Local Bounti Corp Tangible Net Worth Ratio
Local Bounti Corp tangible net worth ratio. Local Bounti Corp (LOCL) has a Tangible Net Worth Ratio of -170.8% as of December 2023. This metric is calculated by deducting intangible assets ($41.35 Million) from net assets ($15.27 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore net asset momentum of Local Bounti Corp to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Local Bounti Corp (2019–2023)
Tangible net worth ratio of Local Bounti Corp from 2019 to 2023. This chart shows how Local Bounti Corp's Tangible Net Worth Ratio has changed across 4 annual periods from 2019 to 2023. As of December 2023, the ratio stands at -170.8%, reflecting net assets of $15.27 Million with intangible assets of $41.35 Million USD. Check strategic asset allocation of Local Bounti Corp to assess the company's strategic physical and investment asset allocation.
Local Bounti Corp Tangible Net Worth Ratio by Year (2019–2023)
Local Bounti Corp tangible net worth ratio by year from 2019 to 2023. The table below presents the year-by-year Tangible Net Worth Ratio for Local Bounti Corp from 2019 to 2023, covering 4 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see LOCL market cap overview.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | -170.8% | $15.27 Million | $41.35 Million | $381.75 Million | ▼ -231.8 pp |
| 2022 | 61.0% | $121.33 Million | $47.27 Million | $278.74 Million | ▼ -39.0 pp |
| 2021 | 100.0% | $101.68 Million | $0.00 | $143.93 Million | ▲ +0.0 pp |
| 2019 | 100.0% | $2.55 Million | $0.00 | $5.89 Million | — |