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Local BountiLOCL +1.89%56 Current Ratio is 1.62 as of Mar. 2026, which is 20% above its 10-year median of 1.35. GuruFocus rates LOCL with a GF Score™ of 56/100 and a GF Value™ of $1.95 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,995 Consumer Packaged Goods companies, Local Bounti ranks worse than 53.88% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Local Bounti's current ratio for the quarter that ended in Mar. 2026 was 1.62.
Local Bounti has a current ratio of 1.62. It generally indicates good short-term financial strength.
The historical rank and industry rank for Local Bounti's Current Ratio or its related term are showing as below:
LOCL'
s Current Ratio Range Over the Past 10 Years
Min: 0.27 Med: 1.35 Max: 5.87
Current: 1.62
During the past 6 years, Local Bounti's highest Current Ratio was 5.87. The lowest was 0.27. And the median was 1.35.
LOCL's Current Ratio is ranked worse than 53.88% of 1995
companies
in the Consumer Packaged Goods industry
Industry Median: 1.73
vs LOCL: 1.62
Local Bounti (NYSE:LOCL) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Local Bounti Current Ratio Related Terms
Local Bounti Current Ratio Historical Data
* Premium members only.
The historical data trend for Local Bounti's Current Ratio 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.
LOCL vs ESGH, SDOT, TULP: Current Ratio Comparison
For the Farm Products subindustry, Local Bounti's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Local Bounti Current Ratio vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Local Bounti's Current Ratio distribution charts can be found below:
* The bar in red indicates where Local Bounti's Current Ratio falls into.
* 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 (LOCL) has a Current Ratio of 1.62 as of Mar. 2026. This is 20% above median its historical median of 1.35. Over the past decade, Local Bounti's Current Ratio has ranged from 0.27 to 5.87. According to the industry distribution chart, Local Bounti ranks #1075 out of 1995 companies in the Consumer Packaged Goods industry, placing it in the top 53.9%.
Is Local Bounti's Current Ratio too high?
Local Bounti's current Current Ratio of 1.62 is 20% above median its 10-year median of 1.35. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 5.87. The Consumer Packaged Goods industry median Current Ratio is 1.73. Local Bounti's value of 1.62 is 6.4% below this industry median. Based on the distribution chart, Local Bounti ranks #1075 out of 1995 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Local Bounti has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Local Bounti's Current Ratio compare to ESGH and SDOT?
According to the Consumer Packaged Goods industry distribution chart, Local Bounti ranks #1075 out of 1995 companies for Current Ratio. This places Local Bounti in the lower half of its industry. The industry median Current Ratio is 1.73. Local Bounti's value of 1.62 is 6.4% below this benchmark. Historically, Local Bounti's own Current Ratio has ranged from 0.27 to 5.87 over the past decade. While the company's 10-year median is 1.35 vs. the industry median of 1.73, Local Bounti has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Consumer Packaged Goods company?
The median Current Ratio among Consumer Packaged Goods companies is 1.73, based on 1,995 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Local Bounti's current Current Ratio of 1.62 is 6.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Consumer Packaged Goods industry, the median Current Ratio is 1.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Local Bounti's current Current Ratio is 1.62, which is 20% above median its own 10-year median of 1.35. 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 Possible Value Trap. The stock's GF Value™ is $1.95, compared to a current price of $1.08 — trading 44.6% below its estimated fair value. The current Current Ratio is 1.62, which is 20% above median its 10-year median of 1.35 and 6.4% below the Consumer Packaged Goods industry median of 1.73. Local Bounti's overall GF Score™ is 56/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Local Bounti (LOCL), the current Current Ratio is 1.62 as of Mar. 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 $1.08 is trading 44.6% below its estimated GF Value™ of $1.95.
GuruFocus considers Local Bounti to be Possible Value Trap.
Key valuation signals for LOCL:
Current Ratio: 1.62 (20% above median its 10-year median of 1.35)
GF Value™: $1.95 vs. price of $1.08 (44.6% below fair value)
Industry Position: 6.4% below the Consumer Packaged Goods median (#1075 of 1995)
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 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.
56GF Score
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