Cal-Maine Foods Inc (CALM)

Debt-to-capital ratio

May 31, 2025 Jun 1, 2024 May 31, 2024 Jun 3, 2023 May 31, 2023
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 2,560,620 1,800,150 1,800,150 1,611,080 1,611,080
Debt-to-capital ratio 0.00 0.00 0.00 0.00 0.00

May 31, 2025 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $2,560,620K)
= 0.00

The debt-to-capital ratio of Cal-Maine Foods Inc, as reflected in the provided data, consistently indicates a value of zero across multiple reporting dates, including May 31, 2023; June 3, 2023; May 31, 2024; June 1, 2024; and May 31, 2025. This uniformity suggests that the company has maintained an entirely equity-financed capital structure during these periods, with no observed reliance on debt financing. The persistent zero debt-to-capital ratio implies that Cal-Maine Foods Inc has not reported any long-term or short-term debt obligations, resulting in a capital structure composed solely of shareholders’ equity. Such a profile points to a potentially conservative financial strategy emphasizing minimal leverage, which may reduce financial risk but could also limit growth opportunities that debt financing might support.