Lamb Weston Holdings Inc (LW)
Debt-to-assets ratio
| May 31, 2024 | May 26, 2024 | May 31, 2023 | May 28, 2023 | May 31, 2022 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 7,367,000 | 7,367,000 | 6,519,800 | 6,519,800 | 4,139,800 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
May 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $7,367,000K
= 0.00
The debt-to-assets ratio for Lamb Weston Holdings Inc has consistently been 0.00 from May 31, 2022, to May 31, 2024. A debt-to-assets ratio of 0.00 indicates that the company has no debt in relation to its total assets during this period. This signifies that the company's assets are completely financed by equity rather than debt. A lower debt-to-assets ratio suggests lower financial risk, as the company is not heavily reliant on borrowed funds to fund its operations and investments. Lamb Weston Holdings Inc's consistent 0.00 debt-to-assets ratio reflects a strong financial position and suggests a conservative approach to capital structure management.
Peer comparison
May 31, 2024