Laredo Oil (LRDC) Debt Ratio (2011 - 2026)
Laredo Oil's (LRDC) quarterly Debt Ratio came in at 0.64 in Q1 2026, up 261.5% year-over-year from 0.18 in Q1 2025, and up 18.25% quarter-over-quarter from 0.54 in Q4 2025.
Analysis
Laredo Oil (LRDC) Debt Ratio (2011 - 2026) Analysis & Trends
Laredo Oil has disclosed Debt Ratio across 16 years of filings, most recently posting 0.64 for Q1 2026.
- In Q1 2026, Debt Ratio rose 261.5% year-over-year to 0.64; the TTM figure through Feb 2026 stood at 0.64 (up 261.5% YoY), while the FY2025 annual figure was 0.66, up 73.2% from the prior year.
- Debt Ratio came in at 0.64 for Q1 2026 at Laredo Oil, up from 0.54 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 3.37 in Q2 2023 to a low of 0.18 in Q1 2025.
- Average Debt Ratio over 5 years is 0.84, with a median of 0.54 recorded in 2025.
- Year-over-year, Debt Ratio soared 719.86% in 2023 and slumped 92.81% in 2024.
- Over 5 years, Debt Ratio stood at 0.75 in 2022, then jumped by 271.9% to 2.77 in 2023, then sank by 92.81% to 0.2 in 2024, then surged by 170.63% to 0.54 in 2025, then climbed by 18.25% to 0.64 in 2026.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.64 in Q1 2026, 0.54 in Q4 2025, and 0.58 in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 166.07 Bn | 158.38 Bn | 12.81 Bn | 0.19 |
| 2 | Canadian Natural Resources | 107.37 Bn | 105.48 Bn | 8.84 Bn | - |
| 3 | Eog Resources | 77.26 Bn | 72.36 Bn | - | 0.14 |
| 4 | Diamondback Energy | 56.93 Bn | 56.47 Bn | 5.55 Bn | 0.18 |
| 5 | Devon Energy | 45.90 Bn | 44.89 Bn | 6.02 Bn | 0.20 |
| 6 | Expand Energy | 23.03 Bn | 21.76 Bn | 2.33 Bn | 0.13 |
| 7 | Permian Resources | 19.81 Bn | 19.55 Bn | - | 0.16 |
| 8 | Ovintiv | 18.04 Bn | 17.15 Bn | 2.83 Bn | 0.19 |
| 9 | Apa | 15.80 Bn | 15.36 Bn | 2.28 Bn | 0.21 |
| 10 | Laredo Oil | 50.47 Mn | 50.20 Mn | - | 0.64 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Feb 28, 2026 | 0.64 |
| Nov 30, 2025 | 0.54 |
| Aug 31, 2025 | 0.58 |
| May 31, 2025 | 0.66 |
| Feb 28, 2025 | 0.18 |
| Nov 30, 2024 | 0.20 |
| Aug 31, 2024 | 0.23 |
| May 31, 2024 | 0.38 |
| Feb 29, 2024 | 0.44 |
| Nov 30, 2023 | 2.77 |
| Aug 31, 2023 | 1.81 |
| May 31, 2023 | 3.37 |
| Feb 28, 2023 | 0.40 |
| Nov 30, 2022 | 0.75 |
| Aug 31, 2022 | 0.29 |
| May 31, 2022 | 0.41 |
| Feb 28, 2022 | 0.60 |
| Nov 30, 2021 | 0.51 |
| Aug 31, 2021 | 0.78 |
| May 31, 2021 | 1.33 |