Sprouts Farmers Market (STU:1FA) LT-Debt-to-Total-Asset : 0.42 (As of Dec. 2024)

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What is Sprouts Farmers Market LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Sprouts Farmers Market's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.42.

Sprouts Farmers Market's long-term debt to total assets ratio declined from Dec. 2023 (0.46) to Dec. 2024 (0.42). It may suggest that Sprouts Farmers Market is progressively becoming less dependent on debt to grow their business.

Sprouts Farmers Market LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sprouts Farmers Market's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sprouts Farmers Market LT-Debt-to-Total-Asset Chart

Sprouts Farmers Market Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.47

0.46

0.42

Sprouts Farmers Market Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.46	0.45	0.44	0.43	0.42

Sprouts Farmers Market LT-Debt-to-Total-Asset Calculation

Sprouts Farmers Market's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	1458.782	/	3476.868
	=	0.42

Sprouts Farmers Market's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	1458.782	/	3476.868
	=	0.42

Sprouts Farmers Market (STU:1FA) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Sprouts Farmers Market LT-Debt-to-Total-Asset Related Terms

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Sprouts Farmers Market Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Sprouts Farmers Market Inc (STU:1FA) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

SFM:USA 1FA:Germany

Address

5455 East High Street, Suite 111, Phoenix, AZ, USA, 85054

Website

https://www.sprouts.com

Sprouts Farmers Market Inc offers a specialty grocery experience featuring an open layout with fresh produce at the heart of the store. Sprouts inspire wellness naturally with a carefully curated assortment products paired with purpose-driven people. The company continues to bring products made with lifestyle-friendly ingredients such as organic, plant-based, and gluten-free. It approximately has 407 stores in nearly 23 states. The Company has one operating segment that is healthy grocery stores.

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