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Sweetgreen (Sweetgreen) Liabilities-to-Assets : 0.44 (As of Mar. 2024)


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What is Sweetgreen Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Sweetgreen's Total Liabilities for the quarter that ended in Mar. 2024 was $372.4 Mil. Sweetgreen's Total Assets for the quarter that ended in Mar. 2024 was $842.7 Mil. Therefore, Sweetgreen's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.44.


Sweetgreen Liabilities-to-Assets Historical Data

The historical data trend for Sweetgreen's Liabilities-to-Assets 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.

* Premium members only.

Sweetgreen Liabilities-to-Assets Chart

Sweetgreen Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
1.45 2.16 0.14 0.41 0.44

Sweetgreen Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets 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 0.42 0.42 0.43 0.44 0.44

Competitive Comparison of Sweetgreen's Liabilities-to-Assets

For the Restaurants subindustry, Sweetgreen's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Sweetgreen's Liabilities-to-Assets Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Sweetgreen's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Sweetgreen's Liabilities-to-Assets falls into.



Sweetgreen Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Sweetgreen's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=373.96/856.557
=0.44

Sweetgreen's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=372.424/842.702
=0.44

* 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.


Sweetgreen  (NYSE:SG) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Sweetgreen Liabilities-to-Assets Related Terms

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Sweetgreen (Sweetgreen) Business Description

Traded in Other Exchanges
N/A
Address
3102 36th Street, Los Angeles, CA, USA, 90018
Sweetgreen Inc is a next-generation restaurant and lifestyle brand that serves healthy food at scale. It is creating plant-forward, seasonal, and earth-friendly meals from fresh ingredients and produce that prioritizes organic, regenerative, and local sourcing.
Executives
Jonathan Neman director, officer: Chief Executive Officer C/O SWEETGREEN, INC., 3101 W. EXPOSITION BOULEVARD, LOS ANGELES CA 90018
Nicolas Jammet director, officer: Chief Concept Officer C/O SWEETGREEN, INC., 3101 W. EXPOSITION BOULEVARD, LOS ANGELES CA 90018
Nathaniel Ru director, officer: Chief Brand Officer C/O SWEETGREEN, INC., 3101 W. EXPOSITION BOULEVARD, LOS ANGELES CA 90018
Adrienne Gemperle officer: Chief People Officer C/O SWEETGREEN, INC., 3101 W. EXPOSITION BOULEVARD, LOS ANGELES CA 90018
James Mcphail officer: Chief Development Officer C/O SWEETGREEN, INC., 3101 W. EXPOSITION BOULEVARD, LOS ANGELES CA 90018
Mitch Reback officer: Chief Financial Officer C/O SWEETGREEN, INC., 3101 W. EXPOSITION BOULEVARD, LOS ANGELES CA 90018
Wouleta Ayele officer: Chief Technology Officer C/O SWEETGREEN, INC., 3101 W. EXPOSITION BOULEVARD, LOS ANGELES CA 90018
Daniel Shlossman officer: SVP, Digital and Growth C/O SWEETGREEN, INC., 3101 W. EXPOSITION BOULEVARD, LOS ANGELES CA 90018
Chris Carr officer: Chief Operating Officer 7930 JONES BRANCH DRIVE, MCLEAN VA 22102
Clifford Burrows director 2401 UTAH AVE. S., SUITE 800, SEATTLE WA 98134
Valerie B Jarrett director USG CORPORATION, 125 SOUTH FRANKLIN STREET, CHICAGO IL 60606
Julie Bornstein director C/O REDFIN CORPORATION, 1099 STEWART STREET, SUITE 600, SEATTLE WA 98101
Bradley E Singer director ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Youngme E Moon director 75 NETWORK DRIVE, BURLINGTON MA 01803
Stephen M Case director 1717 RHODE ISLAND AVENUE, N.W., 9TH FLOOR, WASHINGTON DC 20036