Conagra Brands Balance Sheet Health
Financial Health criteria checks 3/6
Conagra Brands has a total shareholder equity of $9.2B and total debt of $8.7B, which brings its debt-to-equity ratio to 94.1%. Its total assets and total liabilities are $21.9B and $12.7B respectively. Conagra Brands's EBIT is $1.9B making its interest coverage ratio 4.3. It has cash and short-term investments of $78.5M.
Key information
94.1%
Debt to equity ratio
US$8.68b
Debt
| Interest coverage ratio | 4.3x |
| Cash | US$78.50m |
| Equity | US$9.23b |
| Total liabilities | US$12.69b |
| Total assets | US$21.92b |
Recent financial health updates
Conagra Brands (NYSE:CAG) Takes On Some Risk With Its Use Of Debt
Feb 11
We Think Conagra Brands (NYSE:CAG) Is Taking Some Risk With Its Debt
Aug 27Here's Why Conagra Brands (NYSE:CAG) Has A Meaningful Debt Burden
May 08Here'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 09Recent updates
Conagra: 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 23Conagra Brands (NYSE:CAG) Is Reinvesting At Lower Rates Of Return
Dec 15Why 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 14Here's Why Shareholders Should Examine Conagra Brands, Inc.'s (NYSE:CAG) CEO Compensation Package More Closely
Sep 08We Think Conagra Brands (NYSE:CAG) Is Taking Some Risk With Its Debt
Aug 27Conagra: Growing Dividends And Market Share
Aug 17Conagra: Attractive Valuation For This Dividend Grower
Jul 27Conagra Brands (NYSE:CAG) Will Pay A Larger Dividend Than Last Year At $0.35
Jul 22Conagra: Cautiously Reconsider This Stock (Rating Upgrade)
Jul 09Conagra: Our Investment Thesis Became Less Bullish, Rating Downgrade
Jun 23Is 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 13Financial Position Analysis
Short Term Liabilities: CAG's short term assets ($3.3B) do not cover its short term liabilities ($3.5B).
Long Term Liabilities: CAG's short term assets ($3.3B) do not cover its long term liabilities ($9.2B).
Debt to Equity History and Analysis
Debt Level: CAG's net debt to equity ratio (93.2%) is considered high.
Reducing Debt: CAG's debt to equity ratio has reduced from 147% to 94.1% 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).