Largo Resources Stock

Largo Resources Liabilities 2024

Largo Resources Liabilities

132.97 M USD

Ticker

LGO.TO

ISIN

CA5171036026

WKN

A2QQS8

In 2024, Largo Resources's total liabilities amounted to 132.97 M USD, a 47.09% difference from the 90.4 M USD total liabilities 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.

Liabilities Details

Assessing Largo Resources's Liabilities

Largo Resources's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Largo Resources's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Largo Resources's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Largo Resources's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Largo Resources’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Largo Resources stock

What is the level of liabilities of Largo Resources this year?

Largo Resources has a debt balance of 132.97 M USD this year.

What were the liabilities of Largo Resources compared to the previous year?

The liabilities of Largo Resources have increased by 47.09% increased compared to the previous year.

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

High liabilities can pose a risk for investors of Largo Resources, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Largo Resources?

Low liabilities mean that Largo Resources has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of Largo Resources affect the company?

An increase in liabilities of Largo Resources can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of Largo Resources affect the company?

A decrease in the liabilities of Largo Resources can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

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

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

Why is the level of liabilities of Largo Resources so important for investors?

The liabilities of Largo Resources are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Largo Resources take to modify the liabilities?

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

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 10/11/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 10/11/2024.

When did Largo Resources pay the last dividend?

The last dividend was paid out on 10/11/2024.

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.