Sprouts Farmers Market LLC (SFM)
Cash 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 265,159 | 309,668 | 179,521 | 312,276 | 201,794 | 251,780 | 259,484 | 294,905 | 293,233 | 316,042 | 288,965 | 324,301 | 245,287 | 260,218 | 220,909 | 256,019 | 169,697 | 137,518 | 328,116 | 247,101 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | 687 | 230 | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 679,968 | 616,024 | 549,757 | 585,948 | 546,869 | 541,545 | 538,226 | 515,131 | 522,380 | 525,138 | 515,349 | 523,693 | 513,473 | 507,160 | 483,542 | 490,373 | 496,132 | 509,581 | 572,756 | 547,395 |
| Cash ratio | 0.39 | 0.50 | 0.33 | 0.53 | 0.37 | 0.46 | 0.48 | 0.57 | 0.56 | 0.60 | 0.56 | 0.62 | 0.48 | 0.51 | 0.46 | 0.52 | 0.34 | 0.27 | 0.57 | 0.45 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($265,159K
+ $—K)
÷ $679,968K
= 0.39
The cash ratio of Sprouts Farmers Market LLC has fluctuated over the specified periods, indicating the company's ability to cover its short-term liabilities with its cash and cash equivalents. The cash ratio ranged from a low of 0.27 on September 30, 2020, to a high of 0.62 on March 31, 2022.
During the analyzed period, the cash ratio generally improved from the end of 2020 through the first half of 2023, with occasional fluctuations. However, towards the end of 2023 and in the first half of 2024, there was a decline in the cash ratio, reaching 0.33 on June 30, 2024, its lowest point in the period examined. The cash ratio then recovered slightly to reach 0.39 by December 31, 2024.
Overall, the cash ratio of Sprouts Farmers Market LLC tends to indicate a relatively healthy level of liquidity, with the company holding a sufficient amount of cash to cover its short-term obligations. However, the fluctuations in the cash ratio over time may suggest changes in the company's cash management practices or other factors affecting its liquidity position.
Peer comparison
Dec 31, 2024