Local Bounti Corp
Local Bounti Corporation produces and sells fresh greens in the United States. The company offers lettuce, arugula, spinach, basil, 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.
Local Bounti Corp (LOCL) - Total Liabilities
Latest total liabilities as of September 2025: $575.90 Million USD
Based on the latest financial reports, Local Bounti Corp (LOCL) has total liabilities worth $575.90 Million USD as of September 2025.
Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
Local Bounti Corp - Total Liabilities Trend (2019–2024)
This chart illustrates how Local Bounti Corp's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Local Bounti Corp Competitors by Total Liabilities
The table below lists competitors of Local Bounti Corp ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
CAZ (Thailand) Public Company Limited
BK:CAZ
|
Thailand | ฿1.84 Billion |
|
Allied Gaming & Entertainment Inc.
NASDAQ:AGAE
|
USA | $49.87 Million |
|
Career Point Limited
NSE:CAREERP
|
India | ₹932.47 Million |
|
Goldstorm Metals Corp
OTCGREY:GSTMF
|
USA | $361.51K |
|
Yotta Acquisition Corporation Common Stock
NASDAQ:YOTA
|
USA | $8.47 Million |
|
Novita S.A.
WAR:NVT
|
Poland | zł47.60 Million |
|
Jocil Limited
NSE:JOCIL
|
India | ₹799.08 Million |
Liability Composition Analysis (2019–2024)
This chart breaks down Local Bounti Corp's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.69 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | -3.64 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 1.38 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Local Bounti Corp's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Local Bounti Corp (2019–2024)
The table below shows the annual total liabilities of Local Bounti Corp from 2019 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | $528.53 Million | +44.22% |
| 2023-12-31 | $366.48 Million | +132.82% |
| 2022-12-31 | $157.41 Million | +272.59% |
| 2021-12-31 | $42.25 Million | +261.92% |
| 2020-12-31 | $11.67 Million | +250.12% |
| 2019-12-31 | $3.33 Million | -- |