Campbell’s Co (CPB)

Debt-to-capital 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 stockholders’ equity US$ in thousands 3,904,000 3,870,000 3,910,000 3,842,000 3,794,000 3,794,000 3,913,000 3,913,000 3,849,000 3,849,000 3,755,000 3,755,000 3,663,000 3,661,000 3,588,000 3,599,000 3,599,000 3,467,000 3,467,000 3,331,000
Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $3,904,000K)
= 0.00

The data indicates that Campbell’s Co has maintained a debt-to-capital ratio of zero across all reporting periods from July 31, 2022, through October 31, 2024, and extending into projected future dates up to July 31, 2025. This consistent valuation suggests that the company has not reported any interest-bearing debt or other forms of leverage during this timeframe. As a result, Campbell’s Co appears to operate without traditional debt obligations, reflecting either a fully equity-financed capital structure or possibly negligible debt levels below the reporting threshold. The persistent absence of debt indicates a conservative financial policy, which might contribute to a lower financial risk profile but also impacts the company's leveraging capacity for growth or investment opportunities.