LRDC (Laredo Oil) Cash per Share : $0.00 (As of Nov. 2024)

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What is Laredo Oil Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Laredo Oil's Cash per Share for the quarter that ended in Nov. 2024 was $0.00.

Laredo Oil Cash per Share Historical Data

The historical data trend for Laredo Oil's Cash per Share 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.

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Laredo Oil Cash per Share Chart

Laredo Oil Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

Cash per Share

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0.03

0.02

Laredo Oil Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Cash per Share	Get a 7-Day Free Trial															-	0.03	-	-	-

Laredo Oil Cash per Share Calculation

This is the ratio of a company's available cash, including easy to liquidate short-term investment, to its total number of shares outstanding. The result indicates the percentage of a company's share price that is available to spend on company's activities, such as strengthening the business, paying down the debt and making dividend payment to shareholders. It's a reliable indicator of a company's financial health.

Laredo Oil's Cash per Share for the fiscal year that ended in May. 2024 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	0.127	/	71.99
	=	0.00

Laredo Oil's Cash per Share for the quarter that ended in Nov. 2024 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	0.007	/	73.92
	=	0.00

Laredo Oil (OTCPK:LRDC) Cash per Share Explanation

Cash per Share represents the liquidity of a compant's assets. A high level of Cash per Share suggests that there's enough money on hand for a company to cover any emergencies and that the company has adequate money to reinvest its business or pay dividends to investors. However, if the ratio is too high, it can also suggeust the inefficiency of management for not making a full usage of the cash.

Laredo Oil Cash per Share Related Terms

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Laredo Oil Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Laredo Oil Inc (OTCPK:LRDC) » Definitions » Cash per Share

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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 primarily engaged in acquisition and exploration efforts for mineral properties. 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.