Local Bounti Corp (LOCL)
2.61
+0.03
(+1.16%)
USD |
NYSE |
May 03, 16:00
2.58
-0.03
(-1.15%)
After-Hours: 20:00
Local Bounti Debt to Equity Ratio: 18.20 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 18.20 |
| September 30, 2023 | 2.789 |
| June 30, 2023 | 1.825 |
| March 31, 2023 | 1.175 |
| December 31, 2022 | 0.9875 |
| Date | Value |
|---|---|
| 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
0.1101
Minimum
Dec 2021
18.20
Maximum
Dec 2023
2.994
Average
0.9875
Median
Dec 2022
Debt to Equity Ratio Benchmarks
| Alico Inc | 0.2944 |
| S&W Seed Co | 0.9154 |
| Stevia Nutra Corp | -- |
| Pioneer Green Farms Inc | -1.488 |
| African Agriculture Holdings Inc | -0.6039 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 381.75M |
| Total Liabilities (Quarterly) | 366.48M |
| Shareholders Equity (Quarterly) | 15.27M |
| Current Ratio | 0.8449 |
| Net Debt Paydown Yield | -191.1% |