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Labrador Iron Ore Royalty Corp

Basic Materials CA LIF

29.48CAD
0.34(1.17%)

Last update at 2024-12-23T19:42:00Z

Day Range

29.1429.55
LowHigh

52 Week Range

26.4733.26
LowHigh

Fundamentals

  • Previous Close 29.14
  • Market Cap1896.32M
  • Volume165621
  • P/E Ratio9.75
  • Dividend Yield9.11%
  • Revenue TTM205.51M
  • Revenue Per Share TTM3.21
  • Gross Profit TTM 225.90M
  • Diluted EPS TTM3.04

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 331.31M 444.58M 278.98M 245.92M 153.41M
Minority interest - - - - -
Net income 265.45M 379.77M 227.19M 205.34M 128.49M
Selling general administrative 3.09M 3.00M 3.13M 3.18M 3.50M
Selling and marketing expenses - - - - -
Gross profit 179.76M 217.73M 155.71M 135.90M 99.35M
Reconciled depreciation 6.42M 6.17M 6.19M 6.14M 5.19M
Ebit 21.48M -15.37600M 146.40M 126.58M 90.66M
Ebitda 176.66M 214.73M 152.59M 132.72M 95.84M
Depreciation and amortization 155.18M 230.11M 6.19M 6.14M 5.19M
Non operating income net other - - - - -
Operating income 21.48M -15.37600M 146.40M 126.58M 90.66M
Other operating expenses 55.66M 64.73M 49.34M 44.42M 34.45M
Interest expense 0.54M 0.26M 132.58M 119.35M 62.75M
Tax provision 65.86M 64.81M 51.78M 40.58M 24.92M
Interest income 154.10M 0.26M 0.36M 112.08M 56.99M
Net interest income 0.54M 0.26M 0.36M 1.13M 0.58M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 65.86M 64.81M 51.78M 40.58M 24.92M
Total revenue 232.32M 279.47M 201.93M 177.14M 130.29M
Total operating expenses 3.09M 3.00M 3.13M 3.18M 3.50M
Cost of revenue 52.56M 61.73M 46.22M 41.23M 30.95M
Total other income expense net 309.82M 459.96M 132.58M 119.35M 62.75M
Discontinued operations - - - - -
Net income from continuing ops 265.45M 379.77M 227.19M 205.34M 128.49M
Net income applicable to common shares 265.45M 379.77M 227.19M 205.34M 128.49M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 837.04M 825.76M 789.31M 823.22M 743.03M
Intangible assets - 228.92M 235.34M 241.51M 247.70M
Earning assets - - - - -
Other current assets 0.51M - - - -
Total liab 177.71M 188.31M 225.25M 256.85M 205.69M
Total stockholder equity 659.33M 637.46M 564.06M 566.37M 537.34M
Deferred long term liab - - - - -
Other current liab 28.80M 44.80M 92.22M 120.89M 77.91M
Common stock 317.71M 317.71M 317.71M 317.71M 317.71M
Capital stock 317.71M 317.71M 317.71M 317.71M 317.71M
Retained earnings 347.93M 324.82M 257.77M 262.00M 230.00M
Other liab - 134.22M 122.24M 123.43M 119.84M
Good will - - - - -
Other assets - - - - -
Cash 13.19M 39.90M 82.91M 106.09M 77.86M
Cash and equivalents - - - - -
Total current liabilities 40.34M 54.09M 103.01M 133.42M 85.85M
Current deferred revenue - - - - -
Net debt -13.19200M -39.90400M - - -77.85900M
Short term debt - 0.00000M 0.00000M 0.00000M 0.00000M
Short long term debt - - - - -
Short long term debt total - - - - -
Other stockholder equity - -5.07000M -11.42000M -13.34000M -10.37600M
Property plant equipment - - - - -
Total current assets 67.53M 83.02M 132.59M 164.43M 114.02M
Long term investments 546.61M 513.83M 421.38M 417.28M 381.31M
Net tangible assets - 637.46M 564.06M 566.37M 537.34M
Short term investments - - - - -
Net receivables 54.34M 43.12M 49.68M 58.34M 36.16M
Long term debt - - - - -
Inventory 0.00000M - - - -
Accounts payable 11.54M 9.29M 10.79M 12.53M 7.94M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -6.30300M -5.07000M -11.42000M -13.34000M -10.37600M
Additional paid in capital - - - - -
Common stock total equity - - - 317.71M 317.71M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other - - - -241.51100M -247.70100M
Deferred long term asset charges - - - - -
Non current assets total 769.51M 742.75M 656.72M 658.79M 629.01M
Capital lease obligations - - - - -
Long term debt total - 0.00000M 0.00000M 0.00000M 0.00000M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments - - - - -
Change to liabilities -1.50000M -1.74700M 4.59M -2.03000M 1.37M
Total cashflows from investing activities - - - - -
Net borrowings - - - - -
Total cash from financing activities -227.20000M -425.60000M -147.20000M -227.20000M -108.80000M
Change to operating activities - - - 10.39M 10.39M
Net income 265.45M 379.77M 227.19M 205.34M 128.49M
Change in cash -43.00900M -23.17800M 28.23M -2.63600M 40.00M
Begin period cash flow 82.91M 106.09M 77.86M 80.50M 40.50M
End period cash flow 39.90M 82.91M 106.09M 77.86M 80.50M
Total cash from operating activities 184.19M 402.42M 175.43M 224.56M 148.80M
Issuance of capital stock - - - - -
Depreciation 6.42M 6.17M 6.19M 6.14M 5.19M
Other cashflows from investing activities - - - - -
Dividends paid 227.20M 425.60M 147.20M 227.20M 108.80M
Change to inventory - - - - -
Change to account receivables 6.92M 8.65M -22.18000M 10.39M -4.45600M
Sale purchase of stock - - - - -
Other cashflows from financing activities - - - - -
Change to netincome -93.10400M 9.57M -40.36700M 4.72M 18.21M
Capital expenditures 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 5.42M 6.91M -17.58600M 8.36M -3.08800M
Stock based compensation - - -98.33900M -42.01000M -
Other non cash items -152.53800M -49.06700M -92.14900M -35.86500M -6.71200M
Free cash flow 184.19M 402.42M 175.43M 224.56M 148.80M

