Largo annual debt-to-equity ratio
2020
2021
2022
2023
2024
2025
Largo Debt-to-Equity Ratio Growth & History (LGO)
Largo's debt-to-equity ratio was 0.82 for fiscal 2025.
View full Largo company overviewLargo annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.82 | 0.26 | +46.70% |
| 2024 | 2024-12-31 | 0.56 | 0.25 | +81.92% |
| 2023 | 2023-12-31 | 0.31 | 0.15 | +94.22% |
| 2022 | 2022-12-31 | 0.16 | 0.09 | +139.90% |
| 2021 | 2021-12-31 | 0.07 | −0.03 | −34.14% |
| 2020 | 2020-12-31 | 0.10 | — | — |
Largo quarterly debt-to-equity ratio
Q4.21
Q4.22
Q4.23
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.86 | 0.28 | +48.09% |
| Q1 2026 | 2026-03-31 | 0.73 | 0.17 | +30.63% |
| Q4 2025 | 2025-12-31 | 0.82 | 0.26 | +46.70% |
| Q3 2025 | 2025-09-30 | 0.81 | — | — |
| Q2 2025 | 2025-06-30 | 0.58 | — | — |
| Q1 2025 | 2025-03-31 | 0.56 | — | — |
| Q4 2024 | 2024-12-31 | 0.56 | 0.25 | +81.92% |
| Q4 2023 | 2023-12-31 | 0.31 | 0.15 | +94.22% |
| Q4 2022 | 2022-12-31 | 0.16 | 0.09 | +139.90% |
| Q4 2021 | 2021-12-31 | 0.07 | — | — |
Largo debt-to-equity ratio trends
Over the last five fiscal years, Largo's debt-to-equity ratio increased from 0.10 to 0.82, a change of 0.72. The latest reported quarter, Q2 2026, shows 0.86.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Largo source filings ↗