Ingles Markets, Incorporated (IMKTA) Balance Sheet
IMKTA balance sheet, FY2025
September 30, 2025 · U.S. dollars$2.57B assets = $950.1M liabilities + $1.62B equity
Both columns are drawn to the same scale: what IMKTA owns equals what it owes plus shareholders’ equity. Hover a block for its value.
IMKTA financial health
Current ratio3.22
Comfortable · current assets cover current liabilities 3.22×
Debt / equity0.34
Low leverage · $0.34 of debt for each $1 of equity
Equity / assets63.0%
Equity-funded · of assets funded by shareholders
Cash / debt67.4%
Partial cover · cash & short-term investments vs total debt
Goodwill & intangibles0.0%
Mostly tangible · of total assets
Descriptive bands, not a rating. Fiscal FY2025.
IMKTA balance sheet trends, FY2016–FY2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $1.69BFY2016 | $2.57BFY2025 | +4.8%/yr | |
| Total liabilities | $1.22BFY2016 | $950.1MFY2025 | −2.7%/yr | |
| Shareholders’ equity | $470.2MFY2016 | $1.62BFY2025 | +14.7%/yr | |
| Cash & short-term investments | $5.7MFY2016 | $366.2MFY2025 | +58.9%/yr | |
| Total debt | $876.5MFY2016 | $543.7MFY2025 | −5.2%/yr | |
| Net cash (debt) | −$870.8MFY2016 | −$177.4MFY2025 | +$693.4M | |
| Working capital | $176.9MFY2016 | $672.7MFY2025 | +$495.8M | |
| Book value per share | $23.21FY2016 | $85.07FY2025 | +15.5%/yr | |
| Current ratio | 1.73FY2016 | 3.22FY2025 | +1.49 | |
| Debt / equity | 1.86FY2016 | 0.34FY2025 | −1.53 | |
| Shares outstanding | 20.3MFY2016 | 19.0MFY2025 | −0.7%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
IMKTA assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
IMKTA liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
IMKTA debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
IMKTA balance sheet
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $366.2M | $353.7M | $328.5M | $267.2M | $75.3M | $6.9M | $42.1M | $10.5M | $23.9M | $5.7M |
| Cash & equivalents | $366.2M | $353.7M | $328.5M | $267.2M | $70.3M | $6.9M | $42.1M | $10.5M | $23.9M | $5.7M |
| Short-term investments | — | — | — | $0 | $5.0M | $0 | — | $0 | $0 | $0 |
| Receivables | $106.4M | $78.3M | $107.6M | $97.2M | $95.1M | $81.4M | $72.0M | $70.1M | $66.3M | $61.7M |
| Inventory | $483.0M | $462.1M | $493.9M | $457.9M | $390.0M | $366.8M | $374.1M | $372.2M | $349.3M | $343.9M |
| Other current assets | $20.0M | $31.5M | $22.6M | $15.8M | $15.1M | $15.1M | $8.9M | $44.0M | $6.3M | $7.2M |
| Total current assets | $975.6M | $925.5M | $952.6M | $838.1M | $575.4M | $470.2M | $497.1M | $496.7M | $445.8M | $418.5M |
| Property, plant & equipment (net) | $1.54B | $1.55B | $1.47B | $1.37B | $1.37B | $1.40B | $1.34B | $1.30B | $1.27B | $1.25B |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $50.3M | $48.4M | $49.8M | $83.3M | $72.1M | $28.0M | $26.0M | $25.1M | $22.4M | $20.1M |
| Total assets | $2.57B | $2.53B | $2.47B | $2.30B | $2.02B | $1.90B | $1.87B | $1.82B | $1.73B | $1.69B |
| Liabilities | ||||||||||
| Accounts payable | $179.2M | $198.3M | $204.0M | $213.4M | $189.4M | $204.1M | $151.3M | $165.2M | $150.9M | $155.3M |
| Short-term debt | $23.2M | $23.2M | $25.8M | $17.6M | $17.6M | $27.7M | $12.6M | $12.8M | $12.2M | $10.0M |
| Deferred revenue | — | — | $30.3M | — | $167.7M | $96.4M | $78.6M | $22.3M | $76.1M | $73.5M |
| Total current liabilities | $302.9M | $320.6M | $330.5M | $333.8M | $378.9M | $323.8M | $247.6M | $260.1M | $245.6M | $241.6M |
| Long-term debt | $497.3M | $515.1M | $532.6M | $554.3M | $571.9M | $586.2M | $839.6M | $852.7M | $865.7M | $866.5M |
| Lease obligations | $28.9M | $32.3M | $45.3M | $40.6M | $42.5M | $49.3M | — | — | — | — |
| Other long-term liabilities | $149.9M | $146.4M | $151.7M | $147.9M | $84.3M | $170.0M | $117.4M | $116.6M | $111.0M | $108.2M |
