SJM Balance Sheet Analysis

SJM Stock  USD 117.46  2.70  2.35%   
Most accounts from JM Smucker's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into JM Smucker current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out JM Smucker Valuation and JM Smucker Correlation analysis.
To learn how to invest in SJM Stock, please use our How to Invest in JM Smucker guide.
  
At this time, JM Smucker's Net Debt is very stable compared to the past year. As of the 23rd of April 2024, Retained Earnings is likely to grow to about 2.6 B, while Other Current Assets are likely to drop about 67.7 M.
Most accounts from JM Smucker's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into JM Smucker current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out JM Smucker Valuation and JM Smucker Correlation analysis.
To learn how to invest in SJM Stock, please use our How to Invest in JM Smucker guide.At this time, JM Smucker's Net Debt is very stable compared to the past year. As of the 23rd of April 2024, Retained Earnings is likely to grow to about 2.6 B, while Other Current Assets are likely to drop about 67.7 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total4.5B4.3B5.0B5.2B
Total Assets16.1B15.0B17.2B18.1B

JM Smucker balance sheet Correlations

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0.960.750.690.880.780.990.650.250.970.670.220.760.560.970.650.530.90.980.560.390.970.47-0.520.970.68
0.880.750.890.90.970.670.870.720.830.920.680.980.440.70.750.210.830.830.870.170.690.9-0.520.840.5
0.780.690.890.80.850.630.840.560.750.760.520.850.360.560.570.110.70.740.680.530.640.8-0.370.770.39
0.970.880.90.80.940.830.860.50.960.860.430.910.670.850.840.420.970.920.760.270.880.69-0.720.960.75
0.910.780.970.850.940.70.860.730.850.910.690.990.470.750.820.290.880.850.910.120.710.89-0.560.860.56
0.920.990.670.630.830.70.590.120.960.580.090.670.560.960.60.560.860.960.440.440.980.36-0.50.950.69
0.780.650.870.840.860.860.590.530.760.830.450.820.410.550.580.180.70.690.650.260.640.78-0.430.770.44
0.440.250.720.560.50.730.120.530.320.730.980.760.060.260.52-0.170.440.370.89-0.290.120.87-0.220.350.1
0.990.970.830.750.960.850.960.760.320.760.270.830.640.950.750.510.960.980.630.380.970.56-0.631.00.74
0.820.670.920.760.860.910.580.830.730.760.650.920.460.660.770.290.790.760.850.030.630.84-0.540.770.52
0.390.220.680.520.430.690.090.450.980.270.650.72-0.020.230.47-0.190.390.340.87-0.330.070.86-0.130.30.02
0.890.760.980.850.910.990.670.820.760.830.920.720.470.730.810.240.870.840.930.120.690.89-0.570.840.55
0.630.560.440.360.670.470.560.410.060.640.46-0.020.470.580.660.440.720.570.340.310.660.14-0.870.630.97
0.940.970.70.560.850.750.960.550.260.950.660.230.730.580.710.60.910.970.580.210.950.43-0.570.940.71
0.80.650.750.570.840.820.60.580.520.750.770.470.810.660.710.550.880.740.830.040.660.59-0.840.740.76
0.480.530.210.110.420.290.560.18-0.170.510.29-0.190.240.440.60.550.480.520.210.050.570.04-0.450.470.57
0.970.90.830.70.970.880.860.70.440.960.790.390.870.720.910.880.480.940.750.250.910.58-0.780.950.82
0.980.980.830.740.920.850.960.690.370.980.760.340.840.570.970.740.520.940.670.330.950.58-0.570.980.69
0.720.560.870.680.760.910.440.650.890.630.850.870.930.340.580.830.210.750.67-0.150.460.89-0.510.640.43
0.310.390.170.530.270.120.440.26-0.290.380.03-0.330.120.310.210.040.050.250.33-0.150.45-0.08-0.180.370.28
0.940.970.690.640.880.710.980.640.120.970.630.070.690.660.950.660.570.910.950.460.450.36-0.620.960.77
0.640.470.90.80.690.890.360.780.870.560.840.860.890.140.430.590.040.580.580.89-0.080.36-0.240.580.18
-0.65-0.52-0.52-0.37-0.72-0.56-0.5-0.43-0.22-0.63-0.54-0.13-0.57-0.87-0.57-0.84-0.45-0.78-0.57-0.51-0.18-0.62-0.24-0.62-0.89
0.990.970.840.770.960.860.950.770.351.00.770.30.840.630.940.740.470.950.980.640.370.960.58-0.620.73
0.730.680.50.390.750.560.690.440.10.740.520.020.550.970.710.760.570.820.690.430.280.770.18-0.890.73
Click cells to compare fundamentals

