LGO
Largo Inc.
Price Chart
Latest Quote
$0.69
| Previous Close | $0.67 |
| Open | $0.69 |
| Day High | $0.71 |
| Day Low | $0.67 |
| Volume | 118,989 |
Stock Information
| Shares Outstanding | 101.34M |
| Total Debt | $108.37M |
| Cash Equivalents | $11.20M |
| Revenue | $109.18M |
| Net Income | $-65.80M |
| Sector | Basic Materials |
| Industry | Other Industrial Metals & Mining |
| Market Cap | $69.69M |
| EPS (TTM) | $-0.94 |
| Exchange | NMS |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $171.19M |
| Sales | $109.18M |
| Income | $-65.80M |
| Book/sh | $1.51 |
| Cash/sh | $0.11 |
| Employees | 500 |
Financial Ratios
| Quick Ratio | 0.13 |
| Current Ratio | 0.55 |
| Debt/Eq | 69.66 |
Returns & Margins
| ROA | -8.21% |
| ROE | -39.44% |
| Gross Margin | -23.11% |
| Operating Margin | -19.20% |
| Profit Margin | -60.27% |
Ownership
| Insider Ownership | 0.43% |
| Institutional Ownership | 48.46% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | 7.64 |
| P/S | 0.64 |
| P/B | 0.45 |
Analyst Data
| Recommendation | none |
| Target Price | $2.80 |
Technical Indicators
| SMA20 | $0.82 |
| SMA50 | $1.01 |
| SMA200 | $1.24 |
| RSI | 22.32 |
| ATR | 0.0664 |
| Shares Float | 65.47M |
| Short Ratio | 3.86 |
| Volatility | 2.30 |
| Rel Volume | 0.16 |
Performance History
| Week | -9.51% |
| Month | -29.10% |
| Quarter | -43.63% |
| 6 Months | -29.83% |
| YTD | -34.50% |
| Year | -41.72% |
| 3 Years | -84.15% |
| 5 Years | -95.59% |
| 10 Years | -81.41% |
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-25 | $0.69 | 118,989 |
| 2026-06-24 | $0.67 | 350,800 |
| 2026-06-23 | $0.70 | 409,400 |
| 2026-06-22 | $0.74 | 434,800 |
| 2026-06-18 | $0.73 | 1,062,100 |
| 2026-06-17 | $0.76 | 330,200 |
| 2026-06-16 | $0.79 | 258,000 |
| 2026-06-15 | $0.82 | 527,100 |
| 2026-06-12 | $0.80 | 916,000 |
| 2026-06-11 | $0.80 | 505,300 |
| 2026-06-10 | $0.75 | 942,400 |
| 2026-06-09 | $0.81 | 960,800 |
| 2026-06-08 | $0.84 | 718,900 |
| 2026-06-05 | $0.86 | 1,303,000 |
| 2026-06-04 | $0.93 | 389,700 |
| 2026-06-03 | $0.93 | 1,434,500 |
| 2026-06-02 | $0.97 | 652,500 |
| 2026-06-01 | $0.93 | 685,800 |
| 2026-05-29 | $0.93 | 1,561,200 |
| 2026-05-28 | $0.94 | 907,700 |
| 2026-05-27 | $0.96 | 474,900 |
| 2026-05-26 | $0.97 | 622,700 |
About Largo Inc.
Largo Inc., together with its subsidiaries, produces, supplies, and sells vanadium and ilmenite products in Canada and internationally. It operates through six segments: Sales and Trading; Mine Properties; Corporate; Exploration and Evaluation Properties; Clean Energy; and Largo Physical Vanadium. The company offers vanadium pentoxide flakes and powder, vanadium trioxide powder, and ferrovanadium, as well as ilmenite concentrate; and vanadium flow battery electrolyte and technology. Its products are used in steel, aerospace, defense, chemical and catalysts, master alloys, and titanium dioxide production applications. The company was formerly known as Largo Resources Ltd. and changed its name to Largo Inc. in November 2021. Largo Inc. was incorporated in 1988 and is headquartered in Toronto, Canada.
