Laredo Oil, Inc. Annual Depreciation in USD from 2019 to 2023

Taxonomy & unit
us-gaap: USD
Description
The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation.
Summary
Laredo Oil, Inc. quarterly/annual Depreciation history and growth rate from 2019 to 2023.
  • Laredo Oil, Inc. Depreciation for the quarter ending August 31, 2024 was $6.8K, a 51.8% increase year-over-year.
  • Laredo Oil, Inc. annual Depreciation for 2023 was $17.9K, a 51.9% decline from 2022.
  • Laredo Oil, Inc. annual Depreciation for 2022 was $37.3K, a 33.3% decline from 2021.
  • Laredo Oil, Inc. annual Depreciation for 2021 was $55.8K, a 300% increase from 2020.
Depreciation, Annual (USD)
Depreciation, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $17.9K -$19.3K -51.9% Jun 1, 2023 May 31, 2024 10-K/A 2024-10-02
2022 $37.3K -$18.6K -33.3% Jun 1, 2022 May 31, 2023 10-K/A 2024-10-02
2021 $55.8K +$41.9K +300% Jun 1, 2021 May 31, 2022 10-K 2023-09-13
2020 $14K +$14K Jun 1, 2020 May 31, 2021 10-K 2022-09-13
2019 $0 Jun 1, 2019 May 31, 2020 10-K 2021-09-14
* An asterisk sign (*) next to the value indicates that the value is likely invalid.