Local Bounti
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Local Bounti's balance sheet done over the years? Its assets were worth $381,752,000 last year, which is more than in the previous period. 96% of Local Bounti’s total assets is currently financed by debt. Its liabilities reached the amount of $366,479,000, which means an increase by 133% compared compared to last year.
Debt to Assets
| 2019 | 5888000 | 3.33M | 56.62% |
|---|---|---|---|
| 2020 | 9102000 | 11.67M | 128.25% |
| 2021 | 143930000 | 42.24M | 29.35% |
| 2022 | 278740000 | 157.40M | 56.47% |
| 2023 | 381752000 | 366.47M | 96% |
LOCL Balance Sheet (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Assets | |||||
Current assets: | |||||
Cash and cash equivalents | 10.32M | 13.66M | 96.66M | 45K | 2.13M |
Short term investments | 0 | 0 | 0 | 0 | 0 |
Net receivables | 3.07M | 2.69M | 118K | 333K | 0 |
Inventory | 4.21M | 3.59M | 922K | 243K | 0 |
Other current assets | 9.37M | 2.88M | 3.39M | 7K | 8K |
Total current assets | 26.98M | 34.10M | 105.50M | 628K | 2.14M |
Non-current assets: | |||||
Property, Plant and Equipment | 313.33M | 157.98M | 37.40M | 8.42M | 3.74M |
Goodwill | 0 | 38.48M | 0 | 0 | 0 |
Intangible assets | 41.35M | 47.27M | 0 | 0 | 0 |
Long term investments | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 73K | 901K | 1.01M | 51K | -3.74M |
Total non-current assets | 354.76M | 244.63M | 38.42M | 8.47M | 3.74M |
Total assets | 381.75M | 278.74M | 143.93M | 9.10M | 5.88M |
Liabilities | |||||
| Current liabilities: | |||||
Accounts payable | |||||
Deferred revenue | 0 | 0 | -28K | 0 | 0 |
Short term debt | 194K | 84K | 28K | 50K | 0 |
Total current liabilities | 31.94M | 23.26M | 17.96M | 2.35M | 837K |
| Non-current liabilities: | |||||
Long term debt | 327.32M | 120.00M | 11.19M | 104K | 2.49M |
Deferred tax | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 7.21M | 14.13M | 13.08M | 9.21M | -2.49M |
Total non-current liabilities | 334.53M | 134.14M | 24.27M | 9.32M | 2.49M |
Total liabilities | 366.47M | 157.40M | 42.24M | 11.67M | 3.33M |
| Data source | Data source | Data source |