Largo (LGO) Debt to Equity (2020 - 2025)
Largo (LGO) recorded quarterly Debt to Equity of $1.64 in Q4 2025, up 607.99% quarter-over-quarter from $0.23 in Q3 2025, and up 193.39% on a YoY basis from $0.56 in Q4 2024.
Largo (LGO) Debt to Equity (2020 - 2025) Analysis & Trends
Largo's Debt to Equity history runs 5 years deep, the most recent figure standing at $1.64 for Q4 2025.
- In Q4 2025, Debt to Equity rose 193.39% year-over-year to $1.64; the TTM figure through Dec 2025 stood at $1.64 (up 193.39% YoY), while the FY2025 annual figure was $1.64, up 193.39% from the prior year.
- Debt to Equity was $1.64 for Q4 2025 at Largo, up from $0.23 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $1.64 in Q4 2025 to a low of $0.01 in Q1 2024.
- Historically, Debt to Equity has averaged $0.35 across 4 years, with a median of $0.2 in 2023.
- The sharpest annual moves came in 2023 and 2024: Debt to Equity soared 662.57% in 2023, then plunged 99.11% in 2024.
- A 4-year view of Debt to Equity shows it stood at $0.02 in 2022, then jumped by 662.57% to $0.19 in 2023, then soared by 196.34% to $0.56 in 2024, then surged by 193.39% to $1.64 in 2025.
- The last three Debt to Equity figures came in at $1.64 (Q4 2025), $0.23 (Q3 2025), and $0.21 (Q2 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Elevra Lithium | 556.97 Bn | 556.92 Bn | - | 0.18 |
| 2 | Bhp | 421.29 Bn | 411.77 Bn | - | - |
| 3 | Skeena Resources | 17.36 Bn | 17.34 Bn | - | - |
| 4 | Ioneer | 10.78 Bn | 10.76 Bn | - | - |
| 5 | MP Materials | 10.54 Bn | 7.94 Bn | 16.40 Mn | 0.51 |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - | 0.03 |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn | 0.51 |
| 8 | Sigma Lithium | 4.36 Bn | 4.36 Bn | 25.57 Mn | - |
| 9 | Americas Gold & Silver | 4.00 Bn | 3.87 Bn | 16.76 Mn | - |
| 10 | Largo | 77,111.03 | -8.46 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 1.64 |
| Sep 30, 2025 | 0.23 |
| Jun 30, 2025 | 0.21 |
| Dec 31, 2024 | 0.56 |
| Sep 30, 2024 | 0.25 |
| Jun 30, 2024 | 0.23 |
| Mar 31, 2024 | 0.01 |
| Dec 31, 2023 | 0.19 |
| Sep 30, 2023 | 0.17 |
| Jun 30, 2023 | 0.10 |
| Mar 31, 2023 | 1.06 |
| Dec 31, 2022 | 0.02 |
| Sep 30, 2022 | 0.11 |
| Jun 30, 2022 | 0.11 |
| Dec 31, 2020 | 0.47 |