LRDC (Laredo Oil) Accumulated Depreciation: $-0.11 Mil (As of Feb. 2026)

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LRDC Laredo Oil Inc LRDC
11 GF Score
Price $0.82
! 5 Warning Signs
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What is Laredo Oil Accumulated Depreciation?

Laredo Oil LRDC +3.80% 11 Accumulated Depreciation is $-0.11 Mil as of Feb. 2026. GuruFocus rates LRDC with a GF Score™ of 11/100. The stock has 5 warning signs investors should review.

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Laredo Oil's quarterly accumulated depreciation increased from Aug. 2025 ($-0.09 Mil) to Nov. 2025 ($-0.10 Mil) and increased from Nov. 2025 ($-0.10 Mil) to Feb. 2026 ($-0.11 Mil).

Laredo Oil's annual accumulated depreciation increased from May. 2023 ($-0.04 Mil) to May. 2024 ($-0.06 Mil) and increased from May. 2024 ($-0.06 Mil) to May. 2025 ($-0.09 Mil).

Laredo Oil Accumulated Depreciation Related Terms

Laredo Oil Accumulated Depreciation Historical Data

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The historical data trend for Laredo Oil's Accumulated Depreciation 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.

Laredo Oil Accumulated Depreciation Chart

Laredo Oil Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 -0.07 -0.04 -0.06 -0.09

Laredo Oil Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Accumulated Depreciation 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 -0.08 -0.09 -0.09 -0.10 -0.11
LRDC
11GF Score
Laredo Oil Inc LRDC
Accumulated Depreciation is just one metric. See GF Score™, valuation, warning signs, and more.
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Laredo Oil Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

What does a Accumulated Depreciation of $-0.11 Mil mean?
Laredo Oil (LRDC) has a Accumulated Depreciation of $-0.11 Mil as of Feb. 2026. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Laredo Oil and its competitors.
Is Laredo Oil's Accumulated Depreciation too high?
Laredo Oil's current Accumulated Depreciation is $-0.11 Mil. Overall, Laredo Oil has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Laredo Oil's Accumulated Depreciation compare to VOC and PVL?
Laredo Oil's Accumulated Depreciation of $-0.11 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accumulated Depreciation for an Oil & Gas company?
A good Accumulated Depreciation depends on the Oil & Gas industry context. However, Accumulated Depreciation should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accumulated Depreciation mean?
A high Accumulated Depreciation can signal that a stock is expensive relative to its fundamentals. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Laredo Oil and its competitors. Laredo Oil's current Accumulated Depreciation is $-0.11 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Laredo Oil stock overvalued right now?
Laredo Oil (LRDC) has a current Accumulated Depreciation of $-0.11 Mil. The current Accumulated Depreciation is $-0.11 Mil. Laredo Oil's overall GF Score™ is 11/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For Laredo Oil (LRDC), the current Accumulated Depreciation is $-0.11 Mil as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Laredo Oil Business Description

Industry EnergyOil & Gas
Address 2021 Guadalupe Street, Suite 260, Austin, TX, USA, 78705
Laredo Oil Inc is are a publicly traded oil and gas E&P company acquiring, developing, and operating undervalued conventional assets and select mature fields where proprietary EOR technology can unlock value. In addition to pursuing conventional oil recovery methods in selected oil fields, Laredo Oil plans to locate and acquire mature oil fields, with the intention of recovering stranded oil using enhanced recovery methods.
11GF Score

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Accumulated Depreciation is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.82
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