Campbell Soup Balance Sheet Health
Financial Health criteria checks 3/6
Campbell Soup has a total shareholder equity of $3.8B and total debt of $4.7B, which brings its debt-to-equity ratio to 124.5%. Its total assets and total liabilities are $12.3B and $8.5B respectively. Campbell Soup's EBIT is $1.4B making its interest coverage ratio 7.4. It has cash and short-term investments of $91.0M.
Key information
124.5%
Debt to equity ratio
US$4.68b
Debt
Interest coverage ratio | 7.4x |
Cash | US$91.00m |
Equity | US$3.76b |
Total liabilities | US$8.50b |
Total assets | US$12.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CSC's short term assets ($2.2B) do not cover its short term liabilities ($2.3B).
Long Term Liabilities: CSC's short term assets ($2.2B) do not cover its long term liabilities ($6.2B).
Debt to Equity History and Analysis
Debt Level: CSC's net debt to equity ratio (122.1%) is considered high.
Reducing Debt: CSC's debt to equity ratio has reduced from 695% to 124.5% over the past 5 years.
Debt Coverage: CSC's debt is well covered by operating cash flow (23.3%).
Interest Coverage: CSC's interest payments on its debt are well covered by EBIT (7.4x coverage).