Largo (LGO) Operating Leases (2021 - 2024)
Largo (LGO) recorded quarterly Operating Leases of $783000.0 in Q1 2024, down 15.35% quarter-over-quarter from $925000.0 in Q4 2023, and down 41.52% on a YoY basis from $1.3 million in Q2 2023.
Largo (LGO) Operating Leases (2021 - 2024) Analysis & Trends
Largo's Operating Leases history runs 4 years deep, the most recent figure standing at $783000.0 for Q1 2024.
- In Q1 2024, Operating Leases fell 41.52% year-over-year to $783000.0; the TTM figure through Mar 2024 stood at $783000.0 (down 41.52% YoY), while the FY2023 annual figure was $925000.0, down 37.2% from the prior year.
- Operating Leases was $783000.0 for Q1 2024 at Largo, down from $925000.0 in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $2.2 million in Q2 2021 to a low of $783000.0 in Q1 2024.
- Historically, Operating Leases has averaged $1.5 million across 4 years, with a median of $1.5 million in 2022.
- The sharpest annual moves came in 2022 and 2024: Operating Leases dropped 22.3% in 2022, then slumped 41.52% in 2024.
- A 4-year view of Operating Leases shows it stood at $2.0 million in 2021, then dropped by 25.87% to $1.5 million in 2022, then slumped by 37.2% to $925000.0 in 2023, then declined by 15.35% to $783000.0 in 2024.
- The last three Operating Leases figures came in at $783000.0 (Q1 2024), $925000.0 (Q4 2023), and $1.1 million (Q3 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 | - |
| 4 | Ioneer | 10.78 Bn | 10.76 Bn | - |
| 5 | MP Materials | 10.54 Bn | 7.94 Bn | 16.40 Mn |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn |
| 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 |
|---|---|
| Mar 31, 2024 | 783,000.00 |
| Dec 31, 2023 | 925,000.00 |
| Sep 30, 2023 | 1.07 Mn |
| Jun 30, 2023 | 1.21 Mn |
| Mar 31, 2023 | 1.34 Mn |
| Dec 31, 2022 | 1.47 Mn |
| Sep 30, 2022 | 1.61 Mn |
| Jun 30, 2022 | 1.74 Mn |
| Mar 31, 2022 | 1.86 Mn |
| Dec 31, 2021 | 1.99 Mn |
| Sep 30, 2021 | 2.11 Mn |
| Jun 30, 2021 | 2.23 Mn |