Campbell’s Co (CPB)
Quick ratio
| Jul 31, 2025 | Jul 31, 2024 | Jul 28, 2024 | Jul 31, 2023 | Jul 30, 2023 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 132,000 | 108,000 | 108,000 | 189,000 | 189,000 |
| Short-term investments | US$ in thousands | — | — | — | — | — |
| Receivables | US$ in thousands | — | 630,000 | 630,000 | 529,000 | 529,000 |
| Total current liabilities | US$ in thousands | 2,906,000 | 3,576,000 | 3,576,000 | 2,222,000 | 2,222,000 |
| Quick ratio | 0.05 | 0.21 | 0.21 | 0.32 | 0.32 |
July 31, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($132,000K
+ $—K
+ $—K)
÷ $2,906,000K
= 0.05
The quick ratio of Campbell’s Co exhibits a noticeable declining trend over the period analyzed. As of July 30 and July 31, 2023, the quick ratio stood at 0.32, indicating that the company's most liquid assets slightly exceeded one-third of its current liabilities. By July 28 and July 31, 2024, this ratio declined to 0.21, reflecting a deterioration in liquidity position, where liquid assets covered only about one-fifth of current liabilities. The most recent data for July 31, 2025, reveals a sharp decrease to 0.05, signifying a significant reduction in liquidity and suggesting that the company’s liquid assets are now insufficient to meet even a small fraction of its short-term obligations. Overall, the downward trend in the quick ratio indicates increasing liquidity risk for Campbell’s Co over the assessed period.