Lamb Weston Holdings Inc (LW)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
May 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,787,800K
= 0.00
Based on the data provided, Lamb Weston Holdings Inc has consistently maintained a debt-to-equity ratio of 0.00 over the past several years, including as of May 31, 2024. This indicates that the company has no debt on its balance sheet relative to its equity, which suggests a conservative financial structure. A debt-to-equity ratio of 0.00 implies that the company is not relying on borrowed funds to finance its operations or growth initiatives. Shareholders' equity is the primary source of funding for the company's assets and investments, providing a solid financial foundation with lower financial risk. Overall, the consistent 0.00 debt-to-equity ratio reflects a strong financial position for Lamb Weston Holdings Inc with a high level of financial stability and independence from external debt.
Peer comparison
May 31, 2024