đ° Latest News
How Tariff Disruption Hit Largoâs (LGO) Vanadium Sales in Late 2025
Insider Monkey âĸ 2026-04-07T19:20:01ZLargo (TSX:LGO) Is Up 30.1% After Upbeat 2026 V2O5 Output Guidance From MaracÃĄs Menchen
Simply Wall St. âĸ 2026-02-11T03:14:12ZLargo Insiders May Regret Not Buying More, Market Cap Hits CA$140m
Simply Wall St. âĸ 2026-02-07T13:34:36ZLargo (TSX:LGO): Valuation Insights After Debt Deferral Deal Reshapes Balance Sheet
Simply Wall St. âĸ 2025-10-15T10:07:17ZWhile private equity firms own 44% of Largo Inc. (TSE:LGO), individual investors are its largest shareholders with 44% ownership
Simply Wall St. âĸ 2025-09-13T13:08:53ZIncome Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $132,640,000 | $145,818,000 | $174,758,000 | $169,719,000 |
| Cost Of Revenue | $132,640,000 | $145,818,000 | $174,758,000 | $169,719,000 |
| Total Revenue | $109,887,000 | $124,920,000 | $198,684,000 | $229,251,000 |
| Operating Revenue | $109,887,000 | $124,920,000 | $198,684,000 | $229,251,000 |
| Expenses | ||||
| Interest Expense | $13,143,000 | $9,460,000 | $9,630,000 | $1,646,000 |
| Total Expenses | $155,951,000 | $171,200,000 | $214,961,000 | $213,564,000 |
| Other Income Expense | $7,249,000 | $-17,028,000 | $-11,167,000 | $-11,111,000 |
| Net Non Operating Interest Income Expense | $-12,860,000 | $-7,937,000 | $-7,612,000 | $-537,000 |
| Interest Expense Non Operating | $13,143,000 | $9,460,000 | $9,630,000 | $1,646,000 |
| Operating Expense | $23,311,000 | $25,382,000 | $40,203,000 | $43,845,000 |
| Other Operating Expenses | $216,000 | $2,328,000 | $5,705,000 | $1,935,000 |
| General And Administrative Expense | $23,095,000 | $23,054,000 | $34,498,000 | $41,968,000 |
| Rent Expense Supplemental | - | - | - | $553,000 |
| Total Other Finance Cost | - | - | - | $183,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-68,509,000 | $-49,828,000 | $-30,343,000 | $-1,451,000 |
| Net Interest Income | $-12,860,000 | $-7,937,000 | $-7,612,000 | $-537,000 |
| Interest Income | $283,000 | $1,523,000 | $2,018,000 | $1,109,000 |
| Normalized Income | $-79,931,300 | $-37,742,649 | $-20,035,441 | $6,747,807 |
| Net Income From Continuing And Discontinued Operation | $-68,509,000 | $-49,828,000 | $-30,343,000 | $-1,451,000 |
| Net Income Common Stockholders | $-68,509,000 | $-49,828,000 | $-30,343,000 | $-1,451,000 |
| Net Income | $-68,509,000 | $-49,828,000 | $-30,343,000 | $-1,451,000 |
| Net Income Including Noncontrolling Interests | $-68,738,000 | $-50,565,000 | $-32,358,000 | $-2,226,000 |
| Net Income Continuous Operations | $-68,738,000 | $-50,565,000 | $-32,358,000 | $-2,226,000 |
| Pretax Income | $-51,675,000 | $-71,245,000 | $-35,056,000 | $4,039,000 |
| Special Income Charges | $4,759,000 | $-4,511,000 | $-10,984,000 | $-12,695,000 |
| Earnings From Equity Interest | $-6,189,000 | - | - | - |
| Interest Income Non Operating | $283,000 | $1,523,000 | $2,018,000 | $1,109,000 |
| Operating Income | $-46,064,000 | $-46,280,000 | $-16,277,000 | $15,687,000 |
| Gross Profit | $-22,753,000 | $-20,898,000 | $23,926,000 | $59,532,000 |
