Campbell Soup Company Common Stock (CPB)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $3,794,000K
= 0.00
The debt-to-equity ratio for Campbell Soup Company Common Stock has consistently been reported as 0.00 over the past several quarters. This suggests that the company has either no debt or a negligible amount of debt relative to its equity. A debt-to-equity ratio of 0.00 indicates that the company is primarily using equity financing rather than debt financing to fund its operations and growth. This can be viewed positively by investors as it signifies a lower level of financial risk and leverage for the company. However, it is important to note that a low debt-to-equity ratio may also imply limited opportunities for leveraging financial resources for potential growth. Overall, a consistent debt-to-equity ratio of 0.00 reflects Campbell Soup Company's strategic choice to maintain a conservative capital structure.
Peer comparison
Jul 28, 2024