Cal-Maine Foods Inc (CALM)
Debt-to-assets ratio
| May 31, 2025 | Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | Jun 1, 2024 | May 31, 2024 | Mar 2, 2024 | Feb 29, 2024 | Dec 2, 2023 | Nov 30, 2023 | Sep 2, 2023 | Aug 31, 2023 | Jun 3, 2023 | May 31, 2023 | Feb 28, 2023 | Feb 25, 2023 | Nov 30, 2022 | Nov 26, 2022 | Aug 31, 2022 | Aug 27, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 3,102,490 | 3,081,570 | 2,490,100 | 2,390,010 | 2,184,760 | 2,198,940 | 2,133,530 | 2,133,530 | 1,966,800 | 1,966,800 | 1,900,370 | 1,900,370 | 1,954,520 | 1,954,520 | 1,992,480 | 1,992,480 | 1,763,440 | 1,763,440 | 1,554,730 | 1,554,730 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
May 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $3,102,490K
= 0.00
The analysis of Cal-Maine Foods Inc.'s debt-to-assets ratio over the listed periods indicates a consistent value of zero. Throughout all referenced dates—from August 2022 through May 2025—the company's debt-to-assets ratio has remained at 0.00. This persistent figure suggests that Cal-Maine Foods Inc. has maintained a debt-free balance sheet during this timeframe, with no reported liabilities relative to its total assets. Such a consistent ratio implies that the company has either financed its operations entirely through equity or has managed to operate without utilizing debt financing. This financial structure indicates a conservative approach to leverage, potentially reducing financial risk but also possibly limiting growth strategies that depend on borrowed capital.