ConAgra Foods Inc (CAG)
Debt-to-equity ratio
| May 31, 2025 | May 31, 2024 | May 26, 2024 | May 31, 2023 | May 28, 2023 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | 7,492,600 | — | 7,081,300 |
| Total stockholders’ equity | US$ in thousands | 8,932,700 | 8,440,400 | 8,440,400 | 8,736,800 | 8,736,800 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.89 | 0.00 | 0.81 |
May 31, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $8,932,700K
= 0.00
The debt-to-equity ratio of ConAgra Foods Inc exhibits notable fluctuations over the analyzed period. As of May 28, 2023, the ratio stands at 0.81, indicating a moderate level of leverage, with the company's debt comprising approximately 81% of its equity at that date. Notably, by May 31, 2023, the ratio sharply declines to zero, which suggests either a significant reduction in debt, a possible reclassification of liabilities, or reporting anomalies within that specific period.
Looking ahead, the ratio is recorded as 0.89 on May 26, 2024, marking a slight increase in leverage compared to the previous year, and reaching an almost similar value of 0.89 on May 31, 2024. This indicates a modest uptick in the proportion of debt relative to equity, which may reflect increased borrowing or debt issuance during that timeframe.
Furthermore, projections or subsequent data points for May 31, 2025, continue to show a ratio of zero. This persistent zero-level over multiple dates could imply that the company has been maintaining a debt-free capital structure, possibly due to strategic shifts toward debt reduction or repayment, or it could be an artifact of reporting practices in those periods.
Overall, the observed pattern suggests periods of normal leverage levels followed by periods of negligible or zero leverage, highlighting a potentially evolving capital structure strategy or inconsistencies in debt reporting across the timeline analyzed. A comprehensive understanding of these changes would require additional details about the company's debt issuance, repayment activities, and accounting policies during these intervals.
Peer comparison
May 31, 2025