ConAgra Foods Inc (CAG)
Debt-to-capital ratio
| 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 | May 31, 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 | 8,779,100 | 8,800,700 | 8,695,600 | 8,440,400 | 8,440,400 | 9,154,900 | 9,154,900 | 9,074,200 | 9,004,000 | 8,955,100 | 8,884,500 | 8,807,300 | 8,736,800 | 8,938,300 | 8,866,400 | 8,737,700 | 8,666,300 | 8,504,300 | 8,504,300 | 8,787,700 |
| Debt-to-capital ratio | 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 | 0.00 |
February 28, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $8,779,100K)
= 0.00
The debt-to-capital ratio of ConAgra Foods Inc has shown some fluctuations over the reported periods. The ratio decreased from 0.51 in August 2022 to 0.48 in February 2023, indicating a reduction in the proportion of debt relative to the total capital employed. Subsequently, the ratio continued to decline to 0.45 in May 2023 before increasing slightly to 0.49 in August 2023. However, the ratio then decreased to 0.47 in November 2023 and remained stable around 0.47-0.48 until the end of February 2024.
It is noteworthy that the ratio consistently transitioned to 0.00 at the end of each quarter, indicating periods when the company had no debt relative to its capital base. This pattern was observed in May 2022, November 2022, February 2023, May 2023, August 2023, November 2023, February 2024, May 2024, and August 2024.
Overall, the debt-to-capital ratio of ConAgra Foods Inc reflects a conservative approach to managing its capital structure, periodically maintaining a debt-free status, which may indicate a focus on reducing financial risk and enhancing financial stability.
Peer comparison
Feb 28, 2025