Grocery Outlet Holding Corp (GO)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 3,173,820 | 3,138,520 | 3,080,680 | 2,974,530 | 3,341,310 | 2,929,460 | 2,823,090 | 2,769,680 | 2,772,400 | 2,751,030 | 2,693,400 | 2,707,050 | 2,669,810 | 2,617,670 | 2,565,750 | 2,498,740 | 2,485,620 | 2,394,270 | 2,324,290 | 2,319,100 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $3,173,820K
= 0.00
The debt-to-assets ratio of Grocery Outlet Holding Corp has consistently remained at 0.00 for each reporting period from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt to finance its operations and investments, implying a low financial risk and strong financial position. A debt-to-assets ratio of 0.00 suggests that all the assets of the company are financed through equity rather than debt, leading to lower interest expenses and potential financial distress. Grocery Outlet Holding Corp's consistent 0.00 debt-to-assets ratio reflects a conservative capital structure and a healthy balance sheet, indicating a solid financial footing and stability in its financial position over the analyzed period.
Peer comparison
Dec 31, 2024