Sprouts Farmers Market LLC (SFM)
Current 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 675,520 | 693,597 | 568,051 | 697,494 | 603,772 | 620,551 | 633,337 | 655,948 | 673,804 | 673,031 | 644,607 | 640,710 | 567,716 | 586,903 | 551,379 | 577,327 | 465,960 | 437,979 | 612,858 | 530,782 |
| 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 |
| Current ratio | 0.99 | 1.13 | 1.03 | 1.19 | 1.10 | 1.15 | 1.18 | 1.27 | 1.29 | 1.28 | 1.25 | 1.22 | 1.11 | 1.16 | 1.14 | 1.18 | 0.94 | 0.86 | 1.07 | 0.97 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $675,520K ÷ $679,968K
= 0.99
The current ratio of Sprouts Farmers Market LLC has exhibited some fluctuations over the past few years. The current ratio measures a company's ability to cover its short-term liabilities with its current assets.
The current ratio for Sprouts Farmers Market LLC was below 1 in the first quarter of 2020, indicating that the company may have had difficulty meeting its short-term obligations with its current assets. However, it improved gradually and surpassed 1 in the following quarters, showing an enhanced ability to cover its current liabilities.
The current ratio peaked at 1.29 in the fourth quarter of 2022, signaling a strong liquidity position. Subsequently, there was a slight decline in the ratio, but it remained above 1 until the end of 2024. Overall, the current ratio trend indicates that Sprouts Farmers Market LLC has generally maintained a healthy liquidity position to meet its short-term obligations over the analyzed period.
Peer comparison
Dec 31, 2024