Hormel Historical Balance Sheet

HRL Stock  USD 30.43  0.25  0.83%   
Trend analysis of Hormel Foods balance sheet accounts such as Other Current Liabilities of 765.5 M or Total Current Liabilities of 1.7 B provides information on Hormel Foods' total assets, liabilities, and equity, which is the actual value of Hormel Foods to its prevalent stockholders. By breaking down trends over time using Hormel Foods balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Hormel Foods latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Hormel Foods is a good buy for the upcoming year.

Hormel Foods Inventory

1.9 Billion

  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hormel Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Hormel Stock please use our How to buy in Hormel Stock guide.

About Hormel Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Hormel Foods at a specified time, usually calculated after every quarter, six months, or one year. Hormel Foods Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hormel Foods and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Hormel currently owns. An asset can also be divided into two categories, current and non-current.

Hormel Foods Balance Sheet Chart

At this time, Hormel Foods' Property Plant And Equipment Net is quite stable compared to the past year. Net Debt is expected to rise to about 2.6 B this year, although the value of Short Term Debt will most likely fall to about 8.5 M.

Total Assets

Total assets refers to the total amount of Hormel Foods assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Hormel Foods books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Hormel Foods balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Hormel Foods are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most accounts from Hormel Foods' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Hormel Foods current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hormel Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Hormel Stock please use our How to buy in Hormel Stock guide.At this time, Hormel Foods' Property Plant And Equipment Net is quite stable compared to the past year. Net Debt is expected to rise to about 2.6 B this year, although the value of Short Term Debt will most likely fall to about 8.5 M.
 2022 2023 2024 2025 (projected)
Short and Long Term Debt Total3.3B2.9B3.3B3.5B
Total Assets13.4B13.4B15.4B16.2B

Hormel Foods balance sheet Correlations

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Hormel Foods Account Relationship Matchups

Hormel Foods balance sheet Accounts

202020212022202320242025 (projected)
Total Assets12.7B13.3B13.4B13.4B15.4B16.2B
Short Long Term Debt Total3.3B3.3B3.3B2.9B3.3B3.5B
Other Current Liab590.1M623.3M574.6M634.0M729.1M765.5M
Total Current Liabilities1.4B1.5B2.3B1.4B1.6B1.7B
Total Stockholder Equity7.0B7.5B7.7B8.0B9.2B9.7B
Property Plant And Equipment Net2.1B2.1B2.3B2.2B2.5B2.7B
Net Debt2.7B2.3B2.6B2.1B2.4B2.6B
Retained Earnings6.9B7.3B7.5B7.7B8.8B9.3B
Cash613.5M982.1M736.5M741.9M853.2M895.8M
Non Current Assets Total9.7B9.7B10.2B10.2B11.7B12.3B
Non Currrent Assets Other299.9M53.5M443.0M617.9M710.5M746.1M
Cash And Short Term Investments634.7M998.3M753.2M766.6M881.6M925.7M
Net Receivables904.0M874.8M824.6M817.9M940.6M987.6M
Common Stock Shares Outstanding547.6M549.6M549.0M548.8M493.9M457.2M
Liabilities And Stockholders Equity12.7B13.3B13.4B13.4B15.4B16.2B
Non Current Liabilities Total4.3B4.3B3.4B4.0B4.6B4.9B
Inventory1.4B1.7B1.7B1.6B1.8B1.9B
Other Current Assets39.9M55.2M39.0M85.6M98.5M103.4M
Other Stockholder Equity360.3M469.5M506.2M571.2M656.9M689.7M
Total Liab5.7B5.8B5.7B5.4B6.2B6.6B
Total Current Assets2.9B3.6B3.3B3.2B3.7B3.9B
Short Term Debt8.8M405K950.5M7.8M9.0M8.5M
Intangible Assets1.8B1.8B1.8B1.7B2.0B2.1B
Accounts Payable793.3M816.6M771.4M735.6M845.9M888.2M
Good Will4.9B4.9B4.9B4.9B5.7B5.9B
Common Stock Total Equity7.8M7.9M7.9M8.0M7.2M6.5M
Short Term Investments21.2M16.1M16.7M24.7M22.3M19.8M
Property Plant And Equipment Gross4.1B4.3B4.5B4.7B5.4B5.7B
Accumulated Other Comprehensive Income(277.3M)(255.6M)(272.3M)(263.3M)(237.0M)(248.8M)
Common Stock7.9M8.0M8.0M8.0M7.2M6.5M
Other Liab885.9M987.2M1.0B930.1M1.1B637.8M
Current Deferred Revenue176.6M218.8M475.2M589.9M678.3M712.2M
Other Assets4.8M5.5M4.9M443.0M509.5M262.9M
Long Term Debt3.3B3.3B2.4B2.9B3.3B3.4B
Property Plant Equipment432.0M388.6M2.1B2.3B2.6B2.8B
Net Tangible Assets2.7B221.5M811.4M1.0B944.3M1.3B
Noncontrolling Interest In Consolidated Entity4.1M4.8M5.5M4.9M4.4M3.7M
Retained Earnings Total Equity6.1B6.5B6.9B7.3B8.4B5.3B
Deferred Long Term Liab176.6M218.8M278.2M475.2M546.5M573.8M

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When determining whether Hormel Foods is a strong investment it is important to analyze Hormel Foods' 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 Hormel Foods' future performance. For an informed investment choice regarding Hormel Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hormel Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Hormel Stock please use our How to buy in Hormel Stock guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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 Hormel Foods. If investors know Hormel 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 Hormel Foods 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
0.075
Earnings Share
1.47
Revenue Per Share
21.882
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0516
The market value of Hormel Foods is measured differently than its book value, which is the value of Hormel that is recorded on the company's balance sheet. Investors also form their own opinion of Hormel Foods' value that differs from its market value or its book value, called intrinsic value, which is Hormel Foods' 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 Hormel Foods' market value can be influenced by many factors that don't directly affect Hormel Foods' 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 Hormel Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hormel Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hormel Foods' 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.