SJM Interest Expense from 2010 to 2024

SJM Stock  USD 117.79  0.21  0.18%   
JM Smucker Interest Expense yearly trend continues to be very stable with very little volatility. Interest Expense is likely to grow to about 277.5 M this year. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
1989-07-31
Previous Quarter
100.4 M
Current Value
299.5 M
Quarterly Volatility
34.5 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check JM Smucker financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among JM Smucker's main balance sheet or income statement drivers, such as Depreciation And Amortization of 452.3 M, Total Revenue of 8.6 B or Gross Profit of 3.3 B, as well as many indicators such as Price To Sales Ratio of 1.09, Dividend Yield of 0.0341 or PTB Ratio of 2.2. SJM financial statements analysis is a perfect complement when working with JM Smucker Valuation or Volatility modules.
  
Check out the analysis of JM Smucker Correlation against competitors.
To learn how to invest in SJM Stock, please use our How to Invest in JM Smucker guide.

Latest JM Smucker's Interest Expense Growth Pattern

Below is the plot of the Interest Expense of JM Smucker over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. JM Smucker's Interest Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in JM Smucker's overall financial position and show how it may be relating to other accounts over time.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

SJM Interest Expense Regression Statistics

Arithmetic Mean151,493,867
Geometric Mean108,729,833
Coefficient Of Variation48.70
Mean Deviation56,303,511
Median163,100,000
Standard Deviation73,775,209
Sample Variance5442.8T
Range276.3M
R-Value0.87
Mean Square Error1413.3T
R-Squared0.76
Significance0.000024
Slope14,370,871
Total Sum of Squares76198.9T

SJM Interest Expense History

2024277.5 M
2023264.3 M
2022152 M
2021160.9 M
2020177.1 M
2019189.2 M
2018207.9 M

About JM Smucker Financial Statements

JM Smucker investors utilize fundamental indicators, such as Interest Expense, to predict how SJM Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Interest Expense264.3 M277.5 M

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When determining whether JM Smucker is a strong investment it is important to analyze JM Smucker's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact JM Smucker's future performance. For an informed investment choice regarding SJM Stock, refer to the following important reports:
Check out the analysis of JM Smucker Correlation against competitors.
To learn how to invest in SJM Stock, please use our How to Invest in JM Smucker guide.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of JM Smucker. If investors know SJM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about JM Smucker listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.03)
Earnings Share
4.94
Revenue Per Share
80.881
Quarterly Revenue Growth
0.177
Return On Assets
0.0538
The market value of JM Smucker is measured differently than its book value, which is the value of SJM that is recorded on the company's balance sheet. Investors also form their own opinion of JM Smucker's value that differs from its market value or its book value, called intrinsic value, which is JM Smucker's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because JM Smucker's market value can be influenced by many factors that don't directly affect JM Smucker's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between JM Smucker's value and its price as these two are different measures arrived at by different means. Investors typically determine if JM Smucker is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JM Smucker's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.