What is meaning of "a long way from being"?

Question: Is it bad?
Answer: "I've suggestions but this is a long way from being bad"

What does this a long way from being mean? Does it mean "much more than just bad" or does it mean "not bad at all"?

Solution 1:

Firstly, I am not sure whether I have suggestions can be shortened to I've suggestions, it sounds awkward, I've never heard such a statement. If you want it shortened, it'd maybe be a good idea to write it as I've got a few suggestions.

Long way from being bad means it's not bad (yet): this situation would need to get a lot worse to become bad.

The answer in your quote says that the situation is still OK.

Solution 2:

This is in a sense of a long way from becoming, which means not at all.

Solution 3:

to be bad
to be good
to be rich
to be poor
etc. ad nauseum

to be a long way from being bad.

The parse is not "a long way from being"

It's "a long way from being bad"

a long way = not close to

Being bad is not a good thing. Being rich can be pleasant.

Being pleasant is a long way from being rude.