Limoneira Co (LMNR) - Net Assets
Based on the latest financial reports, Limoneira Co (LMNR) has net assets worth $190.84 Million USD as of October 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($311.14 Million) and total liabilities ($120.30 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check LMNR asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $190.84 Million |
| % of Total Assets | 61.34% |
| Annual Growth Rate | 7.62% |
| 5-Year Change | -4.22% |
| 10-Year Change | 37.56% |
| Growth Volatility | 28.73 |
Limoneira Co - Net Assets Trend (2008–2025)
This chart illustrates how Limoneira Co's net assets have evolved over time, based on quarterly financial data. Also explore LMNR total asset value for the complete picture of this company's asset base.
Annual Net Assets for Limoneira Co (2008–2025)
The table below shows the annual net assets of Limoneira Co from 2008 to 2025. For live valuation and market cap data, see Limoneira Co stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-10-31 | $190.84 Million | -5.76% |
| 2024-10-31 | $202.50 Million | +1.00% |
| 2023-10-31 | $200.50 Million | +4.50% |
| 2022-10-31 | $191.86 Million | -3.70% |
| 2021-10-31 | $199.25 Million | -3.55% |
| 2020-10-31 | $206.57 Million | -11.15% |
| 2019-10-31 | $232.50 Million | +1.11% |
| 2018-10-31 | $229.95 Million | +55.79% |
| 2017-10-31 | $147.60 Million | +6.40% |
| 2016-10-31 | $138.73 Million | +3.88% |
| 2015-10-31 | $133.55 Million | +2.21% |
| 2014-10-31 | $130.66 Million | +18.08% |
| 2013-10-31 | $110.65 Million | +109.96% |
| 2012-10-31 | $52.70 Million | +1.25% |
| 2011-10-31 | $52.05 Million | -0.08% |
| 2010-10-31 | $52.10 Million | +0.65% |
| 2009-10-31 | $51.76 Million | -5.52% |
| 2008-10-31 | $54.79 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Limoneira Co's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 105.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $180.00K | 0.10% |
| Other Comprehensive Income | $-6.27 Million | -3.66% |
| Other Components | $178.68 Million | 104.17% |
| Total Equity | $171.52 Million | 100.00% |
Limoneira Co Competitors by Market Cap
The table below lists competitors of Limoneira Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LCNB Corporation
NASDAQ:LCNB
|
$231.36 Million |
|
Acadian Timber Corp
TO:ADN
|
$231.37 Million |
|
Pacific Current Group Ltd
AU:PAC
|
$231.50 Million |
|
Coincheck Group N.V. Ordinary Shares
NASDAQ:CNCK
|
$231.54 Million |
|
Transgene SA
PA:TNG
|
$231.18 Million |
|
Nautilus Biotechnology Inc
NASDAQ:NAUT
|
$231.14 Million |
|
104 Corporation
TW:3130
|
$231.10 Million |
|
Alro Slatina
RO:ALR
|
$231.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Limoneira Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 191,952,000 to 171,522,000, a change of -20,430,000 (-10.6%).
- Net loss of 15,981,000 reduced equity.
- Dividend payments of 5,915,000 reduced retained earnings.
- Share repurchases of 1,955,000 reduced equity.
- Other comprehensive income increased equity by 344,000.
