Assay
Financial-condition grades for SEC filers
Company Report · as of Oct 9, 2026
|
| Limoneira Co.LMNR · consumer nondurables | |
|---|---|
| Grade |  Eweakest fifth of 124 graded peers; percentile 96.7, sampling error 3.8 points; lower is stronger |
| Rank | 120 of 124 |
| Profitability | Epercentile 83.8 |
| Solvency | C/Dpercentile 63.7 |
| Growth and financing | Dpercentile 68.2 |
| Reliability | 0.87 AUCfailure model, filers with $120M to $591M assets; 95% interval 0.83 to 0.90; 206 events, 2020 to 2025 |
| Peer failure rate | 1.03% a yearItem 1.03 bankruptcies, same asset band, 2012 to 2025 |
| Size band | $120M to $591M assetstotal assets $311.1M[1] |
| Standard universe | insiderevenue above $1M and assets above $10M[1-2] |
| Warnings | none activenot computable: short runway, distress, fortress balance sheet |
| Inputs computable | 8 of 14 |
| Graded from | filings received through Dec 23, 2025290 days before the rescan; every figure keyed to the SEC receipt date |
| Last close | $12.052026-10-08; market equity $218.6M; iex feed |
| Price used in grade | None |
| Share price, twelve months to the rescansplit-adjusted close; a lollipop at every rescan carries the letter held then; baseline ticks are SEC receipt dates of the inputs; ranges and dragging scroll the full history | ||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Percentile at every rescan on file, Jan 21, 2012 to Oct 9, 2026; stronger toward the top. Hover for the date. Open this report as it stood on | ||||||||||||||||||||||||||||||||||||
Each date opens the report as it stood on that rescan. |
Business, in the company's words. Opening of Item 1 of the 10-K received Dec 23, 2025; the document on sec.gov.
Limoneira Company, a Delaware corporation, is the successor to several businesses with operations in California since 1893. Our business and operations are described below. For detailed financial information with respect to our business and our operations, see our consolidated financial statements and the related notes to consolidated financial statements, which are included in Item 8 in this Annual Report. In addition, general information concerning our Company can be found on our website at www.limoneira.com.
The Fourteen Inputs [top]
Lower percentile is stronger. Source numbers open the SEC filing; a range that spans filings opens the sources table.
| Input | Percentile, 0 to 100 | Value | Source | Peer median | Percentile | Peers | Period end |
|---|---|---|---|---|---|---|---|
| Profitability, sleeve percentile 83.8 | |||||||
| Gross profitability | (0.4%) | [1-3] | 29.8% | 98.6 | 146 | 2025-10-31 | |
| Return on invested capital | not computable | 5.6% | |||||
| one or more required annual facts are missing | |||||||
| Accruals ratio | (3.3%) | [1,4-6] | (5.0%) | 63.2 | 153 | 2025-10-31 | |
| Gross margin stability, five years | 4.6 pts | [2-3,7-14] | 1.9 pts | 89.6 | 116 | 2025-10-31 | |
| Solvency, sleeve percentile 63.7 | |||||||
| Twelve-month failure probability | not computable | 0.03% | |||||
| latest liabilities, cash plus short-term investments, book equity, and shares are required | |||||||
| Altman Z double-prime | 1.34 | [1,15-20] | 3.11 | 65.3 | 122 | 2025-10-31 | |
| Net debt to EBITDA | not computable | 2.54x | |||||
| one or more required annual facts are missing | |||||||
| Interest coverage | not computable | 2.51x | |||||
| latest aligned inputs end 2021-10-31; latest annual assets end 2025-10-31 | |||||||
| Current ratio | 1.35x | [15-16] | 1.81x | 62.2 | 157 | 2025-10-31 | |
| Growth and financing, sleeve percentile 68.2 | |||||||
| Revenue growth, three-year compound | (5.0%) | [2,7,9,11] | 0.2% | 75.8 | 133 | 2025-10-31 | |
| Free cash flow growth, three-year compound | not computable | 14.9% | |||||
| current FCF must be positive and base FCF must exceed $100,000 | |||||||
| Reinvestment rate | not computable | 10.7% | |||||
| NOPAT must exceed $100,000 | |||||||
| Asset growth, three years | (5.5%) | [1,6,21-22] | 0.5% | 74.4 | 134 | 2025-10-31 | |
| Net share issuance, one year | 0.2% | [23-24] | 0.05% | 54.4 | 104 | 2025-11-30 | |
Gross profitability. Revenue less cost of goods sold, over total assets.
Accruals ratio. Net income less operating cash flow, over average assets; lower is stronger.
Gross margin stability, five years. Standard deviation of gross margin; lower is stronger.
