Hormel Capital Stock vs Short Term Debt Analysis
HRL Stock | USD 30.67 0.17 0.56% |
Hormel Foods financial indicator trend analysis is much more than just examining Hormel Foods latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hormel Foods is a good investment. Please check the relationship between Hormel Foods Capital Stock and its Short Term Debt accounts. 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.
Capital Stock vs Short Term Debt
Capital Stock vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hormel Foods Capital Stock account and Short Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Hormel Foods' Capital Stock and Short Term Debt is 0.66. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Hormel Foods, assuming nothing else is changed. The correlation between historical values of Hormel Foods' Capital Stock and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Hormel Foods are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Capital Stock i.e., Hormel Foods' Capital Stock and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Short Term Debt
Most indicators from Hormel Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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' Tax Provision is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 19.49 this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.05.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 62.5M | 73.4M | 84.4M | 80.2M | Depreciation And Amortization | 262.8M | 253.3M | 291.3M | 305.9M |
Hormel Foods fundamental ratios Correlations
Click cells to compare fundamentals
Hormel Foods Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hormel Foods fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 9.9B | 12.7B | 13.3B | 13.4B | 15.5B | 16.2B | |
Short Long Term Debt Total | 1.3B | 3.3B | 3.3B | 3.3B | 3.8B | 4.0B | |
Other Current Liab | 578.2M | 590.1M | 623.3M | 583.2M | 670.7M | 353.2M | |
Total Current Liabilities | 1.5B | 1.4B | 1.5B | 2.3B | 2.7B | 2.8B | |
Total Stockholder Equity | 6.4B | 7.0B | 7.5B | 7.7B | 8.9B | 9.3B | |
Property Plant And Equipment Net | 1.9B | 2.1B | 2.1B | 2.3B | 2.6B | 2.8B | |
Net Debt | (410.7M) | 2.7B | 2.3B | 2.6B | 3.0B | 3.1B | |
Retained Earnings | 6.5B | 6.9B | 7.3B | 7.5B | 8.6B | 9.0B | |
Cash | 1.7B | 613.5M | 982.1M | 736.5M | 847.0M | 889.4M | |
Non Current Assets Total | 6.3B | 9.7B | 9.7B | 10.2B | 11.7B | 12.3B | |
Non Currrent Assets Other | 250.4M | 299.9M | 53.5M | 443.0M | 509.5M | 535.0M | |
Cash And Short Term Investments | 1.7B | 634.7M | 998.3M | 753.2M | 866.2M | 909.5M | |
Net Receivables | 743.9M | 904.0M | 874.8M | 824.6M | 948.3M | 995.7M | |
Common Stock Shares Outstanding | 546.6M | 547.6M | 549.6M | 549.0M | 494.1M | 457.6M | |
Liabilities And Stockholders Equity | 9.9B | 12.7B | 13.3B | 13.4B | 15.5B | 16.2B | |
Non Current Liabilities Total | 2.0B | 4.3B | 4.3B | 3.4B | 3.9B | 4.1B | |
Inventory | 1.1B | 1.4B | 1.7B | 1.7B | 1.9B | 2.0B | |
Other Current Assets | 30.8M | 39.9M | 55.2M | 39.0M | 44.9M | 27.2M | |
Other Stockholder Equity | 289.6M | 360.3M | 469.5M | 506.2M | 582.1M | 611.2M | |
Total Liab | 3.5B | 5.7B | 5.8B | 5.7B | 6.6B | 6.9B | |
Total Current Assets | 3.6B | 2.9B | 3.6B | 3.3B | 3.8B | 4.0B | |
Short Term Debt | 258.7M | 8.8M | 405K | 941.9M | 1.1B | 1.1B | |
Intangible Assets | 1.1B | 1.8B | 1.8B | 1.8B | 2.0B | 2.1B | |
Accounts Payable | 644.6M | 793.3M | 816.6M | 771.4M | 887.1M | 931.5M | |
Good Will | 2.6B | 4.9B | 4.9B | 4.9B | 5.7B | 6.0B | |
Common Stock Total Equity | 7.8M | 7.9M | 7.9M | 8.0M | 7.2M | 6.5M | |
Short Term Investments | 17.3M | 21.2M | 16.1M | 16.7M | 15.0M | 19.8M | |
Property Plant And Equipment Gross | 1.9B | 4.1B | 4.3B | 4.5B | 5.2B | 5.4B | |
Accumulated Other Comprehensive Income | (395.3M) | (277.3M) | (255.6M) | (272.3M) | (245.0M) | (257.3M) | |
Common Stock | 7.9M | 7.9M | 8.0M | 8.0M | 7.2M | 6.5M | |
Other Liab | 885.9M | 987.2M | 1.0B | 930.1M | 1.1B | 637.8M | |
Current Deferred Revenue | 176.6M | 218.8M | 475.2M | 589.9M | 678.3M | 712.2M | |
Other Assets | 4.8M | 5.5M | 4.9M | 443.0M | 509.5M | 262.9M | |
Long Term Debt | 1.0B | 3.3B | 3.3B | 2.4B | 2.7B | 2.8B | |
Property Plant Equipment | 432.0M | 388.6M | 2.1B | 2.3B | 2.6B | 2.8B | |
Net Tangible Assets | 2.7B | 221.5M | 811.4M | 1.0B | 944.3M | 1.3B | |
Noncontrolling Interest In Consolidated Entity | 4.1M | 4.8M | 5.5M | 4.9M | 4.4M | 3.7M | |
Retained Earnings Total Equity | 6.1B | 6.5B | 6.9B | 7.3B | 8.4B | 5.3B | |
Deferred Long Term Liab | 176.6M | 218.8M | 278.2M | 475.2M | 546.5M | 573.8M |
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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 | Dividend Share 1.123 | Earnings Share 1.43 | Revenue Per Share 21.882 | Quarterly Revenue Growth (0.02) |
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.