Hormel Foods (HRL) Debt to Equity Ratio
Price: $29.98
Market Cap: $16.49B
Avg Volume: 2.99M
Market Cap: $16.49B
Avg Volume: 2.99M
Country: US
Industry: Packaged Foods
Sector: Consumer Defensive
Industry: Packaged Foods
Sector: Consumer Defensive
Debt to Equity Ratio
Hormel Foods's debt to equity ratio indicates the proportion of equity and debt the company uses to finance its assets:
- Annual: 0.36
- Quarterly: 0.25
- TTM: 0.25
Other Key Debt Metrics
These metrics provide additional insights into Hormel Foods's financial leverage and its ability to meet financial obligations:
- Debt Ratio - indicates the proportion of a company's assets that are financed through debt:
- Annual: 21.28%
- Quarterly: 21.32%
- TTM: 21.32%
- Debt to Assets Ratio - shows the proportion of a company's assets that are financed by debt:
- Annual: 21.28%
- Quarterly: 21.32%
- TTM: 21.32%
These financial metrics offer a comprehensive view of Hormel Foods's debt structure and financial health. By comparing these ratios with industry benchmarks, investors can better understand the company's leverage and risk profile.
Annual Debt to Equity Ratio
0.36
Quarterly Debt to Equity Ratio
0.25
TTM Debt to Equity Ratio
0.25
Hormel Foods Historical Debt to Equity Ratio
Historical Debt Ratio
Historical Debt to Assets Ratio
Hormel Foods Historical Debt to Equity Ratio
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Debt to Equity Ratio | Debt Ratio | Debt to Assets Ratio |
|---|---|---|---|
| 2024 | 0.36 | 21.28% | 21.28% |
| 2023 | 0.43 | 24.61% | 24.61% |
| 2022 | 0.44 | 24.79% | 24.79% |
| 2021 | 0.48 | 26.17% | 26.17% |
| 2020 | 0.20 | 13.15% | 13.15% |
| 2019 | 0.04 | 3.08% | 3.08% |
| 2018 | 0.11 | 7.67% | 7.67% |
| 2017 | 0.05 | 3.58% | 3.58% |
| 2016 | 0.06 | 3.92% | 3.92% |
| 2015 | 0.11 | 7.08% | 7.08% |
Related Metrics
Explore detailed financial metrics and analysis for HRL.