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 Direction | Positive |
Relationship Strength | Very 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 Expense | 62.5M | 73.4M | 84.4M | 80.2M | Depreciation And Amortization | 290.8M | 253.3M | 291.3M | 305.9M |
Hormel Foods fundamental ratios Correlations
Click cells to compare fundamentals
Hormel Foods Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hormel Foods fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 9.9B | 12.7B | 13.3B | 13.4B | 15.5B | 16.2B | |
Short Long Term Debt Total | 1.3B | 3.3B | 3.3B | 3.3B | 3.8B | 4.0B | |
Other Current Liab | 600.7M | 613.6M | 172.7M | (1K) | (1.2K) | (1.1K) | |
Total Current Liabilities | 1.5B | 1.4B | 1.5B | 2.3B | 2.7B | 2.8B | |
Total Stockholder Equity | 6.4B | 7.0B | 7.5B | 7.7B | 8.9B | 9.3B | |
Property Plant And Equipment Net | 1.9B | 2.1B | 2.1B | 2.2B | 2.5B | 2.6B | |
Net Debt | (410.7M) | 2.7B | 2.3B | 2.6B | 3.0B | 3.1B | |
Retained Earnings | 6.5B | 6.9B | 7.3B | 7.5B | 8.6B | 9.0B | |
Cash | 1.7B | 613.5M | 982.1M | 736.5M | 847.0M | 889.4M | |
Non Current Assets Total | 6.3B | 9.7B | 9.7B | 10.2B | 11.7B | 12.3B | |
Non Currrent Assets Other | 250.4M | 299.9M | 53.5M | 370.3M | 425.8M | 232.7M | |
Cash And Short Term Investments | 1.7B | 634.7M | 998.3M | 753.2M | 866.2M | 909.5M | |
Net Receivables | 743.9M | 904.0M | 874.8M | 824.6M | 948.3M | 995.7M | |
Common Stock Shares Outstanding | 546.6M | 547.6M | 549.6M | 549.0M | 494.1M | 457.6M | |
Liabilities And Stockholders Equity | 9.9B | 12.7B | 13.3B | 13.4B | 15.5B | 16.2B | |
Non Current Liabilities Total | 2.0B | 4.3B | 4.3B | 3.4B | 3.9B | 4.1B | |
Inventory | 1.1B | 1.4B | 1.7B | 1.7B | 1.9B | 2.0B | |
Other Current Assets | 12.4M | 14.9M | (1K) | 39.0M | 44.9M | 24.4M | |
Other Stockholder Equity | 294.3M | 365.8M | 474.4M | 510.3M | 586.8M | 616.2M | |
Total Liab | 3.5B | 5.7B | 5.8B | 5.7B | 6.6B | 6.9B | |
Total Current Assets | 3.6B | 2.9B | 3.6B | 3.3B | 3.8B | 4.0B | |
Short Term Debt | 258.7M | 8.8M | 8.8M | 950.5M | 1.1B | 1.1B | |
Intangible Assets | 1.1B | 1.8B | 1.8B | 1.8B | 2.0B | 2.1B | |
Accounts Payable | 644.6M | 793.3M | 816.6M | 771.4M | 887.1M | 931.5M | |
Good Will | 2.6B | 4.9B | 4.9B | 4.9B | 5.7B | 6.0B | |
Common Stock Total Equity | 7.8M | 7.9M | 7.9M | 8.0M | 7.2M | 6.5M | |
Short Term Investments | 17.3M | 21.2M | 16.1M | 16.7M | 15.0M | 19.8M | |
Property Plant And Equipment Gross | 1.9B | 4.1B | 4.3B | 4.5B | 5.2B | 5.4B | |
Accumulated Other Comprehensive Income | (395.3M) | (277.3M) | (255.6M) | (272.3M) | (245.0M) | (257.3M) | |
Common Stock | 7.9M | 7.9M | 8.0M | 8.0M | 7.2M | 6.5M | |
Other Liab | 885.9M | 987.2M | 1.0B | 930.1M | 1.1B | 637.8M | |
Current Deferred Revenue | 176.6M | 218.8M | 475.2M | 589.9M | 678.3M | 712.2M | |
Other Assets | 4.8M | 5.5M | 4.9M | 443.0M | 509.5M | 262.9M | |
Long Term Debt | 1.0B | 3.3B | 3.3B | 2.4B | 2.7B | 2.8B | |
Property Plant Equipment | 432.0M | 388.6M | 2.1B | 2.3B | 2.6B | 2.8B | |
Net Tangible Assets | 2.7B | 221.5M | 811.4M | 1.0B | 944.3M | 1.3B | |
Noncontrolling Interest In Consolidated Entity | 4.1M | 4.8M | 5.5M | 4.9M | 4.4M | 3.7M | |
Retained Earnings Total Equity | 6.1B | 6.5B | 6.9B | 7.3B | 8.4B | 5.3B | |
Deferred Long Term Liab | 176.6M | 218.8M | 278.2M | 475.2M | 546.5M | 573.8M |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck 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.
Complementary Tools for Hormel Stock analysis
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.
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Commodity Directory Find actively traded commodities issued by global exchanges | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |
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.