SpartanNash Co (SPTN)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Oct 7, 2023 | Sep 30, 2023 | Jul 15, 2023 | Jun 30, 2023 | Apr 22, 2023 | Mar 31, 2023 | Dec 31, 2022 | Oct 8, 2022 | Sep 30, 2022 | Jun 30, 2022 | Apr 23, 2022 | Mar 31, 2022 | Dec 31, 2021 | Oct 9, 2021 | Sep 30, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 2,602,300 | 2,467,430 | 2,365,880 | 2,341,800 | 2,355,580 | 2,333,780 | 2,333,780 | 2,326,910 | 2,326,910 | 2,296,190 | 2,296,190 | 2,306,560 | 2,341,480 | 2,341,480 | 2,322,320 | 2,264,230 | 2,264,230 | 2,206,780 | 2,242,680 | 2,242,680 |
| 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 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,602,300K
= 0.00
The debt-to-assets ratio of SpartanNash Co has consistently remained at 0.00 for all the reported periods between September 30, 2021, and December 31, 2024. This indicates that the company has no debt relative to its total assets during these periods. A debt-to-assets ratio of 0.00 suggests that SpartanNash Co is entirely funded by its equity and does not rely on borrowed funds to finance its operations or investments. This can be viewed positively by investors and creditors as it indicates low financial risk and a strong financial position with no significant debt obligations to be concerned about.
Peer comparison
Dec 31, 2024