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Limoneira Co (Limoneira Co) Debt-to-Equity : 0.31 (As of Jan. 2024)


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What is Limoneira Co Debt-to-Equity?

Limoneira Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $2.9 Mil. Limoneira Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $53.4 Mil. Limoneira Co's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $183.9 Mil. Limoneira Co's debt to equity for the quarter that ended in Jan. 2024 was 0.31.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Limoneira Co's Debt-to-Equity or its related term are showing as below:

LMNR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22   Med: 0.64   Max: 0.81
Current: 0.31

During the past 13 years, the highest Debt-to-Equity Ratio of Limoneira Co was 0.81. The lowest was 0.22. And the median was 0.64.

LMNR's Debt-to-Equity is ranked better than
57.97% of 1637 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs LMNR: 0.31

Limoneira Co Debt-to-Equity Historical Data

The historical data trend for Limoneira Co's Debt-to-Equity 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.

* Premium members only.

Limoneira Co Debt-to-Equity Chart

Limoneira Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.66 0.73 0.63 0.24

Limoneira Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Debt-to-Equity 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 0.22 0.22 0.24 0.24 0.31

Competitive Comparison of Limoneira Co's Debt-to-Equity

For the Farm Products subindustry, Limoneira Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


Limoneira Co's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Limoneira Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Limoneira Co's Debt-to-Equity falls into.



Limoneira Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Limoneira Co's Debt to Equity Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Limoneira Co's Debt to Equity Ratio for the quarter that ended in Jan. 2024 is calculated as

* 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.


Limoneira Co  (NAS:LMNR) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Limoneira Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Limoneira Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Limoneira Co (Limoneira Co) Business Description

Traded in Other Exchanges
Address
1141 Cummings Road, Santa Paula, CA, USA, 93060
Limoneira Co is an agribusiness company. The company's operating segments include Fresh Lemons; Lemon Packing; Avocados and Other Agribusiness. It generates maximum revenue from the Fresh Lemons segment.
Executives
Harold S Edwards director, officer: President and CEO SIXTY ONE WILTON ROAD, SECOND FLOOR, WESTPORT CT 06880
Mark Palamountain officer: CFO, Treasurer & Secretary C/O LIMONEIRA COMPANY, 1141 CUMMINGS ROAD, SANTA PAULA CA 93060
Scott S Slater director 550 SOUTH HOPE STREET, SUITE 2850, LOS ANGELES CA 90071
Barbara Carbone director 120 BROADWAY, SUITE 200, SANTA MONICA CA 90401
Loza Jose De Jesus director C/O LIMONEIRA COMPANY, 1141 CUMMINGS ROAD, SANTA PAULA CA 93060
Alex M Teague officer: Senior Vice President 1141 CUMMINGS ROAD, SANTA PAULA CA 93060
Donald R Rudkin director C/O VIRCO MFG. CORPORATION, 2027 HARPERS WAY, TORRANCE CA 90501
Elizabeth Mora director C/O MKS INSTRUMENTS, INC., 2 TECH DRIVE, SUITE 201, ANDOVER MA 01810
Merriman John W.h. director 1141 CUMMINGS ROAD, SANTA PAULA CA 93060
Elizabeth Blanchard Chess director C/O LIMONEIRA COMPANY, 1141 CUMMINGS ROAD, SANTA PAULA CA 93060
Robert M Sawyer director 1141 CUMMINGS ROAD, SANTA PAULA CA 93060
Amy Fukutomi director, officer: See Remarks C/O LIMONEIRA COMPANY, 1141 CUMMINGS ROAD, SANTA PAULA CA 93060
Edgar A. Terry director C/O LIMONEIRA COMPANY, 1141 CUMMINGS ROAD, SANTA PAULA CA 93060
Gordon E Kimball director, officer: Chairman 1141 CUMMINGS ROAD, SANTA PAULA CA 93060
Ronald L Michaelis director 1141 CUMMINGS ROAD, SANTA PAULA CA 93060

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