Cal-Maine Foods Balance Sheet Health
Financial Health criteria checks 6/6
Cal-Maine Foods has a total shareholder equity of $1.7B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $2.1B and $412.6M respectively. Cal-Maine Foods's EBIT is $315.9M making its interest coverage ratio -7.5. It has cash and short-term investments of $694.8M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -7.5x |
| Cash | US$694.84m |
| Equity | US$1.72b |
| Total liabilities | US$412.57m |
| Total assets | US$2.13b |
Recent financial health updates
No updates
Recent updates
Cal-Maine Foods, Inc. Just Recorded A 22% EPS Beat: Here's What Analysts Are Forecasting Next
Apr 05
Cal-Maine Foods: A Steady Business With No Signs Of Exciting Growth
Mar 20Returns on Capital Paint A Bright Future For Cal-Maine Foods (NASDAQ:CALM)
Oct 05Should You Be Adding Cal-Maine Foods (NASDAQ:CALM) To Your Watchlist Today?
Sep 15A Look At The Fair Value Of Cal-Maine Foods, Inc. (NASDAQ:CALM)
May 22Should You Be Adding Cal-Maine Foods (NASDAQ:CALM) To Your Watchlist Today?
Apr 26We Like Cal-Maine Foods' (NASDAQ:CALM) Returns And Here's How They're Trending
Feb 13Bullish: Analysts Just Made A Substantial Upgrade To Their Cal-Maine Foods, Inc. (NASDAQ:CALM) Forecasts
Jan 09Cal-Maine Foods: Get Out While You Can
Oct 05Investors Will Want Cal-Maine Foods' (NASDAQ:CALM) Growth In ROCE To Persist
Sep 27Cal-Maine Foods FQ1 2023 Earnings Preview
Sep 26With EPS Growth And More, Cal-Maine Foods (NASDAQ:CALM) Makes An Interesting Case
Sep 06Cal-Maine Foods: Avian Flu Receding
Jul 30Cal-Maine Foods Q4 2022 Earnings Preview
Jul 18Cal-Maine Foods' Future Is Uncertain Amid An Inflationary Egg Environment
Jun 26Cal-Maine Foods: Far From Egg-Cellent
Apr 04Bullish: Analysts Just Made A Huge Upgrade To Their Cal-Maine Foods, Inc. (NASDAQ:CALM) Forecasts
Mar 31Cal-Maine Foods: Weighed Down By Inflation, But A Trade Emerges
Jan 05Trading Cal-Maine Foods: All About Those Costs
Oct 01We Discuss Why Cal-Maine Foods, Inc.'s (NASDAQ:CALM) CEO Will Find It Hard To Get A Pay Rise From Shareholders This Year
Sep 25Cal-Maine: A Strong Balance Sheet In A Stormy Industry
Jun 17Cal-Maine Foods lower after BofA warns on profit pressure
May 26Here's What's Concerning About Cal-Maine Foods' (NASDAQ:CALM) Returns On Capital
Apr 05Financial Position Analysis
Short Term Liabilities: CALM's short term assets ($1.2B) exceed its short term liabilities ($215.7M).
Long Term Liabilities: CALM's short term assets ($1.2B) exceed its long term liabilities ($196.9M).
Debt to Equity History and Analysis
Debt Level: CALM is debt free.
Reducing Debt: CALM has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.
Debt Coverage: CALM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CALM has no debt, therefore coverage of interest payments is not a concern.