Campbell Soup Company Common Stock (CPB)
Current 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 3,181,000 | 3,137,000 | 2,190,000 | 2,190,000 | 2,139,000 | 2,139,000 | 2,070,000 | 2,070,000 | 2,239,000 | 2,239,000 | 2,061,000 | 2,061,000 | 2,104,000 | 2,087,000 | 2,087,000 | 2,304,000 | 2,304,000 | 1,963,000 | 1,852,000 | 1,852,000 |
| 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 |
| Current ratio | 0.93 | 0.91 | 0.61 | 0.61 | 0.62 | 0.62 | 1.01 | 1.01 | 0.97 | 0.97 | 0.93 | 0.93 | 0.92 | 0.77 | 0.77 | 0.76 | 0.76 | 0.68 | 0.69 | 0.69 |
January 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $3,181,000K ÷ $3,413,000K
= 0.93
The current ratio of Campbell Soup Company Common Stock has shown fluctuation over the period from April 30, 2022, to January 31, 2025. The current ratio measures the company's ability to cover its short-term liabilities with its short-term assets.
The trend of the current ratio shows a general improvement over the period, starting at 0.69 in April 2022, increasing gradually to 1.01 in January 2024 before dropping to 0.62 in April 2024. Thereafter, the ratio started to rise again, reaching 0.93 in January 2025.
A current ratio greater than 1 indicates that the company has more current assets than current liabilities, which implies a strong liquidity position. A ratio below 1 suggests that the company may have difficulties meeting its short-term obligations.
It is important to pay attention to the factors influencing the current ratio, including changes in current assets and liabilities, as well as the company's overall financial health, to gain a comprehensive understanding of Campbell Soup Company's liquidity position.
Peer comparison
Jan 31, 2025