Local Bounti Corp (LOCL)
1.80
+0.05
(+2.86%)
USD |
NYSE |
Nov 22, 09:37
Local Bounti Debt to Equity Ratio: -6.072 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | -6.072 |
| 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 |
| Date | Value |
|---|---|
| March 31, 2023 | 1.175 |
| 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
-2.119
Average
0.8641
Median
Debt to Equity Ratio Benchmarks
| Alico Inc | 0.3119 |
| S&W Seed Co | 1.325 |
| Pioneer Green Farms Inc | -1.626 |
| 22nd Century Group Inc | 2.188 |
| Greenlane Holdings Inc | 0.911 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 430.81M |
| Total Liabilities (Quarterly) | 496.43M |
| Shareholders Equity (Quarterly) | -65.61M |
| Current Ratio | 0.3257 |
| Net Debt Paydown Yield | -202.5% |