| Depreciation Amortization Depletion Income Statement | - | - | - | $2,396,000 |
| Depreciation And Amortization In Income Statement | - | - | - | $2,396,000 |
| Per Share | ||||
| Diluted EPS | $-1.01 | $-0.78 | $-0.47 | $-0.02 |
| Basic EPS | $-1.01 | $-0.78 | $-0.47 | $-0.02 |
| Other | ||||
| Tax Effect Of Unusual Items | $2,015,700 | $-4,942,649 | $-859,441 | $-2,912,193 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-29,975,000 | $-16,082,000 | $14,991,000 | $40,074,000 |
| Total Unusual Items | $13,438,000 | $-17,028,000 | $-11,167,000 | $-11,111,000 |
| Total Unusual Items Excluding Goodwill | $13,438,000 | $-17,028,000 | $-11,167,000 | $-11,111,000 |
| Reconciled Depreciation | $21,995,000 | $28,675,000 | $29,250,000 | $23,278,000 |
| EBITDA (Bullshit earnings) | $-16,537,000 | $-33,110,000 | $3,824,000 | $28,963,000 |
| EBIT | $-38,532,000 | $-61,785,000 | $-25,426,000 | $5,685,000 |
| Diluted Average Shares | $68,057,426 | $64,826,923 | $64,038,000 | $64,446,000 |
| Basic Average Shares | $68,057,426 | $64,826,923 | $64,038,000 | $64,446,000 |
| Diluted NI Availto Com Stockholders | $-68,509,000 | $-49,828,000 | $-30,343,000 | $-1,451,000 |
| Minority Interests | $229,000 | $737,000 | $2,015,000 | $775,000 |
| Tax Provision | $17,063,000 | $-20,680,000 | $-2,698,000 | $6,265,000 |
| Gain On Sale Of Business | $5,179,000 | - | - | - |
| Other Special Charges | $714,000 | $3,392,000 | $6,122,000 | $12,695,000 |
| Impairment Of Capital Assets | $-294,000 | $1,119,000 | $4,862,000 | $0 |
| Gain On Sale Of Security | $8,679,000 | $-12,517,000 | $-183,000 | $1,584,000 |
| Selling General And Administration | $23,095,000 | $23,054,000 | $34,498,000 | $41,968,000 |
| Other Gand A | $20,806,000 | $21,733,000 | $34,860,000 | $39,596,000 |
| Salaries And Wages | $2,289,000 | $1,321,000 | $-362,000 | $2,372,000 |
| Provision For Doubtful Accounts | - | - | $0 | $-58,000 |
| Rent And Landing Fees | - | - | - | $553,000 |
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $128,941,000 | $162,563,000 | $242,499,000 | $258,129,000 |
| Total Assets | $318,755,000 | $318,668,000 | $381,621,000 | $355,750,000 |
| Total Non Current Assets | $240,705,000 | $225,381,000 | $244,498,000 | $201,606,000 |
| Other Non Current Assets | $37,771,000 | $30,295,000 | $18,674,000 | $14,510,000 |
| Non Current Deferred Assets | $5,012,000 | $22,075,000 | $7,495,000 | $4,596,000 |
| Non Current Deferred Taxes Assets | $5,012,000 | $22,075,000 | $7,495,000 | $4,596,000 |
| Goodwill And Other Intangible Assets | $1,414,000 | $2,255,000 | $6,153,000 | $7,263,000 |
| Other Intangible Assets | $1,414,000 | $2,255,000 | $6,153,000 | $7,263,000 |
| Current Assets | $78,050,000 | $93,287,000 | $137,123,000 | $154,144,000 |
| Assets Held For Sale Current | $0 | $7,613,000 | $0 | - |
| Restricted Cash | $382,000 | $530,000 | $712,000 | $470,000 |
| Prepaid Assets | $7,376,000 | $5,759,000 | $6,534,000 | $14,007,000 |
| Inventory | $49,511,000 | $47,538,000 | $61,565,000 | $64,221,000 |
| Receivables | $11,065,000 | $9,741,000 | $25,598,000 | $20,975,000 |
