Lifeway Foods (LWAY) Debt to Equity (2010 - 2024)
Lifeway Foods (LWAY) reported Debt to Equity of $0.02 for Q1 2024, down 65.88% on a YoY basis from $0.06 in Q2 2023, and down 20.78% quarter-over-quarter from $0.02 in Q4 2023.
Lifeway Foods (LWAY) Debt to Equity (2010 - 2024) Analysis & Trends
Lifeway Foods has reported Debt to Equity for 15 years, with the latest figure at $0.02 in Q1 2024.
- For the quarter ending Q1 2024, Debt to Equity fell 65.88% year-over-year to $0.02; the trailing twelve-month figure through Mar 2024 stood at $0.02 (down 65.88% YoY), and the FY2023 full-year result was $0.02, down 57.97% from the prior year.
- Debt to Equity for Q1 2024 stood at $0.02, down from $0.02 in the prior quarter.
- The five-year high for Debt to Equity was $0.12 in Q2 2020, with the low at $0.02 in Q1 2024.
- Historically, Debt to Equity has averaged $0.05 across 5 years, with a median of $0.06 in 2021.
- Annual changes were most pronounced in 2020 — Debt to Equity grew 11.57% — and 2024, when it tumbled 65.88%.
- Lifeway Foods' Debt to Equity stood at $0.06 in 2020, then dropped by 4.32% to $0.06 in 2021, then grew by 3.28% to $0.06 in 2022, then sank by 57.97% to $0.02 in 2023, then retreated by 20.78% to $0.02 in 2024.
- The last three Debt to Equity figures came in at $0.02 (Q1 2024), $0.02 (Q4 2023), and $0.03 (Q3 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Paranovus Entertainment Technology | 75,216.52 Bn | 75,216.52 Bn | - | - |
| 2 | Kraft Heinz | 26.76 Bn | 22.68 Bn | 2.22 Bn | 0.50 |
| 3 | General Mills | 17.79 Bn | 17.02 Bn | 1.37 Bn | 1.27 |
| 4 | Jbs | 13.93 Bn | 9.37 Bn | 2.32 Bn | 2.49 |
| 5 | Hormel Foods | 13.00 Bn | 12.16 Bn | 518.51 Mn | 0.36 |
| 6 | Mccormick | 12.70 Bn | 13.10 Bn | 708.90 Mn | 0.65 |
| 7 | Magnum Ice Cream | 12.17 Bn | 11.70 Bn | - | 5.30 |
| 8 | J M Smucker | 11.05 Bn | 10.99 Bn | 827.80 Mn | 1.40 |
| 9 | Smithfield Foods | 10.57 Bn | 9.49 Bn | 511.00 Mn | 0.29 |
| 10 | Lifeway Foods | 358.72 Mn | 353.15 Mn | 15.36 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 0.02 |
| Dec 31, 2023 | 0.02 |
| Sep 30, 2023 | 0.03 |
| Jun 30, 2023 | 0.04 |
| Mar 31, 2023 | 0.06 |
| Dec 31, 2022 | 0.06 |
| Sep 30, 2022 | 0.05 |
| Jun 30, 2022 | 0.06 |
| Mar 31, 2022 | 0.06 |
| Dec 31, 2021 | 0.06 |
| Sep 30, 2021 | 0.06 |
| Jun 30, 2021 | 0.06 |
| Dec 31, 2020 | 0.06 |
| Jun 30, 2020 | 0.12 |
| Dec 31, 2019 | 0.06 |
| Sep 30, 2019 | 0.10 |
| Jun 30, 2019 | 0.11 |
| Mar 31, 2019 | 0.11 |
| Dec 31, 2018 | 0.14 |
| Mar 31, 2018 | 0.13 |