The Current Ratio of Laredo Oil Inc (LRDC) is 0.16.
Current Ratio compares a firm's current assets to its current liabilities to assess short-term liquidity. A ratio above 1.0 typically indicates a strong ability to meet obligations.
| Date | Value |
|---|---|
| 2024-05-31 | 0.16 |
| 2023-05-31 | 0.01 |
| 2022-05-31 | 0.02 |
| 2021-05-31 | 0.52 |
| 2020-05-31 | 0.59 |
| 2019-05-31 | 0.17 |
| 2018-05-31 | 0.15 |
| 2017-05-31 | 0.17 |
| 2016-05-31 | 0.25 |
| 2015-05-31 | 0.13 |