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Laredo Oil, Inc.: 10-Q filed 2024-01-22

What Laredo Oil, Inc. reported in its quarterly report filed 2024-01-22 (fiscal Q2 2024): 27 published measures, 78 facts as tagged in accession 0001199835-24-000042.

This filing

Form
10-Q (quarterly report)
Filed
2024-01-22
Fiscal period
fiscal Q2 2024
Accession
0001199835-24-000042 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 2023-11-305,049,898USD
At 2023-05-315,126,127USD

Total liabilities

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

PeriodValueUnitDays
At 2023-11-3010,810,549USD
At 2023-05-3110,207,466USD

Stockholders equity

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

PeriodValueUnitDays
At 2023-11-30-5,760,651USD
At 2023-08-31-5,479,019USD
At 2023-05-31-5,081,339USD
At 2022-11-30-4,013,792USD
At 2022-08-31-3,391,925USD
At 2022-05-31-2,797,949USD

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
2023-09-01 to 2023-11-30-685,765USD91
2023-06-01 to 2023-11-30-1,804,555USD183
2023-06-01 to 2023-08-31-1,118,790USD92
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

Operating cash flow

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

PeriodValueUnitDays
2023-06-01 to 2023-11-30-294,394USD183
2022-06-01 to 2022-11-30-879,307USD183

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
2023-09-01 to 2023-11-300USD91
2023-06-01 to 2023-11-300USD183
2022-09-01 to 2022-11-300USD91
2022-06-01 to 2022-11-300USD183

Financing cash flow

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

PeriodValueUnitDays
2023-06-01 to 2023-11-30270,376USD183
2022-06-01 to 2022-11-301,856,585USD183

Investing cash flow

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

PeriodValueUnitDays
2023-06-01 to 2023-11-3049,143USD183
2022-06-01 to 2022-11-30-986,792USD183

Retained earnings or deficit

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

PeriodValueUnitDays
At 2023-11-30-16,882,894USD
At 2023-05-31-15,078,339USD

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 2023-11-304,678,578USD
At 2023-05-314,756,922USD

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
2023-09-01 to 2023-11-30235,142USD91
2023-06-01 to 2023-11-30956,252USD183
2023-06-01 to 2023-08-31721,110USD92
2022-09-01 to 2022-11-309,625USD91
2022-06-01 to 2022-11-30142,735USD183
2022-06-01 to 2022-08-31133,110USD92

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
2023-09-01 to 2023-11-30-772,216USD91
2023-06-01 to 2023-11-30-2,123,958USD183
2022-09-01 to 2022-11-30-624,920USD91
2022-06-01 to 2022-11-30-1,552,653USD183

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 2023-11-3065,331USD
At 2023-05-3152,082USD

Interest expense

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

PeriodValueUnitDays
2023-09-01 to 2023-11-3098,077USD91
2023-06-01 to 2023-11-30194,463USD183
2022-09-01 to 2022-11-3098,502USD91
2022-06-01 to 2022-11-30181,056USD183

Current liabilities

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

PeriodValueUnitDays
At 2023-11-309,818,670USD
At 2023-05-319,602,554USD

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 2023-11-302,054,309USD
At 2023-05-312,197,975USD

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
2023-09-01 to 2023-11-30772,216USD91
2023-06-01 to 2023-11-302,123,958USD183
2022-09-01 to 2022-11-30624,920USD91
2022-06-01 to 2022-11-301,552,653USD183

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
2023-09-01 to 2023-11-30685,319USD91
2023-06-01 to 2023-11-301,862,443USD183
2022-09-01 to 2022-11-30469,387USD91
2022-06-01 to 2022-11-301,061,767USD183

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 2023-11-3070,124,809shares
At 2023-05-3166,220,206shares

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 2023-11-3038,879USD
At 2023-05-3113,754USD
At 2022-11-3099,669USD
At 2022-05-31109,183USD

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 2023-11-3011,115,231USD
At 2023-05-319,990,378USD

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 2023-11-302,743,004USD
At 2023-05-312,262,450USD

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 2023-11-3026,452USD
At 2023-05-3136,549USD

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
2023-06-01 to 2023-11-3010,200USD183
2022-06-01 to 2022-11-3022,187USD183

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
2023-09-01 to 2023-11-30175,000USD91
2023-06-01 to 2023-11-30350,000USD183
2022-06-01 to 2022-11-301,521USD183

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
2023-06-01 to 2023-11-3032,733USD183
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.

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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"])))