SpartanNash Balance Sheet Health
Financial Health criteria checks 5/6
SpartanNash has a total shareholder equity of $776.3M and total debt of $596.5M, which brings its debt-to-equity ratio to 76.8%. Its total assets and total liabilities are $2.4B and $1.6B respectively. SpartanNash's EBIT is $134.0M making its interest coverage ratio 3.1. It has cash and short-term investments of $27.0M.
Key information
76.8%
Debt to equity ratio
US$596.47m
Debt
| Interest coverage ratio | 3.1x |
| Cash | US$26.96m |
| Equity | US$776.34m |
| Total liabilities | US$1.59b |
| Total assets | US$2.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SRJ's short term assets ($1.0B) exceed its short term liabilities ($643.3M).
Long Term Liabilities: SRJ's short term assets ($1.0B) exceed its long term liabilities ($946.3M).
Debt to Equity History and Analysis
Debt Level: SRJ's net debt to equity ratio (73.4%) is considered high.
Reducing Debt: SRJ's debt to equity ratio has reduced from 96.5% to 76.8% over the past 5 years.
Debt Coverage: SRJ's debt is well covered by operating cash flow (28.8%).
Interest Coverage: SRJ's interest payments on its debt are well covered by EBIT (3.1x coverage).