Growth Metrics

Laredo Oil (LRDC) Interest Coverage Ratio (2016 - 2026)

Laredo Oil's Interest Coverage Ratio history spans 16 years, with the latest figure at 7.07 for Q1 2026.

  • Quarterly results put Interest Coverage Ratio at 7.07 for Q1 2026, down 35.78% from a year ago — trailing twelve months through Feb 2026 was 6.99 (down 33.57% YoY), and the annual figure for FY2025 was 6.79, down 2.31%.
  • Interest Coverage Ratio for Q1 2026 was 7.07 at Laredo Oil, up from 9.62 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 2.5 in Q3 2025 to a low of 21.63 in Q2 2023.
  • The 5-year median for Interest Coverage Ratio is 7.07 (2026), against an average of 8.78.
  • The sharpest move saw Interest Coverage Ratio tumbled 617.91% in 2022, then soared 79.54% in 2024.
  • Year by year, Interest Coverage Ratio stood at 6.34 in 2022, then fell by 12.5% to 7.14 in 2023, then rose by 6.31% to 6.69 in 2024, then crashed by 43.87% to 9.62 in 2025, then rose by 26.48% to 7.07 in 2026.
  • According to Business Quant data, Interest Coverage Ratio over the past three periods came in at 7.07, 9.62, and 2.5 for Q1 2026, Q4 2025, and Q3 2025 respectively.