533.12 Million |
+3.21% |
| 2015-12-31 | CA$714.06 Million ≈ $516.54 Million |
-2.32% |
| 2014-12-31 | CA$730.99 Million ≈ $528.79 Million |
-5.76% |
| 2013-12-31 | CA$775.63 Million ≈ $561.08 Million |
+11.70% |
| 2012-12-31 | CA$694.40 Million ≈ $502.32 Million |
+3.80% |
| 2011-12-31 | CA$668.97 Million ≈ $483.92 Million |
-1.74% |
| 2010-12-31 | CA$680.79 Million ≈ $492.47 Million |
+26.09% |
| 2009-12-31 | CA$539.94 Million ≈ $390.58 Million |
-2.59% |
| 2008-12-31 | CA$554.31 Million ≈ $400.98 Million |
+8.96% |
| 2007-12-31 | CA$508.74 Million ≈ $368.01 Million |
-0.27% |
| 2006-12-31 | CA$510.11 Million ≈ $369.00 Million |
-1.48% |
| 2005-12-31 | CA$517.77 Million ≈ $374.55 Million |
+11.48% |
| 2004-12-31 | CA$464.47 Million ≈ $335.99 Million |
-2.81% |
| 2003-12-31 | CA$477.92 Million ≈ $345.72 Million |
-0.44% |
| 2002-12-31 | CA$480.05 Million ≈ $347.26 Million |
-4.72% |
| 2001-12-31 | CA$503.82 Million ≈ $364.46 Million |
+0.37% |
| 2000-12-31 | CA$501.94 Million ≈ $363.10 Million |
+54.28% |
| 1999-12-31 | CA$325.35 Million ≈ $235.36 Million |
+7.52% |
| 1998-12-31 | CA$302.60 Million ≈ $218.89 Million |
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About Labrador Iron Ore Royalty Corp
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