Laredo Oil, Inc. financial data

Symbol
LRDC on OTC
Industry
Crude Petroleum & Natural Gas
Location
2021 Guadalupe Street,, Ste. 260, Austin, TX
State of incorporation
Delaware
Fiscal year end
May 31
Former names
Laredo Mining, Inc. (to 10/22/2009)
Latest financial report
10-Q - Q1 2024 - Apr 19, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 6.37 %
Debt-to-equity -202 %
Return On Equity 23.8 % +441%
Return On Assets -17 % -352%
Operating Margin -26K %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 71.8M shares +21.4%
Common Stock, Shares, Outstanding 71.5M shares +24.8%
Entity Public Float 2.67M USD +82.9%
Common Stock, Value, Issued 7.15K USD +24.9%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 12.7K USD
Cost of Revenue 1.29M USD -73.1%
Operating Income (Loss) -3.3M USD -12.3%
Net Income (Loss) Attributable to Parent -336K USD +51.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 2.28K USD
Assets, Current 2.33M USD +6093%
Property, Plant and Equipment, Net 4.71M USD +2.81%
Assets 7.26M USD +45.6%
Accounts Payable, Current 2.04M USD +6.57%
Accrued Liabilities, Current 2.94M USD +41.1%
Liabilities, Current 12.2M USD +35.3%
Liabilities 13.2M USD +35.8%
Retained Earnings (Accumulated Deficit) -17.2M USD -20.5%
Stockholders' Equity Attributable to Parent -5.9M USD -25.4%
Liabilities and Equity 7.26M USD +45.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -73.4K USD +81.8%
Net Cash Provided by (Used in) Financing Activities 125K USD -90.8%
Net Cash Provided by (Used in) Investing Activities -62.8K USD +93.4%
Common Stock, Shares Authorized 120M shares +33.3%
Common Stock, Shares, Issued 71.5M shares +24.8%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -10.8K USD -244%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.89M USD +26307%
Interest Paid, Excluding Capitalized Interest, Operating Activities 14.6K USD -50.5%
Deferred Tax Assets, Valuation Allowance 1.99M USD +49.2%
Depreciation 5.1K USD -60.4%
Payments to Acquire Property, Plant, and Equipment 303 USD
Property, Plant and Equipment, Gross 252K USD -47.5%
Deferred Tax Assets, Operating Loss Carryforwards 1.16M USD +76.6%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10M shares 0%
Additional Paid in Capital 11.3M USD +18.1%
Preferred Stock, Shares Outstanding 0 shares
Interest Expense 464K USD +26.6%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%