JM Smucker Company

NYSE SJM

Data sourced from

and

Download Data

JM Smucker Company Total Liabilities to Total Assets Ratio 3 year CAGR for the year ending April 30, 2023: -0.24%

JM Smucker Company Total Liabilities to Total Assets Ratio 3 year CAGR is -0.24% for the year ending April 30, 2023, a 87.85% change year over year. The total liabilities to total assets ratio measures the proportion of total liabilities to total assets. It is calculated by dividing the total liabilities by the total assets. This ratio provides insights into the company's financial leverage and the proportion of its assets financed by liabilities. A higher ratio indicates a higher level of financial risk and reliance on liabilities for asset acquisition. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

JM Smucker Company Total Liabilities to Total Assets Ratio for the year ending April 30, 2022 was 0.49, a -1.61% change year over year.
JM Smucker Company Total Liabilities to Total Assets Ratio for the year ending April 30, 2021 was 0.50, a -3.15% change year over year.
JM Smucker Company Total Liabilities to Total Assets Ratio for the year ending April 30, 2020 was 0.52, a -1.09% change year over year.
JM Smucker Company Total Liabilities to Total Assets Ratio for the year ending April 30, 2019 was 0.52, a 8.00% change year over year.

NYSE: SJM

JM Smucker Company

CEO	Mr. Mark T. Smucker
IPO Date	Oct. 31, 1994
Location	United States
Headquarters	One Strawberry Lane, Orrville, OH, United States, 44667-0280
Employees	5,800
Sector	Consumer Defensive
Industry	Packaged foods

Description

The J. M. Smucker Company manufactures and markets branded food and beverage products worldwide. It operates in three segments: U.S. Retail Pet Foods, U.S. Retail Coffee, and U.S. Retail Consumer Foods. The company offers mainstream roast, ground, single serve, and premium coffee; peanut butter and specialty spreads; fruit spreads, toppings, and syrups; jelly products; nut mix products; shortening and oils; frozen sandwiches and snacks; pet food and pet snacks; and foodservice hot beverage, foodservice portion control, and flour products, as well as dog and cat food, frozen handheld products, juices and beverages, and baking mixes and ingredients. It provides its products under the Meow Mix, Milk-Bone, Pup-Peroni, Canine Carry Outs, Folgers, Café Bustelo, Dunkin', Folgers, Café Bustelo, 1850, Jif, Smucker's, Smucker's Uncrustables, Robin Hood, and Five Roses. The company sells its products through direct sales and brokers to food retailers, club stores, discount and dollar stores, online retailers, pet specialty stores, natural foods stores and distributors, drug stores, military commissaries, and mass merchandisers. Smucker Company was founded in 1897 and is headquartered in Orrville, Ohio.

Key trends