Labrador Iron Ore Royalty Corp (LIF) — Working Capital to Net Assets Ratio
Labrador Iron Ore Royalty Corp (LIF) has a Working Capital to Net Assets ratio of 4.2% as of September 2025. Working capital of CA$27.12 Million (current assets of CA$61.65 Million minus current liabilities of CA$34.53 Million) is measured against net assets of CA$644.81 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how many days can Labrador Iron Ore Royalty Corp fund operations to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Labrador Iron Ore Royalty Corp Working Capital to Net Assets (1998–2024)
This chart shows how Labrador Iron Ore Royalty Corp's Working Capital to Net Assets ratio has evolved across 27 annual periods from 1998 to 2024. As of September 2025, the ratio stands at 4.2%, reflecting working capital of CA$27.12 Million against net assets of CA$644.81 Million CAD. For the complete balance sheet picture, see Labrador Iron Ore Royalty Corp asset portfolio.
Annual Working Capital to Net Assets for Labrador Iron Ore Royalty Corp (1998–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Labrador Iron Ore Royalty Corp from 1998 to 2024, covering 27 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Explore Labrador Iron Ore Royalty Corp (LIF) investment intensity to see how much of total assets are deployed in long-term investments.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 5.3% | CA$34.14 Million | CA$642.93 Million | CA$95.14 Million | CA$61.01 Million | ▲ +1.2 pp |
| 2023 | 4.1% | CA$27.19 Million | CA$659.33 Million | CA$67.53 Million | CA$40.34 Million | ▼ -0.4 pp |
| 2022 | 4.5% | CA$28.93 Million | CA$637.46 Million | CA$83.02 Million | CA$54.09 Million | ▼ -0.7 pp |
| 2021 | 5.2% | CA$29.58 Million | CA$564.06 Million | CA$132.59 Million | CA$103.01 Million | ▼ -0.2 pp |
| 2020 | 5.5% | CA$31.00 Million | CA$566.37 Million | CA$164.43 Million | CA$133.42 Million | ▲ +0.2 pp |
| 2019 | 5.2% | CA$28.17 Million | CA$537.34 Million | CA$114.02 Million | CA$85.85 Million | ▼ -7.6 pp |
| 2018 | 12.9% | CA$76.06 Million | CA$590.85 Million | CA$127.04 Million | CA$50.98 Million | ▲ +7.1 pp |
| 2017 | 5.8% | CA$33.09 Million | CA$573.59 Million | CA$82.59 Million | CA$49.50 Million | ▼ -0.9 pp |
| 2016 | 6.7% | CA$38.84 Million | CA$583.85 Million | CA$62.91 Million | CA$24.07 Million | ▲ +2.3 pp |
| 2015 | 4.4% | CA$24.80 Million | CA$568.97 Million | CA$45.21 Million | CA$20.41 Million | ▼ -1.3 pp |
| 2014 | 5.6% | CA$32.58 Million | CA$577.72 Million | CA$60.29 Million | CA$27.71 Million | ▲ +1.4 pp |
| 2013 | 4.2% | CA$24.61 Million | CA$583.33 Million | CA$88.43 Million | CA$63.83 Million | ▼ -1.2 pp |
| 2012 | 5.4% | CA$29.19 Million | CA$542.59 Million | CA$59.36 Million | CA$30.17 Million | ▼ -12.9 pp |
| 2011 | 18.3% | CA$50.14 Million | CA$273.72 Million | CA$82.56 Million | CA$32.42 Million | ▲ +3.1 pp |
| 2010 | 15.3% | CA$36.03 Million | CA$236.08 Million | CA$125.03 Million | CA$89.00 Million | ▲ +13.0 pp |
| 2009 | 2.3% | CA$9.45 Million | CA$413.15 Million | CA$31.19 Million | CA$21.74 Million | ▼ -1.5 pp |
| 2008 | 3.8% | CA$15.15 Million | CA$402.08 Million | CA$64.27 Million | CA$49.13 Million | ▲ +4.5 pp |
| 2007 | -0.7% | CA$-2.76 Million | CA$380.76 Million | CA$20.38 Million | CA$23.14 Million | ▼ -1.8 pp |
| 2006 | 1.1% | CA$3.94 Million | CA$362.24 Million | CA$29.14 Million | CA$25.20 Million | ▲ +2.9 pp |
| 2005 | -1.9% | CA$-6.26 Million | CA$336.62 Million | CA$49.22 Million | CA$55.48 Million | ▼ -1.5 pp |
| 2004 | -0.4% | CA$-1.22 Million | CA$319.37 Million | CA$9.19 Million | CA$10.41 Million | ▼ -0.4 pp |
| 2003 | 0.0% | CA$89.68K | CA$295.96 Million | CA$12.87 Million | CA$12.78 Million | ▼ -0.4 pp |
| 2002 | 0.4% | CA$1.15 Million | CA$270.67 Million | CA$14.08 Million | CA$12.93 Million | ▲ +1.6 pp |
| 2001 | -1.2% | CA$-3.54 Million | CA$290.69 Million | CA$11.64 Million | CA$15.18 Million | ▼ -0.8 pp |
| 2000 | -0.4% | CA$-1.29 Million | CA$302.54 Million | CA$15.15 Million | CA$16.44 Million | ▼ -0.6 pp |
| 1999 | 0.2% | CA$430.48K | CA$281.43 Million | CA$14.83 Million | CA$14.40 Million | ▼ -2.6 pp |
| 1998 | 2.8% | CA$7.82 Million | CA$283.41 Million | CA$27.01 Million | CA$19.18 Million | — |