J. M. Smucker Balance Sheet Health
Financial Health criteria checks 1/6
J. M. Smucker has a total shareholder equity of $7.8B and total debt of $8.5B, which brings its debt-to-equity ratio to 109%. Its total assets and total liabilities are $20.3B and $12.6B respectively. J. M. Smucker's EBIT is $1.5B making its interest coverage ratio 4.5. It has cash and short-term investments of $39.5M.
Key information
109.0%
Debt to equity ratio
US$8.47b
Debt
| Interest coverage ratio | 4.5x |
| Cash | US$39.50m |
| Equity | US$7.77b |
| Total liabilities | US$12.58b |
| Total assets | US$20.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JM2's short term assets ($2.1B) do not cover its short term liabilities ($3.8B).
Long Term Liabilities: JM2's short term assets ($2.1B) do not cover its long term liabilities ($8.8B).
Debt to Equity History and Analysis
Debt Level: JM2's net debt to equity ratio (108.5%) is considered high.
Reducing Debt: JM2's debt to equity ratio has increased from 73.5% to 109% over the past 5 years.
Debt Coverage: JM2's debt is not well covered by operating cash flow (14%).
Interest Coverage: JM2's interest payments on its debt are well covered by EBIT (4.5x coverage).