According to Hormel Foods latest financial reports the total debt is $2.36B, an decrease of -28.32% to 2022. At the end of 2022 company had $3.29B total debt. This figure represents the debts and financial obligations that Hormel Foods combine short-term debt, long-term debt, and other fixed payment obligations (such as capital leases) of a business that are incurred while under normal operating cycles.
Year | Total debt | Change |
---|---|---|
2023 | $2.36B | -28.32% |
2022 | $3.29B | -0.74% |
2021 | $3.32B | 217.26% |
2020 | $1.04B | 317.97% |
2019 | $250.00M | -59.99% |
2018 | $624.84M | - |