| Total liabilities | $950.1M | $982.1M | $1.01B | $1.04B | $1.04B | $1.08B | $1.20B | $1.23B | $1.22B | $1.22B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $949,719 | $949,719 | $949,719 | $949,719 | $949,719 | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M |
| Retained earnings (deficit) | $1.61B | $1.54B | $1.44B | $1.25B | $985.7M | $816.3M | $650.7M | $582.1M | $497.7M | $456.9M |
| Treasury stock | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Accumulated other comprehensive income | $5.6M | $6.7M | $13.2M | $12.4M | −$3.4M | −$10.3M | −$1.3M | −$1.31B | −$1.24B | −$1.17B |
| Minority interest | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Total shareholders' equity | $1.62B | $1.55B | $1.46B | $1.26B | $983.3M | $819.3M | $662.7M | $595.4M | $511.1M | $470.2M |
| Key figures | ||||||||||
| Total debt | $543.7M | $565.0M | $595.5M | $571.9M | $589.5M | $654.9M | $852.2M | $865.6M | $877.9M | $876.5M |
| Net cash (debt) | −$177.4M | −$211.3M | −$266.9M | −$304.7M | −$514.2M | −$647.9M | −$810.1M | −$855.1M | −$854.0M | −$870.8M |
| Working capital | $672.7M | $604.9M | $622.0M | $504.4M | $196.6M | $146.4M | $249.5M | $236.6M | $200.3M | $176.9M |
| Tangible book value | $1.62B | $1.55B | $1.46B | $1.26B | $983.3M | $819.3M | $662.7M | $595.4M | $511.1M | $470.2M |
| Book value per share | $85.07 | $81.38 | $76.81 | $66.31 | $50.13 | $40.44 | $32.71 | $29.39 | $25.22 | $23.21 |
| Shares outstanding | 19.0M | 19.0M | 19.0M | 19.0M | 19.6M | 20.3M | 20.3M | 20.3M | 20.3M | 20.3M |
| Current ratio | 3.22 | 2.89 | 2.88 | 2.51 | 1.52 | 1.45 | 2.01 | 1.91 | 1.82 | 1.73 |
| Quick ratio | 1.56 | 1.35 | 1.32 | 1.09 | 0.45 | 0.27 | 0.46 | 0.31 | 0.37 | 0.28 |
| Debt / equity | 0.34 | 0.37 | 0.41 | 0.45 | 0.60 | 0.80 | 1.29 | 1.45 | 1.72 | 1.86 |
| Equity / assets | 63.0% | 61.1% | 59.0% | 54.9% | 48.7% | 43.1% | 35.5% | 32.6% | 29.5% | 27.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $455.1M | $418.0M | $361.7M | $366.2M | $336.1M | $297.3M | $269.5M | $353.7M | $354.8M | $302.0M | $275.0M | $328.5M |
| Cash & equivalents | $455.1M | $418.0M | $361.7M | $366.2M | $336.1M | $297.3M | $269.5M | $353.7M | $354.8M | $302.0M | $275.0M | $328.5M |
| Receivables | $102.7M | $101.2M | $109.3M | $106.4M | $102.3M | $99.2M | $104.7M | $78.3M | $99.6M | $109.4M | $116.7M | $107.6M |
| Inventory | $479.7M | $479.4M | $485.3M | $483.0M | $487.5M | $491.2M | $490.8M | $462.1M | $483.5M | $479.1M | $501.0M | $493.9M |
| Other current assets | $19.3M | $20.2M | $20.8M | $20.0M | $21.8M | $21.5M | $25.0M | $31.5M | $24.8M | $26.5M | $18.2M | $22.6M |
| Total current assets | $1.06B | $1.02B | $977.1M | $975.6M | $947.7M | $909.2M | $890.0M | $925.5M | $962.7M | $917.1M | $911.0M | $952.6M |
| Property, plant & equipment (net) | $1.52B | $1.53B | $1.54B | $1.54B | $1.55B | $1.55B | $1.55B | $1.55B | $1.53B | $1.52B | $1.50B | $1.47B |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $53.2M | $49.8M | $51.1M | $50.3M | $48.9M | $48.0M | $51.9M | $48.4M | $51.3M | $51.4M | $48.1M | $49.8M |
| Total assets | $2.63B | $2.59B | $2.57B | $2.57B | $2.55B | $2.51B | $2.49B | $2.53B | $2.55B | $2.49B | $2.46B | $2.47B |
| Liabilities | ||||||||||||
| Accounts payable | $189.9M | $181.1M | $169.5M | $179.2M | $189.7M | $178.8M | $182.8M | $198.3M | $208.4M | $181.6M | $180.5M | $204.0M |
| Short-term debt | $23.0M | $22.8M | $23.1M | $23.2M | $23.1M | $23.0M | $23.0M | $23.2M | $24.2M | $24.9M | $25.0M | $25.8M |
| Deferred revenue | — | — | — | — | — | — | — | — | −$24.2M | — | $57.1M | $103.4M |
| Total current liabilities | $329.2M | $304.9M | $291.0M | $302.9M | $301.4M | $285.4M | $274.5M | $320.6M | $322.4M | $287.0M | $283.0M | $330.5M |
| Long-term debt | $483.0M | $486.3M | $494.1M | $497.3M | $500.6M | $504.1M | $511.9M | $515.1M | $518.3M | $521.6M | $529.4M | $532.6M |
