Financial Health (Debt/Leases)

KEY: Note the page number(s) used for each calculation or answer:

1. List the changes in Debt levels(long-term liabilities) noted in the Balance Sheet?

2. Why was Sprouts able to pay off some of their debt (see the Cash Flow Statement)?

3. What are the estimated future interest payments, (see the Income Statement) compute average cash interest rate to forecast future 2016 interest payments. (interest expense/(average LONG-TERM debt outstanding)* current debt outstanding)

4. What are the current maturing LTD?

5. What does #12 Note disclosure about Long-term Debt highlight? Explain LIBOR. (google it)

6. What other information do the Notes disclose about Other Long-Term liabilities?

7. What Operating Lease Obligations are due in 2016?

8. Look through the 2015 Sprouts F/S Notes. What interesting or intriguing things or comments would you like to share about Sprouts 2015 and/or this learning assignment?

Annual report - https://www.dropbox.com/s/hkubejgcxu4ex6q/Annual-report.pdf?dl=0