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Campbell Soup Co (Campbell Soup Co) Liabilities-to-Assets : 0.68 (As of Jan. 2024)


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What is Campbell Soup Co Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Campbell Soup Co's Total Liabilities for the quarter that ended in Jan. 2024 was $8,255 Mil. Campbell Soup Co's Total Assets for the quarter that ended in Jan. 2024 was $12,106 Mil. Therefore, Campbell Soup Co's Liabilities-to-Assets Ratio for the quarter that ended in Jan. 2024 was 0.68.


Campbell Soup Co Liabilities-to-Assets Historical Data

The historical data trend for Campbell Soup Co's Liabilities-to-Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Campbell Soup Co Liabilities-to-Assets Chart

Campbell Soup Co Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.79 0.73 0.72 0.70

Campbell Soup Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.70 0.70 0.70 0.69 0.68

Competitive Comparison of Campbell Soup Co's Liabilities-to-Assets

For the Packaged Foods subindustry, Campbell Soup Co's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Campbell Soup Co's Liabilities-to-Assets Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Campbell Soup Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Campbell Soup Co's Liabilities-to-Assets falls into.



Campbell Soup Co Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Campbell Soup Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Jul. 2023 is calculated as:

Liabilities-to-Assets (A: Jul. 2023 )=Total Liabilities/Total Assets
=8395/12058
=0.70

Campbell Soup Co's Liabilities-to-Assets Ratio for the quarter that ended in Jan. 2024 is calculated as

Liabilities-to-Assets (Q: Jan. 2024 )=Total Liabilities/Total Assets
=8255/12106
=0.68

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Campbell Soup Co  (NYSE:CPB) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Campbell Soup Co Liabilities-to-Assets Related Terms

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Campbell Soup Co (Campbell Soup Co) Business Description

Address
1 Campbell Place, Camden, NJ, USA, 08103-1799
With a history that dates back around 150 years, Campbell Soup is now a leading manufacturer and marketer of branded convenience food products, most notably soup. The firm's product assortment includes well-known brands like Campbell's, Pace, Prego, Swanson, V8, and Pepperidge Farm. Following the sale of its international snacking operations in calendar 2019, the firm derives nearly all of its sales from the United States. Campbell has made a handful of acquisitions to reshape its product mix in the past several years, including the tie-up with Snyder's-Lance in March 2018, which enhanced its exposure to the faster-growing on-trend snack food aisle, complementing its Pepperidge Farm lineup.
Executives
Anthony Sanzio officer: Executive Vice President 1 CAMPBELL PLACE, CAMDEN NJ 08103
Stanley Polomski officer: Vice President and Controller ONE CAMPBELL PLACE, CAMDEN NJ 08103
Carrie L Anderson officer: Executive Vice President & CFO 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Adam Grey Ciongoli officer: Senior Vice President ONE CAMPBELL PLACE, CAMDEN NJ 08103
Bennett Jr Dorrance director 1, CAMPBELL PLACE, CAMDEN NJ 08103
Craig Slavtcheff officer: Senior Vice President 1 CAMPBELL PLACE, CAMDEN NJ 08103
Daniel L Poland officer: EVP, Chief Supply Chain Off. 399 JEFFERSON ROAD, PARSIPPANY NJ 07054
May Diane Johnson officer: Executive VP & CHRO C/O KRAFT FOODS GROUP, INC., THREE LAKES DRIVE, NORTHFIELD IL 60093
Grant Hill director 121 ORANGE AVE, SUITE 1500, ORLANDO FL 32801
Valerie Oswalt officer: Executive Vice President 1 CAMPBELL PLACE, ATTN: LEGAL DEPARTMENT, CAMDEN NJ 08103
Mick J Beekhuizen officer: Senior Vice President & CFO C/O GOLDMAN, SACHS & CO., 85 BROAD STREET, NEW YORK NY 10004
Robert Furbee officer: Senior Vice President ONE CAMPBELL PLACE, CAMDEN NJ 08103
Randall W Larrimore director OLIN CORPORATION, 190 CARONDELET PLAZA, SUITE 1530, CLAYTON MO 63105
Christopher Foley officer: Senior Vice President CAMPBELL SOUP COMPANY, ONE CAMPBELL PLACE, CAMDEN NJ 08103
John P Bilbrey director