Campbell’s Co (CPB)

Debt-to-assets ratio

Jul 31, 2025 Apr 30, 2025 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
Long-term debt US$ in thousands
Total assets US$ in thousands 14,896,000 14,828,000 15,910,000 16,112,000 15,235,000 15,235,000 15,243,000 15,243,000 12,106,000 12,106,000 12,257,000 12,257,000 12,058,000 12,058,000 12,073,000 11,967,000 11,967,000 12,177,000 12,177,000 11,892,000
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

July 31, 2025 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $14,896,000K
= 0.00

The analysis of Campbell’s Co debt-to-assets ratio over the period from July 2022 through October 2025 indicates a consistently zero value across all reported dates. This pattern suggests that the company has maintained a capitalization structure entirely devoid of debt, relying exclusively on equity or other non-debt financing sources throughout this timeframe. The persistent absence of debt minimizes financial leverage and indicates a conservative approach to capital structure management. Additionally, it implies that the company's total assets are financed entirely by shareholders’ equity, resulting in a debt-to-assets ratio of zero at each reporting date. This stability in the ratio reflects a potentially strategic preference for financial stability and low financial risk associated with debt obligations.