| Other Receivables | $331,000 | $28,000 | $28,000 | $28,000 |
| Taxes Receivable | $7,322,000 | $4,242,000 | $6,490,000 | $2,662,000 |
| Accounts Receivable | $3,412,000 | $5,471,000 | $19,080,000 | $18,285,000 |
| Cash Cash Equivalents And Short Term Investments | $9,716,000 | $22,106,000 | $42,714,000 | $54,471,000 |
| Cash And Cash Equivalents | $9,716,000 | $22,106,000 | $42,714,000 | $54,471,000 |
| Cash Financial | $9,716,000 | $22,106,000 | $42,714,000 | $54,471,000 |
| Debt | ||||
| Total Debt | $107,066,000 | $92,280,000 | $76,525,000 | $42,054,000 |
| Current Debt And Capital Lease Obligation | $107,066,000 | $74,780,000 | $600,000 | $4,581,000 |
| Long Term Debt And Capital Lease Obligation | - | $17,500,000 | $75,925,000 | $37,473,000 |
| Long Term Debt | - | $17,500,000 | $75,000,000 | $36,000,000 |
| Net Debt | - | - | $32,286,000 | - |
| Current Debt | - | - | - | $4,000,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $182,219,000 | $147,440,000 | $125,822,000 | $81,196,000 |
| Total Non Current Liabilities Net Minority Interest | $28,286,000 | $33,181,000 | $83,367,000 | $42,223,000 |
| Non Current Deferred Liabilities | $22,513,000 | $13,638,000 | $0 | - |
| Current Liabilities | $153,933,000 | $114,259,000 | $42,455,000 | $38,973,000 |
| Current Deferred Liabilities | $3,537,000 | $3,889,000 | $3,553,000 | $1,698,000 |
| Payables And Accrued Expenses | $42,526,000 | $31,270,000 | $31,439,000 | $26,634,000 |
| Payables | $21,412,000 | $22,475,000 | - | - |
| Total Tax Payable | $3,747,000 | $813,000 | - | - |
| Accounts Payable | $17,665,000 | $21,662,000 | - | - |
| Other Current Liabilities | - | $962,000 | - | - |
| Other Non Current Liabilities | - | - | $724,000 | $326,000 |
| Equity | ||||
| Common Stock Equity | $130,355,000 | $164,818,000 | $248,652,000 | $265,392,000 |
| Total Equity Gross Minority Interest | $136,536,000 | $171,228,000 | $255,799,000 | $274,554,000 |
| Stockholders Equity | $130,355,000 | $164,818,000 | $248,652,000 | $265,392,000 |
| Other Equity Interest | $17,841,000 | $11,853,000 | $12,200,000 | $14,138,000 |
| Gains Losses Not Affecting Retained Earnings | $-123,444,000 | $-133,527,000 | $-98,200,000 | $-112,165,000 |
| Other Equity Adjustments | $-123,444,000 | $-133,527,000 | $-98,200,000 | $-112,165,000 |
| Retained Earnings | $-187,326,000 | $-126,496,000 | $-77,643,000 | $-48,227,000 |
| Long Term Equity Investment | $4,641,000 | $0 | - | - |
| Other | ||||
| Ordinary Shares Number | $83,673,905 | $64,112,297 | $64,051,362 | $64,004,956 |
| Share Issued | $83,673,905 | $64,112,297 | $64,051,362 | $64,004,956 |
| Tangible Book Value | $128,941,000 | $162,563,000 | $242,499,000 | $258,129,000 |
| Invested Capital | $130,355,000 | $182,318,000 | $323,652,000 | $301,392,000 |
| Working Capital | $-75,883,000 | $-20,972,000 | $94,668,000 | $115,171,000 |
| Total Capitalization | $130,355,000 | $182,318,000 | $323,652,000 | $301,392,000 |
| Minority Interest | $6,181,000 | $6,410,000 | $7,147,000 | $9,162,000 |
| Capital Stock | $423,284,000 | $412,988,000 | $412,295,000 | $411,646,000 |
