Hormel Deferred Long Term Liab vs Net Invested Capital Analysis

HRL Stock  USD 35.48  0.16  0.45%   
Hormel Foods financial indicator trend analysis is much more than just examining Hormel Foods latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hormel Foods is a good investment. Please check the relationship between Hormel Foods Deferred Long Term Liab and its Net Invested Capital accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hormel Foods. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Hormel Stock please use our How to buy in Hormel Stock guide.

Deferred Long Term Liab vs Net Invested Capital

Deferred Long Term Liab vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hormel Foods Deferred Long Term Liab account and Net Invested Capital. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Hormel Foods' Deferred Long Term Liab and Net Invested Capital is 0.91. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Hormel Foods, assuming nothing else is changed. The correlation between historical values of Hormel Foods' Deferred Long Term Liab and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Hormel Foods are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Deferred Long Term Liab i.e., Hormel Foods' Deferred Long Term Liab and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Most indicators from Hormel Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hormel Foods current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hormel Foods. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Hormel Stock please use our How to buy in Hormel Stock guide.At this time, Hormel Foods' Tax Provision is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 19.49 this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.05.
 2021 2022 2023 2024 (projected)
Interest Expense62.5M73.4M84.4M80.2M
Depreciation And Amortization290.8M253.3M291.3M305.9M

Hormel Foods fundamental ratios Correlations

0.93-0.440.930.980.990.860.970.590.990.080.590.94-0.670.940.950.690.940.980.920.510.360.980.98-0.60.05
0.93-0.590.860.860.90.970.820.470.94-0.050.470.83-0.550.980.880.680.960.980.820.480.20.860.95-0.440.14
-0.44-0.59-0.47-0.37-0.43-0.6-0.32-0.18-0.460.25-0.19-0.240.28-0.5-0.44-0.51-0.64-0.51-0.34-0.260.32-0.32-0.470.13-0.23
0.930.86-0.470.920.910.80.910.520.920.220.520.87-0.790.80.930.830.890.910.870.720.390.90.9-0.720.05
0.980.86-0.370.920.990.781.00.620.980.120.610.94-0.690.880.930.670.90.930.920.50.40.990.96-0.64-0.01
0.990.9-0.430.910.990.810.980.660.980.030.660.93-0.650.920.920.680.940.960.930.460.280.980.97-0.590.08
0.860.97-0.60.80.780.810.740.250.89-0.010.250.75-0.520.940.830.660.90.940.680.480.240.790.92-0.40.07
0.970.82-0.320.911.00.980.740.630.960.140.620.94-0.690.850.920.650.870.910.920.490.420.990.94-0.66-0.01
0.590.47-0.180.520.620.660.250.630.53-0.141.00.59-0.330.510.510.30.590.540.790.17-0.040.580.49-0.310.29
0.990.94-0.460.920.980.980.890.960.530.070.520.92-0.650.940.930.70.940.980.880.50.360.971.0-0.570.01
0.08-0.050.250.220.120.03-0.010.14-0.140.07-0.160.27-0.26-0.060.160.27-0.120.030.090.230.70.170.04-0.33-0.4
0.590.47-0.190.520.610.660.250.621.00.52-0.160.58-0.330.510.520.30.590.540.790.17-0.060.580.48-0.310.33
0.940.83-0.240.870.940.930.750.940.590.920.270.58-0.710.870.950.580.80.910.940.480.520.970.9-0.710.04
-0.67-0.550.28-0.79-0.69-0.65-0.52-0.69-0.33-0.65-0.26-0.33-0.71-0.51-0.76-0.53-0.56-0.63-0.68-0.67-0.43-0.68-0.610.98-0.1
0.940.98-0.50.80.880.920.940.850.510.94-0.060.510.87-0.510.880.570.930.980.840.360.230.90.96-0.420.14
0.950.88-0.440.930.930.920.830.920.510.930.160.520.95-0.760.880.680.870.940.930.590.420.940.91-0.730.11
0.690.68-0.510.830.670.680.660.650.30.70.270.30.58-0.530.570.680.730.690.590.690.150.620.68-0.440.07
0.940.96-0.640.890.90.940.90.870.590.94-0.120.590.8-0.560.930.870.730.960.850.490.110.870.95-0.440.13
0.980.98-0.510.910.930.960.940.910.540.980.030.540.91-0.630.980.940.690.960.890.50.290.940.98-0.540.12
0.920.82-0.340.870.920.930.680.920.790.880.090.790.94-0.680.840.930.590.850.890.470.310.920.85-0.660.2
0.510.48-0.260.720.50.460.480.490.170.50.230.170.48-0.670.360.590.690.490.50.470.440.440.48-0.61-0.01
0.360.20.320.390.40.280.240.42-0.040.360.7-0.060.52-0.430.230.420.150.110.290.310.440.440.34-0.5-0.41
0.980.86-0.320.90.990.980.790.990.580.970.170.580.97-0.680.90.940.620.870.940.920.440.440.95-0.650.01
0.980.95-0.470.90.960.970.920.940.491.00.040.480.9-0.610.960.910.680.950.980.850.480.340.95-0.520.01
-0.6-0.440.13-0.72-0.64-0.59-0.4-0.66-0.31-0.57-0.33-0.31-0.710.98-0.42-0.73-0.44-0.44-0.54-0.66-0.61-0.5-0.65-0.52-0.07
0.050.14-0.230.05-0.010.080.07-0.010.290.01-0.40.330.04-0.10.140.110.070.130.120.2-0.01-0.410.010.01-0.07
Click cells to compare fundamentals

