Campbell Soup Company Common Stock (CPB)
Debt-to-assets 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 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 | 11,847,000 | 11,847,000 |
| 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 |
January 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $15,910,000K
= 0.00
Based on the data provided, it is evident that Campbell Soup Company Common Stock has consistently maintained a debt-to-assets ratio of 0.00 across multiple reporting periods from April 30, 2022, to January 31, 2025.
A debt-to-assets ratio of 0.00 implies that the company has no debt relative to its total assets during the specified periods. This indicates that Campbell Soup Company has not leveraged debt as a source of financing to support its operations or expansion initiatives.
The consistently low debt-to-assets ratio suggests that the company may have chosen to finance its activities primarily through equity or retained earnings rather than taking on debt obligations. This could potentially indicate a conservative financial management approach aimed at minimizing the financial risk associated with high levels of debt.
Overall, the stable and low debt-to-assets ratio for Campbell Soup Company Common Stock reflects a financially conservative strategy that prioritizes maintaining a strong balance sheet and financial stability.
Peer comparison
Jan 31, 2025