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
DE
Fiscal year end
May 31
Former names
Laredo Mining, Inc. (to 10/22/2009)
Latest financial report
10-Q - Q3 2024 - Oct 21, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 13 %
Debt-to-equity -158 %
Return On Equity 26 %
Return On Assets -44.8 %
Operating Margin -6.36K %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 73.8M shares +9.15%
Common Stock, Shares, Outstanding 72.9M shares +10.1%
Entity Public Float 2.67M USD +82.9%
Common Stock, Value, Issued 7.29K USD +10.1%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 42.5K USD
Cost of Revenue 1.29M USD -73.1%
Operating Income (Loss) -2.7M USD +64.1%
Net Income (Loss) Attributable to Parent -2.22M USD +58.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 106K USD
Assets, Current 2.03M USD +851%
Property, Plant and Equipment, Net 2.6M USD +427%
Assets 4.67M USD +534%
Accounts Payable, Current 2.56M USD +5.72%
Accrued Liabilities, Current 3.36M USD +35%
Liabilities, Current 14.8M USD +42.9%
Liabilities 15.9M USD +45.6%
Retained Earnings (Accumulated Deficit) -23.2M USD -10.6%
Stockholders' Equity Attributable to Parent -11.2M USD -10.3%
Liabilities and Equity 4.67M USD +534%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -253K USD -158%
Net Cash Provided by (Used in) Financing Activities 1.96M USD +1459%
Net Cash Provided by (Used in) Investing Activities -1.76M USD -4504%
Common Stock, Shares Authorized 120M shares 0%
Common Stock, Shares, Issued 72.9M shares +10.1%
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 -54.9K USD -408%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.94M USD +65481%
Interest Paid, Excluding Capitalized Interest, Operating Activities 25.4K USD +73.7%
Deferred Tax Assets, Valuation Allowance 1.99M USD +49.2%
Depreciation 6.8K USD +51.8%
Payments to Acquire Property, Plant, and Equipment 303 USD
Property, Plant and Equipment, Gross 194K USD
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 12M USD +10.8%
Preferred Stock, Shares Outstanding 0 shares
Interest Expense 524K USD -4.22%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%