Darden Restaurants Inc (DRI)
Debt-to-assets ratio
| Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | May 26, 2024 | Feb 29, 2024 | Feb 25, 2024 | Nov 30, 2023 | Nov 26, 2023 | Aug 31, 2023 | Aug 27, 2023 | May 31, 2023 | May 28, 2023 | Feb 28, 2023 | Feb 26, 2023 | Nov 30, 2022 | Nov 27, 2022 | Aug 31, 2022 | Aug 28, 2022 | May 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 880,900 | — | 885,800 | — | 895,100 | — |
| Total assets | US$ in thousands | 12,560,900 | 12,519,200 | 11,355,500 | 12,965,600 | 11,323,000 | 11,358,200 | 11,358,200 | 11,322,100 | 11,322,100 | 11,269,200 | 11,269,200 | 10,241,500 | 10,241,500 | 10,075,400 | 10,075,400 | 10,025,300 | 10,025,300 | 10,014,500 | 10,014,500 | 11,673,200 |
| 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 | 0.09 | 0.00 | 0.09 | 0.00 | 0.09 | 0.00 |
February 28, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $12,560,900K
= 0.00
The debt-to-assets ratio for Darden Restaurants Inc has remained consistently low and stable over the past few years, with a ratio of 0.00 as of February 28, 2025. This indicates that the company relies very minimally on debt to finance its assets, which is generally a positive sign of financial health and stability. A low debt-to-assets ratio suggests that the company has a strong financial position and is not heavily burdened by debt obligations. It also implies that the company has a significant portion of its assets financed through equity, which can provide a cushion against financial risks and uncertainties. Overall, Darden Restaurants Inc's low debt-to-assets ratio is a favorable indicator for investors and stakeholders, reflecting sound financial management and a conservative approach to leverage.
Peer comparison
Feb 28, 2025