| Common Stock | $423,284,000 | $412,988,000 | $412,295,000 | $411,646,000 |
| Non Current Deferred Revenue | $22,513,000 | $13,638,000 | $0 | - |
| Long Term Provisions | $5,773,000 | $2,043,000 | $6,718,000 | $4,424,000 |
| Current Deferred Revenue | $3,537,000 | $3,889,000 | $3,553,000 | $1,698,000 |
| Current Provisions | $804,000 | $3,358,000 | $6,863,000 | $6,060,000 |
| Current Accrued Expenses | $21,114,000 | $8,795,000 | - | - |
| Investments And Advances | $4,641,000 | $0 | - | - |
| Investmentsin Associatesat Cost | $4,641,000 | $0 | - | - |
| Net PPE | $191,867,000 | $170,756,000 | $212,176,000 | $175,237,000 |
| Accumulated Depreciation | $-210,855,000 | $-165,839,000 | $-184,785,000 | $-147,654,000 |
| Gross PPE | $402,722,000 | $336,595,000 | $396,961,000 | $322,891,000 |
| Construction In Progress | $6,049,000 | $13,710,000 | $11,771,000 | $29,424,000 |
| Machinery Furniture Equipment | $735,000 | $940,000 | $346,000 | $321,000 |
| Buildings And Improvements | $235,617,000 | $195,981,000 | $245,750,000 | $186,691,000 |
| Finished Goods | $37,567,000 | $36,123,000 | $44,254,000 | $48,546,000 |
| Work In Process | $1,195,000 | $606,000 | $1,802,000 | $998,000 |
| Raw Materials | $10,749,000 | $10,809,000 | $15,509,000 | $14,677,000 |
| Capital Lease Obligations | - | $0 | $1,525,000 | $2,054,000 |
| Long Term Capital Lease Obligation | - | $0 | $925,000 | $1,473,000 |
| Current Capital Lease Obligation | - | $0 | $600,000 | $581,000 |
| Line Of Credit | - | - | - | $4,000,000 |
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-37,662,000 | $-31,067,000 | $-32,506,000 | $-42,177,000 |
| Operating Activities | ||||
| Operating Cash Flow | $-10,222,000 | $11,159,000 | $21,197,000 | $3,460,000 |
| Cash Flow From Continuing Operating Activities | $-10,222,000 | $11,159,000 | $21,197,000 | $3,460,000 |
| Operating Gains Losses | $-9,069,000 | $13,204,000 | $-353,000 | $-4,580,000 |
| Investing Activities | ||||
| Capital Expenditure | $-27,440,000 | $-42,226,000 | $-53,703,000 | $-45,637,000 |
| Investing Cash Flow | $-26,440,000 | $-42,226,000 | $-62,885,000 | $-60,147,000 |
| Cash Flow From Continuing Investing Activities | $-26,440,000 | $-42,226,000 | $-62,885,000 | $-60,147,000 |
| Net Other Investing Changes | - | - | $-9,182,000 | $-14,510,000 |
| Financing Activities | ||||
| Issuance Of Capital Stock | $21,675,000 | $0 | $0 | $277,000 |
| Financing Cash Flow | $23,894,000 | $12,044,000 | $29,127,000 | $26,435,000 |
| Cash Flow From Continuing Financing Activities | $23,894,000 | $12,044,000 | $29,127,000 | $26,435,000 |
| Cash Dividends Paid | $0 | $0 | $0 | $0 |
| Net Common Stock Issuance | $21,675,000 | $0 | $0 | $-5,811,000 |
| Common Stock Issuance | $21,675,000 | $0 | $0 | $277,000 |
| Repurchase Of Capital Stock | - | - | $0 | $-6,088,000 |
| Other | ||||
| Repayment Of Debt | $-92,229,000 | $-27,675,000 | $-35,580,000 | $-30,569,000 |
| Issuance Of Debt | $107,015,000 | $44,355,000 | $70,000,000 | $55,000,000 |
| End Cash Position | $9,716,000 | $22,106,000 | $42,714,000 | $54,471,000 |
| Beginning Cash Position | $22,106,000 | $42,714,000 | $54,471,000 | $83,790,000 |
