Hormel Total Current Liabilities from 2010 to 2024

HRL Stock  USD 35.14  0.40  1.15%   
Hormel Foods Total Current Liabilities yearly trend continues to be quite stable with very little volatility. Total Current Liabilities may rise above about 2.8 B this year. Total Current Liabilities is the total amount of liabilities that Hormel Foods is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. View All Fundamentals
 
Total Current Liabilities  
First Reported
1985-10-31
Previous Quarter
2.3 B
Current Value
2.3 B
Quarterly Volatility
463.8 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hormel Foods financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hormel main balance sheet or income statement drivers, such as Depreciation And Amortization of 305.9 M, Interest Expense of 80.2 M or Total Revenue of 14.6 B, as well as many exotic indicators such as Price To Sales Ratio of 2.14, Dividend Yield of 0.0152 or PTB Ratio of 2.3. Hormel financial statements analysis is a perfect complement when working with Hormel Foods Valuation or Volatility modules.
  
This module can also supplement Hormel Foods' financial leverage analysis and stock options assessment as well as various Hormel Foods Technical models . Check out the analysis of Hormel Foods Correlation against competitors.
For more information on how to buy Hormel Stock please use our How to buy in Hormel Stock guide.

Latest Hormel Foods' Total Current Liabilities Growth Pattern

Below is the plot of the Total Current Liabilities of Hormel Foods over the last few years. Total Current Liabilities is an item on Hormel Foods balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Hormel Foods are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. It is the total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. Hormel Foods' Total Current Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hormel Foods' overall financial position and show how it may be relating to other accounts over time.
Total Current Liabilities10 Years Trend
Slightly volatile
   Total Current Liabilities   
       Timeline  

Hormel Total Current Liabilities Regression Statistics

Arithmetic Mean1,361,823,595
Geometric Mean1,145,829,922
Coefficient Of Variation52.94
Mean Deviation531,164,180
Median1,138,914,000
Standard Deviation720,887,458
Sample Variance519678.7T
Range2.7B
R-Value0.90
Mean Square Error101552T
R-Squared0.82
Slope145,839,036
Total Sum of Squares7275502.2T

Hormel Total Current Liabilities History

20242.8 B
20232.7 B
20222.3 B
20211.5 B
20201.4 B
20191.5 B
20181.1 B

About Hormel Foods Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Hormel Foods income statement, its balance sheet, and the statement of cash flows. Hormel Foods investors use historical funamental indicators, such as Hormel Foods's Total Current Liabilities, to determine how well the company is positioned to perform in the future. Although Hormel Foods investors may use each financial statement separately, they are all related. The changes in Hormel Foods's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Hormel Foods's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Hormel Foods Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Hormel Foods. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Current Liabilities2.7 B2.8 B

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When determining whether Hormel Foods is a strong investment it is important to analyze Hormel Foods' 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 Hormel Foods' future performance. For an informed investment choice regarding Hormel Stock, refer to the following important reports:
Check out the analysis of Hormel Foods Correlation against competitors.
For more information on how to buy Hormel Stock please use our How to buy in Hormel Stock guide.
You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.

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When running Hormel Foods' price analysis, check to measure Hormel Foods' 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 Hormel Foods is operating at the current time. Most of Hormel Foods' value examination focuses on studying past and present price action to predict the probability of Hormel Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hormel Foods' price. Additionally, you may evaluate how the addition of Hormel Foods to your portfolios can decrease your overall portfolio volatility.
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Is Hormel Foods' 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 Hormel Foods. If investors know Hormel 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 Hormel Foods 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
0.004
Dividend Share
1.108
Earnings Share
1.45
Revenue Per Share
22.203
Quarterly Revenue Growth
0.009
The market value of Hormel Foods is measured differently than its book value, which is the value of Hormel that is recorded on the company's balance sheet. Investors also form their own opinion of Hormel Foods' value that differs from its market value or its book value, called intrinsic value, which is Hormel Foods' 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 Hormel Foods' market value can be influenced by many factors that don't directly affect Hormel Foods' 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 Hormel Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hormel Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hormel Foods' 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.