Hormel Foods (FRA:HO7) Total Liabilities : €5,200 Mil (As of Jan. 2024)

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What is Hormel Foods Total Liabilities?

Hormel Foods's Total Liabilities for the quarter that ended in Jan. 2024 was €5,200 Mil.

Hormel Foods's quarterly Total Liabilities increased from Jul. 2023 (€5,160.84 Mil) to Oct. 2023 (€5,407.17 Mil) but then declined from Oct. 2023 (€5,407.17 Mil) to Jan. 2024 (€5,199.94 Mil).

Hormel Foods's annual Total Liabilities increased from Oct. 2021 (€4,928.89 Mil) to Oct. 2022 (€5,853.20 Mil) but then declined from Oct. 2022 (€5,853.20 Mil) to Oct. 2023 (€5,407.17 Mil).

Hormel Foods Total Liabilities Historical Data

The historical data trend for Hormel Foods's Total Liabilities can be seen below:

* 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.

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Hormel Foods Total Liabilities Chart

Hormel Foods Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Total Liabilities

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1,973.86

2,956.26

4,928.89

5,853.20

5,407.17

Hormel Foods Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Liabilities	Get a 7-Day Free Trial															5,256.24	5,129.21	5,160.84	5,407.17	5,199.94

Hormel Foods Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Hormel Foods's Total Liabilities for the fiscal year that ended in Oct. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	2189.252	+	(2233.707	+	181.746
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	471.706	+	330.757)
	=	5,407

Total Liabilities	=	Total Assets (A: Oct. 2023 )	-	Total Equity (A: Oct. 2023 )
	=	12735.987	-	7328.819
	=	5,407

Hormel Foods's Total Liabilities for the quarter that ended in Jan. 2024 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	2075.395	+	(2163.888	+	177.332
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	459.533	+	323.787)
	=	5,200

Total Liabilities	=	Total Assets (Q: Jan. 2024 )	-	Total Equity (Q: Jan. 2024 )
	=	12404.918	-	7204.984
	=	5,200

Hormel Foods Total Liabilities Related Terms

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Hormel Foods (FRA:HO7) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hormel Foods Corp (FRA:HO7) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

HRL:USA HRL:Mexico H1RL34:Brazil HRL:Austria

Address

1 Hormel Place, Austin, MN, USA, 55912-3680

Website

https://www.hormelfoods.com

Historically meat-focused, Hormel Foods broadened its lineup to include other protein offerings and become a branded food company. The firm sells its wares through multiple channels, including U.S. retail (64% of fiscal 2023 sales), U.S. food service (30%), and international (6%). By product, 53% of fiscal 2022 sales were from perishable food, 27% from shelf-stable, 17% from poultry, and 3% from other products. Major brands include Hormel, Spam, Jennie-O, Columbus, Applegate, Planters, and Skippy. Many of these hold the number one or two market share in their respective categories.

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