LRDC (Laredo Oil) Long-Term Debt : $0.86 Mil (As of Nov. 2024)

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What is Laredo Oil Long-Term Debt?

Laredo Oil's Long-Term Debt for the quarter that ended in Nov. 2024 was $0.86 Mil.

Laredo Oil's quarterly Long-Term Debt declined from May. 2024 ($0.89 Mil) to Aug. 2024 ($0.87 Mil) and declined from Aug. 2024 ($0.87 Mil) to Nov. 2024 ($0.86 Mil).

Laredo Oil's annual Long-Term Debt declined from May. 2022 ($0.86 Mil) to May. 2023 ($0.54 Mil) but then increased from May. 2023 ($0.54 Mil) to May. 2024 ($0.89 Mil).

Laredo Oil Long-Term Debt Historical Data

The historical data trend for Laredo Oil's Long-Term Debt 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 Long-Term Debt Chart

Laredo Oil Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

Long-Term Debt

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0.76

1.85

0.86

0.54

0.89

Laredo Oil Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Long-Term Debt	Get a 7-Day Free Trial															0.92	0.90	0.89	0.87	0.86

Laredo Oil (OTCPK:LRDC) Long-Term Debt Explanation

Long-Term Debt is the sum of the carrying values as of the balance sheet date of all long-term debt, which is debt initially having maturities due after one year or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year or the normal operating cycle, if longer. Long-Term Debt includes notes payable, bonds payable, mortgage loans, convertible debt, subordinated debt and other types of long term debt.

Laredo Oil Long-Term Debt Related Terms

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Laredo Oil Business Description

Industry

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Traded in Other Exchanges

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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.