LRDC (Laredo Oil) Interest Expense: $-0.87 Mil (TTM As of Feb. 2026)


LRDC Laredo Oil Inc LRDC
11 GF Score
Price $0.82
! 6 Warning Signs
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What is Laredo Oil Interest Expense?

Laredo Oil LRDC -5.38% 11 Interest Expense is $-0.87 Mil as of Feb. 2026. GuruFocus rates LRDC with a GF Score™ of 11/100. The stock has 6 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Laredo Oil's interest expense for the three months ended in Feb. 2026 was $ -0.15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2026 was $-0.87 Mil.

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. 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. Laredo Oil did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. 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 Expense Explanation

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. The higher, the better.

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

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

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.


Laredo Oil Interest Expense Historical Data

* Premium members only.

The historical data trend for Laredo Oil's Interest Expense 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 Interest Expense Chart

Laredo Oil Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.05 -0.14 -0.51 -0.51 -0.49

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 Expense 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 -0.12 -0.13 -0.28 -0.31 -0.15
LRDC
11GF Score
Laredo Oil Inc LRDC
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Laredo Oil Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.87 Mil.

* 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-0.87 Mil mean?
Laredo Oil (LRDC) has a Interest Expense of $-0.87 Mil as of Feb. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Laredo Oil and its competitors.
Is Laredo Oil's Interest Expense too high?
Laredo Oil's current Interest Expense is $-0.87 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 Interest Expense compare to CRT and PVL?
Laredo Oil's Interest Expense of $-0.87 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 Interest Expense for an Oil & Gas company?
A good Interest Expense depends on the Oil & Gas industry context. However, Interest Expense 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 Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Laredo Oil and its competitors. Laredo Oil's current Interest Expense is $-0.87 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 Interest Expense of $-0.87 Mil. The current Interest Expense is $-0.87 Mil. 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 Expense calculated?
Interest Expense is calculated from a company's financial statements. For Laredo Oil (LRDC), the current Interest Expense is $-0.87 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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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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