Laredo Oil (LRDC) Interest Coverage Ratio (2010 - 2026)
Laredo Oil's (LRDC) quarterly Interest Coverage Ratio came in at 7.07 in Q1 2026, down 35.78% year-over-year from 11.01 in Q1 2025, and up 26.48% quarter-over-quarter from 9.62 in Q4 2025.
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Analysis
Laredo Oil (LRDC) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Laredo Oil has disclosed Interest Coverage Ratio across 17 years of filings, most recently posting 7.07 for Q1 2026.
- In Q1 2026, Interest Coverage Ratio fell 35.78% year-over-year to 7.07; the TTM figure through Feb 2026 stood at 6.99 (down 33.57% YoY), while the FY2025 annual figure was 6.79, down 2.31% from the prior year.
- Interest Coverage Ratio came in at 7.07 for Q1 2026 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.
- Average Interest Coverage Ratio over 5 years is 8.78, with a median of 7.07 recorded in 2026.
- Year-over-year, Interest Coverage Ratio sank 617.91% in 2022 and soared 79.54% in 2024.
- Over 5 years, Interest Coverage Ratio stood at 6.34 in 2022, then slipped by 12.5% to 7.14 in 2023, then climbed by 6.31% to 6.69 in 2024, then slumped by 43.87% to 9.62 in 2025, then climbed by 26.48% to 7.07 in 2026.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 7.07 in Q1 2026, 9.62 in Q4 2025, and 2.5 in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 166.07 Bn | 158.38 Bn | 12.81 Bn | 57.03 |
| 2 | Canadian Natural Resources | 107.37 Bn | 105.48 Bn | 8.84 Bn | 50.73 |
| 3 | Eog Resources | 77.26 Bn | 72.36 Bn | - | 52.66 |
| 4 | Diamondback Energy | 56.93 Bn | 56.47 Bn | 5.55 Bn | - |
| 5 | Devon Energy | 45.90 Bn | 44.89 Bn | 6.02 Bn | 16.56 |
| 6 | Expand Energy | 23.03 Bn | 21.76 Bn | 2.33 Bn | 15.37 |
| 7 | Permian Resources | 19.81 Bn | 19.55 Bn | - | 15.56 |
| 8 | Ovintiv | 18.04 Bn | 17.15 Bn | 2.83 Bn | 9.94 |
| 9 | Apa | 15.80 Bn | 15.36 Bn | 2.28 Bn | 19.91 |
| 10 | Laredo Oil | 50.47 Mn | 50.20 Mn | - | -7.07 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Feb 28, 2026 | -7.07 |
| Nov 30, 2025 | -9.62 |
| Aug 31, 2025 | -2.50 |
| May 31, 2025 | -10.14 |
| Feb 28, 2025 | -5.21 |
| Nov 30, 2024 | -6.69 |
| Aug 31, 2024 | -4.97 |
| May 31, 2024 | -4.42 |
| Feb 29, 2024 | -4.28 |
| Nov 30, 2023 | -7.14 |
| Aug 31, 2023 | -11.23 |
| May 31, 2023 | -21.63 |
| Feb 28, 2023 | -5.99 |
| Nov 30, 2022 | -6.34 |
| Aug 31, 2022 | -11.24 |
| May 31, 2022 | -9.19 |
| Feb 28, 2022 | -21.52 |
| Nov 30, 2021 | -29.50 |
| Aug 31, 2021 | -38.00 |
| May 31, 2021 | -28.99 |