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Conagra Brands (Conagra Brands) Equity-to-Asset

: 0.42 (As of Feb. 2024)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Conagra Brands's Total Stockholders Equity for the quarter that ended in Feb. 2024 was $9,155 Mil. Conagra Brands's Total Assets for the quarter that ended in Feb. 2024 was $21,920 Mil. Therefore, Conagra Brands's Equity to Asset Ratio for the quarter that ended in Feb. 2024 was 0.42.

The historical rank and industry rank for Conagra Brands's Equity-to-Asset or its related term are showing as below:

CAG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.21   Med: 0.36   Max: 0.42
Current: 0.42

During the past 13 years, the highest Equity to Asset Ratio of Conagra Brands was 0.42. The lowest was 0.21. And the median was 0.36.

CAG's Equity-to-Asset is ranked worse than
66.25% of 1911 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs CAG: 0.42

Conagra Brands Equity-to-Asset Historical Data

The historical data trend for Conagra Brands's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 0.33 [6] => 0.35 [7] => 0.39 [8] => 0.39 [9] => 0.40 )
Conagra Brands Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.33 0.35 0.39 0.39 0.40

Conagra Brands Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Equity-to-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.40 0.40 0.40 0.41 0.42

Competitive Comparison

For the Packaged Foods subindustry, Conagra Brands's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Conagra Brands Equity-to-Asset Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Conagra Brands's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Conagra Brands's Equity-to-Asset falls into.



Conagra Brands Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Conagra Brands's Equity to Asset Ratio for the fiscal year that ended in May. 2023 is calculated as

Equity to Asset (A: May. 2023 )=Total Stockholders Equity/Total Assets
=8736.8/22052.6
=0.40

Conagra Brands's Equity to Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

Equity to Asset (Q: Feb. 2024 )=Total Stockholders Equity/Total Assets
=9154.9/21919.9
=0.42

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Conagra Brands  (NYSE:CAG) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Conagra Brands Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Conagra Brands's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Conagra Brands (Conagra Brands) Business Description

Traded in Other Exchanges
Address
222 W. Merchandise Mart Plaza, Suite 1300, Chicago, IL, USA, 60654
Conagra Brands is a packaged food company that operates predominantly in the United States (over 90% of revenue and profits). Most of its revenue comes from frozen food, including brands like Marie Callender's, Healthy Choice, Banquet, and Birds Eye. Conagra also sells snacks, shelf-stable staples, and refrigerated food through brands like Duncan Hines, Hunt's, Slim Jim, Vlasic, Orville Redenbacher's, Reddi-wip, Wish-Bone, and Chef Boyardee. The company primarily sells through the U.S. retail channel, with just 8% of fiscal 2023 revenue coming from international markets and 9% from foodservice.
Executives
Richard H Lenny director ILLINOIS TOOL WORKS INC., 155 HARLEM AVE., GLENVIEW IL 60025
Francisco Fraga director 222 MERCHANDISE MART PLAZA, SUITE 1300, CHICAGO IL 60654
Thomas M Mcgough officer: EVP and Co-COO C/O CONAGRA FOODS, INC., ONE CONAGRA DRIVE, MS 1-330, OMAHA NE 68102
William Eric Johnson officer: SVP, Corporate Controller 222 MERCHANDISE MART PLAZA, SUITE 1300, CHICAGO IL 60654
Charisse Brock officer: EVP, Chief HR Officer C/CONAGRA FOODS, INC., ONE CONAGRA DRIVE, MS1-330, OMAHA NE 68102
Robert G Wise officer: SVP, Corporate Controller C/O CONAGRA FOODS, INC., ONE CONAGRA DRIVE, OMAHA NE 68102
Carey Bartell officer: EVP, GC and Corp. Secretary C/O CONAGRA BRANDS, INC., 222 W. MERCHANDISE MART PLAZA, STE. 1300, CHICAGO IL 60654
Denise Paulonis director 8000 BENT BRANCH DRIVE, IRVING TX 75063
Emanuel Chirico director 7 NEW YORK PLACE, BRONSVILLE NY 10708
Batcheler Colleen officer: SVP and General Counsel ONE CONAGRA DRIVE, OMAHA NE 68102
Darren Serrao officer: EVP and Co-COO C/CONAGRA FOODS, INC., ONE CONAGRA DRIVE, MS1-330, OMAHA NE 68102
George Dowdie director C/O CONAGRA BRANDS, INC., 222 W. MERCHANDISE MART PLAZA, STE 1300, CHICAGO IL 60654
Fran Horowitz-bonadies director 6301 FITCH PATH, NEW ALBANY OH 43054
Alexandre Eboli officer: EVP,Chief Supply Chain Officer C/O CONAGRA BRANDS, INC., 222 W. MERCHANDISE MART PLAZA, STE. 1300, CHICAGO IL 60654
Jana Partners Llc director, other: See Remarks 767 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10153

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