Largo (LGO) Interest Coverage Ratio (2020 - 2026)
Largo (LGO) recorded quarterly Interest Coverage Ratio of 2.31 in Q1 2026, up 111.81% quarter-over-quarter from 19.54 in Q4 2025, and down 64.49% on a YoY basis from 6.5 in Q1 2025.
Largo (LGO) Interest Coverage Ratio (2020 - 2026) Analysis & Trends
Largo's Interest Coverage Ratio history runs 7 years deep, the most recent figure standing at 2.31 for Q1 2026.
- In Q1 2026, Interest Coverage Ratio fell 64.49% year-over-year to 2.31; the TTM figure through Mar 2026 stood at 136.65 (up 64.23% YoY), while the FY2025 annual figure was 2.93, up 55.11% from the prior year.
- Interest Coverage Ratio was 2.31 for Q1 2026 at Largo, up from 19.54 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 7.27 in Q3 2023 to a low of 22930.79 in Q2 2023.
- Historically, Interest Coverage Ratio has averaged 1395.26 across 5 years, with a median of 3.81 in 2024.
- Biggest YoY gain for Interest Coverage Ratio was 31190.78% in 2023; the steepest drop was 32487.77% in 2023.
- A 5-year view of Interest Coverage Ratio shows it stood at 20.5 in 2022, then jumped by 102.43% to 0.5 in 2023, then sank by 10369.82% to 51.21 in 2024, then jumped by 61.85% to 19.54 in 2025, then jumped by 111.81% to 2.31 in 2026.
- The last three Interest Coverage Ratio figures came in at 2.31 (Q1 2026), 19.54 (Q4 2025), and 1.55 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Elevra Lithium | 556.97 Bn | 556.92 Bn | - | - |
| 2 | Bhp | 421.29 Bn | 411.77 Bn | - | - |
| 3 | Skeena Resources | 17.36 Bn | 17.34 Bn | - | 19.17 |
| 4 | Ioneer | 10.78 Bn | 10.76 Bn | - | - |
| 5 | MP Materials | 10.54 Bn | 7.94 Bn | 16.40 Mn | -2.45 |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - | - |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn | 3.72 |
| 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 | -8.48 |
| 10 | Largo | 77,111.03 | -8.46 Mn | - | 2.31 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.31 |
| Dec 31, 2025 | -19.54 |
| Sep 30, 2025 | -1.55 |
| Jun 30, 2025 | -1.49 |
| Mar 31, 2025 | 6.50 |
| Dec 31, 2024 | -51.21 |
| Sep 30, 2024 | -3.81 |
| Jun 30, 2024 | -623.55 |
| Mar 31, 2024 | -9.11 |
| Dec 31, 2023 | 0.50 |
| Sep 30, 2023 | 7.27 |
| Jun 30, 2023 | -22,930.79 |
| Mar 31, 2023 | 1.50 |
| Dec 31, 2022 | -20.50 |
| Sep 30, 2022 | -5.62 |
| Jun 30, 2022 | -70.37 |
| Mar 31, 2022 | 0.00 |
| Dec 31, 2021 | 0.31 |
| Sep 30, 2021 | -38.15 |
| Jun 30, 2021 | 108.42 |