Cal-Maine Foods Inc (CALM)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
May 31, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $2,560,620K
= 0.00
The data indicates that Cal-Maine Foods Inc has maintained a debt-to-equity ratio of zero across all the specified dates: May 31, 2023; June 3, 2023; May 31, 2024; June 1, 2024; and May 31, 2025. This consistent zero value suggests that the company has not used debt financing during this period and is entirely financed through equity. Such a financial structure implies a conservative approach to leveraging, with no reliance on debt obligations to fund operations or growth initiatives. Maintaining a debt-to-equity ratio of zero minimizes financial risk associated with interest obligations and debt repayments; however, it may also limit the company's leverage capabilities for expansion or other strategic investments. This pattern reflects a capital structure that is solely equity-based, which could influence the company's overall risk profile and potential for return on equity depending on its operational strategies and financial management.