Laredo OilLRDC +3.61%11 Quick Ratio is 0.02 as of Feb. 2026, which is 89% below its 10-year median of 0.18. GuruFocus rates LRDC with a GF Score™ of 11/100. The stock has 6 warning signs investors should review. Among 1,011 Oil & Gas companies, Laredo Oil ranks worse than 98.42% on this metric.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Laredo Oil's quick ratio for the quarter that ended in Feb. 2026 was 0.02.
Laredo Oil has a quick ratio of 0.02. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Laredo Oil's Quick Ratio or its related term are showing as below:
LRDC'
s Quick Ratio Range Over the Past 10 Years
Min: 0.01 Med: 0.18 Max: 0.95
Current: 0.02
During the past 13 years, Laredo Oil's highest Quick Ratio was 0.95. The lowest was 0.01. And the median was 0.18.
LRDC's Quick Ratio is ranked worse than 98.42% of 1011
companies
in the Oil & Gas industry
Industry Median: 1.12
vs LRDC: 0.02
Laredo Oil (OTCPK:LRDC) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Laredo Oil Quick Ratio Related Terms
Laredo Oil Quick Ratio Historical Data
* Premium members only.
The historical data trend for Laredo Oil's Quick Ratio 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.
For the Oil & Gas E&P subindustry, Laredo Oil's Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Laredo Oil's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Laredo Oil's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Laredo Oil's Quick Ratio for the fiscal year that ended in May. 2025 is calculated as
* 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 (LRDC) has a Quick Ratio of 0.02 as of Feb. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Laredo Oil and its competitors. This is 89% below median its historical median of 0.18. Over the past decade, Laredo Oil's Quick Ratio has ranged from 0.01 to 0.95. According to the industry distribution chart, Laredo Oil ranks #995 out of 1011 companies in the Oil & Gas industry, placing it in the top 98.4%.
Is Laredo Oil's Quick Ratio too high?
Laredo Oil's current Quick Ratio of 0.02 is 89% below median its 10-year median of 0.18. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.95. The Oil & Gas industry median Quick Ratio is 1.12. Laredo Oil's value of 0.02 is 98.2% below this industry median. Based on the distribution chart, Laredo Oil ranks #995 out of 1011 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 Quick Ratio compare to CRT and PVL?
According to the Oil & Gas industry distribution chart, Laredo Oil ranks #995 out of 1011 companies for Quick Ratio. This places Laredo Oil in the lower half of its industry. The industry median Quick Ratio is 1.12. Laredo Oil's value of 0.02 is 98.2% below this benchmark. Historically, Laredo Oil's own Quick Ratio has ranged from 0.01 to 0.95 over the past decade. While the company's 10-year median is 0.18 vs. the industry median of 1.12, Laredo Oil has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for an Oil & Gas company?
The median Quick Ratio among Oil & Gas companies is 1.12, based on 1,011 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Laredo Oil's current Quick Ratio of 0.02 is 98.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Laredo Oil and its competitors. For the Oil & Gas industry, the median Quick Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Laredo Oil's current Quick Ratio is 0.02, which is 89% below median its own 10-year median of 0.18. 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 Quick Ratio of 0.02. The current Quick Ratio is 0.02, which is 89% below median its 10-year median of 0.18 and 98.2% below the Oil & Gas industry median of 1.12. 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Laredo Oil (LRDC), the current Quick Ratio is 0.02 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.
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