Labrador Historical Balance Sheet

LAB Stock  CAD 0.07  0.01  16.67%   
Trend analysis of Labrador Gold Corp balance sheet accounts such as Total Stockholder Equity of 58.7 M provides information on Labrador Gold's total assets, liabilities, and equity, which is the actual value of Labrador Gold Corp to its prevalent stockholders. By breaking down trends over time using Labrador Gold 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.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Labrador Gold Corp. 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 Gold Corp at a specified time, usually calculated after every quarter, six months, or one year. Labrador Gold Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Labrador Gold 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 Gold Balance Sheet Chart

At this time, Labrador Gold's Common Stock is fairly stable compared to the past year. Property Plant Equipment is likely to climb to about 34.8 M in 2024, whereas Retained Earnings are likely to drop (16.5 M) in 2024.

Total Assets

Total assets refers to the total amount of Labrador Gold assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Labrador Gold Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Labrador Gold 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 Gold Corp 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.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Most accounts from Labrador Gold's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Labrador Gold Corp 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 Gold Corp. 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 Gold's Common Stock is fairly stable compared to the past year. Property Plant Equipment is likely to climb to about 34.8 M in 2024, whereas Retained Earnings are likely to drop (16.5 M) in 2024.
 2023 2024 (projected)
Other Current Liabilities1.3M1.4M
Total Assets58.0M60.9M

Labrador Gold balance sheet Correlations

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Click cells to compare fundamentals

Labrador Gold Account Relationship Matchups

Labrador Gold balance sheet Accounts

201920202021202220232024 (projected)
Total Assets13.8M46.4M50.8M50.5M58.0M60.9M
Other Current Liab292.8K198.3K44.9K1.1M1.3M1.4M
Total Current Liabilities240.8K1.6M926.8K999.3K1.1M598.5K
Total Stockholder Equity13.6M44.8M48.9M48.6M55.9M58.7M
Net Tangible Assets6.6M13.6M44.8M48.9M56.3M59.1M
Retained Earnings(12.7M)(15.5M)(16.6M)(17.4M)(15.7M)(16.5M)
Cash6.3M33.2M21.4M10.1M11.6M10.0M
Non Current Assets Total7.4M12.6M28.8M39.8M45.8M48.1M
Net Receivables73.1K456.1K559.6K482.3K554.7K582.4K
Other Stockholder Equity1.1M2.7M4.7M4.4M5.1M5.3M
Total Liab240.8K1.6M1.9M1.8M2.1M2.2M
Total Current Assets6.5M33.8M22.0M10.6M12.2M10.3M
Common Stock16.2M23.6M55.5M61.1M70.3M73.8M
Property Plant Equipment6.4M7.4M12.6M28.8M33.2M34.8M
Common Stock Shares Outstanding93.4M153.3M169.2M170.0M195.5M113.2M
Net Invested Capital13.6M44.8M48.9M48.6M55.9M58.7M
Net Working Capital6.2M32.2M21.1M9.6M11.1M11.1M
Accounts Payable198.3K194.4K473.3K924.2K1.1M1.1M
Capital Stock23.6M55.5M61.1M61.5M70.7M42.8M

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Additional Tools for Labrador Stock Analysis

When running Labrador Gold's price analysis, check to measure Labrador Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Labrador Gold is operating at the current time. Most of Labrador Gold's value examination focuses on studying past and present price action to predict the probability of Labrador Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Labrador Gold's price. Additionally, you may evaluate how the addition of Labrador Gold to your portfolios can decrease your overall portfolio volatility.