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Hormel Foods (FRA:HO7) Net Interest Income : €-46 Mil (TTM As of Jan. 2024)


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What is Hormel Foods Net Interest Income?

Net interest income is the total interest income minus total interest expense. It represents the difference between interest and dividends earned on interestbearing assets and interest paid to depositors and other creditors. Hormel Foods's net interest income for the three months ended in Jan. 2024 was €1 Mil. Its net interest income for the trailing twelve months (TTM) ended in Jan. 2024 was €-46 Mil.

Hormel Foods Net Interest Income Historical Data

The historical data trend for Hormel Foods's Net Interest Income 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 Net Interest Income Chart

Hormel Foods Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Net Interest Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.16 12.35 3.08 -35.02 -55.47

Hormel Foods Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Net Interest Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7.66 -15.47 -8.26 -22.95 1.02

Hormel Foods Net Interest Income Calculation

Net interest income is the total interest income minus total interest expense. It represents the difference between interest and dividends earned on interestbearing assets and interest paid to depositors and other creditors.

Net Interest Income for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-46 Mil.

* 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.

Hormel Foods Net Interest Income Related Terms

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Hormel Foods (FRA:HO7) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hormel Foods Corp (FRA:HO7) » Definitions » Net Interest Income
Comparable Companies
K MKC CAG CPB LW SJM PPC INGR BRBR DAR XSWX:NESN KHC XPAR:BN GIS SHSE:603288 NSE:NESTLEIND LSE:ABF SHSE:600887 SZSE:300999 TSE:2802
Traded in Other Exchanges
HRL:USA HRL:Mexico H1RL34:Brazil 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.

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