Largo (TSX:LGO) Debt-to-Revenue

: 0.43 (As of Dec. 2023)

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Debt-to-Revenue measures a company's ability to pay off its debt.

Largo's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.8 Mil. Largo's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$101.9 Mil. Largo's annualized Revenue for the quarter that ended in Dec. 2023 was C$237.0 Mil. Largo's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.43.

Largo Debt-to-Revenue Historical Data

The historical data trend for Largo's Debt-to-Revenue 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.

* Premium members only.

Largo Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Revenue

0.21

0.09

0.18

0.39

Largo Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Revenue																0.22	0.29	0.31	0.38	0.43

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Largo's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Largo Debt-to-Revenue Distribution

For the Metals & Mining industry and Basic Materials sector, Largo's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Largo's Debt-to-Revenue falls into.

Largo Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Largo's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(0.805	+	101.861)	/	266.554
	=	0.39

Largo's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(0.805	+	101.861)	/	237.032
	=	0.43

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Dec. 2023) Revenue data.

Largo Debt-to-Revenue Related Terms

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Largo (TSX:LGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Largo Inc (TSX:LGO) » Definitions » Debt-to-Revenue

Comparable Companies

Traded in Other Exchanges

LGO:USA LR8B:Germany

Address

55 University Avenue, Suite 1105, Toronto, ON, CAN, M5J 2H7

Website

https://www.largoinc.com

Largo Inc is committed to the production and supply of high-quality vanadium products. The Company is also focused on the advancement of renewable energy storage solutions through Largo Clean Energy and its vanadium redox flow battery technology. The Company is engaged in the mining, exploration, and development of mineral properties, primarily in Brazil, through which it produces and supplies vanadium products VPURE Flake, VPURE+ Flake, and VPURE+ Powder.