Largo Financial Statements From 2010 to 2026

LGO Stock

USD 1.14 0.09 8.57%

Largo Resources' financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Largo Resources' valuation are provided below:

Gross Profit

779 K

Profit Margin

(0.57)

Market Capitalization

87.5 M

Enterprise Value Revenue

1.6602

Revenue

111.9 M

We have found one hundred twenty available fundamental ratios for Largo Resources, which can be analyzed and compared to other ratios and to its peers in the industry. Self-guided Investors are advised to check Largo Resources' last-minute fundamentals against the trend between 2010 and 2026 to make sure the company can sustain itself down the road. As of the 5th of January 2026, Market Cap is likely to drop to about 117.4 M. In addition to that, Enterprise Value is likely to drop to about 112.3 M

Largo Resources Total Revenue

145.73 Million

Check Largo Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Largo Resources' main balance sheet or income statement drivers, such as Other Operating Expenses of 206.7 M, Total Operating Expenses of 30.6 M or Depreciation And Amortization of 34.6 M, as well as many indicators such as Price To Sales Ratio of 0.94, Dividend Yield of 0.0 or PTB Ratio of 0.56. Largo financial statements analysis is a perfect complement when working with Largo Resources Valuation or Volatility modules.

Build AI portfolio with Largo Stock

Check out the analysis of Largo Resources Correlation against competitors.

To learn how to invest in Largo Stock, please use our How to Invest in Largo Resources guide.

