Grocery Outlet Holding Corp (GO)

Based on the provided data, Grocery Outlet Holding Corp demonstrates a consistently strong solvency position over the years.

### Debt-to-assets ratio:
- The debt-to-assets ratio has remained at 0.00 for all the years, indicating that the company has no debt in relation to its total assets. This implies that the company’s assets are primarily funded through equity or other non-debt sources.

### Debt-to-capital ratio:
- Similarly, the debt-to-capital ratio has consistently been at 0.00 for all the years, demonstrating that the company’s capital structure has not involved debt. The company relies more on equity or internal financing to fund its operations and investments.

### Debt-to-equity ratio:
- The debt-to-equity ratio has also been steady at 0.00 for all the years, reinforcing the fact that the company has no debt in relation to its equity. This indicates a low financial risk and a healthy financial position.

### Financial leverage ratio:
- The financial leverage ratio has shown slight fluctuations over the years, ranging from 2.44 to 2.70. This ratio measures the extent to which the company is using debt to finance its operations. Despite the fluctuations, the overall levels are moderate, suggesting a balanced approach towards leveraging.

In summary, Grocery Outlet Holding Corp's solvency ratios reflect a conservative financial strategy with minimal reliance on debt. The company's strong solvency position indicates a lower risk of financial distress and provides a stable foundation for its operations and growth initiatives.

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Coverage ratios

The interest coverage ratio for Grocery Outlet Holding Corp shows a relatively stable trend over the past five years. The ratio has been consistently above 5, indicating that the company's earnings before interest and taxes (EBIT) are more than five times the amount required to cover its interest expenses. This suggests that Grocery Outlet Holding Corp has a comfortable cushion to meet its interest obligations.

However, there was a slight decline in the interest coverage ratio from 2022 to 2024, dropping from 5.29 to 3.80. This decrease may raise some concerns about the company's ability to cover its interest expenses in the future. It would be important for stakeholders to monitor this trend closely and assess the underlying factors affecting the company's profitability and interest obligations.