Laredo OilLRDC +3.12%11 Net Current Asset Value is $-0.20 as of Feb. 2026. GuruFocus rates LRDC with a GF Score™ of 11/100. The stock has 6 warning signs investors should review. Among 299 Oil & Gas companies, Laredo Oil ranks worse than 334447.83% on this metric.
In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).
Laredo Oil's net current asset value per share for the quarter that ended in Feb. 2026 was $-0.20.
The historical rank and industry rank for Laredo Oil's Net Current Asset Value or its related term are showing as below:
LRDC's Price-to-Net-Current-Asset-Value is not ranked *
in the Oil & Gas industry.
Industry Median: 3.86 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Laredo Oil (OTCPK:LRDC) Net Current Asset Value Explanation
Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."
The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]
Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.
One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Grahams strategy produced similar results.
Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.
Laredo Oil Net Current Asset Value Related Terms
Laredo Oil Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Laredo Oil's Net Current Asset Value 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.
LRDC vs PROP, NRT, PVL: Net Current Asset Value Comparison
For the Oil & Gas E&P subindustry, Laredo Oil's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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 Price-to-Net-Current-Asset-Value vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Laredo Oil's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Laredo Oil's Price-to-Net-Current-Asset-Value falls into.
* 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.
What does a Net Current Asset Value of $-0.20 mean?
Laredo Oil (LRDC) has a Net Current Asset Value of $-0.20 as of Feb. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Laredo Oil and its competitors. According to the industry distribution chart, Laredo Oil ranks #999999 out of 299 companies in the Oil & Gas industry.
Is Laredo Oil's Net Current Asset Value too high?
Laredo Oil's current Net Current Asset Value is $-0.20. Based on the distribution chart, Laredo Oil ranks #999999 out of 299 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 Net Current Asset Value compare to PROP and NRT?
According to the Oil & Gas industry distribution chart, Laredo Oil ranks #999999 out of 299 companies for Net Current Asset Value. This places Laredo Oil in the lower half of its industry. The industry median Net Current Asset Value is 3.86. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for an Oil & Gas company?
The median Net Current Asset Value among Oil & Gas companies is 3.86, based on 299 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value 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 Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Laredo Oil and its competitors. For the Oil & Gas industry, the median Net Current Asset Value is 3.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Laredo Oil's current Net Current Asset Value is $-0.20. 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 Net Current Asset Value of $-0.20. The current Net Current Asset Value is $-0.20. 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 Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Laredo Oil (LRDC), the current Net Current Asset Value is $-0.20 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 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
Get the complete analysis for LRDC
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LRDC has been successfully added to your 
