Lamb Weston Holdings Inc (LW)
Debt-to-capital ratio
| May 31, 2024 | May 26, 2024 | May 31, 2023 | May 28, 2023 | May 31, 2022 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,787,800 | 1,787,800 | 1,411,300 | 1,411,300 | 360,500 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
May 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,787,800K)
= 0.00
The debt-to-capital ratio of Lamb Weston Holdings Inc has consistently been 0.00 from May 31, 2022, to May 31, 2024. This ratio indicates that the company has not used any debt to finance its operations and investments compared to its total capital. A debt-to-capital ratio of 0.00 suggests that the company's operations are primarily financed through equity rather than debt. This low debt level reflects a conservative financial strategy and may indicate lower financial risk and interest expense for the company. However, it's important to note that relying solely on equity financing may limit the company's ability to leverage additional funds for potential growth opportunities.
Peer comparison
May 31, 2024