- Other factors increased equity by 3,077,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-15.98 Million | -9.32% |
| Dividends Paid | $5.92 Million | -3.45% |
| Share Repurchases | $1.96 Million | -1.14% |
| Other Comprehensive Income | $344.00K | +0.2% |
| Other Changes | $3.08 Million | +1.79% |
| Total Change | $- | -10.64% |
Book Value vs Market Value Analysis
This analysis compares Limoneira Co's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.33x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.60x to 1.33x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-10-31 | $4.91 | $12.76 | x |
| 2009-10-31 | $4.60 | $12.76 | x |
| 2010-10-31 | $4.65 | $12.76 | x |
| 2011-10-31 | $4.64 | $12.76 | x |
| 2012-10-31 | $4.70 | $12.76 | x |
| 2013-10-31 | $8.66 | $12.76 | x |
| 2014-10-31 | $9.30 | $12.76 | x |
| 2015-10-31 | $9.46 | $12.76 | x |
| 2016-10-31 | $9.79 | $12.76 | x |
| 2017-10-31 | $10.27 | $12.76 | x |
| 2018-10-31 | $14.15 | $12.76 | x |
| 2019-10-31 | $12.35 | $12.76 | x |
| 2020-10-31 | $10.92 | $12.76 | x |
| 2021-10-31 | $10.67 | $12.76 | x |
| 2022-10-31 | $10.29 | $12.76 | x |
| 2023-10-31 | $10.75 | $12.76 | x |
| 2024-10-31 | $10.84 | $12.76 | x |
| 2025-10-31 | $9.62 | $12.76 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Limoneira Co utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -9.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.01%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 1.86x
- Recent ROE (-9.32%) is below the historical average (1.68%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 6.38% | 6.53% | 0.38x | 2.57x | $-1.98 Million |
| 2009 | -5.56% | -8.26% | 0.25x | 2.74x | $-8.05 Million |
| 2010 | 0.62% | 0.60% | 0.34x | 3.07x | $-4.89 Million |
| 2011 | 3.07% | 3.04% | 0.33x | 3.06x | $-3.61 Million |
| 2012 | 5.98% | 4.79% | 0.38x | 3.28x | $-2.12 Million |
| 2013 | 4.43% | 5.78% | 0.40x | 1.90x | $-6.16 Million |
| 2014 | 5.35% | 6.76% | 0.42x | 1.90x | $-6.08 Million |
| 2015 | 5.30% | 7.06% | 0.37x | 2.02x | $-6.27 Million |
| 2016 | 5.81% | 7.21% | 0.37x | 2.20x | $-5.81 Million |
| 2017 | 4.49% | 5.44% | 0.36x | 2.31x | $-8.11 Million |
| 2018 | 8.80% | 15.60% | 0.31x | 1.84x | $-2.75 Million |
| 2019 | -2.52% | -3.19% | 0.43x | 1.84x | $-27.17 Million |
| 2020 | -9.30% | -10.90% | 0.42x | 2.02x | $-37.22 Million |
| 2021 | -2.08% | -2.35% | 0.42x | 2.09x | $-22.62 Million |
| 2022 | -0.26% | -0.26% | 0.50x | 2.04x | $-18.50 Million |
| 2023 | 4.97% | 5.23% | 0.60x | 1.59x | $-9.53 Million |
| 2024 | 4.02% | 4.03% | 0.64x | 1.56x | $-11.48 Million |
| 2025 | -9.32% | -10.01% | 0.50x | 1.86x | $-33.13 Million |
Industry Comparison
This section compares Limoneira Co's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $1,833,534,473
- Average return on equity (ROE) among peers: 3.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Limoneira Co (LMNR) | $190.84 Million | 6.38% | 0.63x | $231.20 Million |
| African Agriculture Holdings Inc. (AAGR) | $-22.58 Million | 0.00% | 0.00x | $4.85 |
| Archer-Daniels-Midland Company (ADM) | $4.49 Billion | 11.21% | 0.67x | $33.40 Billion |
| Forafric Global PLC Ordinary Shares (AFRI) | $44.95 Million | -42.64% | 5.83x | $257.99 Million |
| Adecoagro SA (AGRO) | $1.41 Billion | 6.56% | 1.21x | $1.53 Billion |
| Agroz Inc. Ordinary Shares (AGRZ) | $5.37 Million | 69.97% | 3.21x | $7.72 Million |
| Alico Inc (ALCO) | $126.18 Million | 10.03% | 0.72x | $310.25 Million |
| AquaBounty Technologies Inc (AQB) | $23.76 Million | -55.67% | 0.27x | $3.62 Million |
| Bunge Limited (BG) | $11.26 Billion | 0.57% | 1.42x | $23.75 Billion |
| Cal-Maine Foods Inc (CALM) | $594.75 Million | 18.36% | 0.36x | $3.61 Billion |
| Dole PLC (DOLE) | $407.42 Million | 14.08% | 2.39x | $1.44 Billion |
About Limoneira Co
Limoneira Company operates as an agribusiness company in the United States and internationally. The company operates through four segments: Fresh Lemons, Lemon Packing, Avocados, and Other Agribusiness. It produces, processes, harvests, and packs oranges, specialty citrus, and wine grapes. The company also rents residential housing units and commercial office buildings, as well as leases land to … Read more