ConAgra Foods Inc (CAG)
Solvency ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.36 | 0.00 | 0.38 | 0.00 | 0.37 | 0.00 | 0.37 | 0.00 | 0.32 | 0.00 | 0.37 | 0.00 | 0.39 | 0.00 | 0.39 | 0.00 |
| 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 |
| Debt-to-equity ratio | 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 | 0.00 |
| Financial leverage ratio | 2.36 | 2.39 | 2.44 | 2.47 | 2.47 | 2.39 | 2.39 | 2.44 | 2.46 | 2.50 | 2.52 | 2.50 | 2.52 | 2.51 | 2.53 | 2.57 | 2.59 | 2.61 | 2.61 | 2.55 |
Based on the provided data, ConAgra Foods Inc's solvency ratios can be analyzed as follows:
1. Debt-to-assets ratio:
The debt-to-assets ratio measures the proportion of a company's assets financed by debt. ConAgra Foods Inc's debt-to-assets ratio fluctuates between 0.00 and 0.39 over the period indicated, showing that the company's assets are primarily financed through equity rather than debt. Generally, a lower debt-to-assets ratio indicates a lower financial risk for the company.
2. Debt-to-capital ratio:
The debt-to-capital ratio indicates the proportion of a company's capital that is financed by debt. ConAgra Foods Inc's debt-to-capital ratio ranges from 0.00 to 0.51 during the period examined. The data shows that the company relies more on equity financing than debt financing to fund its operations and investments.
3. Debt-to-equity ratio:
The debt-to-equity ratio compares a company's total debt to its shareholders' equity. ConAgra Foods Inc's debt-to-equity ratio varies between 0.00 and 1.02 across the reporting periods. A lower debt-to-equity ratio indicates a lower level of financial leverage and potentially less risk for the company.
4. Financial leverage ratio:
The financial leverage ratio measures the extent to which a company uses debt to finance its operations. ConAgra Foods Inc's financial leverage ratio ranges from 2.36 to 2.61 over the period analyzed. A higher financial leverage ratio suggests that the company relies more on debt financing, while a lower ratio implies a lower level of debt relative to equity in the capital structure.
Overall, based on the solvency ratios provided, ConAgra Foods Inc appears to have a conservative financial structure with a preference for equity financing over debt financing. The company's prudent approach to debt management may indicate a lower level of financial risk and greater stability in its financial position.
Coverage ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | 1.93 | 0.12 | 0.16 | 0.48 | 2.29 | 4.61 | 4.21 | 4.09 | 3.26 | 2.39 | 2.88 | 3.02 | 4.02 | 5.35 | 4.17 | 2.94 | 3.06 | 2.06 | 3.06 | 4.01 |
The interest coverage ratio measures a company's ability to cover its interest expenses with its earnings before interest and taxes (EBIT). A higher interest coverage ratio indicates that the company is more capable of meeting its interest obligations.
In the case of ConAgra Foods Inc, the interest coverage ratio shows some fluctuations over the reporting periods. The ratio ranges from a low of 0.12 on November 30, 2024, to a high of 5.35 on February 28, 2023.
The trend of the interest coverage ratio for ConAgra Foods Inc shows some variability, with occasional increases and decreases over the periods analyzed. A lower interest coverage ratio, such as on November 30, 2024, may indicate increased financial risk as the company may struggle to cover its interest payments with its earnings. It is essential for investors and stakeholders to monitor this ratio as it can reflect the company's financial health and ability to manage its debt obligations.