Darden Restaurants Inc (DRI)

Debt-to-assets ratio

		May 31, 2025	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
Long-term debt	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	880,900	—	885,800	—	895,100
Total assets	US$ in thousands	12,587,000	12,560,900	12,519,200	11,355,500	11,323,000	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
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	0.00	0.09	0.00	0.09	0.00	0.09

May 31, 2025 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $12,587,000K
= 0.00

The analysis of Darden Restaurants Inc.'s debt-to-assets ratio over the observed period indicates a consistent pattern of minimal or negligible debt levels relative to total assets. For most of the reporting dates from August 2022 through November 2024, the ratio remains at zero, suggesting that the company's liabilities constitute virtually none of its assets during these periods. Notably, there are instances where the ratio temporarily registers at 0.09, specifically on November 27, 2022, and February 26, 2023, indicating that at certain points, the company maintained a small proportion of debt relative to its assets, but these levels are short-lived and revert to zero shortly after. The persistent absence of debt in the ratio during subsequent periods demonstrates an overall conservative approach to leverage, emphasizing reliance on equity financing or retained earnings instead of debt to fund assets. This stability in the debt-to-assets ratio underscores the company's strong capital structure, with minimal financial leverage, potentially reflecting disciplined financial management and a focus on maintaining a low-risk profile.