Laredo OilLRDC -6.93%11 Return-on-Tangible-Asset is -312.52% as of Feb. 2026. GuruFocus rates LRDC with a GF Score™ of 11/100. The stock has 5 warning signs investors should review. Among 1,027 Oil & Gas companies, Laredo Oil ranks worse than 98.05% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Laredo Oil's annualizedNet Income for the quarter that ended in Feb. 2026 was $-4.88 Mil. Laredo Oil's average total tangible assets for the quarter that ended in Feb. 2026 was $1.56 Mil. Therefore, Laredo Oil's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 was -312.52%.
The historical rank and industry rank for Laredo Oil's Return-on-Tangible-Asset or its related term are showing as below:
LRDC'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -371.82 Med: -98.26 Max: 30.75
Current: -299.01
During the past 13 years, Laredo Oil's highest Return-on-Tangible-Asset was 30.75%. The lowest was -371.82%. And the median was -98.26%.
LRDC's Return-on-Tangible-Asset is ranked worse than 98.05% of 1027
companies
in the Oil & Gas industry
Industry Median: 2.04
vs LRDC: -299.01
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Laredo Oil Return-on-Tangible-Asset Related Terms
Laredo Oil Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Laredo Oil's Return-on-Tangible-Asset 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: Return-on-Tangible-Asset Comparison
For the Oil & Gas E&P subindustry, Laredo Oil's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Laredo Oil's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Laredo Oil's Return-on-Tangible-Asset 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Feb. 2026) net income data.
What does a Return-on-Tangible-Asset of -312.52% mean?
Laredo Oil (LRDC) has a Return-on-Tangible-Asset of -312.52% as of Feb. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Laredo Oil and its competitors. According to the industry distribution chart, Laredo Oil ranks #1007 out of 1027 companies in the Oil & Gas industry, placing it in the top 98.1%.
Is Laredo Oil's Return-on-Tangible-Asset too high?
Laredo Oil's current Return-on-Tangible-Asset is -312.52%. Based on the distribution chart, Laredo Oil ranks #1007 out of 1027 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 Return-on-Tangible-Asset compare to PROP and NRT?
According to the Oil & Gas industry distribution chart, Laredo Oil ranks #1007 out of 1027 companies for Return-on-Tangible-Asset. This places Laredo Oil in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.04. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for an Oil & Gas company?
The median Return-on-Tangible-Asset among Oil & Gas companies is 2.04, based on 1,027 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Laredo Oil and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Laredo Oil's current Return-on-Tangible-Asset is -312.52%. 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 Return-on-Tangible-Asset of -312.52%. The current Return-on-Tangible-Asset is -312.52%. Laredo Oil's overall GF Score™ is 11/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Laredo Oil (LRDC), the current Return-on-Tangible-Asset is -312.52% 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
Return-on-Tangible-Asset 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 
