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
Conagra Brands (NYSE:CAG) Takes On Some Risk With Its Use Of Debt
Sep 18
Here's Why Conagra Brands (NYSE:CAG) Has A Meaningful Debt Burden
Jun 11Conagra Brands (NYSE:CAG) Takes On Some Risk With Its Use Of Debt
Feb 11Recent updates
Conagra Brands (NYSE:CAG) Will Pay A Dividend Of $0.35
Dec 15Conagra Brands: 11% FCF Yield, Attractive At A 10-11x P/E Heading Into Earnings
Dec 11What You Can Learn From Conagra Brands, Inc.'s (NYSE:CAG) P/E
Nov 17Conagra Brands (NYSE:CAG) Is Experiencing Growth In Returns On Capital
Oct 16Is Conagra Brands, Inc. (NYSE:CAG) Trading At A 49% Discount?
Oct 03Conagra: Keeping My Expectations Low Ahead Of Earnings
Sep 30Conagra Brands (NYSE:CAG) Takes On Some Risk With Its Use Of Debt
Sep 18Conagra Brands: Positive Valuation But With Some Risks
Aug 30The Price Is Right For Conagra Brands, Inc. (NYSE:CAG)
Aug 06Conagra Brands: Still Looks Like An Attractive Value Play
Aug 01Conagra Brands (NYSE:CAG) Will Pay A Dividend Of $0.35
Jul 15We Like These Underlying Return On Capital Trends At Conagra Brands (NYSE:CAG)
Jul 11Conagra: The Company's Upside Remains Elevated Going Into Q4
Jul 09Conagra Brands, Inc. (NYSE:CAG) Shares Could Be 22% Below Their Intrinsic Value Estimate
Jun 26Here's Why Conagra Brands (NYSE:CAG) Has A Meaningful Debt Burden
Jun 11Conagra Brands: Improving Outlook And Discounted Valuation
Jun 03Conagra Brands: Offering A Secure And Growing Dividend
Apr 24Conagra: Not Too Old To Make My Dividend Stock List, Buy Rating
Apr 12Conagra Brands' (NYSE:CAG) Earnings Offer More Than Meets The Eye
Apr 11Earnings Tell The Story For Conagra Brands, Inc. (NYSE:CAG)
Apr 05Conagra Q3 Earnings Preview: A Focus On Frozen Foods And Volume Improvement
Apr 01Returns At Conagra Brands (NYSE:CAG) Are On The Way Up
Mar 18Conagra Brands: A Strong Dividend Performer Poised For Growth
Mar 10Conagra Brands (NYSE:CAG) Takes On Some Risk With Its Use Of Debt
Feb 11Conagra Brands: Value-Priced Dividend Play
Jan 23Conagra Brands Q2 Earnings: Positive Volume Trends Despite Top Line Pressure
Jan 04Conagra: Frozen In Value Range
Dec 23Why Conagra Is A Top-Tier Value Play For 2024 And Beyond
Nov 20Conagra: Buy Alert For Dividend, Defensive And Value Investors
Oct 23Conagra's Selloff Opened Up A Good Buying Opportunity
Oct 16Conagra Brands: If Only Cheap Were Enough Of A Reason
Sep 25Conagra Brands: The Parts Are Worth More Than The Whole
Sep 14Conagra: Growing Dividends And Market Share
Aug 17Conagra: Attractive Valuation For This Dividend Grower
Jul 27Conagra: Cautiously Reconsider This Stock (Rating Upgrade)
Jul 09Conagra: Our Investment Thesis Became Less Bullish, Rating Downgrade
Jun 23Financial Position Analysis
Short Term Liabilities: CAG's short term assets ($3.4B) do not cover its short term liabilities ($3.6B).
Long Term Liabilities: CAG's short term assets ($3.4B) do not cover its long term liabilities ($8.9B).
Debt to Equity History and Analysis
Debt Level: CAG's net debt to equity ratio (99.4%) is considered high.
Reducing Debt: CAG's debt to equity ratio has reduced from 137.9% to 100.9% over the past 5 years.
Debt Coverage: CAG's debt is well covered by operating cash flow (21%).
Interest Coverage: CAG's interest payments on its debt are well covered by EBIT (4.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 13:00 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/08/25 |
| Annual Earnings | 2024/05/26 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Conagra Brands, Inc. is covered by 34 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Andrew Lazar | Barclays |
| Donald McLee | Berenberg |