Labrador Historical Balance Sheet

LIF Stock

CAD 29.33 0.19 0.65%

Trend analysis of Labrador Iron Ore balance sheet accounts such as Total Stockholder Equity of 483.6 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.

Cash Flow Balance Sheet Income Statement

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

1.05

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 Intangible Assets are very stable compared to the past year. As of the 27th of November 2024, Net Working Capital is likely to grow to about 29 M, while Total Assets are likely to drop about 686.3 M.

Total Assets Other Current Liab Total Current Liabilities Total Stockholder Equity

Total Assets

Total assets refers to the total amount of Labrador Iron 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 Iron Ore 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 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.

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.

	2021	2022	2023	2024 (projected)
Other Current Liabilities	73.6M	44.8M	28.8M	35.6M
Total Assets	789.3M	825.8M	837.0M	686.3M

Other Current Liab Total Assets

Labrador Iron balance sheet 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 balance sheet 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

0.71

ORE

Orezone Gold Corp

Pair Corr

Moving against Labrador Stock

0.4	BRK	Berkshire Hathaway CDR	Pair Corr
0.39	JPM	JPMorgan Chase	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

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Labrador Historical Balance Sheet

Labrador Iron Inventory

1.05

About Labrador Balance Sheet Analysis

Labrador Iron Balance Sheet Chart

Total Assets

Total Current Liabilities

Total Stockholder Equity

Labrador Iron balance sheet Correlations

Labrador Iron Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Labrador Iron balance sheet 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