Laredo Oil (LRDC) Debt Ratio (2009 - 2026)
Laredo Oil's (LRDC) Debt Ratio was 1.72 for fiscal Q1 2027 (quarter ended Aug 31, 2026), up 58.1% from 1.09 a year earlier and up 26.6% from the prior quarter.
Laredo Oil (LRDC) Debt Ratio (2009 - 2026) Analysis & Trends
Over the twelve months ended Aug 31, 2026, Laredo Oil's Debt Ratio came in at 7.10, up 58.3% year-over-year; for FY2026 (ended May 31, 2026), it was 1.36, up 11.1% from FY2025.
- By fiscal year, Debt Ratio came in at 1.23 in FY2025 (+76.4%), 0.69 in FY2024 (-84.1%), 4.36 in FY2023 (+578.5%) and 0.64 in FY2022 (-63.9%).
- The fiscal Q1 2027 figure ranks as the highest quarterly Debt Ratio since fiscal Q2 2024.
- Year over year, Debt Ratio has now increased in each of the last six quarters, with growth averaging 78.5% over the last eight quarters.
- The high point for year-over-year Debt Ratio in five years was fiscal Q4 2023 (growth of 578.5%); the low point was fiscal Q2 2025 (a decline of 86.6%).
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at 1.36 (Q4 2026), 1.19 (Q3 2026) and 1.01 (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 0.07 |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | 0.16 |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 0.10 |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | - |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 0.22 |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 0.18 |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 16.74 |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | - |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 0.22 |
| 10 | Laredo Oil | 44.46 Mn | 43.06 Mn | - | 2.85 |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 2.85 |
| May 31, 2026 | 2.24 |
| Feb 28, 2026 | 1.19 |
| Nov 30, 2025 | 1.01 |
| Aug 31, 2025 | 1.09 |
| May 31, 2025 | 1.23 |
| Feb 28, 2025 | 0.33 |
| Nov 30, 2024 | 0.37 |
| Aug 31, 2024 | 0.41 |
| May 31, 2024 | 0.69 |
| Feb 29, 2024 | 308,766.92 |
| Nov 30, 2023 | 2.77 |
| Aug 31, 2023 | 1.81 |
| May 31, 2023 | 990,365.85 |
| Feb 28, 2023 | 0.52 |
| Aug 31, 2022 | 0.45 |
| May 31, 2022 | 0.64 |
| Feb 28, 2022 | 0.60 |
| Nov 30, 2021 | 0.85 |
| Aug 31, 2021 | 1.05 |
Laredo Oil Debt 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=debt-ratio&ticker=LRDC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-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=debt-ratio&ticker=LRDC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();