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SFM (Sprouts Farmers Market) Effective Interest Rate on Debt % : 0.09% (As of Dec. 2024)


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What is Sprouts Farmers Market Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Sprouts Farmers Market's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was $2 Mil. Sprouts Farmers Market's average total debt for the quarter that ended in Dec. 2024 was $1,666 Mil. Therefore, Sprouts Farmers Market's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 0.09%.


Sprouts Farmers Market Effective Interest Rate on Debt % Historical Data

The historical data trend for Sprouts Farmers Market's Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % Chart

Sprouts Farmers Market Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.79 0.59 0.79 0.30

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
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.61 0.57 0.44 0.10 0.09

Competitive Comparison of Sprouts Farmers Market's Effective Interest Rate on Debt %

For the Grocery Stores subindustry, Sprouts Farmers Market's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sprouts Farmers Market's Effective Interest Rate on Debt % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Sprouts Farmers Market's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Sprouts Farmers Market's Effective Interest Rate on Debt % falls into.


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Sprouts Farmers Market Effective Interest Rate on Debt % Calculation

Sprouts Farmers Market's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2023 )+Total Debt  (A: Dec. 2024 ))/ count )
=-1  *  -5.006/( (1660.664+1679.241)/ 2 )
=-1  *  -5.006/1669.9525
=0.30 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1533.361 + 127.303
=1660.664

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1527.52 + 151.721
=1679.241

Sprouts Farmers Market's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2024 )+Total Debt  (Q: Dec. 2024 ))/ count )
=-1  *  -1.544/( (1653.628+1679.241)/ 2 )
=-1  *  -1.544/1666.4345
=0.09 %

where

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1524.923 + 128.705
=1653.628

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1527.52 + 151.721
=1679.241

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Dec. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Sprouts Farmers Market  (NAS:SFM) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Sprouts Farmers Market Effective Interest Rate on Debt % Related Terms

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Sprouts Farmers Market Business Description

Traded in Other Exchanges
Address
5455 East High Street, Suite 111, Phoenix, AZ, USA, 85054
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.
Executives
Jack Sinclair director, officer: Chief Executive Officer 800 WEST 1ST STREET, APT. 2308, LOS ANGELES CA 90012
Timmi Zalatoris officer: Chief Human Resources Officer 5455 EAST HIGH STREET, SUITE 111, PHOENIX AZ 85054
Nicholas Konat officer: President & COO 10850 VIA FRONTERA, SAN DIEGO CA 92127
James H Bahrenburg officer: Chief Technology Officer 5455 EAST HIGH STREET, SUITE 111, PHOENIX AZ 85054
Brandon F. Lombardi officer: Chief Legal Officer 11811 N. TATUM BOULEVARD SUITE 2400, PHOENIX AZ 85028
Stacy W. Hilgendorf officer: VP, Controller 14624 N. SCOTTSDALE ROAD, SUITE 300, SCOTTSDALE AZ 85254
Douglas Gregory Rauch director 54 WILDE ROAD, WABAN MA 02468
David Mcglinchey officer: Chief Merchandising Officer 5455 E. HIGH STREET, SUITE 111, PHOENIX AZ 85054
John Scott Neal officer: Chief Fresh Merchandising Off. 5455 EAST HIGH STREET, SUITE 111, PHOENIX AZ 85054
Alisa Gmelich officer: SVP, Chief Marketing Officer 5455 EAST HIGH STREET, SUITE 111, PHOENIX AZ 85054
Kim Coffin officer: SVP, Chief Forager 5455 EAST HIGH STREET, SUITE 111, PHOENIX AZ 85054
Joseph L Hurley officer: Chief Supply Chain Officer 5455 EAST HIGH STREET, SUITE 111, PHOENIX AZ 85054
Joe Fortunato director 300 SIXTH AVENUE, PITTSBURGH PA 15222
Joseph D O'leary director 19601 N 27TH AVE, PHOENIX AZ 85027
Terri F Graham director C/O JACK IN THE BOX INC, 9330 BALVOA AVE, SAN DIEGO CA 92123