Labrador Historical Balance Sheet

LIF Stock  CAD 30.16  0.14  0.47%   
Trend analysis of Labrador Iron Ore balance sheet accounts such as Total Stockholder Equity of 491.9 M provides information on Labrador Iron's total assets, liabilities, and equity, which is the actual value of Labrador Iron Ore to its prevalent stockholders. By breaking down trends over time using Labrador Iron balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Labrador Iron Ore latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Labrador Iron Ore is a good buy for the upcoming year.

Labrador Iron Inventory

1.21

  
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.

About Labrador Balance Sheet Analysis

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.

Labrador Iron Balance Sheet Chart

At this time, Labrador Iron's Other Current Liabilities is very stable compared to the past year. As of the 23rd of March 2025, Total Liabilities is likely to grow to about 203 M, while Total Assets are likely to drop about 694.9 M.

Total Current Liabilities

Total Current Liabilities is an item on Labrador Iron balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Labrador Iron Ore are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Labrador Iron Ore balance sheet. This account contains Labrador Iron investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Labrador Iron Ore fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most accounts from Labrador Iron's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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 Other Current Liabilities is very stable compared to the past year. As of the 23rd of March 2025, Total Liabilities is likely to grow to about 203 M, while Total Assets are likely to drop about 694.9 M.
 2022 2023 2024 2025 (projected)
Other Current Liabilities44.8M28.8M33.1M35.6M
Total Assets825.8M837.0M836.1M694.9M

Labrador Iron balance sheet Correlations

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0.40.980.21-0.50.150.60.880.17-0.380.850.58-0.01-0.240.360.880.2-0.08-0.340.270.27-0.340.390.51-0.34-0.18
0.470.980.27-0.50.220.670.890.24-0.460.820.650.12-0.290.390.910.26-0.07-0.370.330.33-0.410.450.59-0.43-0.21
0.810.210.27-0.630.830.520.160.83-0.440.120.490.35-0.59-0.130.30.6-0.33-0.420.940.93-0.470.770.32-0.480.08
-0.26-0.5-0.5-0.63-0.16-0.18-0.45-0.170.26-0.44-0.150.070.030.5-0.39-0.030.810.71-0.67-0.670.27-0.6-0.190.270.13
0.950.150.220.83-0.160.690.170.97-0.380.140.660.39-0.830.360.370.780.25-0.030.720.71-0.350.580.3-0.370.24
0.80.60.670.52-0.180.690.560.66-0.650.471.00.39-0.60.560.780.590.26-0.130.450.45-0.620.50.59-0.630.0
0.40.880.890.16-0.450.170.560.15-0.260.960.530.02-0.330.430.960.270.04-0.290.250.25-0.190.380.29-0.21-0.25
0.960.170.240.83-0.170.970.660.15-0.420.10.630.47-0.880.390.340.870.23-0.060.780.78-0.450.650.34-0.460.08
-0.48-0.38-0.46-0.440.26-0.38-0.65-0.26-0.42-0.11-0.62-0.490.22-0.15-0.42-0.350.120.31-0.4-0.40.93-0.48-0.830.920.28
0.330.850.820.12-0.440.140.470.960.1-0.110.44-0.25-0.290.390.890.150.05-0.250.160.16-0.010.290.13-0.01-0.06
0.760.580.650.49-0.150.661.00.530.63-0.620.440.38-0.560.550.760.550.27-0.080.410.41-0.580.440.57-0.60.04
0.45-0.010.120.350.070.390.390.020.47-0.49-0.250.38-0.410.240.140.620.11-0.010.460.47-0.640.370.54-0.7-0.54
-0.89-0.24-0.29-0.590.03-0.83-0.6-0.33-0.880.22-0.29-0.56-0.41-0.62-0.45-0.96-0.46-0.16-0.65-0.650.28-0.49-0.150.280.12
0.480.360.39-0.130.50.360.560.430.39-0.150.390.550.24-0.620.520.580.880.41-0.09-0.09-0.140.020.22-0.14-0.1
0.570.880.910.3-0.390.370.780.960.34-0.420.890.760.14-0.450.520.40.13-0.250.340.33-0.350.440.42-0.37-0.18
0.870.20.260.6-0.030.780.590.270.87-0.350.150.550.62-0.960.580.40.390.090.690.7-0.460.560.26-0.47-0.32
0.24-0.08-0.07-0.330.810.250.260.040.230.120.050.270.11-0.460.880.130.390.64-0.36-0.360.15-0.27-0.070.150.12
-0.12-0.34-0.37-0.420.71-0.03-0.13-0.29-0.060.31-0.25-0.08-0.01-0.160.41-0.250.090.64-0.4-0.40.39-0.77-0.20.390.21
0.770.270.330.94-0.670.720.450.250.78-0.40.160.410.46-0.65-0.090.340.69-0.36-0.41.0-0.50.780.3-0.51-0.21
0.770.270.330.93-0.670.710.450.250.78-0.40.160.410.47-0.65-0.090.330.7-0.36-0.41.0-0.50.780.3-0.52-0.22
-0.49-0.34-0.41-0.470.27-0.35-0.62-0.19-0.450.93-0.01-0.58-0.640.28-0.14-0.35-0.460.150.39-0.5-0.5-0.6-0.760.990.48
0.690.390.450.77-0.60.580.50.380.65-0.480.290.440.37-0.490.020.440.56-0.27-0.770.780.78-0.60.33-0.6-0.28
0.420.510.590.32-0.190.30.590.290.34-0.830.130.570.54-0.150.220.420.26-0.07-0.20.30.3-0.760.33-0.8-0.17
-0.5-0.34-0.43-0.480.27-0.37-0.63-0.21-0.460.92-0.01-0.6-0.70.28-0.14-0.37-0.470.150.39-0.51-0.520.99-0.6-0.80.48
0.01-0.18-0.210.080.130.240.0-0.250.080.28-0.060.04-0.540.12-0.1-0.18-0.320.120.21-0.21-0.220.48-0.28-0.170.48
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Labrador Iron Account Relationship Matchups

