Debt to Equity Ratio Analysis of Local Bounti Corp - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Debt to Equity
Period Ending - Dec-23
Very Poor Debt to Equity
18.21
Period Ending - Dec-22
Good Debt to Equity
0.988
Growth
1742.53 %
Most recent Quarter Debt to Equity
Period Ending - Mar-24
Very Poor Debt to Equity
-34.92
Debt to Equity Analysis of Local Bounti Corp
| Debt to Equity Ratio of Local Bounti Corp with value of 18.21 indicates to run a business company uses higher amount of long-term debt. |
| Debt to Equity Ratio of LOCL rose handsomely by 1742.53 % this year. |
| Debt to Equity Ratio of LOCL trending up for at least three Years. |
| Debt to Equity Ratio with value of -0.060 was lowest in Year Dec-20 in last Five Years. |
| Latest Debt to Equity Ratio with value of 18.21 is Greater than Average Debt to Equity of 3.85 in last five years. |
Other Debt to Equity Related Info of LOCL that may interest you.
Local Bounti Corp Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| LOCL | 2.91 | 2.95 | 1.36 % | Farm Products |
Defination of Debt to Equity Ratio
Debt to Equity Ratio shows the relationship between the company's total debt and total shareholders fund. And it indicates the ability of a company's shareholders' equity to pay its debt obligations in a tough time. more ..
Debt to Equity Related Ratios
| ShortTermDebtToEquityRatio | DividendCoverageRatio | CurrentRatio |
Tsr Stability Index
| Poor Stability Stock | |
FY - Historical Debt to Equity Ratio of Local Bounti Corp
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 |
|---|---|---|---|---|---|
| Debt to Equity | 18.21 | 0.988 | 0.110 | -0.060 | 0 |
| Change | 1742.53 % | 794.99 % | 284.33 % |
FY Chart of Debt to Equity Ratio of Local Bounti Corp
Note : All Data Generated at the End of Trading Hours (EOD Data)