SpartanNash Balance Sheet Health
Financial Health criteria checks 5/6
SpartanNash has a total shareholder equity of $785.2M and total debt of $623.6M, which brings its debt-to-equity ratio to 79.4%. Its total assets and total liabilities are $2.3B and $1.6B respectively. SpartanNash's EBIT is $132.8M making its interest coverage ratio 3.2. It has cash and short-term investments of $21.2M.
Key information
79.4%
Debt to equity ratio
US$623.59m
Debt
| Interest coverage ratio | 3.2x |
| Cash | US$21.18m |
| Equity | US$785.21m |
| Total liabilities | US$1.56b |
| Total assets | US$2.34b |
Recent financial health updates
SpartanNash (NASDAQ:SPTN) Has A Somewhat Strained Balance Sheet
Nov 09
SpartanNash (NASDAQ:SPTN) Has A Somewhat Strained Balance Sheet
Feb 21Recent updates
SpartanNash (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 26SpartanNash (NASDAQ:SPTN) Has Announced A Dividend Of $0.215
Nov 21SpartanNash (NASDAQ:SPTN) Has A Somewhat Strained Balance Sheet
Nov 09SpartanNash (NASDAQ:SPTN) Is Paying Out A Dividend Of $0.215
Aug 29SpartanNash's (NASDAQ:SPTN) Dividend Will Be $0.215
Jun 06SpartanNash (NASDAQ:SPTN) Will Pay A Dividend Of $0.215
Mar 07SpartanNash (NASDAQ:SPTN) Has A Somewhat Strained Balance Sheet
Feb 21SpartanNash (NASDAQ:SPTN) Is Due To Pay A Dividend Of $0.21
Nov 22Be Wary Of SpartanNash (NASDAQ:SPTN) And Its Returns On Capital
Sep 28SpartanNash (NASDAQ:SPTN) Will Pay A Dividend Of $0.21
Sep 03SpartanNash declares $0.21 dividend
Aug 29SpartanNash Non-GAAP EPS of $0.66 beats by $0.12, revenue of $2.27B beats by $140M, updates FY guidance
Aug 18Is SpartanNash Company (NASDAQ:SPTN) Trading At A 42% Discount?
Jul 19Financial Position Analysis
Short Term Liabilities: SPTN's short term assets ($1.1B) exceed its short term liabilities ($608.0M).
Long Term Liabilities: SPTN's short term assets ($1.1B) exceed its long term liabilities ($948.6M).
Debt to Equity History and Analysis
Debt Level: SPTN's net debt to equity ratio (76.7%) is considered high.
Reducing Debt: SPTN's debt to equity ratio has reduced from 105.4% to 79.4% over the past 5 years.
Debt Coverage: SPTN's debt is well covered by operating cash flow (20.6%).
Interest Coverage: SPTN's interest payments on its debt are well covered by EBIT (3.2x coverage).