Campbell Soup Company Common Stock (CPB)
Debt-to-equity ratio
| Jul 31, 2024 | Jul 28, 2024 | Jul 31, 2023 | Jul 30, 2023 | Jul 31, 2022 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 3,794,000 | 3,794,000 | 3,663,000 | 3,661,000 | 3,331,000 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
July 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $3,794,000K
= 0.00
Based on the data provided, the debt-to-equity ratio for Campbell Soup Company Common Stock has consistently been 0.00 from July 31, 2022, to July 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt on its balance sheet during these periods and is solely funded by equity. This suggests that the company's financial structure is conservative, as it relies more on equity financing rather than debt financing to support its operations and growth. Investors may view a low or zero debt-to-equity ratio favorably as it implies lower financial risk and potential for stable returns. However, it is important to note that a zero debt-to-equity ratio may also indicate limited leverage for potential growth opportunities. Overall, the consistent zero debt-to-equity ratio for Campbell Soup Company Common Stock reflects a cautious approach to capital structure and financial risk management.
Peer comparison
Jul 31, 2024