Hormel Foods (BSP:H1RL34) Marketable Securities : R$92 Mil (As of Jan. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Hormel Foods Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Hormel Foods's Marketable Securities for the quarter that ended in Jan. 2024 was R$92 Mil.

Hormel Foods's annual Marketable Securities declined from Oct. 2021 (R$117 Mil) to Oct. 2022 (R$85 Mil) and declined from Oct. 2022 (R$85 Mil) to Oct. 2023 (R$84 Mil).

Hormel Foods Marketable Securities Historical Data

The historical data trend for Hormel Foods's Marketable Securities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hormel Foods Marketable Securities Chart

Hormel Foods Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Marketable Securities

Get a 7-Day Free Trial

60.16

97.53

117.27

84.82

84.25

Hormel Foods Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Marketable Securities	Get a 7-Day Free Trial															92.38	88.03	83.64	84.25	92.03

Hormel Foods Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Hormel Foods (BSP:H1RL34) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".

Hormel Foods Marketable Securities Related Terms

Thank you for viewing the detailed overview of Hormel Foods's Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

Hormel Foods (BSP:H1RL34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hormel Foods Corp (BSP:H1RL34) » Definitions » Marketable Securities

Comparable Companies

Traded in Other Exchanges

HRL:USA HRL:Mexico HO7:Germany HRL:Austria

Address

1 Hormel Place, Austin, MN, USA, 55912-3680

Website

https://www.hormelfoods.com

Historically meat-focused, Hormel Foods broadened its lineup to include other protein offerings and become a branded food company. The firm sells its wares through multiple channels, including U.S. retail (64% of fiscal 2023 sales), U.S. food service (30%), and international (6%). By product, 53% of fiscal 2022 sales were from perishable food, 27% from shelf-stable, 17% from poultry, and 3% from other products. Major brands include Hormel, Spam, Jennie-O, Columbus, Applegate, Planters, and Skippy. Many of these hold the number one or two market share in their respective categories.

Hormel Foods (BSP:H1RL34) Headlines

No Headlines