Conagra Brands Balance Sheet Health
Financial Health criteria checks 3/6
Conagra Brands has a total shareholder equity of $8.7B and total debt of $8.8B, which brings its debt-to-equity ratio to 100.9%. Its total assets and total liabilities are $21.2B and $12.6B respectively. Conagra Brands's EBIT is $1.9B making its interest coverage ratio 4.3. It has cash and short-term investments of $128.7M.
Key information
100.9%
Debt to equity ratio
US$8.77b
Debt
| Interest coverage ratio | 4.3x |
| Cash | US$128.70m |
| Equity | US$8.70b |
| Total liabilities | US$12.55b |
| Total assets | US$21.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CAO's short term assets ($3.4B) do not cover its short term liabilities ($3.6B).
Long Term Liabilities: CAO's short term assets ($3.4B) do not cover its long term liabilities ($8.9B).
Debt to Equity History and Analysis
Debt Level: CAO's net debt to equity ratio (99.4%) is considered high.
Reducing Debt: CAO's debt to equity ratio has reduced from 137.9% to 100.9% over the past 5 years.
Debt Coverage: CAO's debt is well covered by operating cash flow (21%).
Interest Coverage: CAO's interest payments on its debt are well covered by EBIT (4.3x coverage).