Local Historical Balance Sheet
LOCL Stock | USD 1.75 0.04 2.34% |
Trend analysis of Local Bounti Corp balance sheet accounts such as Total Current Liabilities of 16.8 M provides information on Local Bounti's total assets, liabilities, and equity, which is the actual value of Local Bounti Corp to its prevalent stockholders. By breaking down trends over time using Local Bounti balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Local Bounti Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Local Bounti Corp is a good buy for the upcoming year.
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About Local Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Local Bounti Corp at a specified time, usually calculated after every quarter, six months, or one year. Local Bounti Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Local Bounti and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Local currently owns. An asset can also be divided into two categories, current and non-current.
Local Bounti Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Local Bounti assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Local Bounti Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Local Bounti balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Local Bounti Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most accounts from Local Bounti's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Local Bounti Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Local Bounti Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At this time, Local Bounti's Accounts Payable is quite stable compared to the past year. Non Current Assets Total is expected to rise to about 372.5 M this year, although the value of Total Current Liabilities will most likely fall to about 16.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 11.2M | 120.1M | 327.4M | 343.8M | Total Assets | 143.9M | 278.7M | 381.8M | 400.8M |
Local Bounti balance sheet Correlations
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Local Bounti Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Local Bounti Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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.