JM Smucker Account Relationship Matchups

JM Smucker balance sheet Accounts

201920202021202220232024 (projected)
Total Assets17.0B16.3B16.1B15.0B17.2B18.1B
Other Current Liab557.1M598.5M579.5M594.1M683.2M717.4M
Net Debt5.2B4.4B4.3B3.7B4.2B4.4B
Retained Earnings2.7B2.8B2.9B2.1B2.5B2.6B
Cash391.1M334.3M169.9M655.8M754.2M791.9M
Net Receivables551.4M533.7M524.7M597.6M687.2M721.6M
Inventory895.3M959.9M1.1B1.0B1.2B1.2B
Other Current Assets134.9M113.8M226.2M107.7M123.9M67.7M
Total Liab8.8B8.2B7.9B7.7B8.9B9.3B
Total Current Assets2.0B1.9B2.0B2.9B3.3B3.5B
Short Term Debt248M1.2B180M33.2M38.2M36.3M
Intangible Assets6.4B6.0B5.7B4.4B5.1B5.3B
Accounts Payable782M1.0B1.2B1.4B1.6B1.7B
Good Will6.3B6.0B6.0B5.2B6.0B6.3B
Other Liab1.7B1.8B1.7B1.3B1.5B903.2M
Other Assets107.8M276.2M245.2M120M138M111.8M
Long Term Debt5.4B3.5B4.3B4.3B5.0B5.2B
Net Tangible Assets8.2B8.1B(3.5B)7.3B8.4B5.5B
Long Term Debt Total5.4B3.5B4.3B4.3B5.0B4.2B
Capital Surpluse5.8B5.5B5.5B5.4B6.2B5.8B

JM Smucker Investors Sentiment

The influence of JM Smucker's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in SJM. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to JM Smucker's public news can be used to forecast risks associated with an investment in SJM. The trend in average sentiment can be used to explain how an investor holding SJM can time the market purely based on public headlines and social activities around JM Smucker. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
JM Smucker's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for JM Smucker's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average JM Smucker's news discussions. The higher the estimated score, the more favorable is the investor's outlook on JM Smucker.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards JM Smucker in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, JM Smucker's short interest history, or implied volatility extrapolated from JM Smucker options trading.

Currently Active Assets on Macroaxis

When determining whether JM Smucker is a strong investment it is important to analyze JM Smucker's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact JM Smucker's future performance. For an informed investment choice regarding SJM Stock, refer to the following important reports:
Check out JM Smucker Valuation and JM Smucker Correlation analysis.
To learn how to invest in SJM Stock, please use our How to Invest in JM Smucker guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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When running JM Smucker's price analysis, check to measure JM Smucker's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy JM Smucker is operating at the current time. Most of JM Smucker's value examination focuses on studying past and present price action to predict the probability of JM Smucker's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JM Smucker's price. Additionally, you may evaluate how the addition of JM Smucker to your portfolios can decrease your overall portfolio volatility.
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Is JM Smucker's industry 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 JM Smucker. If investors know SJM 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 JM Smucker 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
(0.42)
Dividend Share
4.2
Earnings Share
(0.82)
Revenue Per Share
78.902
Quarterly Revenue Growth
0.006
The market value of JM Smucker is measured differently than its book value, which is the value of SJM that is recorded on the company's balance sheet. Investors also form their own opinion of JM Smucker's value that differs from its market value or its book value, called intrinsic value, which is JM Smucker's 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 JM Smucker's market value can be influenced by many factors that don't directly affect JM Smucker's 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 JM Smucker's value and its price as these two are different measures arrived at by different means. Investors typically determine if JM Smucker is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JM Smucker's 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.