SpartanNash Co (SPTN)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 743,490 | 781,308 | 776,341 | 785,205 | 778,182 | 777,267 | 777,267 | 768,397 | 768,397 | 759,454 | 759,454 | 766,068 | 780,410 | 780,410 | 793,722 | 795,304 | 795,304 | 782,869 | 765,566 | 765,566 |
| 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 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $743,490K)
= 0.00
The debt-to-capital ratio for SpartanNash Co has consistently remained at 0.00 from September 30, 2021, to December 31, 2024. This indicates that the company has not used any debt to finance its operations relative to its capital structure during this period. A debt-to-capital ratio of 0.00 signifies that the company's capital is entirely funded by equity, implying lower financial risk and potential stability in the company's financial position. However, it is essential to note that while a low debt-to-capital ratio can be favorable in terms of financial risk, it may also indicate limited leverage for business growth or potentially missed opportunities for strategic investments that could enhance shareholder value.
Peer comparison
Dec 31, 2024