Campbell’s Co (CPB)

Debt-to-equity 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-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 31, 2025 calculation

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

The analysis of Campbell’s Co debt-to-equity ratio as of the various reporting dates reveals that the company has consistently maintained a ratio of zero throughout the period from July 2022 to July 2025. This indicates that Campbell’s Co has not utilized any form of debt financing relative to its equity during this timeframe. The absence of debt suggests that the company relies entirely on its equity capital base to fund its operations and growth initiatives. Such a financing structure implies a conservative approach with minimal financial leverage, potentially reducing financial risk but also possibly limiting opportunities for expansion financed through borrowed funds. Overall, Campbell’s Co exhibits a debt-free capital structure in the analyzed period, maintaining a debt-to-equity ratio of zero at each documented date.