Laredo Oil Inc
Laredo Oil, Inc., an oil exploration and production company, engages in the acquisition and exploration of mineral properties. The company acquires an interest in the mineral property comprising of 45,246 gross acres area located in the State of Montana. It also engages in the drilling of an exploratory well. It also holds 50% interest in the Cat Creek oil field located in Montana. The company wa… Read more
Laredo Oil Inc (LRDC) - Net Assets
Latest net assets as of November 2025: $-13.26 Million USD
Based on the latest financial reports, Laredo Oil Inc (LRDC) has net assets worth $-13.26 Million USD as of November 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.70 Million) and total liabilities ($14.97 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-13.26 Million |
| % of Total Assets | -778.1% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Laredo Oil Inc - Net Assets Trend (2009–2025)
This chart illustrates how Laredo Oil Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Laredo Oil Inc (2009–2025)
The table below shows the annual net assets of Laredo Oil Inc from 2009 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-05-31 | $-12.57 Million | -12.39% |
| 2024-05-31 | $-11.19 Million | -120.14% |
| 2023-05-31 | $-5.08 Million | -81.61% |
| 2022-05-31 | $-2.80 Million | -25.10% |
| 2021-05-31 | $-2.24 Million | -19.71% |
| 2020-05-31 | $-1.87 Million | -9.81% |
| 2019-05-31 | $-1.70 Million | -8.42% |
| 2018-05-31 | $-1.57 Million | +17.72% |
| 2017-05-31 | $-1.91 Million | -41.71% |
| 2016-05-31 | $-1.35 Million | +13.37% |
| 2015-05-31 | $-1.55 Million | -4.74% |
| 2014-05-31 | $-1.48 Million | -115.38% |
| 2013-05-31 | $-688.72K | -60.55% |
| 2012-05-31 | $-428.99K | +80.94% |
| 2011-05-31 | $-2.25 Million | -939.95% |
| 2010-05-31 | $-216.48K | -2022.71% |
| 2009-05-31 | $11.26K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Laredo Oil Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 2590533300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (May 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $7.48K | % |
| Other Comprehensive Income | $50.00K | % |
| Other Components | $13.28 Million | % |
| Total Equity | $-12.57 Million | 100.00% |
Laredo Oil Inc Competitors by Market Cap
The table below lists competitors of Laredo Oil Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Blue Sky Uranium Corp
OTCQB:BKUCF
|
$12.59 Million |
|
Klondike Gold Corp
OTCQB:KDKGF
|
$12.59 Million |
|
TagMaster AB Series B
ST:TAGM-B
|
$12.59 Million |
|
Mcphersons Ltd
AU:MCP
|
$12.59 Million |
|
Thai Rubber Latex Group Public Company Limited
BK:TRUBB
|
$12.58 Million |
|
Asia Precision Public Company Limited
BK:APCS
|
$12.58 Million |
|
Healthconn Corp.
TWO:6665
|
$12.58 Million |
|
iZafe Group AB Series B
ST:IZAFE-B
|
$12.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Laredo Oil Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -11,186,127 to -12,572,315, a change of -1,386,188.
- Net loss of 3,181,874 reduced equity.
- New share issuances of 1,215,200 increased equity.
- Other comprehensive income increased equity by 50,000.
- Other factors increased equity by 530,486.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.18 Million | -25.31% |
| Share Issuances | $1.22 Million | +9.67% |
| Other Comprehensive Income | $50.00K | +0.4% |
| Other Changes | $530.49K | +4.22% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Laredo Oil Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-05-31 | $0.00 | $0.35 | x |
| 2009-05-31 | $0.00 | $0.35 | x |
| 2010-05-31 | $-0.01 | $0.35 | x |
| 2011-05-31 | $-0.04 | $0.35 | x |
| 2012-05-31 | $-0.01 | $0.35 | x |
| 2013-05-31 | $-0.01 | $0.35 | x |
| 2014-05-31 | $-0.03 | $0.35 | x |
| 2015-05-31 | $-0.03 | $0.35 | x |
| 2016-05-31 | $-0.02 | $0.35 | x |
| 2017-05-31 | $-0.03 | $0.35 | x |
| 2018-05-31 | $-0.03 | $0.35 | x |
| 2019-05-31 | $-0.03 | $0.35 | x |
| 2020-05-31 | $-0.03 | $0.35 | x |
| 2021-05-31 | $-0.04 | $0.35 | x |
| 2022-05-31 | $-0.05 | $0.35 | x |
| 2023-05-31 | $-0.09 | $0.35 | x |
| 2024-05-31 | $-0.16 | $0.35 | x |
| 2025-05-31 | $-0.17 | $0.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Laredo Oil Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -33767.10%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-10.55%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -0.40% | 0.00% | 0.00x | 1.00x | $-932.40 |
| 2009 | -189.45% | 0.00% | 0.00x | 2.11x | $-22.46K |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $-899.31K |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $-703.01K |
| 2012 | 0.00% | -272.84% | 10.88x | 0.00x | $-4.27 Million |
| 2013 | 0.00% | -31.19% | 15.38x | 0.00x | $-618.87K |
| 2014 | 0.00% | -37.90% | 25.44x | 0.00x | $-1.17 Million |
| 2015 | 0.00% | -8.01% | 36.48x | 0.00x | $-550.95K |
| 2016 | 0.00% | -6.06% | 24.75x | 0.00x | $-525.55K |
| 2017 | 0.00% | -9.82% | 26.00x | 0.00x | $-773.73K |
| 2018 | 0.00% | 1.05% | 35.14x | 0.00x | $255.65K |
| 2019 | 0.00% | -1.72% | 23.75x | 0.00x | $24.02K |
| 2020 | 0.00% | -2.49% | 5.02x | 0.00x | $-16.13K |
| 2021 | 0.00% | -6.55% | 1.66x | 0.00x | $-77.19K |
| 2022 | 0.00% | 59.40% | 0.18x | 0.00x | $676.34K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.60 Million |
| 2024 | 0.00% | -7859.49% | 0.01x | 0.00x | $-1.75 Million |
| 2025 | 0.00% | -33767.10% | 0.01x | 0.00x | $-1.92 Million |
Industry Comparison
This section compares Laredo Oil Inc's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $1,751,793,864
- Average return on equity (ROE) among peers: -1.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Laredo Oil Inc (LRDC) | $-13.26 Million | -0.40% | N/A | $12.59 Million |
| Advantage Energy Ltd. (AAVVF) | $1.33 Billion | 0.83% | 0.33x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $4.37 Million | -14.30% | 0.01x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $3.40 Billion | 7.09% | 0.69x | $10.30 Billion |
| Aminex PLC (AEXFF) | $7.53 Million | -11.90% | 0.27x | $77.17 Million |
| Aker BP ASA (AKRBF) | $12.69 Billion | 14.40% | 2.32x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $-35.51K | 0.00% | 0.00x | $4.92K |
| Allied Resources Inc (ALOD) | $2.39 Million | -3.81% | 0.14x | $428.76K |
| Altex Industries Inc (ALTX) | $2.60 Million | -10.61% | 0.15x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $66.14 Million | -10.76% | 0.04x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $15.55 Million | 14.30% | 0.08x | $4.94 Million |