SpartanNash Balance Sheet Health
Financial Health criteria checks 4/6
SpartanNash has a total shareholder equity of $781.3M and total debt of $637.7M, which brings its debt-to-equity ratio to 81.6%. Its total assets and total liabilities are $2.5B and $1.7B respectively. SpartanNash's EBIT is $139.1M making its interest coverage ratio 3.2. It has cash and short-term investments of $18.1M.
Key information
81.6%
Debt to equity ratio
US$637.73m
Debt
| Interest coverage ratio | 3.2x |
| Cash | US$18.14m |
| Equity | US$781.31m |
| Total liabilities | US$1.69b |
| Total assets | US$2.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SRJ's short term assets ($1.1B) exceed its short term liabilities ($701.6M).
Long Term Liabilities: SRJ's short term assets ($1.1B) exceed its long term liabilities ($984.5M).
Debt to Equity History and Analysis
Debt Level: SRJ's net debt to equity ratio (79.3%) is considered high.
Reducing Debt: SRJ's debt to equity ratio has reduced from 95.1% to 81.6% over the past 5 years.
Debt Coverage: SRJ's debt is not well covered by operating cash flow (18.3%).
Interest Coverage: SRJ's interest payments on its debt are well covered by EBIT (3.2x coverage).