Twelve-month failure probability. CHS model; lower is stronger.
Net debt to EBITDA. Lower is stronger.
Net share issuance, one year. Split-adjusted; lower is stronger.
Sleeves are equal-weighted; within a sleeve each computable input carries equal weight. Composite 0.488; sampling error 3.8 percentile points on 124 peers.
Among 124 Peers [top]
Composite score of every graded peer, smoothed. Vertical rules are the letter band edges at the 20th, 40th, 60th and 80th percentiles. Small dots are the six largest peers by market equity.
| Rank | Company | Percentile | Letter | Warnings |
|---|---|---|---|---|
| 115 | Archer-Daniels-Midland Co. (ADM) Archer-Daniels-Midland Co. (ADM) Eweakest fifth; percentile 92.7 NYSE · Fats & Oils market equity $39.7B; last close $82.45 Warnings: late filer; 8 of 14 inputs | 92.7 | E | late filer |
| 116 | Rythm, Inc. (RYM) Rythm, Inc. (RYM) Eweakest fifth; percentile 93.5 Nasdaq · Agricultural Services market equity $42.5M; last close $19.52 No active warnings; 8 of 14 inputs | 93.5 | E | |
| 117 | Culp Inc. (CULP) Culp Inc. (CULP) Eweakest fifth; percentile 94.3 Nasdaq · Broadwoven Fabric Mills, Cotton market equity $46.2M; last close $3.63 Warnings: fortress balance sheet; 9 of 14 inputs | 94.3 | E | fortress balance sheet |
| 118 | Mondelez International, Inc. (MDLZ) Mondelez International, Inc. (MDLZ) Eweakest fifth; percentile 95.1 Nasdaq · Food and Kindred Products market equity $77.9B; last close $60.68 No active warnings; 10 of 14 inputs | 95.1 | E | |
| 119 | Hain Celestial Group Inc. (HAIN) Hain Celestial Group Inc. (HAIN) Eweakest fifth; percentile 95.9 Nasdaq · Food and Kindred Products market equity $50.3M; last close $0.56 Warnings: fortress balance sheet; 9 of 14 inputs | 95.9 | E | fortress balance sheet |
| 120 | Limoneira Co. (LMNR) Limoneira Co. (LMNR) Eweakest fifth; percentile 96.7 Nasdaq · Agricultural Production-Crops market equity $218.5M; last close $12.05 No active warnings; 8 of 14 inputs | 96.7 | E | |
| 121 | Reed'S, Inc. (REED) Reed'S, Inc. (REED) Eweakest fifth; percentile 97.6 NYSE · Bottled & Canned Soft Drinks & Carbonated Waters market equity $7.7M; last close $0.69 No active warnings; 8 of 14 inputs | 97.6 | E | |
| 122 | Endovia Health Sciences, Inc. (EDVA) Endovia Health Sciences, Inc. (EDVA) Eweakest fifth; percentile 98.4 NYSE · Beverages market equity $1.0M; last close $0.15 Warnings: short runway, late filer, degenerate inputs, fortress balance sheet; 7 of 14 inputs | 98.4 | E | short runway, late filer, degenerate inputs, fortress balance sheet |
| 123 | 22nd Century Group, Inc. (XXII) 22nd Century Group, Inc. (XXII) Eweakest fifth; percentile 99.2 Nasdaq · Cigarettes market equity $621,675; last close $0.84 Warnings: dilution, fortress balance sheet; 8 of 14 inputs | 99.2 | E | dilution, fortress balance sheet |
| 124 | Planet Green Holdings Corp. (PLAG) Planet Green Holdings Corp. (PLAG) Eweakest fifth; percentile 100.0 NYSE · Canned, Frozen & Preservd Fruit, Veg & Food Specialties market equity $10.1M; last close $0.71 Warnings: dilution, late filer, fortress balance sheet; 8 of 14 inputs | 100.0 | E | dilution, late filer, fortress balance sheet |
| Peer policy | Letter | Percentile | Peers |
|---|---|---|---|
| all graded filers, equal sleeves | E | 91.6 | 2204 |
| sector peers, equal sleeves (the grade) | E | 96.7 | 124 |
| same exchange, equal sleeves | E | 87.0 | 1219 |
| sector peers, equal inputs | E | 95.9 | 124 |
Each letter is one fifth of the 124 graded peers, about 24 companies. A boundary letter (A/B, B/C, C/D, D/E) marks a percentile within one sampling error of a band edge.
