Lamb Weston Holdings Inc (LW)
Debt-to-assets ratio
| May 26, 2024 | May 28, 2023 | May 29, 2022 | May 30, 2021 | May 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 7,367,000 | 6,519,800 | 4,139,800 | 4,209,400 | 4,662,300 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
May 26, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $7,367,000K
= 0.00
The debt-to-assets ratio of Lamb Weston Holdings Inc has consistently been 0.00 for the past five years, indicating that the company has not used any debt to finance its assets during this period. This suggests that Lamb Weston has been relying primarily on equity to fund its operations and investments, which could signal a strong financial position with low financial risk. This stability in the debt-to-assets ratio demonstrates prudent financial management and may be viewed positively by creditors and investors as it indicates a lower risk of insolvency and financial distress. However, it is important to consider that the debt-to-assets ratio might not capture all forms of debt, such as lease obligations or off-balance sheet liabilities, so a more detailed analysis of the company's financial structure may be necessary to gain a comprehensive understanding of its leverage and risk profile.
Peer comparison
May 26, 2024