LRDC (Laredo Oil) Interest Coverage: 0 (At Loss) (As of Feb. 2026)


LRDC Laredo Oil Inc LRDC
11 GF Score
Price $0.87
! 6 Warning Signs
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What is Laredo Oil Interest Coverage?

Laredo Oil LRDC +3.61% 11 Interest Coverage is 0 (At Loss) as of Feb. 2026. GuruFocus rates LRDC with a GF Score™ of 11/100. The stock has 6 warning signs investors should review. Among 728 Oil & Gas companies, Laredo Oil ranks worse than 137362.5% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Laredo Oil's Operating Income for the three months ended in Feb. 2026 was $-1.06 Mil. Laredo Oil's Interest Expense for the three months ended in Feb. 2026 was $-0.15 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Laredo Oil's Interest Coverage or its related term are showing as below:


LRDC's Interest Coverage is not ranked *
in the Oil & Gas industry.
Industry Median: 5.885
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Laredo Oil  (OTCPK:LRDC) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Laredo Oil Interest Coverage Related Terms


Laredo Oil Interest Coverage Historical Data

* Premium members only.

The historical data trend for Laredo Oil's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Laredo Oil Interest Coverage Chart

Laredo Oil Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Laredo Oil Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Interest Coverage 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 0.00 0.00 0.00 0.00 0.00

LRDC vs CRT, PVL, NRT: Interest Coverage Comparison

For the Oil & Gas E&P subindustry, Laredo Oil's Interest Coverage, along with its competitors' market caps and Interest Coverage 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.


Laredo Oil Interest Coverage vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Laredo Oil's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Laredo Oil's Interest Coverage falls into.


LRDC
11GF Score
Laredo Oil Inc LRDC
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Laredo Oil Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Laredo Oil's Interest Coverage for the fiscal year that ended in May. 2025 is calculated as

Here, for the fiscal year that ended in May. 2025, Laredo Oil's Interest Expense was $-0.49 Mil. Its Operating Income was $-2.67 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.83 Mil.

Laredo Oil did not have earnings to cover the interest expense.

Laredo Oil's Interest Coverage for the quarter that ended in Feb. 2026 is calculated as

Here, for the three months ended in Feb. 2026, Laredo Oil's Interest Expense was $-0.15 Mil. Its Operating Income was $-1.06 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.78 Mil.

Laredo Oil did not have earnings to cover the interest expense.

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
Laredo Oil (LRDC) has a Interest Coverage of 0 (At Loss) as of Feb. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Laredo Oil and its competitors. According to the industry distribution chart, Laredo Oil ranks #999999 out of 728 companies in the Oil & Gas industry.
Is Laredo Oil's Interest Coverage too high?
Laredo Oil's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Laredo Oil ranks #999999 out of 728 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. 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 Interest Coverage compare to CRT and PVL?
According to the Oil & Gas industry distribution chart, Laredo Oil ranks #999999 out of 728 companies for Interest Coverage. This places Laredo Oil in the lower half of its industry. The industry median Interest Coverage is 5.89. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for an Oil & Gas company?
The median Interest Coverage among Oil & Gas companies is 5.89, based on 728 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Laredo Oil and its competitors. For the Oil & Gas industry, the median Interest Coverage is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Laredo Oil's current Interest Coverage is 0 (At Loss). 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 Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Laredo Oil's overall GF Score™ is 11/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Laredo Oil (LRDC), the current Interest Coverage is 0 (At Loss) 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.
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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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