Sprouts Farmers Market LLC (SFM)
Financial leverage 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 assets | US$ in thousands | 3,640,700 | 3,585,540 | 3,410,520 | 3,472,420 | 3,327,430 | 3,290,510 | 3,208,200 | 3,169,390 | 3,070,380 | 3,017,520 | 2,987,320 | 2,997,750 | 2,923,120 | 2,926,420 | 2,878,360 | 2,896,740 | 2,806,400 | 2,782,220 | 2,963,190 | 2,855,200 |
| Total stockholders’ equity | US$ in thousands | 1,321,890 | 1,343,490 | 1,269,280 | 1,211,030 | 1,148,550 | 1,115,010 | 1,075,150 | 1,050,930 | 1,046,460 | 1,040,830 | 1,013,690 | 1,011,970 | 959,876 | 968,083 | 949,123 | 966,870 | 881,293 | 807,946 | 743,277 | 670,722 |
| Financial leverage ratio | 2.75 | 2.67 | 2.69 | 2.87 | 2.90 | 2.95 | 2.98 | 3.02 | 2.93 | 2.90 | 2.95 | 2.96 | 3.05 | 3.02 | 3.03 | 3.00 | 3.18 | 3.44 | 3.99 | 4.26 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $3,640,700K ÷ $1,321,890K
= 2.75
The financial leverage ratio of Sprouts Farmers Market LLC has been steadily declining from 4.26 as of March 31, 2020 to 2.75 as of December 31, 2024. This indicates that the company has been reducing its reliance on debt to finance its operations and investments over the years. A lower financial leverage ratio suggests a stronger financial position and less financial risk for the company, as it indicates that a smaller portion of its assets is financed by debt compared to equity. Overall, the decreasing trend in the financial leverage ratio reflects a positive development in Sprouts Farmers Market LLC's capital structure and financial stability.
Peer comparison
Dec 31, 2024