SpartanNash Co (SPTN)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 743,490 | 778,182 | 766,068 | 782,869 | 735,049 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $743,490K)
= 0.00
Based on the financial data provided for SpartanNash Co, the debt-to-capital ratio has remained consistently at 0.00% for the years 2020 to 2024. This indicates that SpartanNash Co is not utilizing debt as a significant source of capital in its capital structure. A debt-to-capital ratio of 0.00% suggests that the company's capital is primarily financed by equity rather than debt. This may imply lower financial risk as the company is not highly leveraged. However, it is essential to consider other financial ratios and factors to obtain a more comprehensive view of the company's financial health and risk profile.
Peer comparison
Dec 31, 2024