Campbell Soup Company Common Stock (CPB)
Financial leverage ratio
| 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 | May 1, 2022 | Apr 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 15,910,000 | 16,112,000 | 15,235,000 | 15,235,000 | 15,243,000 | 15,243,000 | 12,106,000 | 12,106,000 | 12,257,000 | 12,257,000 | 12,058,000 | 12,058,000 | 12,073,000 | 11,967,000 | 11,967,000 | 12,177,000 | 12,177,000 | 11,892,000 | 11,847,000 | 11,847,000 |
| Total stockholders’ equity | US$ in thousands | 3,910,000 | 3,842,000 | 3,794,000 | 3,794,000 | 3,913,000 | 3,913,000 | 3,849,000 | 3,849,000 | 3,757,000 | 3,755,000 | 3,663,000 | 3,661,000 | 3,588,000 | 3,601,000 | 3,599,000 | 3,467,000 | 3,467,000 | 3,333,000 | 3,393,000 | 3,393,000 |
| Financial leverage ratio | 4.07 | 4.19 | 4.02 | 4.02 | 3.90 | 3.90 | 3.15 | 3.15 | 3.26 | 3.26 | 3.29 | 3.29 | 3.36 | 3.32 | 3.33 | 3.51 | 3.51 | 3.57 | 3.49 | 3.49 |
January 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $15,910,000K ÷ $3,910,000K
= 4.07
The financial leverage ratio of Campbell Soup Company Common Stock has shown some fluctuations over the reported periods. The ratio ranged between 3.15 and 4.19, indicating the company's reliance on debt financing to support its operations and growth initiatives. A higher financial leverage ratio suggests a higher proportion of debt in the company's capital structure, which can potentially magnify returns on equity but also increase financial risk.
During the period under review, the financial leverage ratio peaked at 4.19 in October 31, 2024, signaling a relatively high level of debt compared to equity in the company's capital structure. On the other hand, the ratio reached its lowest point of 3.15 in January 28, 2024, indicating a lower proportion of debt in the capital mix.
Overall, the fluctuations in Campbell Soup Company's financial leverage ratio suggest varying levels of debt utilization to fund the company's operations and investments. It is essential for investors and stakeholders to monitor these changes to assess the company's financial risk and leverage position over time.
Peer comparison
Jan 31, 2025