ConAgra Foods Inc (CAG)
Cash ratio
| May 31, 2025 | Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | May 26, 2024 | Feb 29, 2024 | Feb 25, 2024 | Nov 30, 2023 | Nov 26, 2023 | Aug 31, 2023 | Aug 27, 2023 | May 31, 2023 | May 28, 2023 | Feb 28, 2023 | Feb 26, 2023 | Nov 30, 2022 | Nov 27, 2022 | Aug 31, 2022 | Aug 28, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 68,000 | 49,400 | 37,400 | 128,700 | 77,700 | 77,700 | 78,500 | 78,500 | 61,500 | 61,500 | 93,300 | 93,300 | 93,300 | 93,300 | 71,200 | 71,200 | 39,700 | 39,700 | 67,400 | 67,400 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | 600 | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 4,317,000 | 4,303,700 | 4,559,700 | 3,646,800 | 3,241,800 | 3,241,800 | 3,470,900 | 3,470,900 | 3,833,100 | 3,833,100 | 3,940,100 | 3,940,100 | 4,440,700 | 4,440,700 | 3,561,000 | 3,561,000 | 3,722,700 | 3,722,700 | 4,160,300 | 4,160,300 |
| Cash ratio | 0.02 | 0.01 | 0.01 | 0.04 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 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 analysis of ConAgra Foods Inc's cash ratio over the observed period reveals a relatively stable liquidity position in terms of immediate short-term liquidity. Throughout most of the periods from August 2022 through May 2025, the cash ratio consistently remained at 0.02, indicating that the company's available cash and cash equivalents cover approximately 2% of its current liabilities. This stability suggests that ConAgra Foods maintains a conservative liquidity buffer, relying primarily on other components of its current assets for short-term obligations.
Notably, a slight fluctuation occurred in the final data point for August 2024, where the cash ratio increased to 0.04, doubling the previous consistent 0.02 levels. This transient rise indicates a temporary improvement in cash liquidity, possibly due to increased cash holdings or reduced current liabilities at that time. Conversely, in some subsequent periods, particularly around November 2024 through February 2025, the cash ratio reverted to the earlier lower level of 0.01 or 0.02, signifying that the company’s immediate cash position remained modest relative to its current liabilities.
Overall, the persistent low cash ratio suggests that ConAgra Foods Inc primarily depends on other liquid assets and operating cash flow to meet its short-term liabilities, rather than holding substantial cash reserves. The pattern reflects a conventional approach to liquidity management for a company operating within the food processing and consumer staples sector, where maintaining minimal cash is aligned with industry standards. The brief increase in August 2024 may denote a strategic or operational shift temporarily boosting cash holdings, but the company’s liquidity profile remains generally conservative with respect to cash relative to current liabilities.
Peer comparison
May 31, 2025