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Hormel Foods HRL Corporate Non — Total Assets

Discontinued — last reported Q4 '17

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Other financials

Income statement

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Revenue$3.0B+2.5%
Gross profit$518.5M+7.0%
Operating income$217.1M-12.6%
Net income$157.5M-12.5%
EPS (diluted)$0.29-12.1%

Balance sheet

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Cash & equivalents$826.8M+23.5%
Total debt$2.9B-0.2%
Total equity$7.9B-1.0%
Total assets$13.3B-0.6%

Cash flow

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Operating cash flow$178.9M+217%
CapEx$82.2M+9.4%
Free cash flow$96.8M

Valuation

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Market cap$13.3B
Enterprise value$15.35B
P/E18.9×
P/S1.1×

Profitability

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Gross margin15.7%-0.8pp
Operating margin5.8%-2.7pp
Net margin6.3%-0.3pp
FCF margin5.7%-0.3pp

Returns & leverage

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Return on equity9.5%-0.6pp
Debt / equity0.4×0.0×
Current ratio1.9×-0.5×

Where this comes from

Reported directly by Hormel Foods in its filing.

Tagged under the XBRL concept us-gaap:Assets.

The official record: Hormel Foods’s 10-K, filed December 20, 2017, on SEC EDGAR. View the filing →

Questions, answered.

What does corporate non — total assets mean?
The total value of company assets not assigned to any specific business segment.
How do you interpret corporate non — total assets?
An increase may indicate higher corporate-level cash holdings or investments in centralized infrastructure, while a decrease may suggest asset divestiture or reallocation to operating segments.
How does corporate non — total assets compare across companies?
Most large consumer packaged goods firms maintain similar unallocated corporate asset pools for centralized treasury and administrative functions.