Hormel Foods
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Hormel Foods's balance sheet done over the years? Its assets were worth $13,434,729,000 last year, which is less than in the previous period. 40% of Hormel Foods’s total assets is currently financed by debt. Its liabilities reached the amount of $5,430,719,000, which means an decrease by -5% compared compared to last year.
Debt to Assets
| 2015 | 6139831000 | 2.13B | 34.83% |
|---|---|---|---|
| 2016 | 6370067000 | 1.91B | 30.12% |
| 2017 | 6975908000 | 2.03B | 29.19% |
| 2018 | 8142292000 | 2.53B | 31.16% |
| 2019 | 8109004000 | 2.18B | 26.93% |
| 2020 | 9913060000 | 3.47B | 35.08% |
| 2021 | 12701807000 | 5.71B | 45.02% |
| 2022 | 13311855000 | 5.76B | 43.32% |
| 2023 | 13448772000 | 5.70B | 42.46% |
| 2024 | 13434729000 | 5.43B | 40.42% |
0J5Z.L Balance Sheet (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 741.88M | 736.53M | 982.10M | 613.53M | 1.71B | 672.90M | 459.13M | 444.12M | 415.14M | 347.23M |
Short term investments | 24.74M | 16.66M | 16.14M | 21.16M | 17.33M | 14.73M | 0 | 0 | 0 | 0 |
Net receivables | 817.90M | 824.63M | 874.77M | 904.01M | 743.86M | 594.32M | 604.43M | 640.69M | 609.59M | 611.82M |
Inventory | 1.57B | 1.68B | 1.71B | 1.36B | 1.07B | 1.04B | 963.52M | 921.02M | 985.68M | 993.26M |
Other current assets | 85.64M | 39.01M | -1K | 14.94M | 12.43M | 14.45M | 6.66M | 20.68M | 5.71M | 110.70M |
Total current assets | 3.24B | 3.29B | 3.63B | 2.94B | 3.57B | 2.36B | 2.05B | 2.02B | 2.02B | 2.06B |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 2.19B | 2.29B | 2.14B | 2.10B | 1.89B | 1.62B | 1.51B | 1.20B | 1.10B | 1.01B |
Goodwill | 4.92B | 4.92B | 4.92B | 4.92B | 2.61B | 2.48B | 2.71B | 2.11B | 1.83B | 1.69B |
Intangible assets | 1.73B | 1.75B | 1.80B | 1.82B | 1.07B | 1.03B | 1.20B | 3.14B | 2.73B | 2.52B |
Long term investments | 719.48M | 725.12M | 271.05M | 299.01M | 308.37M | 289.15M | 273.15M | 242.36M | 239.59M | 258.99M |
Other non-current assets | 617.85M | 443.02M | 53.52M | 299.90M | 250.38M | 177.90M | 188.01M | 599.30M | 251.13M | 538.35M |
Total non-current assets | 10.18B | 10.15B | 9.66B | 9.74B | 6.32B | 5.74B | 6.09B | 4.94B | 4.34B | 4.07B |
Total assets | 13.43B | 13.44B | 13.31B | 12.70B | 9.91B | 8.10B | 8.14B | 6.97B | 6.37B | 6.13B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | 475.21M | 0 | 0 | 0 | 0 | 0 | -1.53B | -495.31M |
Short term debt | 7.81M | 950.52M | 8.79M | 8.75M | 258.69M | 0 | 0 | 0 | 1.05B | 185M |
Total current liabilities | 1.39B | 2.31B | 1.47B | 1.41B | 1.50B | 1.10B | 1.13B | 1.05B | 1.05B | 1.21B |
| Non-current liabilities: | ||||||||||
Long term debt | 2.85B | 2.46B | 3.29B | 3.31B | 1.04B | 250M | 624.84M | 250M | 250M | 250M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 591.11M | 431.94M | 527.67M | 162.62M | 157.39M | 115.35M | 779.73M | 629.58M | 248.21M | 610.31M |
Total non-current liabilities | 4.03B | 3.39B | 4.29B | 4.30B | 1.97B | 1.07B | 1.39B | 977.99M | 865.46M | 924.41M |
Total liabilities | 5.43B | 5.70B | 5.76B | 5.71B | 3.47B | 2.18B | 2.53B | 2.03B | 1.91B | 2.13B |
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