Hormel Total Assets from 2010 to 2024
HRL Stock | USD 34.89 0.04 0.11% |
Total Assets | First Reported 1985-10-31 | Previous Quarter 13.4 B | Current Value 13.5 B | Quarterly Volatility 3.5 B |
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 Short Term Coverage Ratios of 96.56, Price Earnings Ratio of 13.03 or Price To Sales Ratio of 2.14. Hormel financial statements analysis is a perfect complement when working with Hormel Foods Valuation or Volatility modules.
Hormel | Total Assets |
Latest Hormel Foods' Total Assets Growth Pattern
Below is the plot of the Total Assets of Hormel Foods over the last few years. Total assets refers to the total amount of Hormel Foods assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Hormel Foods books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Hormel Foods' Total Assets 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.
View | Last Reported 13.45 B | 10 Years Trend |
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Total Assets |
Timeline |
Hormel Total Assets Regression Statistics
Arithmetic Mean | 8,820,962,733 | |
Geometric Mean | 7,183,711,447 | |
Coefficient Of Variation | 51.38 | |
Mean Deviation | 3,754,026,346 | |
Median | 8,109,004,000 | |
Standard Deviation | 4,531,808,800 | |
Sample Variance | 20537291T | |
Range | 15.7B | |
R-Value | 0.98 | |
Mean Square Error | 1013847.6T | |
R-Squared | 0.95 | |
Slope | 989,844,965 | |
Total Sum of Squares | 287522074T |
Hormel Total Assets History
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 Assets, 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 Reported | Projected for 2024 | ||
Total Assets | 15.5 B | 16.2 B |
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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.