CSIMarket
 

Hormel Foods Corporation  (HRL)
Other Ticker:  
 

Cumulative Hormel Foods's Interest Coverage ratios

HRL's Interest expense and Ebitda growth



HRL Interest Coverage (Oct 29 2023)
IV. Quarter
(Oct 30 2022)
IV. Quarter
(Oct 31 2021)
IV. Quarter
(Jul 25 2021)
III. Quarter
(Apr 25 2021)
II. Quarter
Y / Y Interest expense Change 486.59 % 322.96 % 88.48 % 104.45 % 122.71 %
Y / Y Ebitda Change -15.07 % 70.45 % 26.45 % -17.21 % 6.44 %
Interest Coverage (TTM) 14.68 23.4 32.28 36.32 45.46
Total Ranking # 500 # 484 # # #
Seq. Interest expense Change 31.29 % 123.22 % 33.21 % 50.27 % -5.34 %
Seq. Ebitda Change -47.76 % 32.18 % 57.65 % -21.99 % 4.85 %




Interest Coverage in the fourth quarter 2023 Comment
Hormel Foods's interest coverage ratio sequentially decreased to 14.68 below company average. Due to decrease of ebitda in the Q4 2023 by -47.76%.

Within Consumer Non Cyclical sector 19 other companies have achieved higher interest coverage ratio during the Q4 2023. While interest coverage ratio total ranking has deteriorated in the fourth quarter 2023 compare to the fourth quarter 2022 from 484 to 500.

What is Interest Coverage Ratio?
Source of Hormel Foods Corporation sales

Interest Coverage Company Ranking
Within: No.
Industry # 6
Sector # 20
S&P 500 # 500


Interest Coverage Statistics
High Average Low
146.27
72.23
11.19
(Dec. 30, 2012)   (Oct. 26, 2008)





Financial Statements
Hormel Foods's Interest expense $ 46 Millions Visit HRL's Income Statement
Hormel Foods's Ebitda $ 300 Millions Visit HRL's Income Statement
Where are HRL's Sales coming from? Visit HRL's Sales by Geography




Companies with similar Average Interest Coverage ratios for 12 months ending Oct 29 2023, within Consumer Non Cyclical Sector Interest Coverage Ratio EBITDA 12 months ending Oct 29 2023Interest net 12 months ending Oct 29 2023
Mosaic Co  16.75 $ 2,467.800  Millions$ 147.300  Millions
Constellation Brands Inc   4.31 $ 1,914.800  Millions$ 444.700  Millions
S and w Seed Co  3.35 $ 16.249  Millions$ 4.847  Millions

Date modified: 2023-12-07T15:24:16+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com