Laredo Oil
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Laredo Oil's balance sheet done over the years? Its assets were worth $2,804,638 last year, which is less than in the previous period. 499% of Laredo Oil’s total assets is currently financed by debt. Its liabilities reached the amount of $13,990,765, which means an increase by 37% compared compared to last year.
Debt to Assets
| 2015 | 241757 | 1.79M | 742.66% |
|---|---|---|---|
| 2016 | 440230 | 1.78M | 405.74% |
| 2017 | 377879 | 2.28M | 604.74% |
| 2018 | 266416 | 1.83M | 689.07% |
| 2019 | 357100 | 2.05M | 576.46% |
| 2020 | 1623061 | 3.49M | 215.11% |
| 2021 | 2770808 | 5.00M | 180.72% |
| 2022 | 3701949 | 6.49M | 175.58% |
| 2023 | 5126127 | 10.20M | 199.13% |
| 2024 | 2804638 | 13.99M | 498.84% |
LRDC Balance Sheet (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 127.12K | 13.75K | 109.18K | 1.19M | 1.53M | 289.55K | 106.31K | 330.68K | 393.93K | 85.83K |
Short term investments | 1.86M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 8.34K | 1.77K | 1.77K | 168.52K | 32.05K | 27.99K | 120.12K | 27.87K | 0 | 0 |
Inventory | 0 | 0 | 0 | 0 | -32.05K | -27.99K | 0 | -5 | 0 | 0 |
Other current assets | 19.94K | 36.54K | 22.23K | 267.15K | 90.55K | 67.54K | 39.98K | 66.52K | 46.29K | 311.84K |
Total current assets | 2.01M | 52.08K | 133.19K | 1.63M | 1.62M | 357.1K | 266.41K | 377.87K | 440.23K | 241.75K |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 746.16K | 4.75M | 3.17M | 809.20K | 0 | 0 | 0 | 0 | 0 | 0 |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 0 | 287.12K | 364.13K | 329.28K | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 40K | 30K | 30K | -1.13M | 0 | 0 | 0 | 0 | 0 | 0 |
Total non-current assets | 786.16K | 5.07M | 3.56M | 1.13M | 0 | 0 | 0 | 0 | 0 | 0 |
Total assets | 2.80M | 5.12M | 3.70M | 2.77M | 1.62M | 357.1K | 266.41K | 377.87K | 440.23K | 241.75K |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | 0 | 95.37K | 45.83K | 45.83K | 45.83K | 45.83K | 45.83K | 45.83K |
Short term debt | 2.32M | 3.13M | 1.48M | 1.22M | 823.77K | 350K | 350K | 350K | 350K | 350K |
Total current liabilities | 12.94M | 9.60M | 5.58M | 3.16M | 2.73M | 2.05M | 1.83M | 2.28M | 1.78M | 1.79M |
| Non-current liabilities: | ||||||||||
Long term debt | 887.73K | 536.97K | 857.33K | 1.84M | 759.87K | 0 | 0 | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 157.39K | 67.93K | 61.76K | -1.84M | -759.87K | 407.52K | 0 | 0 | 0 | 0 |
Total non-current liabilities | 1.04M | 604.91K | 919.10K | 1.84M | 759.87K | 407.52K | 0 | 0 | 0 | 0 |
Total liabilities | 13.99M | 10.20M | 6.49M | 5.00M | 3.49M | 2.05M | 1.83M | 2.28M | 1.78M | 1.79M |
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