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
We Think J. M. Smucker (NYSE:SJM) Is Taking Some Risk With Its Debt
Apr 18
Here's Why J. M. Smucker (NYSE:SJM) Can Manage Its Debt Responsibly
Dec 27Does J. M. Smucker (NYSE:SJM) Have A Healthy Balance Sheet?
Jul 13Here's Why J. M. Smucker (NYSE:SJM) Can Manage Its Debt Responsibly
Mar 24J. M. Smucker (NYSE:SJM) Takes On Some Risk With Its Use Of Debt
Nov 23Recent updates
J. M. Smucker: Sticky Brands Help Round Out A Portfolio
Aug 27Here's Why The J. M. Smucker Company's (NYSE:SJM) CEO Compensation Is The Least Of Shareholders Concerns
Aug 07J. M. Smucker's (NYSE:SJM) Solid Earnings Have Been Accounted For Conservatively
Jun 14J. M. Smucker Stock: Cheap, But Some Concerns As Well
Jun 12The J. M. Smucker Company's (NYSE:SJM) P/S Is On The Mark
Jun 02We Think J. M. Smucker (NYSE:SJM) Is Taking Some Risk With Its Debt
Apr 18J. M. Smucker: Undervalued Dividend Aristocrat
Apr 02Unpleasant Surprises Could Be In Store For The J. M. Smucker Company's (NYSE:SJM) Shares
Feb 28J. M. Smucker: Margins Improving, However, I'd Welcome Another 10% Pullback
Jan 13Here's Why J. M. Smucker (NYSE:SJM) Can Manage Its Debt Responsibly
Dec 27J.M. Smucker: Looking A Lot Better Already
Dec 09J. M. Smucker: Hostess Acquisition Benefit Has Been Priced In
Oct 13The J. M. Smucker Company (NYSE:SJM) Shares Could Be 47% Below Their Intrinsic Value Estimate
Sep 18J. M. Smucker: Not A Sweet Deal
Sep 11J. M. Smucker (NYSE:SJM) Is Increasing Its Dividend To $1.06
Aug 09The Returns At J. M. Smucker (NYSE:SJM) Aren't Growing
Aug 01J. M. Smucker: Stable Prospects
Jul 26J. M. Smucker's (NYSE:SJM) Upcoming Dividend Will Be Larger Than Last Year's
Jul 17Does J. M. Smucker (NYSE:SJM) Have A Healthy Balance Sheet?
Jul 13J. M. Smucker: Still Mildly Overvalued
May 23The J. M. Smucker Company's (NYSE:SJM) Intrinsic Value Is Potentially 43% Above Its Share Price
May 05Returns On Capital At J. M. Smucker (NYSE:SJM) Have Hit The Brakes
Apr 07Here's Why J. M. Smucker (NYSE:SJM) Can Manage Its Debt Responsibly
Mar 24Are Investors Undervaluing The J. M. Smucker Company (NYSE:SJM) By 32%?
Jan 30J. M. Smucker declares $1.02 dividend
Jan 20J. M. Smucker's (NYSE:SJM) Returns Have Hit A Wall
Jan 03J. M. Smucker: Sell Covered Calls To Generate Income
Dec 19J. M. Smucker (NYSE:SJM) Takes On Some Risk With Its Use Of Debt
Nov 23Financial Position Analysis
Short Term Liabilities: SJM's short term assets ($2.1B) do not cover its short term liabilities ($3.8B).
Long Term Liabilities: SJM's short term assets ($2.1B) do not cover its long term liabilities ($8.8B).
Debt to Equity History and Analysis
Debt Level: SJM's net debt to equity ratio (108.5%) is considered high.
Reducing Debt: SJM's debt to equity ratio has increased from 73.5% to 109% over the past 5 years.
Debt Coverage: SJM's debt is not well covered by operating cash flow (14%).
Interest Coverage: SJM's interest payments on its debt are well covered by EBIT (4.5x coverage).