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Laredo Oil (Laredo Oil) Ending Cash Position : $1.90 Mil (As of Feb. 2024)


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What is Laredo Oil Ending Cash Position?

Laredo Oil's Ending Cash Position for the quarter that ended in Feb. 2024 was $1.90 Mil.

Laredo Oil's quarterly Ending Cash Position increased from Aug. 2023 ($0.00 Mil) to Nov. 2023 ($0.04 Mil) and increased from Nov. 2023 ($0.04 Mil) to Feb. 2024 ($1.90 Mil).

Laredo Oil's annual Ending Cash Position declined from May. 2021 ($1.20 Mil) to May. 2022 ($0.11 Mil) and declined from May. 2022 ($0.11 Mil) to May. 2023 ($0.01 Mil).


Laredo Oil Ending Cash Position Historical Data

The historical data trend for Laredo Oil's Ending Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Laredo Oil Ending Cash Position Chart

Laredo Oil Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Ending Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 1.53 1.20 0.11 0.01

Laredo Oil Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Ending Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 - 0.04 1.90

Laredo Oil Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Laredo Oil's Ending Cash Position for the fiscal year that ended in May. 2023 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=0.109+-0.095
=0.01

Laredo Oil's Ending Cash Position for the quarter that ended in Feb. 2024 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=0.039+1.856
=1.90


Laredo Oil Ending Cash Position Related Terms

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Laredo Oil (Laredo Oil) Business Description

Traded in Other Exchanges
N/A
Address
2021 Guadalupe Street, Suite 260, Austin, TX, USA, 78705
Laredo Oil Inc is an oil exploration and production company. It is engaged in managing the acquisition and conventional operation of mature oil fields and the further recovery of stranded oil from those fields using enhanced oil recovery (EOR) methods. The company focuses on EOR applications in depleted and mature oil fields.