Sprouts Farmers Market Balance Sheet Health
Financial Health criteria checks 5/6
Sprouts Farmers Market has a total shareholder equity of $1.1B and total debt of $125.0M, which brings its debt-to-equity ratio to 10.9%. Its total assets and total liabilities are $3.3B and $2.2B respectively. Sprouts Farmers Market's EBIT is $386.7M making its interest coverage ratio 59.6. It has cash and short-term investments of $201.8M.
Key information
10.9%
Debt to equity ratio
US$125.00m
Debt
Interest coverage ratio | 59.6x |
Cash | US$201.79m |
Equity | US$1.15b |
Total liabilities | US$2.18b |
Total assets | US$3.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1FA's short term assets ($603.8M) exceed its short term liabilities ($546.9M).
Long Term Liabilities: 1FA's short term assets ($603.8M) do not cover its long term liabilities ($1.6B).
Debt to Equity History and Analysis
Debt Level: 1FA has more cash than its total debt.
Reducing Debt: 1FA's debt to equity ratio has reduced from 77% to 10.9% over the past 5 years.
Debt Coverage: 1FA's debt is well covered by operating cash flow (372.1%).
Interest Coverage: 1FA's interest payments on its debt are well covered by EBIT (59.6x coverage).