Laredo Oil, Inc.

Laredo Oil, Inc.verified

LRDC

Price:

$0.87475

Market Cap:

$67.13M

Laredo Oil, Inc., an oil exploration and production company, engages in the acquisition and exploration of mature oil fields, and recovers stranded oil from those fields using enhanced oil recovery methods. The company was formerly known as Laredo Mining, Inc. and changed its name to Laredo Oil, Inc. in October 2009. Laredo Oil, Inc. was incorporated in 2008 and is based in Austin, Texas.

Industry

Oil & Gas Exploration & Production

IPO Date

2009-11-06

Stock Exchange

OTC

Ticker

LRDC

The Current Ratio as of December 2025 (TTM) for Laredo Oil, Inc. (LRDC) is 0.03

According to Laredo Oil, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.03. This represents a change of -51.98% compared to the average of 0.07 of the last 4 quarters.

Laredo Oil, Inc. (LRDC) Historical Current Ratio (quarterly & annually)

How has LRDC Current Ratio performed in the past?

The mean historical Current Ratio of Laredo Oil, Inc. over the last ten years is 0.20. The current 0.03 Current Ratio has changed 1.58% with respect to the historical average. Over the past ten years (40 quarters), LRDC's Current Ratio was at its highest in in the February 2021 quarter at 0.95. The Current Ratio was at its lowest in in the February 2023 quarter at 0.00.

Quarterly (TTM)
Annual

Average

0.20

Median

0.16

Minimum

0.01

Maximum

0.59

Laredo Oil, Inc. (LRDC) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Laredo Oil, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 2.77%

Maximum Annual Current Ratio = 0.59

Minimum Annual Increase = -95.38%

Minimum Annual Current Ratio = 0.01

Quarterly (TTM)
Annual
YearCurrent RatioChange
20250.02-85.17%
20240.162.77%
20230.01-77.28%
20220.02-95.38%
20210.52-13.08%
20200.59242.53%
20190.1719.53%
20180.15-12.24%
20170.17-32.91%
20160.2583.04%

Laredo Oil, Inc. (LRDC) Average Current Ratio

How has LRDC Current Ratio performed in the past?

The current Current Ratio of Laredo Oil, Inc. (LRDC) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.06

5-year avg

0.14

10-year avg

0.20

Laredo Oil, Inc. (LRDC) Current Ratio vs. Peers

How is LRDC’s Current Ratio compared to its peers?

Laredo Oil, Inc.’s Current Ratio is less than Sonoro Energy Ltd. (0.84), less than ADX Energy Ltd (1.78), greater than Petro-Victory Energy Corp. (0.03), less than Avanti Helium Corp. (0.24), less than Prairie Provident Resources Inc. (0.18), less than TAG Oil Ltd. (3.75), less than Elixir Energy Limited (16.55), less than Chariot Limited (1.70), less than Unit Corporation (3.26), less than The Reserve Petroleum Company (0.12),

Build a custom stock screener for Laredo Oil, Inc. (LRDC) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Laredo Oil, Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Laredo Oil, Inc. (LRDC) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Laredo Oil, Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Laredo Oil, Inc.'s Current Ratio?

How is the Current Ratio calculated for Laredo Oil, Inc. (LRDC)?

What is the highest Current Ratio for Laredo Oil, Inc. (LRDC)?

What is the 3-year average Current Ratio for Laredo Oil, Inc. (LRDC)?

What is the 5-year average Current Ratio for Laredo Oil, Inc. (LRDC)?

How does the current Current Ratio for Laredo Oil, Inc. (LRDC) compare to its historical average?