Local Bounti Corporation (LOCL) Interest Coverage Ratio (2021 - 2026)
Local Bounti Corporation (LOCL) reported Interest Coverage Ratio of 3.45 for Q1 2026, down 313.56% on a YoY basis from 1.62 in Q1 2025, and down 8.86% sequentially from 3.17 in Q4 2025.
Local Bounti Corporation (LOCL) Interest Coverage Ratio (2021 - 2026) Analysis & Trends
Local Bounti Corporation (LOCL) has 6 years of Interest Coverage Ratio data on file, last reported at 3.45 in Q1 2026.
- For the quarter ending Q1 2026, Interest Coverage Ratio fell 313.56% year-over-year to 3.45; the trailing twelve-month figure through Mar 2026 stood at 1.92 (down 48.68% YoY), and the FY2025 full-year result was 0.96, down 58.37% from the prior year.
- Interest Coverage Ratio retreated to 3.45 in Q1 2026, from 3.17 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 0.42 in Q1 2023 to a low of 105.5 in Q4 2024.
- A 5-year average of 9.06 and a median of 1.12 in 2022 frame the typical range for Interest Coverage Ratio.
- Across the five-year window, Interest Coverage Ratio sank 614.85% in 2023 and soared 96.99% in 2025, its largest moves.
- Tracing LOCL's Interest Coverage Ratio over 5 years: stood at 2.13 in 2022, then slumped by 614.85% to 15.21 in 2023, then sank by 593.5% to 105.5 in 2024, then soared by 96.99% to 3.17 in 2025, then retreated by 8.86% to 3.45 in 2026.
- Business Quant data shows LOCL's Interest Coverage Ratio at 3.45 in Q1 2026, 3.17 in Q4 2025, and 3.36 in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 40.18 Bn | 39.56 Bn | 1.22 Bn | 1.67 |
| 2 | Bunge Global | 22.75 Bn | 21.91 Bn | 766.00 Mn | 1.26 |
| 3 | Cal-Maine Foods | 4.25 Bn | 4.14 Bn | 34.07 Mn | -4.53 |
| 4 | Del Monte | 1.36 Bn | 1.29 Bn | 89.00 Mn | 9.14 |
| 5 | Dole | 1.34 Bn | 1.06 Bn | 184.99 Mn | 4.51 |
| 6 | Adecoagro | 1.05 Bn | 876.29 Mn | 97.80 Mn | -0.49 |
| 7 | Vital Farms | 600.60 Mn | 563.63 Mn | 53.01 Mn | -0.24 |
| 8 | Alico | 295.58 Mn | 242.70 Mn | -4.59 Mn | -7.02 |
| 9 | Forafric Global | 287.32 Mn | 273.01 Mn | - | - |
| 10 | Local Bounti Corporation | 25.82 Mn | 13.57 Mn | 1.53 Mn | -3.45 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3.45 |
| Dec 31, 2025 | -3.17 |
| Jun 30, 2025 | -3.36 |
| Mar 31, 2025 | -0.84 |
| Dec 31, 2024 | -105.50 |
| Sep 30, 2024 | -0.98 |
| Jun 30, 2024 | -1.11 |
| Mar 31, 2024 | -1.07 |
| Dec 31, 2023 | -15.21 |
| Sep 30, 2023 | -0.46 |
| Jun 30, 2023 | -0.44 |
| Mar 31, 2023 | -0.42 |
| Dec 31, 2022 | -2.13 |
| Sep 30, 2022 | -1.00 |
| Jun 30, 2022 | -1.14 |
| Mar 31, 2022 | -4.66 |
| Dec 31, 2021 | -2.40 |