Local Other Operating Expenses from 2010 to 2024

LOCL Stock  USD 1.67  0.08  4.57%   
Local Bounti Other Operating Expenses yearly trend continues to be quite stable with very little volatility. Other Operating Expenses may rise above about 151.7 M this year. Other Operating Expenses is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. View All Fundamentals
 
Other Operating Expenses  
First Reported
2010-12-31
Previous Quarter
144.5 M
Current Value
151.7 M
Quarterly Volatility
55.2 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Local Bounti financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Local Bounti's main balance sheet or income statement drivers, such as Depreciation And Amortization of 13.8 M, Interest Expense of 27 M or Other Operating Expenses of 151.7 M, as well as many indicators such as Price To Sales Ratio of 0.57, Dividend Yield of 0.0393 or PTB Ratio of 1.13. Local financial statements analysis is a perfect complement when working with Local Bounti Valuation or Volatility modules.
  
Check out the analysis of Local Bounti Correlation against competitors.

Latest Local Bounti's Other Operating Expenses Growth Pattern

Below is the plot of the Other Operating Expenses of Local Bounti Corp over the last few years. Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Local Bounti Corp. It is also known as Local Bounti overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. It is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. Local Bounti's Other Operating Expenses historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Local Bounti's overall financial position and show how it may be relating to other accounts over time.
Other Operating Expenses10 Years Trend
Slightly volatile
   Other Operating Expenses   
       Timeline  

Local Other Operating Expenses Regression Statistics

Arithmetic Mean33,143,423
Geometric Mean8,882,586
Coefficient Of Variation166.50
Mean Deviation43,058,488
Median3,367,000
Standard Deviation55,183,672
Sample Variance3045.2T
Range148.3M
R-Value0.76
Mean Square Error1394T
R-Squared0.57
Significance0
Slope9,356,380
Total Sum of Squares42633.3T

Local Other Operating Expenses History

2024151.7 M
2023144.5 M
2022114 M
202145.4 M
2020M

About Local Bounti Financial Statements

Local Bounti investors utilize fundamental indicators, such as Other Operating Expenses, to predict how Local Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Other Operating Expenses144.5 M151.7 M

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When determining whether Local Bounti Corp is a strong investment it is important to analyze Local Bounti's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Local Bounti's future performance. For an informed investment choice regarding Local Stock, refer to the following important reports:
Check out the analysis of Local Bounti Correlation against competitors.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Local Bounti. If investors know Local will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Local Bounti listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(18.11)
Revenue Per Share
3.835
Quarterly Revenue Growth
0.315
Return On Assets
(0.1)
Return On Equity
(4.25)
The market value of Local Bounti Corp is measured differently than its book value, which is the value of Local that is recorded on the company's balance sheet. Investors also form their own opinion of Local Bounti's value that differs from its market value or its book value, called intrinsic value, which is Local Bounti's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Local Bounti's market value can be influenced by many factors that don't directly affect Local Bounti's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Local Bounti's value and its price as these two are different measures arrived at by different means. Investors typically determine if Local Bounti is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Local Bounti's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.