Cal-Maine Foods Inc

NASDAQ CALM

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Cal-Maine Foods Inc Interest Coverage Ratio 5 year CAGR for the quarter ending November 30, 2023: 87.08%

Cal-Maine Foods Inc Interest Coverage Ratio 5 year CAGR is 87.08% for the quarter ending November 30, 2023. The interest coverage ratio is a measure of a company's ability to meet its interest payment obligations on its outstanding debt. It is calculated by dividing the company's earnings before interest and taxes (EBIT) by its interest expense. This ratio indicates the extent to which a company's earnings can cover its interest expenses. A higher interest coverage ratio suggests that the company has a greater capacity to make interest payments, indicating lower financial risk. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

Cal-Maine Foods Inc Interest Coverage Ratio for the quarter ending February 28, 2023 was -11.89, a -103.34% change year over year.
Cal-Maine Foods Inc Interest Coverage Ratio for the quarter ending February 28, 2022 was 355.72, a 2,491.98% change year over year.
Cal-Maine Foods Inc Interest Coverage Ratio for the quarter ending February 28, 2021 was -14.87, a -190.27% change year over year.
Cal-Maine Foods Inc Interest Coverage Ratio for the quarter ending February 29, 2020 was -5.12, a -138.85% change year over year.

NASDAQ: CALM

Cal-Maine Foods Inc

CEO	Mr. Adolphus B. Baker
IPO Date	Dec. 11, 1996
Location	United States
Headquarters	1052 Highland Colony Parkway, Ridgeland, MS, United States, 39157
Employees	2,815
Sector	Consumer Defensive
Industry	Farm products

Description

Cal-Maine Foods, Inc., together with its subsidiaries, produces, grades, packages, markets, and distributes shell eggs. The company offers specialty shell eggs, such as nutritionally enhanced, cage free, organic, free-range, pasture-raised, and brown eggs under the Egg-Land's Best, Land O' Lakes, Farmhouse Eggs, Sunups, Sunny Meadow, and 4Grain brand names. It sells its products to various customers, including national and regional grocery store chains, club stores, independent supermarkets, foodservice distributors, and egg product consumers primarily in the southwestern, southeastern, mid-western, and mid-Atlantic regions of the United States. Cal-Maine Foods, Inc. was founded in 1957 and is headquartered in Ridgeland, Mississippi. Cal-Maine Foods, Inc. is a subsidiary of Dlnl, Llc.

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