Conagra Brands Financial Health
Financial Health criteria checks 1/6
Conagra Brands has a total shareholder equity of $8.9B and total debt of $8.6B, which brings its debt-to-equity ratio to 96.5%. Its total assets and total liabilities are $22.5B and $13.5B respectively. Conagra Brands's EBIT is $1.9B making its interest coverage ratio 4.9. It has cash and short-term investments of $71.2M.
Key information
96.5%
Debt to equity ratio
US$8.62b
Debt
| Interest coverage ratio | 4.9x |
| Cash | US$71.20m |
| Equity | US$8.94b |
| Total liabilities | US$13.52b |
| Total assets | US$22.45b |
Recent financial health updates
Here's Why Conagra Brands (NYSE:CAG) Has A Meaningful Debt Burden
May 08
Here's Why Conagra Brands (NYSE:CAG) Has A Meaningful Debt Burden
Jan 30We Think Conagra Brands (NYSE:CAG) Is Taking Some Risk With Its Debt
Oct 09These 4 Measures Indicate That Conagra Brands (NYSE:CAG) Is Using Debt Extensively
Jun 22Conagra Brands (NYSE:CAG) Takes On Some Risk With Its Use Of Debt
Mar 24Is Conagra Brands (NYSE:CAG) A Risky Investment?
Nov 29Recent updates
Is There An Opportunity With Conagra Brands, Inc.'s (NYSE:CAG) 38% Undervaluation?
May 26Here's Why Conagra Brands (NYSE:CAG) Has A Meaningful Debt Burden
May 08Conagra Brands, Inc.'s (NYSE:CAG) Intrinsic Value Is Potentially 79% Above Its Share Price
Feb 14Here's Why Conagra Brands (NYSE:CAG) Has A Meaningful Debt Burden
Jan 30Conagra Brands Q2 2023 Earnings: Still A Tasty Play
Jan 06Earnings week ahead: Constellation Brands, Conagra, Walgreens and more
Dec 30Conagra: High Leverage And Rich Valuation, Hold For Now
Dec 20Conagra Is Not A Bargain, But Rather A Value Trap
Dec 11Are Investors Undervaluing Conagra Brands, Inc. (NYSE:CAG) By 34%?
Nov 06We Think Conagra Brands (NYSE:CAG) Is Taking Some Risk With Its Debt
Oct 095 stocks to watch on Thursday: Peloton, Levi Strauss, Conagra and more
Oct 06Earnings week ahead: Levi Strauss, Constellation Brands, Tilray, Conagra Brands and more
Sep 30Conagra Brands: Attractive Yield And Growing
Aug 08Conagra Brands' (NYSE:CAG) Dividend Will Be Increased To $0.33
Jul 26Conagra Is Coping With Inflationary Headwinds
Jul 20ConAgra Brands Q4 2022 Earnings Preview
Jul 13Conagra Could Be A Safe Haven In Times Of Declining Consumer Confidence
Jun 30These 4 Measures Indicate That Conagra Brands (NYSE:CAG) Is Using Debt Extensively
Jun 22Conagra: Locking In Option Premium As Stock Runs Higher
Apr 25Conagra Brands Q3 2022 Earnings Preview: Shares Look Cheap Heading In
Apr 06Conagra Brands (NYSE:CAG) Takes On Some Risk With Its Use Of Debt
Mar 24Is Now The Time To Look At Buying Conagra Brands, Inc. (NYSE:CAG)?
Jan 10Conagra Brands: An Attractive Dividend Play
Dec 14With EPS Growth And More, Conagra Brands (NYSE:CAG) Is Interesting
Dec 13Conagra Looks Oversold
Dec 08Is Conagra Brands (NYSE:CAG) A Risky Investment?
Nov 29The Data Behind Conagra Brands October 7 Earnings
Sep 27It's Probably Less Likely That Conagra Brands, Inc.'s (NYSE:CAG) CEO Will See A Huge Pay Rise This Year
Sep 09Does Conagra Brands (NYSE:CAG) Have A Healthy Balance Sheet?
Aug 13Conagra Brands: Struggling Along
Jul 18Conagra Brands (NYSE:CAG) Will Pay A Larger Dividend Than Last Year At US$0.31
Jul 16Is It Time To Consider Buying Conagra Brands, Inc. (NYSE:CAG)?
Jul 08An Intrinsic Calculation For Conagra Brands, Inc. (NYSE:CAG) Suggests It's 48% Undervalued
May 18Financial Position Analysis
Short Term Liabilities: CAG's short term assets ($3.5B) do not cover its short term liabilities ($3.6B).
Long Term Liabilities: CAG's short term assets ($3.5B) do not cover its long term liabilities ($10.0B).
Debt to Equity History and Analysis
Debt Level: CAG's net debt to equity ratio (95.7%) is considered high.
Reducing Debt: CAG's debt to equity ratio has increased from 93.7% to 96.5% over the past 5 years.
Debt Coverage: CAG's debt is not well covered by operating cash flow (13.1%).
Interest Coverage: CAG's interest payments on its debt are well covered by EBIT (4.9x coverage).