Lifeway Foods (LWAY) Debt Ratio (2010 - 2024)

Lifeway Foods (LWAY) posted Debt Ratio of 0.01 for Q1 2024, down 17.83% on a QoQ basis from 0.02 in Q4 2023, and down 62.03% year-over-year from 0.04 in Q2 2023.

Lifeway Foods (LWAY) Debt Ratio (2010 - 2024) Analysis & Trends

Lifeway Foods' Debt Ratio history runs 15 years deep, the most recent figure standing at 0.01 for Q1 2024.

  • Quarterly Debt Ratio fell 62.03% year-over-year to 0.01 in Q1 2024, while the trailing twelve-month figure through Mar 2024 was 0.01 (down 62.03% YoY) and the FY2023 annual result came in at 0.02, down 49.41% from the prior year.
  • Debt Ratio was 0.01 for Q1 2024 at Lifeway Foods, down from 0.02 in the prior quarter.
  • Across five years, Debt Ratio topped out at 5.04 in Q3 2021 and bottomed at 0.01 in Q1 2024.
  • A 5-year average of 0.65 and a median of 0.04 in 2023 frame the typical range for Debt Ratio.
  • Annual changes were most pronounced in 2020 — Debt Ratio surged 2907.97% — and 2022, when it slumped 99.27%.
  • Lifeway Foods' Debt Ratio stood at 0.05 in 2020, then rose by 8.34% to 0.05 in 2021, then dropped by 26.68% to 0.04 in 2022, then slumped by 49.41% to 0.02 in 2023, then decreased by 17.83% to 0.01 in 2024.
  • Business Quant data shows LWAY's Debt Ratio at 0.01 in Q1 2024, 0.02 in Q4 2023, and 0.02 in Q3 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Kraft Heinz 30.05 Bn 26.07 Bn 2.22 Bn 0.26
2 General Mills 19.11 Bn 18.67 Bn 1.60 Bn 0.45
3 Hormel Foods 13.78 Bn 12.93 Bn 518.51 Mn 0.21
4 Mccormick 13.51 Bn 13.76 Bn 778.20 Mn 0.22
5 Magnum Ice Cream 10.87 Bn 10.35 Bn - 0.44
6 Smithfield Foods 10.26 Bn 8.88 Bn 511.00 Mn 0.17
7 Darling Ingredients 10.06 Bn 10.02 Bn 404.92 Mn 0.39
8 Conagra Brands 6.88 Bn 6.66 Bn 704.10 Mn 0.42
9 Lamb Weston Holdings 6.84 Bn 6.78 Bn 361.40 Mn 0.53
10 Lifeway Foods 523.92 Mn 518.35 Mn 15.36 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2024 0.01
Dec 31, 2023 0.02
Sep 30, 2023 0.02
Jun 30, 2023 0.03
Mar 31, 2023 0.04
Dec 31, 2022 0.04
Sep 30, 2022 0.04
Jun 30, 2022 0.04
Mar 31, 2022 0.04
Dec 31, 2021 0.05
Sep 30, 2021 5.04
Jun 30, 2021 0.08
Mar 31, 2021 0.08
Dec 31, 2020 0.05
Jun 30, 2020 4.67
Mar 31, 2020 0.16
Dec 31, 2019 0.05
Sep 30, 2019 0.16
Jun 30, 2019 0.16
Mar 31, 2019 0.16