This company has been acquired
SpartanNash Balance Sheet Health
Financial Health criteria checks 2/6
SpartanNash has a total shareholder equity of $741.8M and total debt of $729.6M, which brings its debt-to-equity ratio to 98.4%. Its total assets and total liabilities are $2.6B and $1.8B respectively. SpartanNash's EBIT is $109.4M making its interest coverage ratio 2.3. It has cash and short-term investments of $26.0M.
Key information
98.36%
Debt to equity ratio
US$729.64m
Debt
| Interest coverage ratio | 2.3x |
| Cash | US$25.98m |
| Equity | US$741.82m |
| Total liabilities | US$1.82b |
| Total assets | US$2.56b |
Recent financial health updates
No updates
Recent updates
SpartanNash Company: This Deal Tastes Bittersweet (Rating Downgrade)
Jun 24SpartanNash (NASDAQ:SPTN) Has Announced A Dividend Of $0.22
May 25
We Think Shareholders May Want To Consider A Review Of SpartanNash Company's (NASDAQ:SPTN) CEO Compensation Package
May 15Returns On Capital Are Showing Encouraging Signs At SpartanNash (NASDAQ:SPTN)
Apr 09SpartanNash Company Surges On Management's Turnaround Plan Bearing Fruit
Feb 13SpartanNash (NASDAQ:SPTN) Has Announced A Dividend Of $0.2175
Nov 26SpartanNash: Down Again But Still Appealing
Nov 24SpartanNash Company Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Nov 10
Revitalizing Strategy With Own Brand Expansion And Digital Marketing Spurs Growth And Diversification
Introduction of 400 new own brand products and digital services for grocers shows a drive to diversify revenue and enhance product offerings.SpartanNash's (NASDAQ:SPTN) Earnings Offer More Than Meets The Eye
Aug 26SpartanNash: Finally Some Outperformance
Aug 20SpartanNash (NASDAQ:SPTN) Is Paying Out A Dividend Of $0.2175
Jun 13SpartanNash: Still Convinced There Is Plenty Of Upside Here
Jun 02SpartanNash (NASDAQ:SPTN) Is Increasing Its Dividend To $0.2175
Mar 10SpartanNash: LIFO Adjustments, A Step Too Far
Feb 26Financial Position Analysis
Short Term Liabilities: SPTN's short term assets ($1.1B) exceed its short term liabilities ($693.6M).
Long Term Liabilities: SPTN's short term assets ($1.1B) do not cover its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: SPTN's net debt to equity ratio (94.9%) is considered high.
Reducing Debt: SPTN's debt to equity ratio has increased from 78.6% to 98.4% over the past 5 years.
Debt Coverage: SPTN's debt is well covered by operating cash flow (25.5%).
Interest Coverage: SPTN's interest payments on its debt are not well covered by EBIT (2.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/09/22 09:53 |
| End of Day Share Price | 2025/09/19 00:00 |
| Earnings | 2025/07/12 |
| Annual Earnings | 2024/12/28 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
SpartanNash Company is covered by 9 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kelly Bania | BMO Capital Markets Equity Research |
| Ajay Jain | Cantor Fitzgerald & Co. |
| Krisztina Katai | Deutsche Bank |