Interest Expense is the amount reported by a company or individual as an expense for borrowed money. JM Smucker Co's interest expense for the
three
months ended in Jan. 2024 was $ -100 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was $-202 Mil.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. JM Smucker Co's Operating Income for the
three
months ended in Jan. 2024 was $ 396 Mil. JM Smucker Co's Interest Expense for the
three
months ended in Jan. 2024 was $ -100 Mil.
JM Smucker Co's Interest Coverage for the quarter that ended in Jan. 2024 was 3.97.
The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
JM Smucker Co Interest Expense Calculation
Interest Expense is the amount reported by a company or individual as an expense for borrowed money.
Interest Expense for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-202 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
JM Smucker Co (NYSE:SJM) Interest Expense Explanation
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
JM Smucker Co's Interest Expense for the
three
months ended in Jan. 2024 was $-100 Mil. Its
Operating Income
for the
three
months ended in Jan. 2024 was $396 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Jan. 2024 was $8,273 Mil.
JM Smucker Co's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
The higher the ratio, the stronger the company's financial strength is.
JM Smucker Co (JM Smucker Co) Business Description
Traded in Other Exchanges
Address
One Strawberry Lane, Orrville, OH, USA, 44667-0280
J.M. Smucker is a packaged food company that primarily sells through the U.S. retail channel (77% of forecast fiscal 2024 revenue), with the remaining share consisting of Hostess, foodservice, and international (primarily Canada). Following the divestiture of several pet foods brands and private-label products that constituted about $1.5 billion of sales, retail coffee is now its largest category (33% of sales) with brands Folgers and Dunkin'. Pet foods (22% of sales) holds leading brands like Milk-Bone and Meow Mix. Of its remaining, approximately 22% comes from consumer foods, primarily peanut butter and jelly, through brands Jif and Smucker's. The company acquired Hostess Brands in fiscal 2024 to boost its snack and convenience store presence.
Executives
| Tucker H Marshall |
officer: Chief Financial Officer |
ONE STRAWBERRY LANE, ORRVILLE OH 44667 |
| Tarang Amin |
director |
C/O SCHIFF NUTRITION INTERNATIONAL, INC., 2002 SOUTH 5070 WEST, SALT LAKE CITY UT 84104 |
| Amy C Held |
officer: Chief Strategy & Int'l Officer |
ONE STRAWBERRY LANE, ORRVILLE OH 44667 |
| Mercedes Abramo |
director |
ONE STRAWBERRY LANE, ORRVILLE OH 44667 |
| Richard K Smucker |
director, officer: President |
C/ WM WRIGLEY JR CO, 410 N MICHIGAN AVE, CHICAGO IL 60611 |
| Mark T Smucker |
officer: Vice President |
|
| Jill R Penrose |
officer: Chief People & Admin Officer |
ONE STRAWBERRY LANE, ORRVILLE OH 44667 |
| John P Brase |
officer: Chief Operating Officer |
ONE STRAWBERRY LANE, ORRVILLE OH 44667 |
| Jeannette L Knudsen |
officer: Chief Legal & Compliance Offic |
ONE STRAWBERRY LANE, ORRVILLE OH 44667 |
| Geoff E Tanner |
officer: Chief Marketing & Commercial |
ONE STRAWBERRY LANE, ORRVILLE OH 44667 |
| Johnson Jonathan E Iii |
director |
6322 S 300 S, STE 100, SALT LAKE CITY UT 84121 |
| Nancy Lopez Knight |
director |
2308 TARA DRIVE, ALBANY GA 31721 |
| Jay L Henderson |
director |
50 SOUTH LASALLE ST, CHICAGO IL 60603 |
| Dawn C Willoughby |
director |
1221 BROADWAY, OAKLAND CA 94612 |
| Sandra Pianalto |
director |
1000 EATON BOULEVARD, CLEVELAND OH 44122 |
JM Smucker Co (JM Smucker Co) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SJM has been successfully added to your 