Laredo Oil annual net debt
2019
2020
2022
2023
2024
2025
Laredo Oil Net Debt Growth & History (LRDC)
Laredo Oil's net debt was $3.9M for fiscal 2025.
View full Laredo Oil company overviewLaredo Oil annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-05-31 | $3.9M | $3.9M | — |
| 2024 | 2024-05-31 | −$19,826 | −$845,870 | — |
| 2023 | 2023-05-31 | $826,044 | $600,189 | +265.74% |
| 2022 | 2022-05-31 | $225,855 | — | — |
| 2020 | 2020-05-31 | −$298,855 | −$9,296 | — |
| 2019 | 2019-05-31 | −$289,559 | — | — |
Laredo Oil quarterly net debt
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 | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-02-28 | $4.5M | $1.4M | +44.89% |
| Q2 2026 | 2025-11-30 | $4.4M | $4.4M | +10750.58% |
| Q4 2025 | 2025-05-31 | $3.9M | $3.9M | — |
| Q3 2025 | 2025-02-28 | $3.1M | $2.7M | +738.75% |
| Q2 2025 | 2024-11-30 | $40,558 | −$778,756 | −95.05% |
| Q1 2025 | 2024-08-31 | $18,317 | −$857,120 | −97.91% |
| Q4 2024 | 2024-05-31 | −$19,826 | −$845,870 | — |
| Q3 2024 | 2024-02-29 | $371,877 | −$589,655 | −61.32% |
| Q2 2024 | 2023-11-30 | $819,314 | — | — |
| Q1 2024 | 2023-08-31 | $875,437 | $685,369 | +360.59% |
| Q4 2023 | 2023-05-31 | $826,044 | $600,189 | +265.74% |
| Q3 2023 | 2023-02-28 | $961,532 | $890,106 | +1246.19% |
| Q1 2023 | 2022-08-31 | $190,068 | — | — |
| Q4 2022 | 2022-05-31 | $225,855 | — | — |
| Q3 2022 | 2022-02-28 | $71,426 | $1.3M | — |
| Q2 2022 | 2021-11-30 | −$164,656 | −$357,513 | — |
| Q3 2021 | 2021-02-28 | −$1.3M | −$902,207 | — |
| Q2 2021 | 2020-11-30 | $192,857 | $576,529 | — |
| Q1 2021 | 2020-08-31 | $284,861 | $606,289 | — |
| Q4 2020 | 2020-05-31 | −$298,855 | −$9,296 | — |
| Q3 2020 | 2020-02-29 | −$357,185 | — | — |
| Q2 2020 | 2019-11-30 | −$383,672 | — | — |
| Q1 2020 | 2019-08-31 | −$321,428 | — | — |
| Q4 2019 | 2019-05-31 | −$289,559 | — | — |
Laredo Oil net debt trends
Over the last five fiscal years, Laredo Oil's net debt increased from −$298,855 to $3.9M, a change of $4.2M. The latest reported quarter, Q3 2026, shows $4.5M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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