ConAgra Foods Inc (CAG)

Debt-to-capital ratio

		May 26, 2024	Feb 25, 2024	Nov 26, 2023	Aug 27, 2023	May 28, 2023	Feb 26, 2023	Nov 27, 2022	Aug 28, 2022	May 29, 2022	Feb 27, 2022	Nov 28, 2021	Aug 29, 2021	May 30, 2021	Feb 28, 2021	Nov 29, 2020	Aug 30, 2020	May 31, 2020	Feb 23, 2020	Nov 24, 2019	Aug 25, 2019
Long-term debt	US$ in thousands	7,492,600	8,290,000	8,110,000	8,370,000	7,081,300	8,250,000	8,790,000	8,710,000	8,088,200	9,540,000	10,190,000	10,320,000	8,275,200	9,990,000	10,850,000	11,380,000	8,900,800	11,390,000	11,610,000	11,660,000
Total stockholders’ equity	US$ in thousands	8,440,400	9,154,900	9,004,000	8,884,500	8,736,800	8,866,400	8,666,300	8,504,300	8,787,700	8,774,600	8,679,000	8,557,000	8,551,800	8,251,800	8,392,000	8,121,400	7,876,100	7,785,000	7,612,100	7,440,100
Debt-to-capital ratio		0.47	0.48	0.47	0.49	0.45	0.48	0.50	0.51	0.48	0.52	0.54	0.55	0.49	0.55	0.56	0.58	0.53	0.59	0.60	0.61

May 26, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $7,492,600K ÷ ($7,492,600K + $8,440,400K)
= 0.47

The debt-to-capital ratio of ConAgra Foods Inc has exhibited some fluctuation over the past few years, ranging from 0.45 to 0.61. This ratio indicates the proportion of the company's total debt in relation to its total capital, including both debt and equity.

The ratio has generally trended upwards over the period, indicating an increasing reliance on debt financing compared to equity financing. A higher debt-to-capital ratio suggests a higher level of financial risk and leverage, as the company may have more difficulty meeting its debt obligations in adverse conditions.

ConAgra Foods Inc may need to carefully manage its debt levels to ensure it remains within reasonable limits and can maintain financial stability. Investors and analysts may monitor this ratio closely to assess the company's capital structure and overall financial health.