SpartanNash Co (SPTN)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $743,490K
= 0.00
The debt-to-equity ratio of SpartanNash Co has consistently been reported as 0.00 for the years ending on December 31, 2020 through December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt in relation to its equity, suggesting that the company is primarily financed through equity rather than debt. This may imply a lower financial risk and a strong financial position, as the company is not relying heavily on borrowing to fund its operations or growth. However, it is important to consider other financial metrics and qualitative factors to gain a comprehensive understanding of SpartanNash Co's overall financial health and performance.
Peer comparison
Dec 31, 2024