Labrador Net Receivables vs Retained Earnings Analysis

LIF Stock

CAD 29.83 0.02 0.07%

Labrador Iron financial indicator trend analysis is infinitely more than just investigating Labrador Iron Ore recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Labrador Iron Ore is a good investment. Please check the relationship between Labrador Iron Net Receivables and its Retained Earnings accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Labrador Iron Ore. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Receivables vs Retained Earnings

Net Receivables vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Labrador Iron Ore Net Receivables account and Retained Earnings. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Labrador Iron's Net Receivables and Retained Earnings is 0.55. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Labrador Iron Ore, assuming nothing else is changed. The correlation between historical values of Labrador Iron's Net Receivables and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Labrador Iron Ore are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Receivables i.e., Labrador Iron's Net Receivables and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.55

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Net Receivables

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from Labrador Iron's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Labrador Iron Ore current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Labrador Iron Ore. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Labrador Iron's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 4th of December 2024, Enterprise Value Over EBITDA is likely to grow to 24.40, while Selling General Administrative is likely to drop about 2.5 M.

	2021	2022	2023	2024 (projected)
Gross Profit	217.7M	179.8M	194.1M	108.9M
Total Revenue	279.5M	232.3M	200.2M	130.3M

Gross Profit Total Revenue

Labrador Iron fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Non Current Liabilities Total	Other Current Assets	Common Stock Total Equity	Common Stock	Property Plant And Equipment Net	Inventory	Property Plant And Equipment Gross	Intangible Assets	Other Liab
Total Assets		0.43	0.46	0.8	-0.28	0.86	0.78	0.42	0.96	-0.43	0.42	0.74	0.47	-0.9	0.49	0.57	0.88	0.25	-0.11	0.77	0.77	-0.45	0.68	0.38	-0.47	-0.05
Other Current Liab	0.43		0.99	0.23	-0.5	0.14	0.65	0.86	0.2	-0.44	0.86	0.63	-0.05	-0.24	0.36	0.89	0.19	-0.08	-0.35	0.27	0.27	-0.4	0.4	0.54	-0.36	-0.14
Total Current Liabilities	0.46	0.99		0.26	-0.51	0.17	0.69	0.87	0.23	-0.47	0.87	0.66	-0.02	-0.28	0.38	0.91	0.23	-0.07	-0.36	0.3	0.3	-0.42	0.44	0.54	-0.38	-0.16
Total Stockholder Equity	0.8	0.23	0.26		-0.66	0.71	0.49	0.2	0.82	-0.38	0.2	0.45	0.4	-0.59	-0.14	0.29	0.61	-0.33	-0.42	0.95	0.95	-0.42	0.76	0.29	-0.44	0.01
Net Debt	-0.28	-0.5	-0.51	-0.66		-0.14	-0.2	-0.44	-0.19	0.31	-0.44	-0.17	0.06	0.03	0.5	-0.4	-0.03	0.81	0.71	-0.68	-0.68	0.32	-0.61	-0.22	0.29	0.12
Retained Earnings	0.86	0.14	0.17	0.71	-0.14		0.6	0.04	0.91	-0.51	0.04	0.55	0.7	-0.85	0.39	0.27	0.94	0.21	-0.06	0.76	0.77	-0.62	0.64	0.32	-0.63	-0.37
