SpartanNash Company (SPTN) Financial Statements (2024 and earlier)

Company Profile

Business Address 850 76TH ST SW
GRAND RAPIDS, MI 49518
State of Incorp. MI
Fiscal Year End December 31
Industry (SIC) 5141 - Groceries, General Line (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments291120241916
Cash and cash equivalents291120241916
Receivables404362358345346344
Inventory, net of allowances, customer advances and progress billings571522542537554597
Inventory571522542537554597
Disposal group, including discontinued operation   23319 
Other undisclosed current assets626372597447
Total current assets:1,0669571,0159971,0011,004
Noncurrent Assets
Operating lease, right-of-use asset257283289269
Property, plant and equipment610577577616579600
Intangible assets, net (including goodwill)289292297311308313
Goodwill182181181181179179
Intangible assets, net (excluding goodwill)106111116130129134
Other noncurrent assets8497998384138
Total noncurrent assets:1,2401,2501,2631,2799711,052
TOTAL ASSETS:2,3072,2072,2772,2761,9722,056
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities653602639516458485
Employee-related liabilities86114605765
Accounts payable487447465405358377
Accrued liabilities1666860514343
Debt 7656189
Self insurance reserve 10121011  
Other undisclosed current liabilities35363632  
Total current liabilities:705656690565476495
Noncurrent Liabilities
Long-term debt and lease obligation, including: 57310481682680741
Long-term debt, excluding current maturities 56794713
Capital lease obligations3337
Finance lease, liability 52384041
Other undisclosed long-term debt and lease obligation   156366643(9)
Liabilities, other than long-term debt347109993610099
Deferred tax liabilities, net4942
Deferred income tax liabilities666446 
Liability, pension and other postretirement and postemployment benefits     1516
Other liabilities333847303541
Operating lease, liability239267279267
Self insurance reserve 8876  
Other undisclosed noncurrent liabilities432348272304  
Total noncurrent liabilities:8367688531,023780839
Total liabilities:1,5401,4241,5421,5881,2561,334
Equity
Equity, attributable to parent766783735688716722
Common stock468494492490484497
Accumulated other comprehensive income (loss)3(1)(2)(2)(16)(15)
Retained earnings295291246199248240
Total equity:766783735688716722
TOTAL LIABILITIES AND EQUITY:2,3072,2072,2772,2761,9722,056

Income Statement (P&L) ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues9,6438,9319,3488,5368,0658,128
Revenue, net8,128
Cost of revenue(8,146)(7,527)(7,924)(7,292)(6,954)(6,983)
Gross profit:1,4971,4041,4251,2441,1101,145
Operating expenses(1,429)(1,292)(1,323)(1,187)(1,040)(1,251)
Operating income (loss):691121025771(106)
Nonoperating expense(22)(14)(17)(53)(30)(25)
Interest and debt expense(23)(14)(18)(0)(30)(0)
Other undisclosed income from continuing operations before equity method investments, income taxes     300
Income (loss) from continuing operations before equity method investments, income taxes:248567341(132)
Other undisclosed income from continuing operations before income taxes2314180  
Income (loss) from continuing operations before income taxes:479985441(132)
Income tax expense (benefit)(12)(25)(9)2(7)79
Income (loss) from continuing operations:357476634(53)
Income (loss) before gain (loss) on sale of properties:7476634(53)
Loss from discontinued operations    (0)(0)(0)
Net income (loss) available to common stockholders, diluted:357476634(53)

Comprehensive Income ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income (loss):357476634(53)
Other comprehensive income (loss)61(1)19(1)(2)
Comprehensive income (loss):4075752433(54)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(1)(0)0(5)01
Comprehensive income (loss), net of tax, attributable to parent:3975752033(54)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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