Laredo Oil (LRDC) Debt Ratio (2011 - 2026)
Laredo Oil (LRDC) posted Debt Ratio of 0.55 for Q1 2026, up 17.89% sequentially from 0.47 in Q4 2025, and up 257.54% YoY from 0.15 in Q1 2025.
Laredo Oil (LRDC) Debt Ratio (2011 - 2026) Analysis & Trends
Laredo Oil has reported Debt Ratio for 16 years, with the latest figure at 0.55 in Q1 2026.
- Quarterly Debt Ratio rose 257.54% year-over-year to 0.55 in Q1 2026, while the trailing twelve-month figure through Feb 2026 was 0.55 (up 257.54% YoY) and the FY2025 annual result came in at 0.61, up 93.62% from the prior year.
- Debt Ratio rose to 0.55 in Q1 2026 per LRDC's latest filing, from 0.47 in the prior quarter.
- Over five years, Debt Ratio peaked at 1.43 in Q4 2023 and troughed at 0.12 in Q3 2022.
- A 5-year average of 0.53 and a median of 0.47 in 2025 frame the typical range for Debt Ratio.
- The sharpest annual moves came in 2023 and 2024: Debt Ratio soared 400.85% in 2023, then tumbled 87.01% in 2024.
- Over 5 years, Debt Ratio stood at 0.56 in 2022, then jumped by 156.09% to 1.43 in 2023, then sank by 87.01% to 0.19 in 2024, then jumped by 150.19% to 0.47 in 2025, then grew by 17.89% to 0.55 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.55, 0.47, and 0.51 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 0.19 |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | - |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 0.14 |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 0.18 |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 0.18 |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 0.17 |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 0.14 |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | - |
| 10 | Laredo Oil | 36.52 Mn | 36.26 Mn | - | 0.59 |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 0.55 |
| Nov 30, 2025 | 0.47 |
| Aug 31, 2025 | 0.51 |
| May 31, 2025 | 0.61 |
| Feb 28, 2025 | 0.15 |
| Nov 30, 2024 | 0.19 |
| Aug 31, 2024 | 0.19 |
| May 31, 2024 | 0.32 |
| Feb 29, 2024 | 0.31 |
| Nov 30, 2023 | 1.43 |
| Aug 31, 2023 | 0.62 |
| May 31, 2023 | 0.99 |
| Feb 28, 2023 | 0.33 |
| Nov 30, 2022 | 0.56 |
| Aug 31, 2022 | 0.12 |
| May 31, 2022 | 0.40 |
| Feb 28, 2022 | 1.22 |
| Nov 30, 2021 | 1.51 |
| Aug 31, 2021 | 0.75 |
| May 31, 2021 | 0.22 |