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
DateValue
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