LOCL (Local Bounti) Current Accrued Expense: $6.65 Mil (As of Jun. 2026)

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LOCL Local Bounti Corp LOCL
51 GF Score
Price $1.12
GF Value $1.49
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Local Bounti Current Accrued Expense?

Local Bounti LOCL +7.69% 51 Current Accrued Expense is $6.65 Mil as of Jun. 2026. GuruFocus rates LOCL with a GF Score™ of 51/100 and a GF Value™ of $1.49 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Local Bounti's Current Accrued Expense for the quarter that ended in Jun. 2026 was $6.65 Mil.

Local Bounti's quarterly Current Accrued Expense declined from Dec. 2025 ($3.65 Mil) to Mar. 2026 ($3.60 Mil) but then increased from Mar. 2026 ($3.60 Mil) to Jun. 2026 ($6.65 Mil).

Local Bounti's annual Current Accrued Expense increased from Dec. 2023 ($17.20 Mil) to Dec. 2024 ($18.08 Mil) but then declined from Dec. 2024 ($18.08 Mil) to Dec. 2025 ($3.65 Mil).

Local Bounti Current Accrued Expense Historical Data

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The historical data trend for Local Bounti's Current Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Local Bounti Current Accrued Expense Chart

Local Bounti Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Accrued Expense
Get a 7-Day Free Trial 16.02 9.43 17.20 18.08 3.65

Local Bounti Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Current Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.67 4.89 3.65 3.60 6.65
LOCL
51GF Score
Local Bounti Corp LOCL
Current Accrued Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Local Bounti Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

What does a Current Accrued Expense of $6.65 Mil mean?
Local Bounti (LOCL) has a Current Accrued Expense of $6.65 Mil as of Jun. 2026. Current Accrued Expense records the total amount of accrued expenses. View historical data on Local Bounti and its competitors.
Is Local Bounti's Current Accrued Expense too high?
Local Bounti's current Current Accrued Expense is $6.65 Mil. Overall, Local Bounti has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Local Bounti's Current Accrued Expense compare to ESGH and SDOT?
Local Bounti's Current Accrued Expense of $6.65 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Accrued Expense for a Consumer Packaged Goods company?
A good Current Accrued Expense depends on the Consumer Packaged Goods industry context. However, Current Accrued Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Accrued Expense mean?
A high Current Accrued Expense can signal that a stock is expensive relative to its fundamentals. Current Accrued Expense records the total amount of accrued expenses. View historical data on Local Bounti and its competitors. Local Bounti's current Current Accrued Expense is $6.65 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Local Bounti stock overvalued right now?
Based on GuruFocus' analysis, Local Bounti (LOCL) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.49, compared to a current price of $1.12 — trading 24.8% below its estimated fair value. The current Current Accrued Expense is $6.65 Mil. Local Bounti's overall GF Score™ is 51/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Accrued Expense calculated?
Current Accrued Expense is calculated from a company's financial statements. For Local Bounti (LOCL), the current Current Accrued Expense is $6.65 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Local Bounti (LOCL) Overvalued in 2026?

Based on GuruFocus' analysis, Local Bounti stock appears to be undervalued. The current stock price of $1.12 is trading 24.8% below its estimated GF Value™ of $1.49. GuruFocus considers Local Bounti to be Modestly Undervalued.

Key valuation signals for LOCL:

  • Current Accrued Expense: $6.65 Mil
  • GF Value™: $1.49 vs. price of $1.12 (24.8% below fair value)
  • GF Score™: 51/100 with 7 warning signs

No single metric tells the full story. See the LOCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Local Bounti Business Description

Address 490 Foley Lane, Hamilton, MT, USA, 59840
Local Bounti Corp is a controlled environment agriculture company. The business model is based on building local facilities, operated by local teams, to deliver fresh and quality produce to local communities while maintaining a limited carbon footprint. Using proprietary technology to grow leafy greens and herbs in smart greenhouses with a cultivation process that uses less water and land than conventional agriculture, free from herbicides or pesticides. The products of the company include living lettuce, leafy greens, herbs, and others.
51GF Score

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Current Accrued Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.12
Price
$1.49
GF Value