Bimal Patel - Local Bounti Chief Officer

LOCL Stock  USD 2.61  0.03  1.16%   

Executive

Bimal Patel is Chief Officer of Local Bounti Corp
Address 400 W. Main St., Hamilton, MT, United States, 59840
Phone800 640 4016
Webhttps://localbounti.com

Local Bounti Management Efficiency

The company has return on total asset (ROA) of (0.1484) % which means that it has lost $0.1484 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.8157) %, meaning that it created substantial loss on money invested by shareholders. Local Bounti's management efficiency ratios could be used to measure how well Local Bounti manages its routine affairs as well as how well it operates its assets and liabilities. The value of Return On Tangible Assets is estimated to slide to -0.38. The value of Return On Capital Employed is expected to slide to -0.24. At this time, Local Bounti's Debt To Assets are quite stable compared to the past year. Asset Turnover is expected to rise to 0.08 this year, although the value of Other Assets will most likely fall to about 722 K.
The company currently holds 327.42 M in liabilities with Debt to Equity (D/E) ratio of 1.07, which is about average as compared to similar companies. Local Bounti Corp has a current ratio of 2.2, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Local Bounti until it has trouble settling it off, either with new capital or with free cash flow. So, Local Bounti's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Local Bounti Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Local to invest in growth at high rates of return. When we think about Local Bounti's use of debt, we should always consider it together with cash and equity.

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Local Bounti Corporation grows fresh greens and herbs in the United States. Local Bounti Corporation was founded in 2018 and is headquartered in Hamilton, Montana. Local Bounti operates under Farm Products classification in the United States and is traded on New York Stock Exchange. It employs 111 people. Local Bounti Corp (LOCL) is traded on New York Stock Exchange in USA. It is located in 400 W. Main St., Hamilton, MT, United States, 59840 and employs 301 people. Local Bounti is listed under Packaged Foods & Meats category by Fama And French industry classification.

Management Performance

Local Bounti Corp Leadership Team

Elected by the shareholders, the Local Bounti's board of directors comprises two types of representatives: Local Bounti inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Local. The board's role is to monitor Local Bounti's management team and ensure that shareholders' interests are well served. Local Bounti's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Local Bounti's outside directors are responsible for providing unbiased perspectives on the board's policies.
Kathleen Valiasek, Chief Officer
Mark McKinney, Chief Officer
Margaret McCandless, General Secretary
Bimal Patel, Chief Officer
Gary Hilberg, Chief Officer
Brian Cook, President
David Vosburg, Chief Officer
Laz Martinez, Chief Officer
Craig Hurlbert, CoCEO CoFounder
Dr JD, Chief CoFounder

Local Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Local Bounti a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Local Bounti in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Local Bounti's short interest history, or implied volatility extrapolated from Local Bounti options trading.

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When determining whether Local Bounti Corp is a strong investment it is important to analyze Local Bounti's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Local Bounti's future performance. For an informed investment choice regarding Local Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Local Bounti Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Local Bounti Corp information on this page should be used as a complementary analysis to other Local Bounti's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Complementary Tools for Local Stock analysis

When running Local Bounti's price analysis, check to measure Local Bounti's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Local Bounti is operating at the current time. Most of Local Bounti's value examination focuses on studying past and present price action to predict the probability of Local Bounti's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Local Bounti's price. Additionally, you may evaluate how the addition of Local Bounti to your portfolios can decrease your overall portfolio volatility.
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Is Local Bounti's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Local Bounti. If investors know Local will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Local Bounti listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(15.61)
Revenue Per Share
3.469
Quarterly Revenue Growth
0.034
Return On Assets
(0.15)
Return On Equity
(1.82)
The market value of Local Bounti Corp is measured differently than its book value, which is the value of Local that is recorded on the company's balance sheet. Investors also form their own opinion of Local Bounti's value that differs from its market value or its book value, called intrinsic value, which is Local Bounti's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Local Bounti's market value can be influenced by many factors that don't directly affect Local Bounti's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Local Bounti's value and its price as these two are different measures arrived at by different means. Investors typically determine if Local Bounti is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Local Bounti's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.