Accounts Payable	0.78	0.65	0.69	0.49	-0.2	0.6		0.59	0.64	-0.61	0.59	0.99	0.45	-0.61	0.58	0.8	0.61	0.28	-0.12	0.45	0.45	-0.57	0.48	0.57	-0.6	-0.11
Cash	0.42	0.86	0.87	0.2	-0.44	0.04	0.59		0.17	-0.23	1.0	0.57	-0.29	-0.31	0.4	0.95	0.16	0.05	-0.27	0.19	0.18	-0.11	0.34	0.21	-0.06	0.05
Non Current Assets Total	0.96	0.2	0.23	0.82	-0.19	0.91	0.64	0.17		-0.36	0.17	0.6	0.56	-0.89	0.39	0.33	0.9	0.24	-0.05	0.79	0.79	-0.4	0.63	0.32	-0.43	-0.02
Non Currrent Assets Other	-0.43	-0.44	-0.47	-0.38	0.31	-0.51	-0.61	-0.23	-0.36		-0.23	-0.57	-0.55	0.22	-0.16	-0.43	-0.36	0.12	0.32	-0.4	-0.4	0.92	-0.46	-0.81	0.92	0.45
Cash And Short Term Investments	0.42	0.86	0.87	0.2	-0.44	0.04	0.59	1.0	0.17	-0.23		0.57	-0.29	-0.31	0.4	0.95	0.16	0.05	-0.27	0.19	0.18	-0.11	0.34	0.21	-0.06	0.05
Net Receivables	0.74	0.63	0.66	0.45	-0.17	0.55	0.99	0.57	0.6	-0.57	0.57		0.44	-0.57	0.57	0.77	0.57	0.28	-0.07	0.4	0.4	-0.53	0.41	0.55	-0.56	-0.07
Common Stock Shares Outstanding	0.47	-0.05	-0.02	0.4	0.06	0.7	0.45	-0.29	0.56	-0.55	-0.29	0.44		-0.41	0.2	-0.03	0.63	0.13	0.0	0.47	0.48	-0.66	0.38	0.56	-0.74	-0.55
Other Stockholder Equity	-0.9	-0.24	-0.28	-0.59	0.03	-0.85	-0.61	-0.31	-0.89	0.22	-0.31	-0.57	-0.41		-0.62	-0.45	-0.96	-0.46	-0.17	-0.65	-0.65	0.29	-0.49	-0.14	0.28	0.14
Total Liab	0.49	0.36	0.38	-0.14	0.5	0.39	0.58	0.4	0.39	-0.16	0.4	0.57	0.2	-0.62		0.52	0.57	0.88	0.41	-0.1	-0.1	-0.14	0.02	0.21	-0.13	-0.09
Total Current Assets	0.57	0.89	0.91	0.29	-0.4	0.27	0.8	0.95	0.33	-0.43	0.95	0.77	-0.03	-0.45	0.52		0.36	0.13	-0.25	0.3	0.3	-0.35	0.44	0.36	-0.31	-0.12
Short Long Term Debt Total	0.88	0.19	0.23	0.61	-0.03	0.94	0.61	0.16	0.9	-0.36	0.16	0.57	0.63	-0.96	0.57	0.36		0.39	0.1	0.69	0.7	-0.47	0.56	0.25	-0.47	-0.36
Non Current Liabilities Total	0.25	-0.08	-0.07	-0.33	0.81	0.21	0.28	0.05	0.24	0.12	0.05	0.28	0.13	-0.46	0.88	0.13	0.39		0.64	-0.36	-0.36	0.16	-0.28	-0.06	0.15	0.12
Other Current Assets	-0.11	-0.35	-0.36	-0.42	0.71	-0.06	-0.12	-0.27	-0.05	0.32	-0.27	-0.07	0.0	-0.17	0.41	-0.25	0.1	0.64		-0.4	-0.4	0.41	-0.77	-0.19	0.39	0.23
Common Stock Total Equity	0.77	0.27	0.3	0.95	-0.68	0.76	0.45	0.19	0.79	-0.4	0.19	0.4	0.47	-0.65	-0.1	0.3	0.69	-0.36	-0.4		1.0	-0.5	0.78	0.29	-0.5	-0.25
Common Stock	0.77	0.27	0.3	0.95	-0.68	0.77	0.45	0.18	0.79	-0.4	0.18	0.4	0.48	-0.65	-0.1	0.3	0.7	-0.36	-0.4	1.0		-0.51	0.78	0.29	-0.51	-0.27
Property Plant And Equipment Net	-0.45	-0.4	-0.42	-0.42	0.32	-0.62	-0.57	-0.11	-0.4	0.92	-0.11	-0.53	-0.66	0.29	-0.14	-0.35	-0.47	0.16	0.41	-0.5	-0.51		-0.6	-0.72	0.99	0.64
Inventory	0.68	0.4	0.44	0.76	-0.61	0.64	0.48	0.34	0.63	-0.46	0.34	0.41	0.38	-0.49	0.02	0.44	0.56	-0.28	-0.77	0.78	0.78	-0.6		0.3	-0.58	-0.36
Property Plant And Equipment Gross	0.38	0.54	0.54	0.29	-0.22	0.32	0.57	0.21	0.32	-0.81	0.21	0.55	0.56	-0.14	0.21	0.36	0.25	-0.06	-0.19	0.29	0.29	-0.72	0.3		-0.77	-0.25
Intangible Assets	-0.47	-0.36	-0.38	-0.44	0.29	-0.63	-0.6	-0.06	-0.43	0.92	-0.06	-0.56	-0.74	0.28	-0.13	-0.31	-0.47	0.15	0.39	-0.5	-0.51	0.99	-0.58	-0.77		0.6
Other Liab	-0.05	-0.14	-0.16	0.01	0.12	-0.37	-0.11	0.05	-0.02	0.45	0.05	-0.07	-0.55	0.14	-0.09	-0.12	-0.36	0.12	0.23	-0.25	-0.27	0.64	-0.36	-0.25	0.6

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Labrador Iron Account Relationship Matchups