Hormel Foods Account Relationship Matchups

Hormel Foods fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.9B12.7B13.3B13.4B15.5B16.2B
Short Long Term Debt Total1.3B3.3B3.3B3.3B3.8B4.0B
Other Current Liab600.7M613.6M172.7M(1K)(1.2K)(1.1K)
Total Current Liabilities1.5B1.4B1.5B2.3B2.7B2.8B
Total Stockholder Equity6.4B7.0B7.5B7.7B8.9B9.3B
Property Plant And Equipment Net1.9B2.1B2.1B2.2B2.5B2.6B
Net Debt(410.7M)2.7B2.3B2.6B3.0B3.1B
Retained Earnings6.5B6.9B7.3B7.5B8.6B9.0B
Cash1.7B613.5M982.1M736.5M847.0M889.4M
Non Current Assets Total6.3B9.7B9.7B10.2B11.7B12.3B
Non Currrent Assets Other250.4M299.9M53.5M370.3M425.8M232.7M
Cash And Short Term Investments1.7B634.7M998.3M753.2M866.2M909.5M
Net Receivables743.9M904.0M874.8M824.6M948.3M995.7M
Common Stock Shares Outstanding546.6M547.6M549.6M549.0M494.1M457.6M
Liabilities And Stockholders Equity9.9B12.7B13.3B13.4B15.5B16.2B
Non Current Liabilities Total2.0B4.3B4.3B3.4B3.9B4.1B
Inventory1.1B1.4B1.7B1.7B1.9B2.0B
Other Current Assets12.4M14.9M(1K)39.0M44.9M24.4M
Other Stockholder Equity294.3M365.8M474.4M510.3M586.8M616.2M
Total Liab3.5B5.7B5.8B5.7B6.6B6.9B
Total Current Assets3.6B2.9B3.6B3.3B3.8B4.0B
Short Term Debt258.7M8.8M8.8M950.5M1.1B1.1B
Intangible Assets1.1B1.8B1.8B1.8B2.0B2.1B
Accounts Payable644.6M793.3M816.6M771.4M887.1M931.5M
Good Will2.6B4.9B4.9B4.9B5.7B6.0B
Common Stock Total Equity7.8M7.9M7.9M8.0M7.2M6.5M
Short Term Investments17.3M21.2M16.1M16.7M15.0M19.8M
Property Plant And Equipment Gross1.9B4.1B4.3B4.5B5.2B5.4B
Accumulated Other Comprehensive Income(395.3M)(277.3M)(255.6M)(272.3M)(245.0M)(257.3M)
Common Stock7.9M7.9M8.0M8.0M7.2M6.5M
Other Liab885.9M987.2M1.0B930.1M1.1B637.8M
Current Deferred Revenue176.6M218.8M475.2M589.9M678.3M712.2M
Other Assets4.8M5.5M4.9M443.0M509.5M262.9M
Long Term Debt1.0B3.3B3.3B2.4B2.7B2.8B
Property Plant Equipment432.0M388.6M2.1B2.3B2.6B2.8B
Net Tangible Assets2.7B221.5M811.4M1.0B944.3M1.3B
Noncontrolling Interest In Consolidated Entity4.1M4.8M5.5M4.9M4.4M3.7M
Retained Earnings Total Equity6.1B6.5B6.9B7.3B8.4B5.3B
Deferred Long Term Liab176.6M218.8M278.2M475.2M546.5M573.8M

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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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hormel Foods. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Hormel Stock please use our How to buy in Hormel Stock guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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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.