Labrador Iron balance sheet Accounts

202020212022202320242025 (projected)
Total Assets823.2M789.3M825.8M837.0M836.1M694.9M
Other Current Liab115.2M73.6M44.8M28.8M33.1M35.6M
Total Current Liabilities133.4M103.0M54.1M40.3M61.0M46.5M
Total Stockholder Equity566.4M564.1M637.5M659.3M642.9M491.9M
Net Debt(106.1M)(82.9M)(39.9M)(13.2M)(11.9M)(11.3M)
Retained Earnings262M257.8M324.8M347.9M331.0M177.1M
Accounts Payable12.5M10.8M9.3M11.5M11.2M7.4M
Cash106.1M82.9M39.9M13.2M42.3M34.3M
Non Current Assets Total658.8M656.7M742.7M769.5M741.0M626.1M
Non Currrent Assets Other(247.7M)(241.5M)(656.7M)(742.7M)(668.5M)(635.0M)
Cash And Short Term Investments106.1M82.9M39.9M13.2M15.2M14.4M
Net Receivables58.3M49.7M43.1M54.3M52.8M34.6M
Liabilities And Stockholders Equity823.2M789.3M825.8M837.0M962.6M686.3M
Other Stockholder Equity(10.4M)(13.3M)(11.4M)(5.1M)(4.6M)(4.3M)
Total Liab256.9M225.3M188.3M177.7M193.2M203.0M
Total Current Assets164.4M132.6M83.0M67.5M95.1M68.8M
Non Current Liabilities Total123.4M122.2M134.2M137.4M132.2M118.2M
Other Current Assets14.0K15K483K508.0K457.2K357.7K
Accumulated Other Comprehensive Income(13.3M)(11.4M)(5.1M)(6.3M)(7.2M)(7.6M)
Property Plant And Equipment Net241.5M235.3M228.9M222.9M216.6M201.9M
Inventory(38K)(14K)(15K)(483K)1.151.21
Intangible Assets247.7M241.5M235.3M228.9M206.0M206.6M
Other Liab119.8M123.4M122.2M134.2M120.8M100.5M
Net Tangible Assets537.3M566.4M564.1M637.5M733.1M636.2M
Long Term Investments417.3M421.4M513.8M546.6M524.3M402.1M
Net Invested Capital566.4M564.1M637.5M659.3M642.9M656.1M
Net Working Capital31.0M29.6M28.9M27.2M34.1M28.8M

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 against Labrador Stock

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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 CorrelationCorrelation 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.