Labrador Iron fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	743.0M	823.2M	789.3M	825.8M	837.0M	686.3M
Other Current Liab	67.2M	115.2M	73.6M	44.8M	28.8M	35.6M
Total Current Liabilities	85.8M	133.4M	103.0M	54.1M	40.3M	45.7M
Total Stockholder Equity	537.3M	566.4M	564.1M	637.5M	659.3M	483.6M
Net Debt	(77.9M)	(106.1M)	(82.9M)	(39.9M)	(13.2M)	(12.5M)
Retained Earnings	230.0M	262M	257.8M	324.8M	347.9M	365.3M
Accounts Payable	7.9M	12.5M	10.8M	9.3M	11.5M	7.2M
Cash	77.9M	106.1M	82.9M	39.9M	13.2M	12.5M
Non Current Assets Total	629.0M	658.8M	656.7M	742.7M	769.5M	618.8M
Non Currrent Assets Other	(247.7M)	(241.5M)	(656.7M)	(742.7M)	(668.5M)	(635.0M)
Cash And Short Term Investments	77.9M	106.1M	82.9M	39.9M	13.2M	12.5M
Net Receivables	36.2M	58.3M	49.7M	43.1M	54.3M	33.6M
Liabilities And Stockholders Equity	743.0M	823.2M	789.3M	825.8M	837.0M	686.3M
Other Stockholder Equity	(10.4M)	(13.3M)	(11.4M)	(5.1M)	(4.6M)	(4.3M)
Total Liab	205.7M	256.9M	225.3M	188.3M	177.7M	202.7M
Total Current Assets	114.0M	164.4M	132.6M	83.0M	67.5M	67.4M
Non Current Liabilities Total	119.8M	123.4M	122.2M	134.2M	137.4M	118.7M
Other Current Assets	38K	14.0K	15K	483K	508.0K	357.7K
Accumulated Other Comprehensive Income	(10.4M)	(13.3M)	(11.4M)	(5.1M)	(6.3M)	(6.6M)
Property Plant And Equipment Net	247.7M	241.5M	235.3M	228.9M	222.9M	204.2M
Inventory	(129K)	(38K)	(14K)	(15K)	(483K)	1.05
Intangible Assets	247.7M	241.5M	235.3M	228.9M	206.0M	206.6M
Other Liab	119.8M	123.4M	122.2M	134.2M	120.8M	100.5M
Net Tangible Assets	537.3M	566.4M	564.1M	637.5M	733.1M	636.2M
Long Term Investments	381.3M	417.3M	421.4M	513.8M	546.6M	400.5M
Net Invested Capital	537.3M	566.4M	564.1M	637.5M	659.3M	648.8M
Net Working Capital	28.2M	31.0M	29.6M	28.9M	27.2M	29.0M

Pair Trading with Labrador Iron

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Labrador Iron position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Labrador Iron will appreciate offsetting losses from the drop in the long position's value.

Moving together with Labrador Stock

0.72

ORE

Orezone Gold Corp

Pair Corr

Moving against Labrador Stock

0.45	JPM	JPMorgan Chase	Pair Corr
0.38	TSLA	Tesla Inc CDR	Pair Corr

The ability to find closely correlated positions to Labrador Iron could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Labrador Iron when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Labrador Iron - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Labrador Iron Ore to buy it.

The correlation of Labrador Iron is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Labrador Iron moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Labrador Iron Ore moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Labrador Iron can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Labrador Stock

Balance Sheet is a snapshot of the financial position of Labrador Iron Ore at a specified time, usually calculated after every quarter, six months, or one year. Labrador Iron Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Labrador Iron and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Labrador currently owns. An asset can also be divided into two categories, current and non-current.

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Labrador Net Receivables vs Retained Earnings Analysis

Net Receivables vs Retained Earnings

Net Receivables vs Retained Earnings Correlation Analysis

Correlation Coefficient

Net Receivables

Retained Earnings

Labrador Iron fundamental ratios Correlations

Labrador Iron Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Labrador Iron fundamental ratios Accounts

Pair Trading with Labrador Iron

Moving together with Labrador Stock

Moving against Labrador Stock

Other Information on Investing in Labrador Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Total Current Liabilities	+ 0.99	Other Current Liab
Net Receivables	+ 0.99	Accounts Payable
Intangible Assets	+ 0.99	Property Plant And Equipment Net
Non Current Assets Total	+ 0.96	Total Assets

Short Long Term Debt Total	- 0.96	Other Stockholder Equity
Other Stockholder Equity	- 0.9	Total Assets
Other Stockholder Equity	- 0.89	Non Current Assets Total
Other Stockholder Equity	- 0.85	Retained Earnings
Property Plant And Equipment Gross	- 0.81	Non Currrent Assets Other
Intangible Assets	- 0.77	Property Plant And Equipment Gross