Campbell Soup Company Common Stock (CPB)
Debt-to-capital ratio
| Jul 28, 2024 | Apr 28, 2024 | Jan 28, 2024 | Oct 29, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 29, 2023 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Jan 30, 2022 | Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Nov 1, 2020 | Aug 2, 2020 | Apr 26, 2020 | Jan 26, 2020 | Oct 27, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 3,794,000 | 3,913,000 | 3,849,000 | 3,755,000 | 3,661,000 | 3,586,000 | 3,599,000 | 3,467,000 | 3,331,000 | 3,393,000 | 3,350,000 | 3,235,000 | 3,152,000 | 2,993,000 | 2,922,000 | 2,769,000 | 2,563,000 | 2,575,000 | 2,494,000 | 1,239,000 |
| 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 28, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $3,794,000K)
= 0.00
The debt-to-capital ratio for Campbell Soup Company Common Stock has consistently remained at 0.00 for the past 20 quarters, indicating that the company has not used debt as a significant source of financing relative to its total capital during this period. A debt-to-capital ratio of 0.00 suggests that the company's capital structure is predominantly equity-based, with little to no reliance on debt to fund its operations and investments. This could signify a conservative approach to financial leverage and a lower risk of financial distress due to debt obligations. Investors may view a consistently low debt-to-capital ratio positively as it indicates sound financial health and stability.
Peer comparison
Jul 28, 2024