Sprouts Farmers Market LLC (SFM)
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 | 2.75 | 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 |
Sprouts Farmers Market LLC has shown consistently strong solvency ratios over the years. The Debt-to-assets ratio, Debt-to-capital ratio, and Debt-to-equity ratio have all been reported as 0.00% from March 2020 to December 2024, indicating that the company has had no debt in relation to its assets, capital, or equity during this period.
The Financial leverage ratio, which measures the company's ability to meet its financial obligations using debt, has decreased from 4.26 in March 2020 to 2.75 in December 2024. This downward trend indicates that the company has been reducing its reliance on debt to finance its operations, improving its overall financial stability and solvency.
Overall, the solvency ratios of Sprouts Farmers Market LLC demonstrate a strong financial position with minimal debt levels and decreasing leverage over the years, suggesting a healthy and sustainable financial structure.
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 | 98.55 | 64.35 | 45.26 | 40.51 | 39.56 | 44.45 | 47.05 | 44.03 | 39.77 | 33.85 | 32.34 | 31.10 | 30.31 | 35.38 | 34.13 | 32.35 | 29.21 | 20.61 | 16.00 | 12.85 |
The interest coverage ratio of Sprouts Farmers Market LLC has shown a consistent upward trend over the past few years, indicating the company's ability to comfortably meet its interest obligations from its earnings.
The interest coverage ratio, which measures the company's ability to cover interest payments with operating income, was 12.85 as of March 31, 2020, and consistently improved to reach a peak of 98.55 as of December 31, 2024. This upward trend reflects a strengthening financial position and an increasing ability to service debt.
The company's interest coverage has generally remained healthy and well above 1, which indicates that the company generates sufficient earnings to cover its interest expenses, providing a safety buffer for lenders and investors. However, the significant increase in the interest coverage ratio in the latter part of 2024, particularly reaching 98.55 by December 31, 2024, may suggest that the company's profitability has significantly improved or that interest expenses have decreased.
Overall, the consistent improvement in the interest coverage ratio of Sprouts Farmers Market LLC indicates a positive trend in the company's ability to manage its debt obligations and suggests financial stability and strength.