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Hormel Foods Debt-to-Equity

: 0.04 (As of Jul. 2019)
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Hormel Foods's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2019 was $0 Mil. Hormel Foods's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2019 was $250 Mil. Hormel Foods's Total Stockholders Equity for the quarter that ended in Jul. 2019 was $5,887 Mil. Hormel Foods's debt to equity for the quarter that ended in Jul. 2019 was 0.04.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

NYSE:HRL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Max: 0.56
Current: 0.04

0.01
0.56

During the past 13 years, the highest Debt-to-Equity Ratio of Hormel Foods was 0.56. The lowest was 0.01. And the median was 0.15.

NYSE:HRL's Debt-to-Equity is ranked higher than
88% of the 1304 Companies
in the Consumer Packaged Goods industry.

( Industry Median: 0.43 vs. NYSE:HRL: 0.04 )

Hormel Foods Debt-to-Equity Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Hormel Foods Annual Data
Oct09 Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18
Debt-to-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.07 0.11 0.06 0.05 0.11

Hormel Foods Quarterly Data
Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19
Debt-to-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.13 0.11 0.11 0.04 0.04

Competitive Comparison
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.


Hormel Foods Debt-to-Equity Distribution

* The bar in red indicates where Hormel Foods's Debt-to-Equity falls into.



Hormel Foods Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hormel Foods's Debt to Equity Ratio for the fiscal year that ended in Oct. 2018 is calculated as

Hormel Foods's Debt to Equity Ratio for the quarter that ended in Jul. 2019 is calculated as

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Hormel Foods  (NYSE:HRL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Hormel Foods Debt-to-Equity Related Terms


Hormel Foods Debt-to-Equity Headlines

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