Labrador Resources

Labrador Resources Current Ratio

The Current Ratio of Labrador Resources (LTX.V) as of Oct 18, 2026 is 2.21. In the previous year, Current Ratio was 13.74 — a change of -83.89% (lower).

Current Ratio

2.21

YoY

-83.89%

Last updated:

Current Ratio of Labrador Resources is 2024 2.21 . Current Ratio of Labrador Resources was 2023 13.74 . It decreases by -83.89% lower compared to the previous year.

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Labrador Resources Stock analysis

What does Labrador Resources do? Labrador Resources Inc., based in Calgary, Alberta, operates in the Energy sector with a focus on oil and gas exploration. The company evaluates opportunities in technology, oil and gas, and cannabis sectors, currently concentrating on reactivating one well and drilling a new horizontal well at the Atlee Buffalo Property. Listed on 16 January 1997, it is active in resource development within the energy industry. Labrador Resources is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Labrador Resources stock

Current Ratio of Labrador Resources is 2.21 in 2024.

Current Ratio of Labrador Resources changed from 13.74 to 2.21, representing a -83.89% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Current Ratio Labrador Resources since 2006 – with annual values, charts, and detailed analysis.

The Current Ratio measures a company's ability to pay short-term obligations. A ratio above 1 indicates that current assets exceed current liabilities.

Current Ratio = Current Assets / Current Liabilities

A 'good' varies by industry and company stage. On Eulerpool, you can compare Current Ratio's Labrador Resources with sector peers and the industry average to assess whether it is attractive.

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Leverage — Labrador Resources

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