Laredo Oil (LRDC) Interest Expenses (2010 - 2026)
Laredo Oil's Interest Expenses came in at $151,100 for fiscal Q3 2026 (quarter ended Feb 28, 2026), up 29.4% from $116,750 a year earlier but down 51.0% from the prior quarter.
Laredo Oil (LRDC) Interest Expenses (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Feb 28, 2026, Laredo Oil reported Interest Expenses of $868,943, up 75.5% year-over-year; for FY2025 (ended May 31, 2025), it came in at $489,265, down 4.2% from FY2024.
- Interest Expenses carries a five-year compound annual growth rate of 68.5% (FY2020 to FY2025).
- Going back by fiscal year, Interest Expenses was $510,765 in FY2024 (+0.2%), $509,790 in FY2023 (+274.5%), $136,112 in FY2022 (+160.6%) and $52,231 in FY2021 (+44.9%).
- The five-year range for quarterly Interest Expenses is $12,366 (fiscal Q1 2022) to $308,160 (fiscal Q2 2026).
- Year-over-year, Interest Expenses has increased for three consecutive quarters, with growth averaging 34.2% over the last eight quarters.
- The fastest year-over-year change in Interest Expenses over five years came in fiscal Q1 2023 (growth of 567.6%), and the weakest in fiscal Q4 2024 (a decline of 39.3%).
- Business Quant data shows LRDC's Interest Expenses at $308,160 (Q2 2026), $276,319 (Q1 2026) and $133,364 (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | 799.00 Mn |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | 352.00 Mn |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | -1.39 Bn |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | 412.64 Mn |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 182.00 Mn |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | - |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | 314.00 Mn |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | 172.06 Mn |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | - |
| 10 | Laredo Oil | 50.55 Mn | 48.88 Mn | - | 153,442.00 |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 153,442.00 |
| Feb 28, 2026 | 151,100.00 |
| Nov 30, 2025 | 308,160.00 |
| Aug 31, 2025 | 276,319.00 |
| May 31, 2025 | 133,364.00 |
| Feb 28, 2025 | 116,750.00 |
| Nov 30, 2024 | 104,941.00 |
| Aug 31, 2024 | 133,643.00 |
| May 31, 2024 | 139,729.00 |
| Feb 29, 2024 | 128,760.00 |
| Nov 30, 2023 | 122,145.00 |
| Aug 31, 2023 | 120,131.00 |
| May 31, 2023 | 230,143.00 |
| Feb 28, 2023 | 98,591.00 |
| Nov 30, 2022 | 98,502.00 |
| Aug 31, 2022 | 82,554.00 |
| May 31, 2022 | 86,808.00 |
| Feb 28, 2022 | 19,881.00 |
| Nov 30, 2021 | 17,057.00 |
| Aug 31, 2021 | 12,366.00 |
Laredo Oil Interest Expenses 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=interest-expenses&ticker=LRDC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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=interest-expenses&ticker=LRDC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();