Growth Metrics

Largo (LGO) Debt Ratio: 2020-2024

Historic Debt Ratio for Largo (LGO) over the last 5 years, with Dec 2024 value amounting to 0.29.

  • Largo's Debt Ratio fell 84.20% to 0.03 in Q3 2025 from the same period last year, while for Sep 2025 it was 0.01, marking a year-over-year decrease of 83.85%. This contributed to the annual value of 0.29 for FY2024, which is 47.35% up from last year.
  • According to the latest figures from FY2024, Largo's Debt Ratio is 0.29, which was up 47.35% from 0.20 recorded in FY2023.
  • Over the past 5 years, Largo's Debt Ratio peaked at 0.29 during FY2024, and registered a low of 0.05 during FY2021.
  • Over the past 3 years, Largo's median Debt Ratio value was 0.20 (recorded in 2023), while the average stood at 0.20.
  • Per our database at Business Quant, Largo's Debt Ratio plummeted by 42.59% in 2021 and then skyrocketed by 135.30% in 2022.
  • Over the past 5 years, Largo's Debt Ratio (MRY) stood at 0.08 in 2020, then crashed by 42.59% to 0.05 in 2021, then soared by 135.30% to 0.11 in 2022, then soared by 74.79% to 0.20 in 2023, then skyrocketed by 47.35% to 0.29 in 2024.
  • Its last three reported values are 0.29 in FY2024, 0.20 for FY2023, and 0.11 during FY2022.