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Laredo Oil, Inc.: 10-Q filed 2019-10-15

What Laredo Oil, Inc. reported in its quarterly report filed 2019-10-15 (fiscal Q1 2020): 24 published measures, 52 facts as tagged in accession 0001654954-19-011780.

This filing

Form
10-Q (quarterly report)
Filed
2019-10-15
Fiscal period
fiscal Q1 2020
Accession
0001654954-19-011780 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 2019-08-31492,573USD
At 2019-05-31357,100USD

Total liabilities

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

PeriodValueUnitDays
At 2019-08-312,279,267USD
At 2019-05-312,058,546USD

Stockholders equity

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

PeriodValueUnitDays
At 2019-08-31-1,786,694USD
At 2019-05-31-1,701,446USD
At 2018-08-31-1,582,077USD
At 2018-05-31-1,569,380USD

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.

PeriodValueUnitDays
At 2019-08-31321,428USD
At 2019-05-31289,559USD
At 2018-08-31303,606USD
At 2018-05-31106,311USD

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
2019-06-01 to 2019-08-31-85,248USD92
2018-06-01 to 2018-08-31-26,758USD92

Operating cash flow

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

PeriodValueUnitDays
2019-06-01 to 2019-08-3131,869USD92
2018-06-01 to 2018-08-31197,295USD92

Revenue

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

PeriodValueUnitDays
2019-06-01 to 2019-08-312,085,182USD92
2018-06-01 to 2018-08-312,061,297USD92

Financing cash flow

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

PeriodValueUnitDays
2019-06-01 to 2019-08-310USD92
2018-06-01 to 2018-08-310USD92

Investing cash flow

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

PeriodValueUnitDays
2019-06-01 to 2019-08-310USD92
2018-06-01 to 2018-08-310USD92

Retained earnings or deficit

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

PeriodValueUnitDays
At 2019-08-31-10,636,737USD
At 2019-05-31-10,551,489USD

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
2019-06-01 to 2019-08-310USD92
2018-06-01 to 2018-08-3114,061USD92

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
2019-06-01 to 2019-08-31-76,618USD92
2018-06-01 to 2018-08-31-17,837USD92

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 2019-08-31492,573USD
At 2019-05-31357,100USD

Interest expense

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

PeriodValueUnitDays
2019-06-01 to 2019-08-318,630USD92
2018-06-01 to 2018-08-318,921USD92

Current liabilities

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

PeriodValueUnitDays
At 2019-08-312,279,267USD
At 2019-05-312,058,546USD

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 2019-08-3145,910USD
At 2019-05-3111,690USD

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
2019-06-01 to 2019-08-3192,483USD92
2018-06-01 to 2018-08-31116,464USD92

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
2019-06-01 to 2019-08-3115,865USD92
2018-06-01 to 2018-08-3198,627USD92

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
2019-06-01 to 2019-08-312,069,317USD92
2018-06-01 to 2018-08-311,962,670USD92

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
2019-06-01 to 2019-08-3121,818USD92
2018-06-01 to 2018-08-3128,960USD92

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 2019-08-3154,514,765shares
At 2019-05-3154,514,765shares

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 2019-08-318,844,592USD
At 2019-05-318,844,592USD

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 2019-08-311,605,811USD
At 2019-05-311,427,940USD

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 2019-08-3126,739USD
At 2019-05-3139,551USD

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

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

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Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.

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"])))