Local Bounti Corp (LOCL) - Total Liabilities
Based on the latest financial reports, Local Bounti Corp (LOCL) has total liabilities worth $592.19 Million USD as of March 2026. 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 (2019–2025)
This chart illustrates how Local Bounti Corp's total liabilities have evolved over time, based on quarterly financial data. See LOCL current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
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 |
|---|---|---|
|
Environmental Clean Technologies Ltd
AU:ECT
|
Australia | AU$1.46 Million |
|
Prodigy Public Company Limited
BK:PDG
|
Thailand | ฿126.56 Million |
|
Nord Insuretech Group AB
ST:NORDIG
|
Sweden | Skr28.10 Million |
|
Maskapai Reasuransi Indonesia
JK:MREI
|
Indonesia | Rp3.81 Trillion |
|
Elon AB (publ)
ST:ELON
|
Sweden | Skr1.53 Billion |
|
Cannindah Resources Ltd
AU:CAE
|
Australia | AU$109.84K |
|
Karolinska Development AB ser. B
ST:KDEV
|
Sweden | Skr6.55 Million |
|
OSK Ventures International Bhd
KLSE:0053
|
Malaysia | RM63.51 Million |
Liability Composition Analysis (2019–2025)
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. For the full company profile including market capitalisation, see Local Bounti Corp (LOCL) total market value.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.62 | 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 | -3.33 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 1.43 | 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 (2019–2025)
The table below shows the annual total liabilities of Local Bounti Corp from 2019 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-12-31 | $576.73 Million | +9.12% |
| 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 | -- |
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.