SpartanNash (SPTN) Debt Metrics
Market Cap: $676.31M
Avg Volume: 279.94K
Industry: Food Distribution
Sector: Consumer Defensive
How much debt does SpartanNash have?
According to SpartanNash's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
SpartanNash's total debt stands at $865.58M. This is broken down into:
- Long-term debt: $749.80M
- Short-term debt: $50.79M
The company's net debt, which accounts for cash and cash equivalents, is $847.61M. In terms of overall financial obligations, SpartanNash's total liabilities amount to $1.58B.
Debt Ratios and Metrics
To better understand SpartanNash's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 1.11 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 36.75% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 2.75 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 40.23% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 52.66% - this indicates the total debt in the company's capital structure.
These metrics provide insight into SpartanNash's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$865.58M
Long-term Debt
$749.80M
Short-term Debt
$50.79M
Net Debt
$847.61M
Total Liabilities
$1.58B
Interest Coverage
2.75
Debt to Equity Ratio
1.11
Debt Ratio
36.75%
SpartanNash Historical Debt Metrics
SpartanNash Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2023.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $865.58M | $749.80M | $50.79M | $847.61M | $1.58B | 1.11 | 36.75% | 2.75 | 40.23% | 52.66% |
| 2022 | $788.10M | $735.85M | $52.24M | $759.01M | $1.54B | 1.03 | 34.17% | -1.02 | 48.99% | 50.71% |
| 2021 | $720.27M | $666.09M | $54.18M | $709.60M | $1.42B | 0.92 | 32.64% | 1.69 | 45.97% | 47.92% |
| 2020 | $811.09M | $760.17M | $50.92M | $791.19M | $1.54B | 1.10 | 35.61% | 2.10 | 50.84% | 52.46% |
| 2019 | $998.34M | $949.55M | $48.79M | $974.17M | $1.59B | 1.45 | 43.87% | -1.09 | 58.00% | 59.22% |
| 2018 | $698.06M | $679.80M | $18.26M | $679.48M | $1.26B | 0.98 | 35.40% | 2.31 | 48.70% | 49.37% |
| 2017 | $749.95M | $740.75M | $9.20M | $734.28M | $1.33B | 1.04 | 36.48% | -4.20 | 50.64% | 50.95% |
| 2016 | $431.10M | $413.68M | $17.42M | $406.75M | $1.10B | 0.52 | 22.33% | 5.70 | 33.39% | 34.31% |
| 2015 | $494.98M | $475.98M | $19.00M | $472.26M | $1.13B | 0.63 | 25.71% | 5.63 | 37.57% | 38.50% |
| 2014 | $570.27M | $550.51M | $19.76M | $563.83M | $1.19B | 0.76 | 29.51% | 4.70 | 42.42% | 43.28% |
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