Campbell Soup Company

NYSE CPB

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Campbell Soup Company Current Ratio 2 year CAGR for the quarter ending January 31, 2024: 8.66%

Campbell Soup Company Current Ratio 2 year CAGR is 8.66% for the quarter ending January 31, 2024, a 214.45% change year over year. The current ratio assesses a company's short-term liquidity and its ability to cover its current liabilities with its current assets. It is calculated by dividing current assets by current liabilities. This ratio indicates the number of times a company's current assets can cover its current liabilities. A higher current ratio suggests better liquidity and a stronger ability to meet short-term obligations. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Campbell Soup Company Current Ratio for the quarter ending January 31, 2023 was 0.77, a -9.32% change year over year.
  • Campbell Soup Company Current Ratio for the quarter ending January 31, 2022 was 0.85, a -5.78% change year over year.
  • Campbell Soup Company Current Ratio for the quarter ending January 31, 2021 was 0.91, a 47.50% change year over year.
  • Campbell Soup Company Current Ratio for the quarter ending January 31, 2020 was 0.61, a -11.80% change year over year.
NYSE: CPB

Campbell Soup Company

CEO Mr. Mark A. Clouse
IPO Date July 1, 1985
Location United States
Headquarters 1 Campbell Place, Camden, NJ, United States, 08103-1799
Employees 14,500
Sector Consumer Defensive
Industry Packaged foods
Description

Campbell Soup Company, together with its subsidiaries, manufactures and markets food and beverage products in the United States and internationally. The company operates through Meals & Beverages and Snacks segments. The Meals & Beverages segment engages in the retail and foodservice businesses in the United States and Canada. This segment provides Campbell's condensed and ready-to-serve soups; Swanson broth and stocks; Pacific Foods broth, soups, and non-dairy beverages; Prego pasta sauces; Pace Mexican sauces; Campbell's gravies, pasta, beans, and dinner sauces; Swanson canned poultry; V8 juices and beverages; Campbell's tomato juice; and snacking products in foodservice in Canada. The Snacks segment retails Pepperidge Farm cookies, crackers, fresh bakery, and frozen products, that includes Goldfish crackers, Snyder's of Hanover pretzels, Lance sandwich crackers, Cape Cod and Kettle Brand potato chips, Late July snacks, Snack Factory pretzel crisps, Pop Secret popcorn, and other snacking products. This segment is also involved in the retail business in Latin America. It sells its products through retail food chains, mass discounters and merchandisers, club stores, convenience stores, drug stores, and dollar stores, as well as e-commerce and other retail, commercial, and non-commercial establishments, and independent contractor distributors. The company was founded in 1869 and is headquartered in Camden, New Jersey.

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StockViz Staff

September 20, 2024

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