Largo (LGO) Debt Ratio (2020 - 2026)
Largo (LGO) posted quarterly Debt Ratio of 0.32 for Q1 2026, up 30.41% year-over-year from 0.24 in Q1 2025, and down 53.08% quarter-over-quarter from 0.67 in Q4 2025.
Largo (LGO) Debt Ratio (2020 - 2026) Analysis & Trends
Largo's Debt Ratio history runs 7 years deep, the most recent figure standing at 0.32 for Q1 2026.
- In Q1 2026, Debt Ratio rose 30.41% year-over-year to 0.32; the TTM figure through Mar 2026 stood at 0.32 (up 30.41% YoY), while the FY2025 annual figure was 0.67, up 131.98% from the prior year.
- Debt Ratio for Q1 2026 stood at 0.32, down from 0.67 in the prior quarter.
- The five-year high for Debt Ratio was 0.67 in Q4 2025, with the low at 0.0 in Q3 2022.
- The 5-year median for Debt Ratio is 0.05 (2023), against an average of 0.15.
- The sharpest annual moves came in 2022 and 2024: Debt Ratio soared 108956.92% in 2022, then plunged 55.85% in 2024.
- Largo's Debt Ratio stood at 0.02 in 2022, then surged by 773.94% to 0.2 in 2023, then soared by 47.35% to 0.29 in 2024, then surged by 131.98% to 0.67 in 2025, then sank by 53.08% to 0.32 in 2026.
- Business Quant data shows LGO's Debt Ratio at 0.32 in Q1 2026, 0.67 in Q4 2025, and 0.3 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Bhp | 246.38 Bn | 216.93 Bn | - | 0.00 |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - | - |
| 3 | Teck Resources | 33.91 Bn | 28.71 Bn | 1.21 Bn | 0.20 |
| 4 | MP Materials | 10.71 Bn | 8.24 Bn | 36.20 Mn | 0.25 |
| 5 | Almonty Industries | 5.27 Bn | 4.38 Bn | 18.87 Mn | 0.48 |
| 6 | Materion | 4.79 Bn | 4.77 Bn | 104.34 Mn | 0.25 |
| 7 | USA Rare Earth | 4.43 Bn | 4.43 Bn | -1.58 Mn | - |
| 8 | Skeena Resources | 4.31 Bn | 3.89 Bn | - | 0.50 |
| 9 | Evolution Metals & Technologies | 2.46 Bn | 2.46 Bn | -115,000.00 | 0.07 |
| 10 | Largo | 77,565.36 | -10.02 Mn | 44.00 Mn | 0.33 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.32 |
| Dec 31, 2025 | 0.67 |
| Sep 30, 2025 | 0.30 |
| Jun 30, 2025 | 0.24 |
| Mar 31, 2025 | 0.24 |
| Dec 31, 2024 | 0.29 |
| Sep 30, 2024 | 0.08 |
| Jun 30, 2024 | 0.04 |
| Mar 31, 2024 | 0.01 |
| Dec 31, 2023 | 0.20 |
| Sep 30, 2023 | 0.02 |
| Jun 30, 2023 | 0.05 |
| Mar 31, 2023 | 0.02 |
| Dec 31, 2022 | 0.02 |
| Sep 30, 2022 | 0.00 |
| Jun 30, 2022 | 0.04 |
| Mar 31, 2022 | 0.00 |
| Sep 30, 2021 | 0.00 |
| Jun 30, 2021 | 0.00 |
| Dec 31, 2020 | 0.17 |