J. M. Smucker Balance Sheet Health
Financial Health criteria checks 1/6
J. M. Smucker has a total shareholder equity of $7.6B and total debt of $8.5B, which brings its debt-to-equity ratio to 112.9%. Its total assets and total liabilities are $20.2B and $12.7B respectively. J. M. Smucker's EBIT is $1.4B making its interest coverage ratio 6.9. It has cash and short-term investments of $35.9M.
Key information
112.9%
Debt to equity ratio
US$8.54b
Debt
Interest coverage ratio | 6.9x |
Cash | US$35.90m |
Equity | US$7.56b |
Total liabilities | US$12.69b |
Total assets | US$20.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: S1JM34's short term assets ($1.9B) do not cover its short term liabilities ($2.5B).
Long Term Liabilities: S1JM34's short term assets ($1.9B) do not cover its long term liabilities ($10.2B).
Debt to Equity History and Analysis
Debt Level: S1JM34's net debt to equity ratio (112.5%) is considered high.
Reducing Debt: S1JM34's debt to equity ratio has increased from 76.4% to 112.9% over the past 5 years.
Debt Coverage: S1JM34's debt is not well covered by operating cash flow (14.6%).
Interest Coverage: S1JM34's interest payments on its debt are well covered by EBIT (6.9x coverage).