Cal-Maine Foods Inc (CALM)
Financial leverage ratio
| May 31, 2025 | Jun 1, 2024 | May 31, 2024 | Jun 3, 2023 | May 31, 2023 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 3,102,490 | 2,184,760 | 2,184,760 | 1,954,520 | 1,954,520 |
| Total stockholders’ equity | US$ in thousands | 2,560,620 | 1,800,150 | 1,800,150 | 1,611,080 | 1,611,080 |
| Financial leverage ratio | 1.21 | 1.21 | 1.21 | 1.21 | 1.21 |
May 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $3,102,490K ÷ $2,560,620K
= 1.21
The financial leverage ratio of Cal-Maine Foods Inc remains consistently at 1.21 across the specified dates—May 31, 2023; June 3, 2023; May 31, 2024; June 1, 2024; and May 31, 2025. This stability suggests that the company's proportion of total assets financed by debt has maintained a steady level over the analyzed period. A leverage ratio of 1.21 indicates that, on average, for every dollar of equity, Cal-Maine Foods Inc has approximately $1.21 in total assets supported by debt. The persistent ratio points to a relatively conservative and stable financial structure, with no significant fluctuations in leverage. Such consistency may reflect disciplined financial management strategies and a stable approach to capital structuring, which could potentially mitigate financial risk related to excessive leverage.