Hormel Foods Liabilities 2024

Hormel Foods Aktienanalyse

What does Hormel Foods do?

Hormel Foods Corp is an American company headquartered in Austin, Minnesota. The company was founded in 1891 and has been steadily growing since then. Today, it is one of the largest meat producers in the USA and distributes its products worldwide. The business model of Hormel Foods is based on manufacturing and marketing high-quality meat products. The company places great importance on quality and sustainability. Hormel Foods works with local farmers and suppliers to ensure that animals are treated ethically and that the company upholds ethical standards. Hormel Foods operates various divisions, including Refrigerated Foods, Grocery Products, Jennie-O Turkey Store, Specialty Foods, and International & Other. Each division specializes in different products and serves different markets. Refrigerated Foods is the largest division of Hormel Foods. It produces fresh meat products such as pork, beef, and poultry. Some of the most well-known products from this division include Spam, Hormel Pepperoni, and Hormel Natural Choice. Grocery Products is another important division of Hormel Foods. It manufactures non-perishable foods that are sold in supermarkets and other retail stores. Some of the most well-known products include Skippy Peanut Butter, Dinty Moore Beef Stew, and Hormel Chili. Jennie-O Turkey Store is another important part of Hormel Foods. It produces poultry products such as turkey breast, turkey leg, and turkey burgers. The company specializes in these products and offers a wide range of poultry products that are sold in supermarkets and restaurants. Specialty Foods is another division of Hormel Foods that specializes in niche markets. It produces high-quality foods that target specific demographics. Some of the most well-known products from this division include Justin's Nut Butter, Applegate Naturals, and Hormel Gatherings. International & Other is the smallest division of Hormel Foods, focusing on international markets. It manufactures and markets products for sale in international markets. Overall, Hormel Foods offers a wide range of products ranging from meat products to peanut butter and gourmet salads. Hormel Foods has built a long history over the years and has become one of the largest food manufacturers in the USA. The company has achieved success by manufacturing high-quality products and adhering to ethical and sustainable standards. The various divisions of Hormel Foods allow the company to offer a wide range of products and serve different target groups. Hormel Foods ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Liabilities Details

Assessing Hormel Foods's Liabilities

Hormel Foods's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Hormel Foods's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Hormel Foods's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Hormel Foods's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Hormel Foods’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Hormel Foods Stock

What is the level of liabilities of Hormel Foods this year?

Hormel Foods has a debt balance of 5.71 B USD this year.

What were the liabilities of Hormel Foods compared to the previous year?

The liabilities of Hormel Foods have increased by -1.01% dropped compared to the previous year.

What are the consequences of high debt for investors of Hormel Foods?

High liabilities can pose a risk for investors of Hormel Foods, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Hormel Foods?

Low liabilities mean that Hormel Foods has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of Hormel Foods affect the company?

An increase in liabilities of Hormel Foods can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of Hormel Foods affect the company?

A decrease in the liabilities of Hormel Foods can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of Hormel Foods?

Some factors that can influence the liabilities of Hormel Foods include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of Hormel Foods so important for investors?

The liabilities of Hormel Foods are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Hormel Foods take to modify the liabilities?

To change its liabilities, Hormel Foods can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

How much dividend does Hormel Foods pay?

Over the past 12 months, Hormel Foods paid a dividend of 1.1 USD . This corresponds to a dividend yield of about 2.99 %. For the coming 12 months, Hormel Foods is expected to pay a dividend of 1.16 USD.

What is the dividend yield of Hormel Foods?

The current dividend yield of Hormel Foods is 2.99 %.

When does Hormel Foods pay dividends?

Hormel Foods pays a quarterly dividend. This is distributed in the months of August, November, February, May.

How secure is the dividend of Hormel Foods?

Hormel Foods paid dividends every year for the past 97 years.

What is the dividend of Hormel Foods?

For the upcoming 12 months, dividends amounting to 1.16 USD are expected. This corresponds to a dividend yield of 3.16 %.

In which sector is Hormel Foods located?

Hormel Foods is assigned to the 'Non-cyclical consumption' sector.

Wann musste ich die Aktien von Hormel Foods kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Hormel Foods from 5/15/2024 amounting to 0.283 USD, you needed to have the stock in your portfolio before the ex-date on 4/12/2024.

When did Hormel Foods pay the last dividend?

The last dividend was paid out on 5/15/2024.

What was the dividend of Hormel Foods in the year 2023?

In the year 2023, Hormel Foods distributed 1.04 USD as dividends.

In which currency does Hormel Foods pay out the dividend?

The dividends of Hormel Foods are distributed in USD.