Sprouts Farmers Market LLC (SFM)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 3,640,700 | 3,327,430 | 3,070,380 | 2,923,120 | 2,806,400 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $3,640,700K
= 0.00
The debt-to-assets ratio for Sprouts Farmers Market LLC has been consistently 0.00 for the years ending December 31, 2020 through December 31, 2024. This indicates that the company has not utilized any debt to finance its assets during this period. A debt-to-assets ratio of 0.00 typically suggests that the company is not relying on borrowed funds to support its operations and growth, which could be viewed positively by investors and creditors as it signifies a lower risk of financial distress. However, it is essential to consider other financial metrics and factors to gain a more comprehensive understanding of the company's overall financial health and performance.
Peer comparison
Dec 31, 2024