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

Company name
Symbol
Debt-to-assets ratio
Grocery Outlet Holding Corp
GO
0.00
Kroger Company
KR
0.00
Sprouts Farmers Market LLC
SFM
0.00