Laredo Oil (LRDC) Asset Utilization Ratio (2011 - 2026)
Laredo Oil's (LRDC) Asset Utilization Ratio was 0.00 for fiscal Q3 2026 (quarter ended Feb 28, 2026), down 68.4% from 0.01 a year earlier and down 31.8% from the prior quarter.
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Analysis
Laredo Oil (LRDC) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Dating back to fiscal Q1 2012, Laredo Oil's Asset Utilization Ratio record includes 53 quarters.
- By fiscal year, Asset Utilization Ratio came in at 0.02 in FY2024, 0.21 in FY2022 (-90.1%) and 2.09 in FY2021 (-74.6%).
- The fiscal Q3 2026 figure ranks as the lowest quarterly Asset Utilization Ratio in data going back to fiscal Q1 2012.
- Year over year, Asset Utilization Ratio has now declined in each of the last five quarters, with an average decline of 59.4% over the last five quarters.
- Over the past five years, the year-over-year decline in Asset Utilization Ratio ranged from 10.4% (fiscal Q3 2025) to 97.2% (fiscal Q2 2023).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at 0.00 (Q2 2026), 0.00 (Q1 2026) and 0.00 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 541.34 Bn | 451.89 Bn | 30.13 Bn | 0.79 |
| 2 | Chevron | 403.85 Bn | 381.64 Bn | 33.45 Bn | 0.65 |
| 3 | TotalEnergies SE | 193.34 Bn | 76.47 Bn | - | 0.53 |
| 4 | Eni Spa | 172.00 Bn | 121.52 Bn | - | 0.57 |
| 5 | Conocophillips | 150.68 Bn | 123.39 Bn | 12.81 Bn | 0.53 |
| 6 | Equinor Asa | 103.39 Bn | 49.45 Bn | - | 83.27 |
| 7 | Phillips 66 | 100.64 Bn | 89.62 Bn | 8.38 Bn | 1.89 |
| 8 | Canadian Natural Resources | 98.19 Bn | 95.14 Bn | - | - |
| 9 | Suncor Energy | 80.57 Bn | 66.37 Bn | - | 0.60 |
| 10 | Laredo Oil | 44.26 Mn | 42.76 Mn | - | 0.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Feb 28, 2026 | 0.00 |
| Nov 30, 2025 | 0.00 |
| Aug 31, 2025 | 0.00 |
| May 31, 2025 | 0.00 |
| Feb 28, 2025 | 0.01 |
| Nov 30, 2024 | 0.01 |
| Aug 31, 2024 | 0.01 |
| May 31, 2024 | 0.01 |
| Feb 29, 2024 | 0.01 |
| Nov 30, 2022 | 0.02 |
| Aug 31, 2022 | 0.09 |
| May 31, 2022 | 0.21 |
| Feb 28, 2022 | 0.34 |
| Nov 30, 2021 | 0.84 |
| Aug 31, 2021 | 1.24 |
| May 31, 2021 | 1.58 |
| Feb 28, 2021 | 1.52 |
| Nov 30, 2020 | 2.05 |
| Aug 31, 2020 | 4.63 |
| May 31, 2020 | 6.95 |
API Access
Laredo Oil Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=LRDC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "LRDC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=LRDC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();