ConAgra Foods Inc (CAG)

Debt-to-capital 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
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
Total stockholders’ equity US$ in thousands 8,932,700 8,779,100 8,800,700 8,695,600 8,440,400 8,440,400 9,154,900 9,154,900 9,004,000 9,004,000 8,884,500 8,884,500 8,736,800 8,736,800 8,866,400 8,866,400 8,666,300 8,666,300 8,504,300 8,504,300
Debt-to-capital ratio 0.00 0.00 0.00 0.00 0.00 0.47 0.00 0.48 0.00 0.47 0.00 0.49 0.00 0.45 0.00 0.48 0.00 0.50 0.00 0.51

May 31, 2025 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $8,932,700K)
= 0.00

The debt-to-capital ratio of ConAgra Foods Inc. over the analyzed period demonstrates a pattern of fluctuating yet relatively low levels of financial leverage, with notable periods of data inconsistencies or presentation gaps. The ratio was observed at approximately 0.51 on August 28, 2022, indicating that around half of the company's capital structure was financed through debt at that time. Shortly afterward, on August 31, 2022, the ratio was recorded at zero, which may suggest missing or incomplete data or a transition in reporting status.

Subsequent data points show a stable pattern where the ratio remains in the vicinity of 0.50, specifically around 0.50 on November 27, 2022, and 0.48 on February 26, 2023. These values imply that the company maintained a consistent proportion of debt relative to total capital, reflecting a balanced approach to leveraging.

From May 28, 2023, onward, the ratio was again documented near 0.45 to 0.49, with minor fluctuations, signifying a modest but stable debt level in relation to overall capital. The most recent available data for November 26, 2023, shows a ratio of approximately 0.47, suggesting that the company's leverage remained steady.

However, the recurring appearance of zeros in the data for subsequent dates, notably from August 31, 2023, onward through May 31, 2025, indicates either a lack of updated reporting or the absence of debt in the company's capital structure during those periods. If taken at face value, these zeros could suggest an optimal capital structure with minimal or no debt; alternatively, they might reflect gaps or inconsistencies in data recording.

In summary, the provided information indicates that ConAgra Foods Inc. historically maintained a moderate level of financial leverage, with debt constituting roughly half of its capital structure during the period with available data. The apparent reduction or disappearance of debt ratios in later periods warrants further investigation into the company's capital management strategies or more detailed financial disclosures to clarify whether the zero readings denote actual debt repayment, shifts in reporting practices, or data gaps.