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Laredo Oil (Laredo Oil) Total Liabilities : $13.16 Mil (As of Feb. 2024)


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What is Laredo Oil Total Liabilities?

Laredo Oil's Total Liabilities for the quarter that ended in Feb. 2024 was $13.16 Mil.

Laredo Oil's quarterly Total Liabilities increased from Aug. 2023 ($10.63 Mil) to Nov. 2023 ($10.81 Mil) and increased from Nov. 2023 ($10.81 Mil) to Feb. 2024 ($13.16 Mil).

Laredo Oil's annual Total Liabilities increased from May. 2021 ($5.01 Mil) to May. 2022 ($6.50 Mil) and increased from May. 2022 ($6.50 Mil) to May. 2023 ($10.21 Mil).

Laredo Oil Total Liabilities Historical Data

The historical data trend for Laredo Oil's Total Liabilities 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.

* Premium members only.

Laredo Oil Total Liabilities Chart

Laredo Oil Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Total Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.06 3.49 5.01 6.50 10.21

Laredo Oil Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Total Liabilities 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 9.69 10.21 10.63 10.81 13.16

Laredo Oil Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Laredo Oil's Total Liabilities for the fiscal year that ended in May. 2023 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=9.603+(0.537+0.067000000000001
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit)
+0+0)
=10.21

Total Liabilities=Total Assets (A: May. 2023 )-Total Equity (A: May. 2023 )
=5.126--5.081
=10.21

Laredo Oil's Total Liabilities for the quarter that ended in Feb. 2024 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=12.185+(0.904+0.073
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit)
+0+0)
=13.16

Total Liabilities=Total Assets (Q: Feb. 2024 )-Total Equity (Q: Feb. 2024 )
=7.263--5.899
=13.16

* 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.

Laredo Oil Total Liabilities Related Terms

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Laredo Oil (Laredo Oil) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Laredo Oil Inc (OTCPK:LRDC) » Definitions » Total Liabilities
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Traded in Other Exchanges
N/A
Address
2021 Guadalupe Street, Suite 260, Austin, TX, USA, 78705
Website
https://www.laredo-oil.com
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.