What the Price Implies [top]
Market measures at the 2026-10-08 close. None enters the grade. Percentile among graded peers with the same measure.
| Measure | Value | Peer median | Percentile | Reading |
|---|---|---|---|---|
| Twelve-month price change, skipping the latest month | (6.3%) | (0.2%) | 39 | hotter than 39 of 100 peers |
| Distance from 52-week high | (20.2%) | (24.8%) | 60 | closer to its high than 60 of 100 peers |
| EBIT to enterprise value | not computable | 4.1% | required accounting or market input is missing | |
| Free cash flow yield | (6.6%) | 4.8% | 18 | pricier than 82 of 100 peers |
| Book value to price | 0.69 | 0.57 | 55 | pricier than 45 of 100 peers |
| Sales to price | 0.70 | 1.20 | 31 | pricier than 69 of 100 peers |
| Composite equity issuance, five years | (6.6%) | (16.3%) | 69 | more equity-funded than 69 of 100 peers |
| Relative strength against the sector, log excess return | (0.16) | (0.10) | 39 | ahead of 39 of 100 peers |
Inputs: market equity $218.5M; EBIT -$20.4M; free cash flow -$14.5M; book equity $150.5M; sales $153.7M; debt $101.5M[25].
Diagnostics [top]
Diagnostics do not feed the grade.
| Piotroski F-score: 2 of 9, period end 2025-10-31 | ||
|---|---|---|
| Return on assets above zero | (5.3%) | ✗ fail[4,6] |
| Operating cash flow above zero | -$6.0M | ✗ fail[5] |
| Return on assets improved | (7.9 pts) | ✗ fail[4,6,21,26] |
| Operating cash flow exceeds net income | $10.0M | ✓ pass[4-5] |
| Long-term leverage fell | 10.4 pts | ✗ fail[1,6,21,27-28] |
| Current ratio improved | 60.3 pts | ✓ pass[15-16,29-30] |
| No new shares issued | 0.2% | ✗ fail[23-24] |
| Gross margin improved | (12.1 pts) | ✗ fail[2-3,7-8] |
| Asset turnover improved | (10.3 pts) | ✗ fail[2,6-7,21] |
| Cash, filings, liquidity | |
|---|---|
| Cash and equivalents | n/a |
| Operating cash flow, four quarters | n/a[5,31-34] |
| Months of runway | not finite |
| cash is missing at the end of the latest cash-flow quarter | |
| Late filings, two years | 0 |
| NT 10-K or NT 10-Q | |
| Days since last periodic filing | 30 |
| 10-Q received Sep 9, 2026 | |
| Median daily dollar volume | $1.0M |
| 63 sessions | |
| Days since newest grade input | 290 |
Downloads [top]
|
Sources [top]
Every citation on this page. Filing opens the SEC index page for that submission; viewer opens the SEC interactive data for the same filing; series opens the SEC XBRL API record for that tag and company.
| # | Concept | XBRL tag | Value | Period end | Received | Form | Links |
|---|---|---|---|---|---|---|---|
| 1 | assets | us-gaap:Assets | $311.1M | 2025-10-31 | 2025-12-23 | 10-K | filing · viewer · series |
| 2 | revenue | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | $153.7M | 2025-10-31 | 2025-12-23 | 10-K | filing · viewer · series |
| 3 | cost of revenue | us-gaap:CostOfGoodsAndServicesSold | $154.8M | 2025-10-31 | 2025-12-23 | 10-K | filing · viewer · series |
| 4 | net income | us-gaap:NetIncomeLoss | -$16.0M | 2025-10-31 | 2025-12-23 | 10-K | filing · viewer · series |
| 5 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | -$6.0M | 2025-10-31 | 2025-12-23 | 10-K | filing · viewer · series |
| 6 | assets | us-gaap:Assets | $298.8M | 2024-10-31 | 2025-12-23 | 10-K | filing · viewer · series |
| 7 | revenue | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | $185.9M | 2024-10-31 | 2025-12-23 | 10-K | filing · viewer · series |
| 8 | cost of revenue | us-gaap:CostOfGoodsAndServicesSold | $164.8M | 2024-10-31 | 2025-12-23 | 10-K | filing · viewer · series |
| 9 | revenue | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | $174.4M | 2023-10-31 | 2025-12-23 | 10-K | filing · viewer · series |
| 10 | cost of revenue | us-gaap:CostOfGoodsAndServicesSold | $169.2M | 2023-10-31 | 2025-12-23 | 10-K | filing · viewer · series |
| 11 | revenue | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | $179.3M | 2022-10-31 | 2024-12-23 | 10-K | filing · viewer · series |
| 12 | cost of revenue | us-gaap:CostOfGoodsAndServicesSold | $160.7M | 2022-10-31 | 2024-12-23 | 10-K | filing · viewer · series |
