SpartanNash Co (SPTN)
Debt-to-equity 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-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 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $743,490K
= 0.00
Based on the provided data, SpartanNash Co has consistently maintained a debt-to-equity ratio of 0.00 across multiple reporting periods from September 30, 2021, to December 31, 2024.
A debt-to-equity ratio of 0.00 indicates that the company does not have any financial leverage through debt in relation to its equity. This could imply that SpartanNash Co primarily funds its operations and growth using equity capital rather than debt financing.
Having a low or zero debt-to-equity ratio can be viewed positively by investors and creditors as it suggests lower financial risk and a strong financial position. However, it is also crucial to consider the overall context of the company's operations, industry norms, and growth prospects when evaluating the significance of this ratio.
Peer comparison
Dec 31, 2024