Laredo Oil (LRDC) Payables (2011 - 2026)
Laredo Oil (LRDC) reported Payables of $2.34 million for fiscal Q3 2026 (quarter ended Feb 28, 2026), down 6.7% from $2.51 million a year earlier but up 6.7% from the prior quarter.
Laredo Oil (LRDC) Payables (2011 - 2026) Analysis & Trends
At the end of FY2025 (ended May 31, 2025), Laredo Oil posted Payables of $2.09 million, down 13.3% from FY2024.
- Payables has a five-year compound annual growth rate of 33.4% (FY2020 to FY2025).
- By fiscal year, Payables came in at $2.41 million in FY2024 (-22.4%), $3.1 million in FY2023 (+96.7%), $1.58 million in FY2022 (+6.0%) and $1.49 million in FY2021 (+200.9%).
- Five-year quarterly Payables spans a low of $259,256 in fiscal Q1 2022 and a high of $3.3 million in fiscal Q1 2024.
- Year over year, Payables has now declined in each of the last nine quarters, with an average decline of 15.3% over the last eight quarters.
- The high point for year-over-year Payables in five years was fiscal Q2 2024 (growth of 827.2%); the low point was fiscal Q2 2022 (a decline of 86.4%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $2.19 million (Q2 2026), $2.19 million (Q1 2026) and $2.09 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn | 7.29 Bn |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn | 24.82 Bn |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - | 54.62 Bn |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - | 29.42 Bn |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn | 6.76 Bn |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - | 11.95 Bn |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn | 12.05 Bn |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - | 1.13 Bn |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - | 8.79 Bn |
| 10 | Laredo Oil | 46.59 Mn | 45.09 Mn | - | 2.34 Mn |
Historic Data
| Date | Value |
|---|---|
| Feb 28, 2026 | 2.34 Mn |
| Nov 30, 2025 | 2.19 Mn |
| Aug 31, 2025 | 2.19 Mn |
| May 31, 2025 | 2.09 Mn |
| Feb 28, 2025 | 2.51 Mn |
| Nov 30, 2024 | 2.66 Mn |
| Aug 31, 2024 | 2.68 Mn |
| May 31, 2024 | 2.41 Mn |
| Feb 29, 2024 | 2.75 Mn |
| Nov 30, 2023 | 3.19 Mn |
| Aug 31, 2023 | 3.30 Mn |
| May 31, 2023 | 3.10 Mn |
| Feb 28, 2023 | 2.89 Mn |
| Nov 30, 2022 | 344,099.00 |
| Aug 31, 2022 | 2.03 Mn |
| May 31, 2022 | 1.58 Mn |
| Feb 28, 2022 | 913,585.00 |
| Nov 30, 2021 | 329,914.00 |
| Aug 31, 2021 | 259,256.00 |
| May 31, 2021 | 1.49 Mn |
Laredo Oil Payables 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=payables&ticker=LRDC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=LRDC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();