| 13 | revenue | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | $161.4M | 2021-10-31 | 2023-12-21 | 10-K | filing · viewer · series |
| 14 | cost of revenue | us-gaap:CostOfGoodsAndServicesSold | $148.5M | 2021-10-31 | 2023-12-21 | 10-K | filing · viewer · series |
| 15 | current assets | us-gaap:AssetsCurrent | $40.5M | 2025-10-31 | 2025-12-23 | 10-K | filing · viewer · series |
| 16 | current liabilities | us-gaap:LiabilitiesCurrent | $30.1M | 2025-10-31 | 2025-12-23 | 10-K | filing · viewer · series |
| 17 | retained earnings | us-gaap:RetainedEarningsAccumulatedDeficit | -$1.1M | 2025-10-31 | 2025-12-23 | 10-K | filing · viewer · series |
| 18 | operating income | us-gaap:OperatingIncomeLoss | -$20.4M | 2025-10-31 | 2025-12-23 | 10-K | filing · viewer · series |
| 19 | book equity | us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest | $180.0M | 2025-10-31 | 2025-12-23 | 10-K | filing · viewer · series |
| 20 | liabilities | us-gaap:Liabilities | $120.3M | 2025-10-31 | 2025-12-23 | 10-K | filing · viewer · series |
| 21 | assets | us-gaap:Assets | $301.2M | 2023-10-31 | 2024-12-23 | 10-K | filing · viewer · series |
| 22 | assets | us-gaap:Assets | $368.5M | 2022-10-31 | 2023-12-21 | 10-K | filing · viewer · series |
| 23 | shares outstanding | dei:EntityCommonStockSharesOutstanding | 18,119,117 | 2025-11-30 | 2025-12-23 | 10-K | filing · viewer · series |
| 24 | shares outstanding | dei:EntityCommonStockSharesOutstanding | 18,083,092 | 2024-11-30 | 2024-12-23 | 10-K | filing · viewer · series |
| 25 | shares outstanding | dei:EntityCommonStockSharesOutstanding | 18,132,007 | 2026-08-31 | 2026-09-09 | 10-Q | filing · viewer · series |
| 26 | net income | us-gaap:NetIncomeLoss | $7.7M | 2024-10-31 | 2025-12-23 | 10-K | filing · viewer · series |
| 27 | long term debt | us-gaap:LongTermDebtNoncurrent | $72.5M | 2025-10-31 | 2025-12-23 | 10-K | filing · viewer · series |
| 28 | long term debt | us-gaap:LongTermDebtNoncurrent | $40.0M | 2024-10-31 | 2025-12-23 | 10-K | filing · viewer · series |
| 29 | current assets | us-gaap:AssetsCurrent | $25.8M | 2024-10-31 | 2025-12-23 | 10-K | filing · viewer · series |
| 30 | current liabilities | us-gaap:LiabilitiesCurrent | $34.8M | 2024-10-31 | 2025-12-23 | 10-K | filing · viewer · series |
| 31 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | -$15.9M | 2026-07-31 | 2026-09-09 | 10-Q | filing · viewer · series |
| 32 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | -$16.2M | 2026-04-30 | 2026-06-09 | 10-Q | filing · viewer · series |
| 33 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | -$11.7M | 2026-01-31 | 2026-03-12 | 10-Q | filing · viewer · series |
| 34 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | -$7.0M | 2025-07-31 | 2026-09-09 | 10-Q | filing · viewer · series |
Limitations [top]
Grade boundary. Percentile 96.7 is 16.7 points from the nearest band edge; sampling error is 3.8 points.
Peer group. Sector assignment from four-digit SIC codes, hand-tuned and published. The grade under three alternative peer policies is tabled above.
Size. Within a sector the letter tracks size. Among graded filers in the smallest asset band, 72% grade E and 0% grade A; in the largest, 13% grade E and 21% grade A. Universe as of Oct 9, 2026.
Failure model. filings 2012-01-01 to 2019-12-31 fit, filings 2020-01-01 to 2025-12-31 test; status post hoc pending confirmation. pre-registered on 2026 filings once their 12-month outcome windows close; supported if the paired per-quintile gain over the pooled model has a lower bound above 0.05.
Input validity. Revenue or total assets at or below $100,000 sets the degenerate-inputs flag. An input whose denominator is at or below $100,000 is left not computable rather than ranked.
Returns. No input on this page has a post-2015 confidence interval on returns that excludes zero. The grade ranks reported financial condition and is not a return forecast.
.jpg){kind=link}
.jpg){kind=link}
.jpg){kind=link}
.jpg){kind=link}
.jpg){kind=link}
.jpg){kind=link}
