Grocery Outlet Holding Corp (GO)

Solvency ratios

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
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
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
Debt-to-equity 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
Financial leverage ratio 2.65 2.56 2.52 2.43 2.74 2.43 2.42 2.46 2.50 2.53 2.55 2.64 2.65 2.63 2.63 2.64 2.70 2.69 2.79 2.96

The solvency ratios of Grocery Outlet Holding Corp indicate strong financial stability and low levels of debt relative to its assets, capital, and equity. The Debt-to-assets ratio, Debt-to-capital ratio, and Debt-to-equity ratio have consistently remained at 0.00 across all reported periods, suggesting that the company is not relying heavily on external debt to finance its operations.

Furthermore, the Financial leverage ratio has shown a decreasing trend from 2.96 in March 2020 to 2.65 in December 2024. This decline indicates that the company has been reducing its reliance on debt to fund its operations and expansion, which is a positive sign for long-term financial stability.

Overall, the solvency ratios of Grocery Outlet Holding Corp reflect a healthy balance sheet structure with a conservative approach to managing its debt levels, which bodes well for its financial resilience and ability to weather economic uncertainties.


Coverage ratios

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
Interest coverage 2.01 2.55 4.04 5.06 6.64 6.37 5.59 5.36 5.30 5.38 5.91 5.68 5.86 6.54 6.30 6.31 5.36 4.29 3.62 1.83

The interest coverage ratio for Grocery Outlet Holding Corp indicates the company's ability to meet its interest obligations using its operating income. A higher interest coverage ratio is generally seen as favorable, as it suggests the company can easily cover its interest expenses.

Based on the provided data, Grocery Outlet Holding Corp's interest coverage has shown some fluctuations over the observed periods. The ratio has generally been above 1, which means the company has been able to cover its interest payments with its earnings.

It is noted that the interest coverage ratio improved from March 2020 to December 2021, reaching a peak of 6.54 in September 2021. However, the ratio declined slightly thereafter but remained relatively stable above 5 until June 2023. Following June 2023, there was a decline in the interest coverage ratio, dropping to 2.01 by December 2024.

The downward trend in the interest coverage ratio from June 2023 to December 2024 indicates a potential decrease in the company's ability to cover its interest expenses with its operating income during this period. Further analysis and monitoring would be required to understand the reasons behind this decline and to assess the impact on the company's financial health and debt servicing capacity.