Labrador Technologies Inc
Labrador Resources Inc. focuses on oil and gas properties located in Alberta. The company was formerly known as Labrador Technologies Inc. and changed its name to Labrador Resources Inc. in February 2023. Labrador Resources Inc. was founded in 1981 and is based in Calgary, Canada.
Labrador Technologies Inc (LTX) - Total Assets
Latest total assets as of July 2025: CA$941.87K CAD
Based on the latest financial reports, Labrador Technologies Inc (LTX) holds total assets worth CA$941.87K CAD as of July 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 Technologies Inc - Total Assets Trend (2013–2024)
This chart illustrates how Labrador Technologies Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Labrador Technologies Inc - Asset Composition Analysis
Current Asset Composition (October 2024)
Labrador Technologies Inc's total assets of CA$941.87K consist of 7.8% current assets and 92.2% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 7.8% |
| Accounts Receivable | CA$0.00 | 0.0% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2013–2024)
This chart illustrates how Labrador Technologies Inc'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 Technologies Inc's current assets represent 7.8% of total assets in 2024, a decrease from 54.1% in 2013.
- Cash Position: Cash and equivalents constituted 7.8% of total assets in 2024, down from 38.1% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 1.0% in 2013.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Labrador Technologies Inc Competitors by Total Assets
Key competitors of Labrador Technologies Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bounty Oil & Gas NL
PINK:BYOGF
|
USA | $8.51 Million |
|
Shanxi Blue Flame Holding Co Ltd
SHE:000968
|
China | CN¥11.13 Billion |
|
Oriental Energy Co Ltd
SHE:002221
|
China | CN¥40.74 Billion |
|
P/F Atlantic Petroleum
CO:ATLA-DKK
|
Denmark | Dkr7.35 Million |
|
East West Minerals Ltd.
F:37A0
|
Germany | €4.02 Million |
|
Hibiscus Petroleum BHD
KLSE:5199
|
Malaysia | RM7.43 Billion |
|
Reach Energy Bhd
KLSE:5256
|
Malaysia | RM861.30 Million |
|
Geo-Jade Petroleum Corp
SHG:600759
|
China | CN¥12.56 Billion |
Labrador Technologies Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Labrador Technologies Inc generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Labrador Technologies Inc is currently not profitable relative to its asset base.
Labrador Technologies Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.01 | 8.75 | 0.05 |
| Quick Ratio | 0.01 | 8.75 | 0.05 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-956.57K | CA$ 84.32K | CA$ -402.33K |
Labrador Technologies Inc - Advanced Valuation Insights
This section examines the relationship between Labrador Technologies Inc'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 | 11.66 |
| Latest Market Cap to Assets Ratio | 0.76 |
| Asset Growth Rate (YoY) | -12.6% |
| Total Assets | CA$1.02 Million |
| Market Capitalization | $773.02K USD |
Valuation Analysis
Below Book Valuation: The market values Labrador Technologies Inc's assets below their book value (0.76 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Labrador Technologies Inc's assets decreased by 12.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Labrador Technologies Inc (2013–2024)
The table below shows the annual total assets of Labrador Technologies Inc from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-10-31 | CA$1.02 Million | -12.61% |
| 2023-10-31 | CA$1.17 Million | +4380.35% |
| 2022-10-31 | CA$26.05K | +17152.32% |
| 2021-10-31 | CA$151.00 | -99.33% |
| 2020-10-31 | CA$22.54K | +161.17% |
| 2019-10-31 | CA$8.63K | -87.26% |
| 2018-10-31 | CA$67.73K | +179.44% |
| 2017-10-31 | CA$24.24K | -7.65% |
| 2016-10-31 | CA$26.24K | -38.18% |
| 2015-10-31 | CA$42.45K | +170.08% |
| 2014-10-31 | CA$15.72K | -34.55% |
| 2013-10-31 | CA$24.02K | -- |