Peer Comparison

Sector: Basic Materials Industry: Steel

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
LIF
Labrador Iron Ore Royalty Corp
0.34 1.17% 29.48 9.75 8.03 9.23 2.88 9.03 11.48
CIA
Champion Iron Ltd
0.04 0.77% 5.21 11.15 12.44 1.64 1.88 1.86 5.23
ASTL
Algoma Steel Group Inc
0.22 1.63% 13.73 - 9.30 0.68 1.20 0.75 134.45
TSL
Tree Island Steel Ltd.
- -% 3.05 58.80 7.03 0.37 0.63 0.41 8.33

Reports Covered

Stock Research & News

Profile

Labrador Iron Ore Royalty Corporation, through its subsidiary, Hollinger-Hanna Limited, holds a 15.10% equity interest in Iron Ore Company of Canada (IOC) that produces and processes iron ores at Labrador City, Newfoundland and Labrador. Its primary products include standard and low silica acid, flux, and direct reduction pellets; iron ore concentrate; and seaborne iron ore pellets. The company was formerly known as Labrador Iron Ore Royalty Income Fund and changed its name to Labrador Iron Ore Royalty Corporation in July 2010. The company is based in Toronto, Canada.

Labrador Iron Ore Royalty Corp

31 Adelaide St. East, Toronto, ON, Canada, M5C 2K3

Key Executives

Name Title Year Born
Mr. John F. Tuer Pres, CEO & Director 1965
Mr. Alan Richard Thomas Chief Financial Officer 1943
Ms. Sandra L. Rosch Exec. VP & Director 1960
Robert O. Hansen Sec. NA
Mr. John F. Tuer President, CEO & Director 1965
Ms. Sandra L. Rosch Executive VP & Director 1960
Mr. Robert O. Hansen Secretary NA

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