Landec Corporation Debt/Equity

Debt/Equity of LNDC for past 10 years: annual, quarterly and twelve month trailing (TTM) including Debt/Equity growth rates and interactive chart. The debt-to-equity (D/E) ratio is calculated by dividing a company's total interest-bearing liabilities by its shareholder equity. These numbers are available on the balance sheet of a company's financial statements. The ratio is used to evaluate a company's financial leverage. The debt/equity ratio can be compared to a company's historical average or to peers. A ratio above 1 indicates the company has more debt than equity and a ratio above 3 is considered high. Below 0.5 means the company has little debt and significant capacity to expand it.

Highlights and Quick Summary

  • Debt/Equity for the quarter ending February 27, 2021 was 1.05 (a 11.65% increase compared to previous quarter)
  • Year-over-year quarterly Debt/Equity increased by 9.48%
  • Annual Debt/Equity for 2020 was 0.96 (a 69.47% increase from previous year)
  • Annual Debt/Equity for 2019 was 0.57 (a 95.43% increase from previous year)
  • Annual Debt/Equity for 2018 was 0.29 (a 21.37% increase from previous year)
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Historical Debt/Equity of Landec Corporation

Most recent Debt/Equityof LNDC including historical data for past 10 years.

Interactive Chart of Debt/Equity of Landec Corporation

Landec Corporation Debt/Equity for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 1.05
2020 0.94 0.91 0.96 0.83 0.96
2019 0.7 0.62 0.55 0.54 0.57
2018 0.34 0.33 0.29 0.24 0.29
2017 0.25 0.26 0.24 0.23 0.24
2016 0.25 0.26 0.29 0.29 0.29
2015 0.21 0.18 0.19 0.23 0.19
2014 0.22 0.19 0.17 0.18 0.17
2013 0.2 0.22 0.25 0.27 0.25
2012 0.31 0.34 0.39 0.11 0.39
2011 0.12 0.13 0.14 0.15 0.14
2010 0.16 0.17 0.18 0.18

Business Profile of Landec Corporation

Sector: Consumer Defensive
Industry: Packaged Foods
Landec Corporation, together with its subsidiaries, designs, develops, manufactures, and sells differentiated health and wellness products for food and biomaterials markets. It operates through Curation Foods and Lifecore segments. The Curation Foods segment engages in processing, marketing, and selling of vegetable-based salads, and fresh-cut and whole vegetable products primarily under the Eat Smart brand, O branded olive oils and wine vinegars, and Yucatan and Cabo Fresh guacamole and avocado food products, as well as various private labels. It serves retail grocery chains, club stores, and food service operators. The Lifecore segment engages in the manufacture of pharmaceutical-grade sodium hyaluronate (HA) in bulk form, as well as formulated and filled syringes and vials for injectable products used in treating a range of medical conditions and procedures. It also provides services, including technology transfer, material component changes, analytical method development, formulation development, pilot studies, stability studies, process validation, and production of materials for clinical studies to its partners for HA-based and non-HA based aseptically formulated and filled products. This segment sells its non-HA products for medical use primarily in the ophthalmic, orthopedic, and other markets. It sells its products directly to partners in the medical device and pharmaceutical markets. The company was founded in 1986 and is headquartered in Santa Clara, California.