Local Bounti Corp (LOCL) - Total Assets
Based on the latest financial reports, Local Bounti Corp (LOCL) holds total assets worth $414.17 Million USD as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check how aggressively does Local Bounti Corp reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
Local Bounti Corp - Total Assets Trend (2019–2025)
This chart illustrates how Local Bounti Corp's total assets have evolved over time, based on quarterly financial data. Check LOCL intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Local Bounti Corp - Asset Composition Analysis
Current Asset Composition (December 2025)
Local Bounti Corp's total assets of $414.17 Million consist of 5.4% current assets and 94.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.0% |
| Accounts Receivable | $2.20 Million | 0.5% |
| Inventory | $7.42 Million | 1.8% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $30.78 Million | 7.5% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2019–2025)
This chart illustrates how Local Bounti Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see LOCL market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Local Bounti Corp's current assets represent 5.4% of total assets in 2025, a decrease from 36.4% in 2019.
- Cash Position: Cash and equivalents constituted 1.0% of total assets in 2025, down from 36.3% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 7.0% of total assets, an increase from 0.0% in 2019.
- Asset Diversification: The largest asset category is intangible assets at 7.5% of total assets.
Local Bounti Corp Competitors by Total Assets
Key competitors of Local Bounti Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Heilongjiang Agriculture Co Ltd
SHG:600598
|
China | CN¥15.35 Billion |
|
Brim hf
IC:BRIM
|
Iceland | Ikr982.65 Million |
|
Jiangsu Hualv Biological Technology Co.Ltd.
SHE:300970
|
China | CN¥2.55 Billion |
|
San Miguel AG
BA:SAMI
|
Argentina | AR$664.73 Billion |
|
Pes Camanchaca
SN:CAMANCHACA
|
Chile | CL$863.61 Million |
|
BrasilAgro - Companhia Brasileira de Propriedades Agrícolas
SA:AGRO3
|
Brazil | R$3.83 Billion |
|
Wanxiang Doneed Co Ltd
SHG:600371
|
China | CN¥725.38 Million |
|
Zoneco Group Co Ltd
SHE:002069
|
China | CN¥2.16 Billion |
Local Bounti Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.62 | 2.03 | 1.78 |
| Quick Ratio | 1.23 | 1.68 | 1.76 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $11.53 Million | $20.65 Million | $11.96 Million |
Local Bounti Corp - Advanced Valuation Insights
This section examines the relationship between Local Bounti Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.46 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | -4.1% |
| Total Assets | $410.49 Million |
| Market Capitalization | $28.95 Million USD |
Valuation Analysis
Below Book Valuation: The market values Local Bounti Corp's assets below their book value (0.07x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Local Bounti Corp's assets decreased by 4.1% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Local Bounti Corp (2019–2025)
The table below shows the annual total assets of Local Bounti Corp from 2019 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $410.49 Million | -4.10% |
| 2024-12-31 | $428.04 Million | +12.12% |
| 2023-12-31 | $381.75 Million | +36.96% |
| 2022-12-31 | $278.74 Million | +93.66% |
| 2021-12-31 | $143.93 Million | +1481.30% |
| 2020-12-31 | $9.10 Million | +54.59% |
| 2019-12-31 | $5.89 Million | -- |
About Local Bounti Corp
Local Bounti Corporation produces and sells fresh greens in the United States. The company offers lettuce, arugula, herbs, berries, and loose-leaf lettuce. It sells its products to food retailers and food service distributors. The company was founded in 2018 and is headquartered in Hamilton, Montana.