Return On Asset ratio Analysis of Local Bounti Corp - Deep Dive
Latest FY ROA
Period Ending - Dec-23
Very Poor ROA
-22.26
Period Ending - Dec-22
Very Poor ROA
-39.85
Growth
44.13 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Very Poor ROA
-33.93
Most recent Quarter ROA
Period Ending - Mar-24
Very Poor ROA
-5.82
ROA Analysis of Local Bounti Corp
ROA Ratio of Local Bounti Corp with value of -33.93 means poor return on Assets in trailing twelve months. |
ROA Ratio of Local Bounti Corp with value of -5.82 means poor return on Assets in latest Quarter ending on Mar-24. |
ROA Ratio of LOCL rose handsomely by 44.13 % this year. |
ROA Ratio with value of -0.0390 was highest in Year Dec-21 in last Five Years. |
ROA Ratio with value of -92.39 was lowest in Year Dec-20 in last Five Years. |
Latest ROA Ratio with value of -22.26 is Greater than Average ROA of -42.48 in last five years. |
ROA of Local Bounti Corp is negative because of negative Income in last Financial Year , last Quarter and also in last twelve Months. |
Other ROA 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 Return On Asset
The return on assets (ROA) is a commonly used profitability ratio that shows how effectively a company uses its assets to generate profit. more ..ROA Related Ratios
ReturnOnEquity | AssetTurnoverRatio |
Tsr Profitability Index
Poor Profitability Stock |
FY - Historical Return On Asset of Local Bounti Corp
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 |
---|---|---|---|---|---|
ROA | -22.26 | -39.85 | -0.0390 | -92.39 | -57.85 |
Change | 44.13 % | -102145.46 % | 99.96 % | -59.71 % |
FY Chart of Return On Asset of Local Bounti Corp
Note : All Data Generated at the End of Trading Hours (EOD Data)