Hormel Foods Corp (HRL)
35.14
+0.40
(+1.15%)
USD |
NYSE |
Apr 22, 16:00
35.37
+0.23
(+0.65%)
Pre-Market: 20:00
Hormel Foods Debt to Equity Ratio: 0.4221 for Jan. 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| January 31, 2024 | 0.4221 |
| October 31, 2023 | 0.4278 |
| July 31, 2023 | 0.4288 |
| April 30, 2023 | 0.4298 |
| January 31, 2023 | 0.4336 |
| October 31, 2022 | 0.4379 |
| July 31, 2022 | 0.4487 |
| April 30, 2022 | 0.4499 |
| January 31, 2022 | 0.4673 |
| October 31, 2021 | 0.4767 |
| July 31, 2021 | 0.4898 |
| April 30, 2021 | 0.1567 |
| January 31, 2021 | 0.1987 |
| October 31, 2020 | 0.2029 |
| July 31, 2020 | 0.2083 |
| April 30, 2020 | 0.0511 |
| January 31, 2020 | 0.0521 |
| October 31, 2019 | 0.0422 |
| July 31, 2019 | 0.0425 |
| April 30, 2019 | 0.0424 |
| January 31, 2019 | 0.1096 |
| October 31, 2018 | 0.1116 |
| July 31, 2018 | 0.1335 |
| April 30, 2018 | 0.1532 |
| January 31, 2018 | 0.1708 |
| Date | Value |
|---|---|
| October 31, 2017 | 0.0506 |
| July 31, 2017 | 0.0526 |
| April 30, 2017 | 0.0534 |
| January 31, 2017 | 0.0547 |
| October 31, 2016 | 0.0562 |
| July 31, 2016 | 0.09 |
| April 30, 2016 | 0.0581 |
| January 31, 2016 | 0.0601 |
| October 31, 2015 | 0.1088 |
| July 31, 2015 | 0.1526 |
| April 30, 2015 | 0.0651 |
| January 31, 2015 | 0.0671 |
| October 31, 2014 | 0.0693 |
| July 31, 2014 | 0.07 |
| April 30, 2014 | 0.0713 |
| January 31, 2014 | 0.0731 |
| October 31, 2013 | 0.0755 |
| July 31, 2013 | 0.0821 |
| April 30, 2013 | 0.0831 |
| January 31, 2013 | 0.0854 |
| October 31, 2012 | 0.0887 |
| July 31, 2012 | 0.0865 |
| April 30, 2012 | 0.0893 |
| January 31, 2012 | 0.0914 |
| October 31, 2011 | 0.0941 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.0422
Minimum
Oct 2019
0.4898
Maximum
Jul 2021
0.2955
Average
0.4249
Median
Debt to Equity Ratio Benchmarks
| Beyond Meat Inc | -2.216 |
| Tyson Foods Inc | 0.5332 |
| Acme United Corp | 0.3421 |
| Spectrum Brands Holdings Inc | 0.607 |
| Utz Brands Inc | 1.384 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 13.51B |
| Total Liabilities (Quarterly) | 5.664B |
| Shareholders Equity (Quarterly) | 7.844B |
| Current Ratio | 1.489 |
| Net Debt Paydown Yield | -0.01% |