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) - Total Assets
Latest total assets as of November 2025: $1.70 Million USD
Based on the latest financial reports, Laredo Oil Inc (LRDC) holds total assets worth $1.70 Million USD as of November 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Laredo Oil Inc - Total Assets Trend (2008–2025)
This chart illustrates how Laredo Oil Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Laredo Oil Inc - Asset Composition Analysis
Current Asset Composition (May 2025)
Laredo Oil Inc's total assets of $1.70 Million consist of 20.6% current assets and 79.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.8% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2008–2025)
This chart illustrates how Laredo Oil Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Laredo Oil Inc's current assets represent 20.6% of total assets in 2025, a decrease from 100.0% in 2008.
- Cash Position: Cash and equivalents constituted 5.8% of total assets in 2025, down from 100.0% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2008.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Laredo Oil Inc Competitors by Total Assets
Key competitors of Laredo Oil Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Aker BP ASA
PINK:AKRBF
|
USA | $42.88 Billion |
|
Jadestone Energy plc
PINK:JDSEF
|
USA | $1.12 Billion |
|
Helium Evolution Incorporated
PINK:HEEVF
|
USA | $21.95 Million |
|
One Step Vending Corp
PINK:KOSK
|
USA | $578.00K |
|
Melbana Energy Ltd
AU:MAY
|
Australia | AU$80.17 Million |
|
Black Rock Petroleum Co
PINK:BKRP
|
USA | $1.39K |
|
West Texas Resources Inc
PINK:WTXR
|
USA | $150.96K |
|
Shanxi Blue Flame Holding Co Ltd
SHE:000968
|
China | CN¥11.13 Billion |
Laredo Oil Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Laredo Oil Inc generates 0.01x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Laredo Oil Inc is currently not profitable relative to its asset base.
Laredo Oil Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.05 | 0.13 | 0.95 |
| Quick Ratio | 0.05 | 0.13 | 0.95 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-13.38 Million | $ -13.41 Million | $ -97.52K |
Laredo Oil Inc - Advanced Valuation Insights
This section examines the relationship between Laredo Oil Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 8.69 |
| Asset Growth Rate (YoY) | -48.4% |
| Total Assets | $1.45 Million |
| Market Capitalization | $12.59 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Laredo Oil Inc's assets at a significant premium ( 8.69x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Laredo Oil Inc's assets decreased by 48.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Laredo Oil Inc (2008–2025)
The table below shows the annual total assets of Laredo Oil Inc from 2008 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-05-31 | $1.45 Million | -48.37% |
| 2024-05-31 | $2.80 Million | -45.29% |
| 2023-05-31 | $5.13 Million | +38.47% |
| 2022-05-31 | $3.70 Million | +33.61% |
| 2021-05-31 | $2.77 Million | +70.71% |
| 2020-05-31 | $1.62 Million | +354.51% |
| 2019-05-31 | $357.10K | +34.04% |
| 2018-05-31 | $266.42K | -29.50% |
| 2017-05-31 | $377.88K | -14.16% |
| 2016-05-31 | $440.23K | +82.10% |
| 2015-05-31 | $241.76K | +77.12% |
| 2014-05-31 | $136.49K | -4.79% |
| 2013-05-31 | $143.36K | -1.35% |
| 2012-05-31 | $145.32K | +493.67% |
| 2011-05-31 | $24.48K | -90.33% |
| 2010-05-31 | $253.02K | +965.84% |
| 2009-05-31 | $23.74K | +164.83% |
| 2008-05-31 | $8.96K | -- |