| Effect Of Exchange Rate Changes | $378,000 | $-1,585,000 | $804,000 | $933,000 |
| Changes In Cash | $-12,768,000 | $-19,023,000 | $-12,561,000 | $-30,252,000 |
| Interest Paid Cff | $-12,974,000 | $-6,301,000 | $-7,065,000 | $-616,000 |
| Net Issuance Payments Of Debt | $14,786,000 | $16,680,000 | $34,420,000 | $24,431,000 |
| Net Short Term Debt Issuance | $14,786,000 | $17,280,000 | $35,000,000 | $25,000,000 |
| Short Term Debt Payments | $-92,229,000 | $-27,075,000 | $-35,000,000 | $-30,000,000 |
| Short Term Debt Issuance | $107,015,000 | $44,355,000 | $70,000,000 | $55,000,000 |
| Net Long Term Debt Issuance | $0 | $-600,000 | $-580,000 | $-569,000 |
| Long Term Debt Payments | $0 | $-600,000 | $-580,000 | $-569,000 |
| Interest Received Cfi | $1,000,000 | $0 | - | - |
| Net PPE Purchase And Sale | $-27,440,000 | $-42,226,000 | $-53,546,000 | $-42,193,000 |
| Taxes Refund Paid | $-181,000 | $2,914,000 | $-686,000 | $-4,735,000 |
| Change In Working Capital | $-9,112,000 | $7,925,000 | $11,862,000 | $-17,964,000 |
| Change In Other Working Capital | $-352,000 | $336,000 | $1,855,000 | $-3,771,000 |
| Change In Payables And Accrued Expense | $8,609,000 | $-383,000 | $4,614,000 | $5,176,000 |
| Change In Payable | $8,609,000 | $-383,000 | $4,614,000 | $5,176,000 |
| Change In Account Payable | $8,609,000 | $-383,000 | $4,614,000 | $5,176,000 |
| Change In Prepaid Assets | $-1,067,000 | $-278,000 | $7,961,000 | $-7,232,000 |
| Change In Inventory | $-15,707,000 | $-5,845,000 | $1,293,000 | $-15,710,000 |
| Change In Receivables | $-595,000 | $14,095,000 | $-3,861,000 | $3,573,000 |
| Other Non Cash Items | $14,553,000 | $8,771,000 | $7,612,000 | $1,108,000 |
| Stock Based Compensation | $2,289,000 | $1,321,000 | $-362,000 | $2,372,000 |
| Asset Impairment Charge | $20,978,000 | $19,594,000 | $8,930,000 | $0 |
| Deferred Tax | $17,063,000 | $-20,680,000 | $-2,698,000 | $6,265,000 |
| Deferred Income Tax | $17,063,000 | $-20,680,000 | $-2,698,000 | $6,265,000 |
| Depreciation Amortization Depletion | $21,995,000 | $28,675,000 | $29,250,000 | $23,278,000 |
| Depreciation And Amortization | $21,995,000 | $28,675,000 | $29,250,000 | $23,278,000 |
| Depreciation | $21,995,000 | $28,675,000 | $29,250,000 | $23,278,000 |
| Earnings Losses From Equity Investments | $6,189,000 | $0 | - | - |
| Net Foreign Currency Exchange Gain Loss | $-10,079,000 | $12,112,000 | $-509,000 | $-4,580,000 |
| Gain Loss On Sale Of PPE | $0 | $1,092,000 | $0 | $0 |
| Gain Loss On Sale Of Business | $-5,179,000 | $0 | - | - |
| Net Income From Continuing Operations | $-68,738,000 | $-50,565,000 | $-32,358,000 | $-2,226,000 |
| Net Intangibles Purchase And Sale | - | $0 | $-157,000 | $-3,444,000 |
| Common Stock Payments | - | - | $0 | $-6,088,000 |
| Purchase Of Intangibles | - | - | $-157,000 | $-3,444,000 |
| Provisionand Write Offof Assets | - | - | $0 | $-58,000 |
| Interest Paid Supplemental Data | - | - | - | $616,000 |
| Long Term Debt Issuance | - | - | - | - |
| Purchase Of PPE | - | - | - | - |
| Change In Other Current Assets | - | - | - | - |