ConAgra Foods Inc (CAG)
Cash ratio
| May 31, 2025 | May 31, 2024 | May 26, 2024 | May 31, 2023 | May 28, 2023 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 68,000 | 77,700 | 77,700 | 93,300 | 93,300 |
| Short-term investments | US$ in thousands | — | — | — | — | 600 |
| Total current liabilities | US$ in thousands | 4,317,000 | 3,241,800 | 3,241,800 | 4,440,700 | 4,440,700 |
| Cash ratio | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
May 31, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($68,000K
+ $—K)
÷ $4,317,000K
= 0.02
The cash ratio for ConAgra Foods Inc, as of the available data points, consistently stood at 0.02 for each analyzed date, including May 28, 2023; May 31, 2023; May 26, 2024; May 31, 2024; and May 31, 2025. This uniformity indicates that the company's ability to meet its short-term obligations strictly through its cash and cash equivalents has remained remarkably stable over this period.
A cash ratio of 0.02 suggests that ConAgra Foods holds minimal cash or cash equivalents relative to its current liabilities. Such a low ratio typically implies a limited liquidity cushion in terms of immediate cash resources. From a financial stability perspective, this level may raise concerns about the company's preparedness to cover urgent short-term liabilities solely with liquid assets without resorting to other current assets or external financing.
Overall, the consistent and low cash ratio reflects a conservative cash management strategy or a reliance on other liquid assets and operational cash flows to meet short-term liabilities, rather than holding substantial cash reserves.
Peer comparison
May 31, 2025