Largo Resources Stock

Largo Resources Debt 2024

Largo Resources Debt

33.81 USD

Ticker

LGO.TO

ISIN

CA5171036026

WKN

A2QQS8

In 2024, Largo Resources's total debt was 33.81 USD, a -150.56% change from the -66.87 USD total debt recorded in the previous year.

Largo Resources Aktienanalyse

What does Largo Resources do?

Largo Resources Ltd was founded in 1983 and is based in Toronto, Canada. The company operates in the natural resources sector and specializes in the extraction of vanadium. Largo Resources operates multiple vanadium mines and is Europe's largest vanadium supplier. The business model of Largo Resources is based on the extraction and sale of vanadium. The metal is used in the steel industry to improve the strength and toughness of steel. It is also used in the battery industry to produce batteries with higher capacity, longer lifetimes, and faster charging times. Largo Resources is divided into two divisions: Mining and Exploration. The Mining division includes the extraction and processing of vanadium ore. The company currently operates two vanadium mines in Brazil, the Maracas Menchen Mine and the Campbell Mine. The ores are mined in the mines and processed into vanadium pentoxide in the plants. The vanadium pentoxide is then either sold directly to customers or further processed to produce other vanadium products. The Exploration division of Largo Resources focuses on the search for new vanadium deposits. The company has acquired and developed several successfully explored deposits in the past. These can serve as potential extensions of existing mines or as independent projects in the future. Largo Resources offers several vanadium products, including vanadium concentrate, vanadium pentoxide, and vanadium iron. The concentrate is sold to customers who use it in the steel industry to produce steel with improved properties. The vanadium pentoxide is either sold directly to customers or further processed to produce other vanadium products. Vanadium iron is used in the battery industry to produce durable and high-performance batteries. Largo Resources is a key player in the vanadium industry and has received several awards for its achievements in recent years. The company has recently expanded its focus on renewable energy and is working on the development of rechargeable vanadium redox flow batteries. These batteries can be used in combination with renewable energy sources to store and reliably provide energy. Overall, Largo Resources has an impressive history in the vanadium industry and is expected to play a significant role in the future. The company has an innovative business model and offers a wide range of vanadium products that can be used in various industries. Largo Resources ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Debt Details

Understanding Largo Resources's Debt Structure

Largo Resources's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing Largo Resources's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to Largo Resources’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in Largo Resources’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about Largo Resources stock

What is the debt of Largo Resources this year?

Largo Resources has a debt level of 33.81 USD this year.

What was the debt of Largo Resources compared to the previous year?

The debt of Largo Resources has increased by -150.56% compared to the previous year dropped.

What are the consequences of high debt for investors in Largo Resources?

High debt can pose a risk for investors of Largo Resources, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

What are the consequences of low debt for investors of Largo Resources?

Low debt means that Largo Resources has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from Largo Resources affect the company?

An increase in debt of Largo Resources can adversely affect the financial condition of the company and result in a higher burden on its finances.

How does a reduction of debt of Largo Resources affect the company?

A reduction in debt of Largo Resources can strengthen the company's financial position and improve its ability to meet its financial obligations.

What are some factors that influence the debt of Largo Resources?

Some factors that can influence the debt of Largo Resources include investments, acquisitions, operating costs, and revenue development.

Why are the debts of Largo Resources so important for investors?

The debts of Largo Resources are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

What strategic measures can Largo Resources take to change the debt?

To change the debt, Largo Resources can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.

How much dividend does Largo Resources pay?

Over the past 12 months, Largo Resources paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Largo Resources is expected to pay a dividend of 0 USD.

What is the dividend yield of Largo Resources?

The current dividend yield of Largo Resources is .

When does Largo Resources pay dividends?

Largo Resources pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Largo Resources?

Largo Resources paid dividends every year for the past 0 years.

What is the dividend of Largo Resources?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Largo Resources located?

Largo Resources is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Largo Resources kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Largo Resources from 8/21/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 8/21/2024.

When did Largo Resources pay the last dividend?

The last dividend was paid out on 8/21/2024.

What was the dividend of Largo Resources in the year 2023?

In the year 2023, Largo Resources distributed 0 USD as dividends.

In which currency does Largo Resources pay out the dividend?

The dividends of Largo Resources are distributed in USD.

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Andere Kennzahlen von Largo Resources

Our stock analysis for Largo Resources Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Largo Resources Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.