Laredo Oil annual debt-to-assets ratio
2019
2020
2022
2023
2024
2025
Laredo Oil Debt-to-Assets Ratio Growth & History (LRDC)
Laredo Oil's debt-to-assets ratio was 2.74 for fiscal 2025.
View full Laredo Oil company overviewLaredo Oil annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-05-31 | 2.74 | 2.70 | +7059.69% |
| 2024 | 2024-05-31 | 0.04 | −1.51 | −97.53% |
| 2023 | 2023-05-31 | 1.55 | 1.46 | +1611.40% |
| 2022 | 2022-05-31 | 0.09 | — | — |
| 2020 | 2020-05-31 | 0.76 | 0.76 | — |
| 2019 | 2019-05-31 | 0.00 | — | — |
Laredo Oil quarterly debt-to-assets ratio
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q2.22
Q3.22
Q4.22
Q1.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q2.26
Q3.26
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-02-28 | 3.37 | 2.80 | +487.08% |
| Q2 2026 | 2025-11-30 | 2.90 | 2.89 | +30082.82% |
| Q4 2025 | 2025-05-31 | 2.74 | 2.70 | +7059.69% |
| Q3 2025 | 2025-02-28 | 0.57 | 0.45 | +349.73% |
| Q2 2025 | 2024-11-30 | 0.01 | −1.33 | −99.28% |
| Q1 2025 | 2024-08-31 | 0.03 | −1.17 | −97.78% |
| Q4 2024 | 2024-05-31 | 0.04 | −1.51 | −97.53% |
| Q3 2024 | 2024-02-29 | 0.13 | −0.07 | −34.20% |
| Q2 2024 | 2023-11-30 | 1.34 | — | — |
| Q1 2024 | 2023-08-31 | 1.19 | 1.13 | +1841.80% |
| Q4 2023 | 2023-05-31 | 1.55 | 1.46 | +1611.40% |
| Q3 2023 | 2023-02-28 | 0.19 | 0.11 | +143.17% |
| Q1 2023 | 2022-08-31 | 0.06 | — | — |
| Q4 2022 | 2022-05-31 | 0.09 | — | — |
| Q3 2022 | 2022-02-28 | 0.08 | −0.12 | −59.74% |
| Q2 2022 | 2021-11-30 | 0.06 | −0.79 | −93.39% |
| Q3 2021 | 2021-02-28 | 0.20 | 0.20 | — |
| Q2 2021 | 2020-11-30 | 0.84 | 0.84 | — |
| Q1 2021 | 2020-08-31 | 0.72 | 0.72 | — |
| Q4 2020 | 2020-05-31 | 0.76 | 0.76 | — |
| Q3 2020 | 2020-02-29 | 0.00 | — | — |
| Q2 2020 | 2019-11-30 | 0.00 | — | — |
| Q1 2020 | 2019-08-31 | 0.00 | — | — |
| Q4 2019 | 2019-05-31 | 0.00 | — | — |
Laredo Oil debt-to-assets ratio trends
Over the last five fiscal years, Laredo Oil's debt-to-assets ratio increased from 0.76 to 2.74, a change of 1.98. The latest reported quarter, Q3 2026, shows 3.37.
About the metric
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
Calculation and source
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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