Local Bounti Corp (LOCL)
2.45
-0.03
(-1.05%)
USD |
NYSE |
Nov 04, 16:00
2.43
-0.02
(-0.82%)
After-Hours: 20:00
Local Bounti Debt to Equity Ratio: -11.39 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | -11.39 |
| March 31, 2024 | -34.91 |
| December 31, 2023 | 18.20 |
| September 30, 2023 | 2.789 |
| June 30, 2023 | 1.825 |
| March 31, 2023 | 1.175 |
| Date | Value |
|---|---|
| December 31, 2022 | 0.9875 |
| September 30, 2022 | 0.9517 |
| June 30, 2022 | 0.7766 |
| March 31, 2022 | 0.1278 |
| December 31, 2021 | 0.1101 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
-34.91
Minimum
Mar 2024
18.20
Maximum
Dec 2023
-1.759
Average
0.9517
Median
Sep 2022
Debt to Equity Ratio Benchmarks
| Alico Inc | 0.3119 |
| S&W Seed Co | 1.325 |
| Stevia Nutra Corp | -- |
| Pioneer Green Farms Inc | -1.626 |
| 22nd Century Group Inc | -8.820 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 438.10M |
| Total Liabilities (Quarterly) | 470.94M |
| Shareholders Equity (Quarterly) | -32.84M |
| Current Ratio | 0.6155 |
| Net Debt Paydown Yield | -210.4% |