Laredo Oil (LRDC) Interest Coverage Ratio (2010 - 2026)
Laredo Oil (LRDC) posted Interest Coverage Ratio of 7.07 for Q1 2026, up 26.48% sequentially from 9.62 in Q4 2025, and down 35.78% YoY from 11.01 in Q1 2025.
Laredo Oil (LRDC) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Laredo Oil has reported Interest Coverage Ratio for 17 years, with the latest figure at 7.07 in Q1 2026.
- Quarterly Interest Coverage Ratio fell 35.78% year-over-year to 7.07 in Q1 2026, while the trailing twelve-month figure through Feb 2026 was 5.23 (down 63.48% YoY) and the FY2025 annual result came in at 0.79, up 17.47% from the prior year.
- Interest Coverage Ratio improved to 7.07 in Q1 2026 per LRDC's latest filing, from 9.62 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 1.36 in Q2 2024 and troughed at 21.63 in Q2 2023.
- A 5-year average of 8.19 and a median of 6.69 in 2024 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2022 and 2024: Interest Coverage Ratio slumped 617.91% in 2022, then soared 93.71% in 2024.
- Over 5 years, Interest Coverage Ratio stood at 6.34 in 2022, then declined by 12.5% to 7.14 in 2023, then increased by 6.31% to 6.69 in 2024, then plunged by 43.87% to 9.62 in 2025, then increased by 26.48% to 7.07 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 7.07, 9.62, and 2.5 for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 57.03 |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 61.27 |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 52.66 |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | - |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 16.56 |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 29.51 |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 5.22 |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | 197.14 |
| 10 | Laredo Oil | 36.52 Mn | 36.26 Mn | - | -7.07 |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | -7.07 |
| Nov 30, 2025 | -9.62 |
| Aug 31, 2025 | -2.50 |
| May 31, 2025 | -3.18 |
| Feb 28, 2025 | -5.21 |
| Nov 30, 2024 | -6.69 |
| Aug 31, 2024 | -4.97 |
| May 31, 2024 | -1.36 |
| 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 |