Laredo Oil (LRDC) Debt Ratio (2011 - 2026)
Laredo Oil's (LRDC) Debt Ratio was 0.59 for fiscal Q3 2026 (quarter ended Feb 28, 2026), up 259.7% from 0.16 a year earlier and up 18.1% from the prior quarter.
Laredo Oil (LRDC) Debt Ratio (2011 - 2026) Analysis & Trends
For FY2025 (ended May 31, 2025), Debt Ratio at Laredo Oil was 0.61, up 72.7% from FY2024.
- By fiscal year, Debt Ratio came in at 0.35 in FY2024 (-86.0%), 2.54 in FY2023 (+688.4%), 0.32 in FY2022 (-63.8%) and 0.89 in FY2021 (+17.2%).
- Five-year quarterly Debt Ratio spans a low of 0.16 in fiscal Q3 2025 and a high of 2.77 in fiscal Q2 2024.
- Year over year, Debt Ratio has now increased in each of the last four quarters, with growth averaging 41.0% over the last eight quarters.
- The high point for year-over-year Debt Ratio in five years was fiscal Q1 2024 (growth of 707.2%); the low point was fiscal Q2 2025 (a decline of 93.3%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at 0.50 (Q2 2026), 0.55 (Q1 2026) and 0.61 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 541.34 Bn | 451.89 Bn | 30.13 Bn | 0.17 |
| 2 | Chevron | 403.85 Bn | 381.64 Bn | 33.45 Bn | 0.00 |
| 3 | TotalEnergies SE | 193.34 Bn | 76.47 Bn | - | 0.11 |
| 4 | Eni Spa | 172.00 Bn | 121.52 Bn | - | 0.21 |
| 5 | Conocophillips | 150.68 Bn | 123.39 Bn | 12.81 Bn | 0.19 |
| 6 | Equinor Asa | 103.39 Bn | 49.45 Bn | - | - |
| 7 | Phillips 66 | 100.64 Bn | 89.62 Bn | 8.38 Bn | 0.25 |
| 8 | Canadian Natural Resources | 98.19 Bn | 95.14 Bn | - | - |
| 9 | Suncor Energy | 80.57 Bn | 66.37 Bn | - | 0.10 |
| 10 | Laredo Oil | 44.26 Mn | 42.76 Mn | - | 0.59 |
Historic Data
| Date | Value |
|---|---|
| Feb 28, 2026 | 0.59 |
| Nov 30, 2025 | 0.50 |
| Aug 31, 2025 | 0.55 |
| May 31, 2025 | 0.61 |
| Feb 28, 2025 | 0.16 |
| Nov 30, 2024 | 0.19 |
| Aug 31, 2024 | 0.21 |
| May 31, 2024 | 0.35 |
| Feb 29, 2024 | 0.44 |
| Nov 30, 2023 | 2.77 |
| Aug 31, 2023 | 1.81 |
| May 31, 2023 | 2.54 |
| Feb 28, 2023 | 0.32 |
| Nov 30, 2022 | 0.34 |
| Aug 31, 2022 | 0.22 |
| May 31, 2022 | 0.32 |
| Feb 28, 2022 | 0.60 |
| Nov 30, 2021 | 0.42 |
| Aug 31, 2021 | 0.52 |
| May 31, 2021 | 0.89 |
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();