Campbell Soup Balance Sheet Health
Financial Health criteria checks 4/6
Campbell Soup has a total shareholder equity of $3.9B and total debt of $4.5B, which brings its debt-to-equity ratio to 116.5%. Its total assets and total liabilities are $12.1B and $8.3B respectively. Campbell Soup's EBIT is $1.4B making its interest coverage ratio 7.3. It has cash and short-term investments of $169.0M.
Key information
116.5%
Debt to equity ratio
US$4.49b
Debt
Interest coverage ratio | 7.3x |
Cash | US$169.00m |
Equity | US$3.85b |
Total liabilities | US$8.26b |
Total assets | US$12.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CSC's short term assets ($2.1B) exceed its short term liabilities ($2.1B).
Long Term Liabilities: CSC's short term assets ($2.1B) do not cover its long term liabilities ($6.2B).
Debt to Equity History and Analysis
Debt Level: CSC's net debt to equity ratio (112.1%) is considered high.
Reducing Debt: CSC's debt to equity ratio has reduced from 738.6% to 116.5% over the past 5 years.
Debt Coverage: CSC's debt is well covered by operating cash flow (24.4%).
Interest Coverage: CSC's interest payments on its debt are well covered by EBIT (7.3x coverage).