Local Bounti

Local Bounti Interest Coverage

The Interest Coverage Ratio of Local Bounti (LOCL) as of Oct 18, 2026 is -1.00. In the previous year, Interest Coverage Ratio was -3.82 — a change of -73.78% (higher).

Interest Coverage

-1.00

YoY

-73.78%

Last updated:

Interest Coverage Ratio of Local Bounti is 2024 -1.00 . Interest Coverage Ratio of Local Bounti was 2023 -3.82 . It decreases by -73.78% higher compared to the previous year.

The Local Bounti Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2019
-84.18 USD
Jan 1, 2020
-15.17 USD
Jan 1, 2021
-9.64 USD
Jan 1, 2022
-5.65 USD
Jan 1, 2023
-3.82 USD
Jan 1, 2024
-1.00 USD
The Local Bounti Interest Coverage history
YEARInterest CoverageYoY
-1.00-73.78%
-3.82-32.44%
-5.65-41.41%
-9.64-36.41%
-15.17-81.98%
-84.18—

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Local Bounti Stock analysis

What does Local Bounti do? Local Bounti Corp, headquartered in Hamilton, Montana, operates an advanced indoor growing facility specializing in sustainably produced food products. The company, listed on April 19, 2021, employs 289 full-time staff and produces non-GMO, pesticide-free lettuce and herbs using controlled environment agriculture (CEA). Its products, including Poppy Powder and various lettuce varieties, use 90% less water and land compared to conventional farming, with reduced carbon footprint and environmental impact. The facility serves retail and food service partners within a few hours' drive. Local Bounti is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Local Bounti stock

Interest Coverage Ratio of Local Bounti is -1.00 in 2024.

Interest Coverage Ratio of Local Bounti changed from -3.82 to -1.00, representing a -73.78% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Local Bounti since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Local Bounti with sector peers and the industry average to assess whether it is attractive.

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Leverage — Local Bounti

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