Campbell’s Co (CPB)

Debt-to-equity ratio

Jul 31, 2025 Jul 31, 2024 Jul 28, 2024 Jul 31, 2023 Jul 30, 2023
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 3,904,000 3,794,000 3,794,000 3,663,000 3,661,000
Debt-to-equity ratio 0.00 0.00 0.00 0.00 0.00

July 31, 2025 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $3,904,000K
= 0.00

The debt-to-equity ratio of Campbell’s Co remains consistently at 0.00 across all reported dates, including July 30, 2023; July 31, 2023; July 28, 2024; July 31, 2024; and July 31, 2025. This indicates that the company has no reported interest-bearing debt in its capital structure during these periods. Such a persistent ratio suggests that Campbell’s Co has funded its operations entirely through equity or internal retained earnings without utilizing debt financing. This capital structure approach minimizes financial leverage and associated risks, reflecting a potentially conservative financing policy aimed at maintaining financial stability or possibly indicating a lack of debt-related expenses affecting profitability metrics.