Campbell Soup Company Common Stock (CPB)
Cash ratio
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Jul 28, 2024 | Apr 30, 2024 | Apr 28, 2024 | Jan 31, 2024 | Jan 28, 2024 | Oct 31, 2023 | Oct 29, 2023 | Jul 31, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 31, 2023 | Jan 29, 2023 | Oct 31, 2022 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Apr 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 829,000 | 808,000 | 108,000 | 108,000 | 107,000 | 107,000 | 169,000 | 169,000 | 91,000 | 91,000 | 189,000 | 189,000 | 223,000 | 158,000 | 158,000 | 130,000 | 130,000 | 109,000 | 196,000 | 196,000 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 3,413,000 | 3,465,000 | 3,576,000 | 3,576,000 | 3,457,000 | 3,457,000 | 2,056,000 | 2,056,000 | 2,310,000 | 2,310,000 | 2,222,000 | 2,222,000 | 2,288,000 | 2,699,000 | 2,699,000 | 3,033,000 | 3,033,000 | 2,886,000 | 2,699,000 | 2,699,000 |
| Cash ratio | 0.24 | 0.23 | 0.03 | 0.03 | 0.03 | 0.03 | 0.08 | 0.08 | 0.04 | 0.04 | 0.09 | 0.09 | 0.10 | 0.06 | 0.06 | 0.04 | 0.04 | 0.04 | 0.07 | 0.07 |
January 31, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($829,000K
+ $—K)
÷ $3,413,000K
= 0.24
The cash ratio of Campbell Soup Company Common Stock has exhibited fluctuations over the period from April 30, 2022, to January 31, 2025. The cash ratio, which measures the company's ability to cover its short-term obligations with its cash and cash equivalents, started at 0.07 on April 30, 2022, and remained relatively stable at this level until July 31, 2022. Subsequently, there was a decrease to 0.04 by October 30, 2022, which was sustained through January 31, 2023.
There was a notable improvement in the cash ratio in the following quarters, reaching 0.10 on April 30, 2023, indicating strengthened liquidity position compared to the previous periods. However, this was followed by a slight decline to 0.09 by July 31, 2023, which was maintained through October 31, 2023.
The company's cash ratio then increased to 0.08 by January 31, 2024, demonstrating a moderate improvement in short-term liquidity. Subsequently, there was a decline to 0.03 by April 30, 2024, which continued through July 31, 2024. Notably, there was a substantial surge in the cash ratio to 0.23 by October 31, 2024, indicating significantly stronger liquidity compared to previous periods. This improvement was sustained with a further increase to 0.24 by January 31, 2025, showcasing the company's enhanced ability to cover its short-term obligations with its available cash and cash equivalents.
Overall, the cash ratio of Campbell Soup Company Common Stock displays variability over the analyzed period, with fluctuations reflecting changes in the company's cash position and its ability to meet short-term financial obligations.
Peer comparison
Jan 31, 2025