Grocery Outlet Holding Corp (GO)

Debt-to-capital 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 stockholders’ equity US$ in thousands 1,197,380 1,226,050 1,220,840 1,224,570 1,219,340 1,203,090 1,164,810 1,127,540 1,110,210 1,085,310 1,056,690 1,024,070 1,009,270 994,031 973,883 948,086 922,307 888,826 833,401 784,628
Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,197,380K)
= 0.00

The debt-to-capital ratio of Grocery Outlet Holding Corp has consistently remained at 0.00 throughout the reported periods from March 31, 2020, to December 31, 2024. A debt-to-capital ratio of 0.00 indicates that the company's total debt is either non-existent or negligible in comparison to its total capital, which includes both debt and equity. This signifies that the company has not relied heavily on debt financing to fund its operations or investments. While debt can be used strategically to fuel growth or expansion, a low debt-to-capital ratio suggests that Grocery Outlet Holding Corp has maintained a conservative financial approach by not taking on significant debt obligations relative to its capital structure. Investors may view this favorably as it implies lower financial risk and potential stability in the company's financial position.


Peer comparison

Dec 31, 2024

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