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
We Think Sprouts Farmers Market (NASDAQ:SFM) Can Stay On Top Of Its Debt
Dec 14We Think Sprouts Farmers Market (NASDAQ:SFM) Can Stay On Top Of Its Debt
Sep 06Here's Why Sprouts Farmers Market (NASDAQ:SFM) Can Manage Its Debt Responsibly
May 27Sprouts Farmers Market (NASDAQ:SFM) Seems To Use Debt Quite Sensibly
Feb 06Is Sprouts Farmers Market (NASDAQ:SFM) Using Too Much Debt?
Oct 31Sprouts Farmers Market (NASDAQ:SFM) Seems To Use Debt Quite Sensibly
Jul 17Recent updates
Does This Valuation Of Sprouts Farmers Market, Inc. (NASDAQ:SFM) Imply Investors Are Overpaying?
Mar 27Sprouts Farmers Market: Well Positioned To Ride Health Food Demand, But Pricey Valuation
Mar 14Sprouts Farmers Market, Inc.'s (NASDAQ:SFM) 26% Price Boost Is Out Of Tune With Earnings
Mar 02Analysts Have Made A Financial Statement On Sprouts Farmers Market, Inc.'s (NASDAQ:SFM) Full-Year Report
Feb 24Sprouts Farmers Market: Fairly Re-Rated After A Spectacular Run
Jan 30Sprouts Farmers Market's (NASDAQ:SFM) Returns Have Hit A Wall
Jan 29We Think Sprouts Farmers Market (NASDAQ:SFM) Can Stay On Top Of Its Debt
Dec 14Calculating The Fair Value Of Sprouts Farmers Market, Inc. (NASDAQ:SFM)
Nov 29Sprouts Farmers Market (NASDAQ:SFM) Has Some Way To Go To Become A Multi-Bagger
Oct 11We Think Sprouts Farmers Market (NASDAQ:SFM) Can Stay On Top Of Its Debt
Sep 06Sprouts Farmers Market, Inc. (NASDAQ:SFM) Shares Could Be 27% Above Their Intrinsic Value Estimate
Jul 21Some Investors May Be Worried About Sprouts Farmers Market's (NASDAQ:SFM) Returns On Capital
Jul 06Here's Why Sprouts Farmers Market (NASDAQ:SFM) Can Manage Its Debt Responsibly
May 27A Look At The Fair Value Of Sprouts Farmers Market, Inc. (NASDAQ:SFM)
Apr 19Returns On Capital At Sprouts Farmers Market (NASDAQ:SFM) Have Hit The Brakes
Apr 05With EPS Growth And More, Sprouts Farmers Market (NASDAQ:SFM) Makes An Interesting Case
Mar 06Sprouts Farmers Market (NASDAQ:SFM) Seems To Use Debt Quite Sensibly
Feb 06Estimating The Intrinsic Value Of Sprouts Farmers Market, Inc. (NASDAQ:SFM)
Jan 04Sprouts Farmers Market (NASDAQ:SFM) Has Some Way To Go To Become A Multi-Bagger
Dec 20Is Sprouts Farmers Market (NASDAQ:SFM) Using Too Much Debt?
Oct 31Is Sprouts Farmers Market, Inc. (NASDAQ:SFM) Trading At A 35% Discount?
Sep 27Sprouts Farmers Market: Fairly Valued Company With Long-Term Growth Prospects
Sep 16Investors Met With Slowing Returns on Capital At Sprouts Farmers Market (NASDAQ:SFM)
Sep 10Sprouts Farmers Market: Showing It Can Successfully Compete With Giants
Aug 04Sprouts Farmers Market (NASDAQ:SFM) Seems To Use Debt Quite Sensibly
Jul 17Sprouts Farmers Market Will Weather The Macro Storm With Its Strong Fundamentals
Jun 27Return Trends At Sprouts Farmers Market (NASDAQ:SFM) Aren't Appealing
Jun 05Sprouts Farmers Market: A Stock For A High Inflation Environment
May 03Sprouts Farmers Market (NASDAQ:SFM) Seems To Use Debt Quite Sensibly
Apr 18Financial Position Analysis
Short Term Liabilities: SFM's short term assets ($603.8M) exceed its short term liabilities ($546.9M).
Long Term Liabilities: SFM's short term assets ($603.8M) do not cover its long term liabilities ($1.6B).
Debt to Equity History and Analysis
Debt Level: SFM has more cash than its total debt.
Reducing Debt: SFM's debt to equity ratio has reduced from 77% to 10.9% over the past 5 years.
Debt Coverage: SFM's debt is well covered by operating cash flow (372.1%).
Interest Coverage: SFM's interest payments on its debt are well covered by EBIT (59.6x coverage).