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| Date | Value |
|---|---|
| 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 |