| Lease obligations | $26.1M | $26.7M | $27.5M | $28.9M | $30.1M | $31.5M | $29.0M | $32.3M | $39.8M | $43.1M | $42.9M | $45.3M |
| Other long-term liabilities | $136.5M | $141.7M | $145.2M | $149.9M | $151.3M | $145.1M | $145.3M | $146.4M | $151.2M | $152.3M | $151.0M | $151.7M |
| Total liabilities | $948.7M | $932.9M | $930.3M | $950.1M | $953.3M | $934.6M | $931.7M | $982.1M | $991.9M | $960.9M | $963.4M | $1.01B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $949,719 | $949,719 | $949,719 | $949,719 | $949,719 | $949,719 | $949,719 | $949,719 | $949,719 | $949,719 | $949,719 | $949,719 |
| Retained earnings (deficit) | $1.68B | $1.66B | $1.63B | $1.61B | $1.59B | $1.56B | $1.55B | $1.54B | $1.54B | $1.51B | $1.49B | $1.44B |
| Accumulated other comprehensive income | $5.4M | $5.4M | $5.1M | $5.6M | $6.2M | $7.2M | $9.1M | $6.7M | $10.3M | $10.5M | $9.4M | $13.2M |
| Total shareholders' equity | $1.68B | $1.66B | $1.64B | $1.62B | $1.59B | $1.57B | $1.56B | $1.55B | $1.55B | $1.53B | $1.50B | $1.46B |
| Key figures | ||||||||||||
| Total debt | $526.6M | $530.5M | $539.0M | $543.7M | $548.2M | $553.1M | $558.4M | $565.0M | $575.6M | $582.2M | $589.8M | $595.5M |
| Net cash (debt) | −$71.5M | −$112.5M | −$177.3M | −$177.4M | −$212.1M | −$255.8M | −$288.9M | −$211.3M | −$220.9M | −$280.2M | −$314.8M | −$266.9M |
| Working capital | $727.6M | $713.9M | $686.1M | $672.7M | $646.3M | $623.8M | $615.5M | $604.9M | $640.3M | $630.2M | $628.0M | $622.0M |
| Tangible book value | $1.68B | $1.66B | $1.64B | $1.62B | $1.59B | $1.57B | $1.56B | $1.55B | $1.55B | $1.53B | $1.50B | $1.46B |
| Book value per share | $88.47 | $87.50 | $86.37 | $84.89 | $83.91 | $82.75 | $66.61 | $83.95 | $81.80 | $80.31 | $63.72 | $78.50 |
| Shares outstanding | 19.0M | 19.0M | 19.0M | 19.0M | 19.0M | 19.0M | 23.4M | 18.4M | 19.0M | 19.0M | 23.5M | 18.6M |
| Current ratio | 3.21 | 3.34 | 3.36 | 3.22 | 3.14 | 3.19 | 3.24 | 2.89 | 2.99 | 3.20 | 3.22 | 2.88 |
| Quick ratio | 1.69 | 1.70 | 1.62 | 1.56 | 1.45 | 1.39 | 1.36 | 1.35 | 1.41 | 1.43 | 1.38 | 1.32 |
| Debt / equity | 0.31 | 0.32 | 0.33 | 0.34 | 0.34 | 0.35 | 0.36 | 0.37 | 0.37 | 0.38 | 0.39 | 0.41 |
| Equity / assets | 64.0% | 64.0% | 63.8% | 63.0% | 62.6% | 62.7% | 62.6% | 61.1% | 61.0% | 61.4% | 60.8% | 59.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed November 26, 2025); data from EODHD.
IMKTA financial position
At the end of fiscal 2025 (September 30, 2025), Ingles Markets had total assets of $2.6 billion (up 1.5% from a year earlier), total liabilities of $950.1 million and shareholders' equity of $1.6 billion. It held $366.2 million in cash and short-term investments against $543.7 million of debt, net debt of $177.4 million. Its current ratio was 3.22. In the latest quarter (ended June 30, 2026) total assets were $2.6 billion and equity $1.7 billion.
Related: IMKTA income statement, IMKTA cash flow statement, IMKTA key metrics. See the IMKTA stock overview for the latest quote and news.
IMKTA balance sheet FAQ
What are Ingles Markets's total assets?
Ingles Markets reported total assets of $2.6 billion at the end of fiscal 2025 (September 30, 2025), compared with $2.5 billion a year earlier.
How much debt does Ingles Markets have?
Ingles Markets had $543.7 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.34.
How much cash does Ingles Markets have?
Ingles Markets held $366.2 million in cash and short-term investments at the end of fiscal 2025; with $543.7 million of debt that is net debt of $177.4 million.
What is Ingles Markets's book value?
Ingles Markets's shareholders' equity (book value) was $1.6 billion at the end of fiscal 2025, or $85.07 per share.
What is Ingles Markets's current ratio?
Ingles Markets had current assets of $975.6 million and current liabilities of $302.9 million, a current ratio of 3.22 (it can cover its short-term obligations).