Laredo Oil, Inc.: 10-Q filed 2016-10-17
What Laredo Oil, Inc. reported in its quarterly report filed 2016-10-17 (fiscal Q1 2017): 24 published measures, 50 facts as tagged in accession 0001654954-16-002896.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2016-10-17
- Fiscal period
- fiscal Q1 2017
- Accession
- 0001654954-16-002896 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.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-08-31 | 297,136 | USD | |
| At 2016-05-31 | 440,230 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-08-31 | 1,628,224 | USD | |
| At 2016-05-31 | 1,786,187 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-08-31 | -1,331,088 | USD | |
| At 2016-05-31 | -1,345,957 | USD |
Cash and cash equivalents
Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-08-31 | 116,376 | USD | |
| At 2016-05-31 | 393,937 | USD | |
| At 2015-08-31 | 94,133 | USD | |
| At 2015-05-31 | 85,835 | USD |
Net income or loss
Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-06-01 to 2016-08-31 | -120,235 | USD | 92 |
| 2015-06-01 to 2015-08-31 | -200,062 | USD | 92 |
Operating cash flow
Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-06-01 to 2016-08-31 | -277,561 | USD | 92 |
| 2015-06-01 to 2015-08-31 | 8,298 | USD | 92 |
Revenue
Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-06-01 to 2016-08-31 | 2,623,211 | USD | 92 |
| 2015-06-01 to 2015-08-31 | 2,791,904 | USD | 92 |
Financing cash flow
Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-06-01 to 2016-08-31 | 0 | USD | 92 |
| 2015-06-01 to 2015-08-31 | 0 | USD | 92 |
Investing cash flow
Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-06-01 to 2016-08-31 | 0 | USD | 92 |
| 2015-06-01 to 2015-08-31 | 0 | USD | 92 |
Retained earnings or deficit
Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-08-31 | -9,659,842 | USD | |
| At 2016-05-31 | -9,539,607 | USD |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-06-01 to 2016-08-31 | 135,104 | USD | 92 |
| 2015-06-01 to 2015-08-31 | 132,372 | USD | 92 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-06-01 to 2016-08-31 | -112,048 | USD | 92 |
| 2015-06-01 to 2015-08-31 | -168,728 | USD | 92 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-08-31 | 297,136 | USD | |
| At 2016-05-31 | 440,230 | USD |
Interest expense
Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-06-01 to 2016-08-31 | 8,187 | USD | 92 |
| 2015-06-01 to 2015-08-31 | 6,910 | USD | 92 |
Current liabilities
Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-08-31 | 1,628,224 | USD | |
| At 2016-05-31 | 1,786,187 | USD |
Current accounts payable
Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-08-31 | 36,125 | USD | |
| At 2016-05-31 | 33,363 | USD |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-06-01 to 2016-08-31 | 220,849 | USD | 92 |
| 2015-06-01 to 2015-08-31 | 225,787 | USD | 92 |
Gross profit
Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-06-01 to 2016-08-31 | 108,801 | USD | 92 |
| 2015-06-01 to 2015-08-31 | 57,059 | USD | 92 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-06-01 to 2016-08-31 | 2,514,410 | USD | 92 |
| 2015-06-01 to 2015-08-31 | 2,734,845 | USD | 92 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-06-01 to 2016-08-31 | 108,932 | USD | 92 |
| 2015-06-01 to 2015-08-31 | 112,094 | USD | 92 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-08-31 | 54,514,765 | shares | |
| At 2016-05-31 | 54,514,765 | shares |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-08-31 | 8,323,303 | USD | |
| At 2016-05-31 | 8,188,199 | USD |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-08-31 | 1,058,711 | USD | |
| At 2016-05-31 | 1,057,280 | USD |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-08-31 | 180,760 | USD | |
| At 2016-05-31 | 46,293 | USD |
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
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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"])))