Campbell’s Co (CPB)
Cash ratio
| Jul 31, 2025 | Jul 31, 2024 | Jul 28, 2024 | Jul 31, 2023 | Jul 30, 2023 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 132,000 | 108,000 | 108,000 | 189,000 | 189,000 |
| Short-term investments | US$ in thousands | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 2,906,000 | 3,576,000 | 3,576,000 | 2,222,000 | 2,222,000 |
| Cash ratio | 0.05 | 0.03 | 0.03 | 0.09 | 0.09 |
July 31, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($132,000K
+ $—K)
÷ $2,906,000K
= 0.05
The cash ratio of Campbell’s Co demonstrates a declining trend over the observed periods, with values decreasing from 0.09 in July 2023 to a low of 0.03 in July 2024 before slightly improving to 0.05 by July 2025. This metric, which measures the company’s ability to meet its short-term liabilities with its most liquid assets (cash and cash equivalents), indicates a potential reduction in immediate liquidity over the span of these fiscal years. The notably low cash ratios, particularly the 0.03 ratios in July 2024, suggest that the company maintains only a small proportion of its current liabilities in cash, which may imply a reliance on other liquid assets or quick-current assets to meet short-term obligations. The slight recovery to 0.05 in 2025, although still relatively low, could signify a modest improvement in liquid asset positioning. Overall, the trend suggests a cautious or constrained liquidity profile, highlighting the importance for stakeholders to monitor the company's cash management and liquidity strategies moving forward.