Sprouts Farmers Market Balance Sheet Health
Financial Health criteria checks 5/6
Sprouts Farmers Market has a total shareholder equity of $1.3B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $3.6B and $2.2B respectively. Sprouts Farmers Market's EBIT is $470.2M making its interest coverage ratio 9219.1. It has cash and short-term investments of $309.7M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 9219.1x |
| Cash | US$309.67m |
| Equity | US$1.34b |
| Total liabilities | US$2.24b |
| Total assets | US$3.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: S2FM34's short term assets ($693.6M) exceed its short term liabilities ($616.0M).
Long Term Liabilities: S2FM34's short term assets ($693.6M) do not cover its long term liabilities ($1.6B).
Debt to Equity History and Analysis
Debt Level: S2FM34 is debt free.
Reducing Debt: S2FM34 has no debt compared to 5 years ago when its debt to equity ratio was 93.3%.
Debt Coverage: S2FM34 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: S2FM34 has no debt, therefore coverage of interest payments is not a concern.