Laredo Oil Inc (LRDC) Annual Balance Sheets

Annual · GAAP · USD millions
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This balance sheet overview for Laredo Oil Inc spans from May 31 2021 to May 31 2025, showing how the company's assets, liabilities, and equity have evolved across reporting periods.
Annual Report, GAAP in USD millions
ITEM
(May 31 2025)
(May 31 2024) (May 31 2023) (May 31 2022) (May 31 2021)
Assets
Cash & cash equivalent0.00
Cash & Short-term Investments0.00
Accounts receivable0.00
Other Receivables, Net, Current0.00
Other Current Assets0.28
Prepaid Expense And Other Assets Current0.02
Total Current Assets0.30
Equipment/Property/Plant Net1.11
Long-term investments0.00
Other Assets, Noncurrent0.04
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents0.28
Accounts Receivable Related Parties Current-
Total Assets1.45
Liabilities
Accounts Payable, Current AC2.16
Accrued Liabilities, Current3.75
Notes Payable, Current NO0.06
Other Liabilities, Current6.94
Deferred Revenue DE0.00
Total Current Liabilities12.91
Long-term debt0.83
Total Long-term Debt0.83
Asset Retirement Obligations, Noncurrent AS0.29
Other liabilities, Noncurrent0.00
Deferred Well Development Costs2.80
Notes Payable Related Parties Classified Current0.29
Due To Related Parties Current0.62
Total Liabilities14.02
Stockholders' Equity
Common Stock Value0.01
Additional Paid In Capital Common Stock13.28
Retained Earnings / Accumulated Deficit-25.91
Other Equity0.05
Common Stockholder's Equity-12.57
Total Stockholder's Equity-12.57
Liabilities & Stockholder's Equity1.45
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About Laredo Oil Inc Annual Balance Sheet

What this statement shows

This page presents issuer-reported balance sheet data, detailing assets, liabilities, and stockholders equity as reported in SEC 10-K filings and standardized by CSIMarket. The balance sheet reflects the company's financial position at the end of each reporting period.

Source & verification

  • Form: 10-K (Period: 20250531)
  • Filed with the SEC: September 15, 2025
  • Source: lrdc-10k.htm

Last updated

  • Page updated:
  • Data lineage: SEC filings - XBRL extraction - balance-sheet normalization in the CSIMarket.com financial database.
  • Accession: 0001199835-25-000313

Balance sheet figures represent financial position at specific reporting dates and may be revised in subsequent filings.

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