Largo Resources Balance Sheet

Trends

Current Value

Last Year

Historical Average

10 Year Trend

Total Assets

208.7 M

366.5 M

291 M

Slightly volatile

Other Current Liabilities

107.1 M

102 M

34.2 M

Slightly volatile

Total Current Liabilities

138 M

131.4 M

68.6 M

Slightly volatile

Accounts Payable

14.9 M

24.9 M

18.3 M

Slightly volatile

Cash

29.8 M

25.4 M

41.1 M

Slightly volatile

Cash And Short Term Investments

29.8 M

25.4 M

41.1 M

Slightly volatile

Net Receivables

8.7 M

11.2 M

11.7 M

Slightly volatile

Common Stock Shares Outstanding

77.4 M

73.7 M

42.3 M

Slightly volatile

Liabilities And Stockholders Equity

208.7 M

366.5 M

291 M

Slightly volatile

Total Liabilities

89.4 M

169.6 M

127 M

Very volatile

Total Current Assets

62.4 M

107.3 M

89.5 M

Slightly volatile

Property Plant And Equipment Net

142.5 M

196.3 M

185.1 M

Very volatile

Non Current Assets Total

152.7 M

259.2 M

201.9 M

Pretty Stable

Inventory

57.4 M

54.7 M

25 M

Slightly volatile

Other Current Assets

10.1 M

16 M

13.9 M

Slightly volatile

Non Current Liabilities Total

60.9 M

52.1 M

66.3 M

Pretty Stable

Short and Long Term Debt Total

19.1 M

20.1 M

75.4 M

Slightly volatile

Short Term Debt

652.1 K

686.5 K

20.4 M

Pretty Stable

Current Deferred Revenue

4.7 M

4.5 M

2.1 M

Slightly volatile

Common Stock

352.9 M

474.7 M

318.7 M

Slightly volatile

Other Liabilities

5.2 M

4.3 M

6.2 M

Slightly volatile

Net Tangible Assets

275.3 M

296.8 M

183 M

Slightly volatile

Long Term Debt

15 M

15.8 M

80.7 M

Slightly volatile

Net Invested Capital

226.1 M

164.1 M

259.2 M

Pretty Stable

Short and Long Term Debt

3.4 M

3.6 M

37.4 M

Slightly volatile

Property Plant Equipment

160.7 M

170.8 M

228.9 M

Slightly volatile

Capital Stock

424.2 M

474.9 M

355.1 M

Slightly volatile

Property Plant And Equipment Gross

343.7 M

387.1 M

310.3 M

Slightly volatile

Intangible Assets

3.8 M

2 M

4.3 M

Pretty Stable

Non Current Liabilities Other

577.5 K

832.6 K

417.4 K

Slightly volatile

Largo Resources Income Statement

Trends

Current Value

Last Year

Historical Average

10 Year Trend

Other Operating Expenses

206.7 M

196.9 M

106.5 M

Slightly volatile

Total Operating Expenses

30.6 M

29.2 M

19.6 M

Slightly volatile

Depreciation And Amortization

34.6 M

33 M

18.2 M

Slightly volatile

Total Revenue

145.7 M

143.7 M

111.8 M

Slightly volatile

Cost Of Revenue

103.9 M

167.7 M

87.6 M

Slightly volatile

Interest Expense

9.2 M

10.9 M

9.6 M

Pretty Stable

Selling General Administrative

17.3 M

26.5 M

15.7 M

Slightly volatile

Reconciled Depreciation

26.7 M

33 M

25.8 M

Pretty Stable

Interest Income

1.4 M

1.2 M

Slightly volatile

Selling And Marketing Expenses

4.5 M

2.4 M

6.2 M

Slightly volatile

Largo Resources Cash Flow Statement

Trends

Current Value

Last Year

Historical Average

10 Year Trend

Begin Period Cash Flow

28.5 M

49.1 M

40.8 M

Slightly volatile

Capital Expenditures

31.4 M

48.6 M

42.2 M

Pretty Stable

End Period Cash Flow

29.8 M

25.4 M

41 M

Slightly volatile

Depreciation

34.6 M

33 M

17.3 M

Slightly volatile

Financial Ratios

Trends

Current Value

Last Year

Historical Average

10 Year Trend

Price To Sales Ratio

0.94

0.99

13.3384

Slightly volatile

Days Sales Outstanding

60.31

32.73

72.846

Slightly volatile

Average Payables

13.4 M

18.7 M

22.9 M

Slightly volatile

Capex To Depreciation

1.61

1.69

747

Slightly volatile

EV To Sales

0.9

0.95

21.7619

Slightly volatile

Inventory Turnover

5.23

3.53

4.661

Pretty Stable

Days Of Inventory On Hand

140

137

117

Pretty Stable

Payables Turnover

3.26

3.79

3.6291

Slightly volatile

Sales General And Administrative To Revenue

0.31

0.21

0.6716

Slightly volatile

Average Inventory

26.7 M

25.4 M

15.1 M

Slightly volatile

Capex To Revenue

0.37

0.39

3.9132

Slightly volatile

Cash Per Share

0.39

0.41

0.9418

Very volatile

Days Payables Outstanding

94.59

99.57

373

Slightly volatile

Intangibles To Total Assets

0.0156

0.0081

0.0142

Pretty Stable

Current Ratio

0.89

0.94

1.8032

Pretty Stable

Receivables Turnover

7.41

11.54

7.7426

Slightly volatile

Debt To Equity

0.12

0.1062

1.4188

Pretty Stable

Capex Per Share

0.74

0.78

3.0726

Slightly volatile

Average Receivables

1.6 M

1.5 M

Slightly volatile

Revenue Per Share

1.78

1.81

1.8474

Slightly volatile

Interest Debt Per Share

0.47

0.5

4.2271

Slightly volatile

Debt To Assets

0.06

0.0632

0.2506

Slightly volatile

Graham Number

10.26

6.6

12.8239

Slightly volatile

Operating Cycle

200

170

190

Slightly volatile

Days Of Payables Outstanding

94.59

99.57

373

Slightly volatile

Long Term Debt To Capitalization

0.0821

0.0864

0.2876

Slightly volatile

Total Debt To Capitalization

0.1

0.11

0.2938

Slightly volatile

Debt Equity Ratio

