ConAgra Foods Inc (CAG)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.89 | 0.00 | 0.91 | 0.00 | 0.90 | 0.00 | 0.94 | 0.00 | 0.81 | 0.00 | 0.93 | 0.00 | 1.01 | 0.00 | 1.02 |
May 31, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $8,932,700K
= 0.00
The provided data on ConAgra Foods Inc's debt-to-equity ratio indicates a pattern of fluctuating leverage over the analyzed period. Historically, the firm exhibited a debt-to-equity ratio around 1.00 during late 2022, specifically 1.02 on August 28, 2022, and 1.01 on November 27, 2022, suggesting a balanced proportion of debt relative to equity at that time. However, notable anomalies are observed shortly afterward, with the ratio recorded as zero on August 31 and November 30, 2022, respectively, indicating possible reporting anomalies or reporting delays.
From early 2023 onward, the debt-to-equity ratio decreased steadily, reaching approximately 0.93 by February 26, 2023, and further declining to 0.81 by May 28, 2023. This decline suggests a gradual reduction in leverage, potentially reflecting a deleveraging strategy or improved equity positions. Subsequently, the ratio increased slightly to about 0.94 in August 2023, maintaining a relatively stable level around 0.90 to 0.91 through November 2023 and February 2024.
The pattern of zeros in the ratio during several reporting periods beyond November 2023 appears inconsistent and may indicate reporting gaps or structural changes in the company's financial disclosures. Overall, the trend demonstrates relatively low and stable leverage levels in recent periods, with ratios predominantly below 1.00, reflecting a conservative debt management approach. This stability in leverage ratios can be interpreted as the company's effort to maintain financial flexibility and mitigate risk, though certain anomalies in reporting should be further investigated for clarity.
Peer comparison
May 31, 2025