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.