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Laredo Oil, Inc.: 10-Q filed 2023-01-23

What Laredo Oil, Inc. reported in its quarterly report filed 2023-01-23 (fiscal Q2 2023): 29 published measures, 81 facts as tagged in accession 0001199835-23-000037.

This filing

Form
10-Q (quarterly report)
Filed
2023-01-23
Fiscal period
fiscal Q2 2023
Accession
0001199835-23-000037 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All Laredo Oil, Inc. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2022-05-313,701,949USD
At 2020-11-305,046,499USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2022-05-316,499,898USD
At 2020-11-309,060,291USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2022-11-30-4,013,792USD
At 2022-08-31-3,391,925USD
At 2022-05-31-2,797,949USD
At 2021-11-30-1,877,864USD
At 2021-08-31-1,348,734USD
At 2021-05-31-2,236,598USD
At 2020-11-30-4,013,792USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2022-09-01 to 2022-11-30-749,768USD91
2022-06-01 to 2022-11-30-1,624,393USD183
2022-06-01 to 2022-08-31-874,625USD92
2021-09-01 to 2021-11-30-538,996USD91
2021-06-01 to 2021-11-30345,580USD183
2021-06-01 to 2021-08-31884,576USD92

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2022-06-01 to 2022-11-30-879,307USD183
2021-06-01 to 2021-11-30-746,393USD183

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2022-06-01 to 2022-11-30303USD183

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

PeriodValueUnitDays
2022-06-01 to 2022-08-31286,118USD92
2021-09-01 to 2021-11-30286,118USD91
2021-06-01 to 2021-11-30572,236USD183

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2022-06-01 to 2022-11-301,856,585USD183
2021-06-01 to 2021-11-301,159,631USD183

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2022-06-01 to 2022-11-30-986,792USD183
2021-06-01 to 2021-11-30-280,030USD183

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2022-05-31-11,982,488USD
At 2020-11-30-13,590,681USD

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2022-05-313,174,613USD
At 2020-11-304,542,822USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2022-09-01 to 2022-11-309,625USD91
2022-06-01 to 2022-11-30142,735USD183
2022-06-01 to 2022-08-31133,110USD92
2021-09-01 to 2021-11-309,866USD91
2021-06-01 to 2021-11-3013,154USD183
2021-06-01 to 2021-08-313,288USD92

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2022-09-01 to 2022-11-30-624,920USD91
2022-06-01 to 2022-11-30-1,552,653USD183
2021-09-01 to 2021-11-30-503,248USD91
2021-06-01 to 2021-11-30-973,214USD183

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2022-05-31133,197USD
At 2020-11-30128,351USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2022-09-01 to 2022-11-3098,502USD91
2022-06-01 to 2022-11-30181,056USD183
2021-09-01 to 2021-11-3017,057USD91
2021-06-01 to 2021-11-3029,423USD183

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2022-05-315,580,797USD
At 2020-11-307,679,951USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2022-05-311,242,905USD
At 2020-11-301,778,696USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2022-09-01 to 2022-11-30624,920USD91
2022-06-01 to 2022-11-301,552,653USD183
2021-09-01 to 2021-11-30215,476USD91
2021-06-01 to 2021-11-30380,431USD183

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2021-09-01 to 2021-11-30-287,772USD91
2021-06-01 to 2021-11-30-592,783USD183

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

PeriodValueUnitDays
2021-09-01 to 2021-11-30573,890USD91
2021-06-01 to 2021-11-301,165,019USD183

Selling, general and administrative expense

Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.

PeriodValueUnitDays
2022-09-01 to 2022-11-30469,387USD91
2022-06-01 to 2022-11-301,061,767USD183
2021-09-01 to 2021-11-30105,794USD91
2021-06-01 to 2021-11-30165,134USD183

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2022-11-3057,255,381shares
At 2022-05-3154,514,765shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

PeriodValueUnitDays
At 2022-11-3099,669USD
At 2022-05-31109,183USD
At 2021-11-301,329,858USD
At 2021-05-311,196,650USD
At 2020-11-3099,669USD

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2022-05-319,179,088USD
At 2020-11-309,571,164USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

PeriodValueUnitDays
At 2022-05-311,739,819USD
At 2020-11-302,000,422USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

PeriodValueUnitDays
At 2022-05-3122,235USD
At 2020-11-3016,701USD

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2022-06-01 to 2022-11-3022,187USD183
2021-06-01 to 2021-11-3027,906USD183

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

PeriodValueUnitDays
2022-06-01 to 2022-11-3023,885USD183
2021-06-01 to 2021-11-30131,153USD183

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2022-06-01 to 2022-11-3042,577USD183

Inspect the source

Entity
Laredo Oil, Inc. / CIK 0001442492
Captured
2026-09-20T09:04:11.689Z
SEC response SHA-256
c47ac85d26a4d26eeaae474c8d9471b12f228c337180c6072cff1333f0a057e7

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001442492.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))