Largo (LGO) Total Debt (2020 - 2026)

Largo (LGO) recorded quarterly Total Debt of $108.4 million in Q1 2026, down 49.39% quarter-over-quarter from $214.1 million in Q4 2025, and up 38.28% on a YoY basis from $78.4 million in Q1 2025.

Largo (LGO) Total Debt (2020 - 2026) Analysis & Trends

Largo's Total Debt history runs 7 years deep, the most recent figure standing at $108.4 million for Q1 2026.

  • In Q1 2026, Total Debt rose 38.28% year-over-year to $108.4 million; the TTM figure through Mar 2026 stood at $108.4 million (up 38.28% YoY), while the FY2025 annual figure was $214.1 million, up 132.05% from the prior year.
  • Total Debt was $108.4 million for Q1 2026 at Largo, down from $214.1 million in the prior quarter.
  • In the past five years, Total Debt ranged from a high of $214.1 million in Q4 2025 to a low of $3.8 million in Q1 2024.
  • Historically, Total Debt has averaged $66.1 million across 5 years, with a median of $76.7 million in 2023.
  • The sharpest annual moves came in 2024 and 2025: Total Debt slumped 58.33% in 2024, then jumped 1989.73% in 2025.
  • A 5-year view of Total Debt shows it stood at $8.0 million in 2022, then jumped by 837.5% to $75.0 million in 2023, then climbed by 23.04% to $92.3 million in 2024, then surged by 132.05% to $214.1 million in 2025, then sank by 49.39% to $108.4 million in 2026.
  • The last three Total Debt figures came in at $108.4 million (Q1 2026), $214.1 million (Q4 2025), and $96.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 Elevra Lithium 556.97 Bn 556.92 Bn - 49.67 Mn
2 Bhp 421.29 Bn 411.77 Bn - 26.00 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 1.00 Bn
6 Iperionx 8.57 Bn 8.52 Bn - 3.69 Mn
7 Materion 4.58 Bn 4.57 Bn 81.84 Mn 489.92 Mn
8 Sigma Lithium 4.36 Bn 4.36 Bn 25.57 Mn 120.59 Mn
9 Americas Gold & Silver 4.00 Bn 3.87 Bn 16.76 Mn 45.31 Mn
10 Largo 77,111.03 -8.46 Mn - 108.37 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 108.37 Mn
Dec 31, 2025 214.13 Mn
Sep 30, 2025 96.01 Mn
Jun 30, 2025 81.32 Mn
Mar 31, 2025 78.37 Mn
Dec 31, 2024 92.28 Mn
Sep 30, 2024 93.70 Mn
Jun 30, 2024 84.73 Mn
Mar 31, 2024 3.75 Mn
Dec 31, 2023 75.00 Mn
Sep 30, 2023 65.00 Mn
Jun 30, 2023 18.00 Mn
Mar 31, 2023 9.00 Mn
Dec 31, 2022 8.00 Mn
Sep 30, 2022 15.00 Mn
Jun 30, 2022 15.00 Mn
Sep 30, 2021 15.00 Mn
Jun 30, 2021 15.00 Mn
Dec 31, 2020 49.58 Mn