0.12

0.1062

1.4188

Pretty Stable

Quick Ratio

0.44

0.46

1.387

Very volatile

Cash Ratio

0.21

0.22

0.6665

Slightly volatile

Days Of Inventory Outstanding

140

137

117

Pretty Stable

Days Of Sales Outstanding

60.31

32.73

72.846

Slightly volatile

Fixed Asset Turnover

0.69

0.66

0.6004

Slightly volatile

Debt Ratio

0.06

0.0632

0.2506

Slightly volatile

Price Sales Ratio

0.94

0.99

13.3384

Slightly volatile

Asset Turnover

0.31

0.35

0.315

Slightly volatile

Largo Resources Valuation Data

Trends

Current Value

Last Year

Historical Average

10 Year Trend

Market Cap

117.4 M

123.5 M

641.9 M

Pretty Stable

Enterprise Value

112.3 M

118.2 M

648.9 M

Pretty Stable

Largo Fundamental Market Drivers

	Forward Price Earnings	7.8309
	Cash And Short Term Investments	22.1 M

Largo Upcoming Events

	14th of March 2024 Upcoming Quarterly Report	View
	8th of May 2024 Next Financial Report	View
	31st of December 2023 Next Fiscal Quarter End	View
	14th of March 2024 Next Fiscal Year End	View
	30th of September 2023 Last Quarter Report	View
	31st of December 2022 Last Financial Announcement	View

About Largo Resources Financial Statements

Largo Resources investors utilize fundamental indicators, such as revenue or net income, to predict how Largo Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.

	Last Reported	Projected for Next Year
Current Deferred Revenue	4.5 M	4.7 M
Total Revenue	143.7 M	145.7 M
Cost Of Revenue	167.7 M	103.9 M
Stock Based Compensation To Revenue	0.01	0.01
Sales General And Administrative To Revenue	0.21	0.31
Capex To Revenue	0.39	0.37
Revenue Per Share	1.81	1.78
Ebit Per Revenue	(0.33)	(0.35)

Pair Trading with Largo Resources

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Largo Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Largo Resources will appreciate offsetting losses from the drop in the long position's value.

Moving together with Largo Stock

0.69	002716	Chenzhou Jingui Silver	Pair Corr
0.76	CMCL	Caledonia Mining	Pair Corr

Moving against Largo Stock

0.63	TM1	Technology Minerals PLC	Pair Corr
0.62	NVA	Nova Minerals Limited	Pair Corr
0.41	GFM	Griffin Mining	Pair Corr
0.34	601121	Xinjiang Baodi Mining	Pair Corr
0.31	AAZ	Anglo Asian Mining	Pair Corr

The ability to find closely correlated positions to Largo Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Largo Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Largo Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Largo Resources to buy it.

The correlation of Largo Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Largo Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Largo Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Largo Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Largo Resources offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Largo Resources' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Largo Resources Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Largo Resources Stock:

How To Invest In Largo

Details

Is Largo Stock a good investment?

Details

What is Largo Resources' Net Worth?

Details

Largest Diversified Metals & Mining Companies

View

Largest Other Industrial Metals & Mining Companies

View

Check out the analysis of Largo Resources Correlation against competitors.

To learn how to invest in Largo Stock, please use our How to Invest in Largo Resources guide.

You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Largo Resources. If investors know Largo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Largo Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

1.153

Earnings Share

(0.99)

Revenue Per Share

1.745

Quarterly Revenue Growth

0.112

Return On Assets

(0.02)

The market value of Largo Resources is measured differently than its book value, which is the value of Largo that is recorded on the company's balance sheet. Investors also form their own opinion of Largo Resources' value that differs from its market value or its book value, called intrinsic value, which is Largo Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Largo Resources' market value can be influenced by many factors that don't directly affect Largo Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Largo Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Largo Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Largo Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Largo Financial Statements From 2010 to 2026

Largo Resources Total Revenue

145.73 Million

Largo Resources Balance Sheet

Largo Resources Income Statement

Largo Resources Cash Flow Statement

Financial Ratios

Largo Resources Valuation Data

Largo Fundamental Market Drivers

Largo Upcoming Events

About Largo Resources Financial Statements

Pair Trading with Largo Resources

Moving together with Largo Stock

Moving against Largo Stock

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