Lifeway Foods (LWAY) Debt Ratio (2010 - 2024)
Lifeway Foods' (LWAY) quarterly Debt Ratio came in at 0.01 in Q1 2024, down 62.03% YoY from 0.04 in Q2 2023, and down 17.83% on a QoQ basis from 0.02 in Q4 2023.
Lifeway Foods (LWAY) Debt Ratio (2010 - 2024) Analysis & Trends
Lifeway Foods (LWAY) has 15 years of Debt Ratio data on file, last reported at 0.01 in 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 retreated to 0.01 in Q1 2024, from 0.02 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 5.04 in Q3 2021 to a low of 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 tumbled 99.27%.
- Tracing LWAY's Debt Ratio over 5 years: stood at 0.05 in 2020, then grew by 8.34% to 0.05 in 2021, then decreased by 26.68% to 0.04 in 2022, then plunged by 49.41% to 0.02 in 2023, then fell by 17.83% to 0.01 in 2024.
- The last three Debt Ratio figures came in at 0.01 (Q1 2024), 0.02 (Q4 2023), and 0.02 (Q3 2023), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.33 Bn | 27.65 Bn | 2.03 Bn | 0.26 |
| 2 | General Mills | 21.43 Bn | 20.98 Bn | 1.60 Bn | 0.48 |
| 3 | Mccormick | 14.91 Bn | 14.58 Bn | 778.20 Mn | 0.30 |
| 4 | Jbs | 14.78 Bn | 11.31 Bn | 4.91 Bn | 0.49 |
| 5 | J M Smucker | 13.16 Bn | 13.10 Bn | 862.10 Mn | 0.43 |
| 6 | Hormel Foods | 13.14 Bn | 12.28 Bn | 518.51 Mn | 0.21 |
| 7 | Magnum Ice Cream | 12.20 Bn | 11.48 Bn | - | 0.35 |
| 8 | Darling Ingredients | 10.43 Bn | 10.27 Bn | 503.37 Mn | 0.36 |
| 9 | Smithfield Foods | 8.73 Bn | 7.38 Bn | 478.00 Mn | 0.17 |
| 10 | Lifeway Foods | 391.70 Mn | 386.13 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 |