Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. JM Smucker Co's cash to debt ratio for the quarter that ended in Jan. 2024 was 0.00.
If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, JM Smucker Co couldn't pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.
The historical rank and industry rank for JM Smucker Co's Cash-to-Debt or its related term are showing as below:
During the past 13 years, JM Smucker Co's highest Cash to Debt Ratio was 0.51. The lowest was 0.00. And the median was 0.03.
JM Smucker Co Cash-to-Debt Historical Data
The historical data trend for JM Smucker Co's Cash-to-Debt can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
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JM Smucker Co Annual Data
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Trend |
Apr14 |
Apr15 |
Apr16 |
Apr17 |
Apr18 |
Apr19 |
Apr20 |
Apr21 |
Apr22 |
Apr23 |
| Cash-to-Debt |
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0.02 |
0.07 |
0.07 |
0.04 |
0.26 |
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JM Smucker Co Quarterly Data
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Apr19 |
Jul19 |
Oct19 |
Jan20 |
Apr20 |
Jul20 |
Oct20 |
Jan21 |
Apr21 |
Jul21 |
Oct21 |
Jan22 |
Apr22 |
Jul22 |
Oct22 |
Jan23 |
Apr23 |
Jul23 |
Oct23 |
Jan24 |
| Cash-to-Debt |
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0.02 |
0.26 |
0.16 |
0.51 |
- |
Competitive Comparison
For the Packaged Foods subindustry, JM Smucker Co's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
JM Smucker Co Cash-to-Debt Distribution
For the Consumer Packaged Goods industry and Consumer Defensive sector, JM Smucker Co's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where JM Smucker Co's Cash-to-Debt falls into.
JM Smucker Co Cash-to-Debt Calculation
This is the ratio of a company's
Cash, Cash Equivalents, Marketable Securities
to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.
JM Smucker Co's Cash to Debt Ratio for the fiscal year that ended in Apr. 2023 is calculated as:
JM Smucker Co's Cash to Debt Ratio for the quarter that ended in Jan. 2024 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
JM Smucker Co (JM Smucker Co) Business Description
Traded in Other Exchanges
Address
One Strawberry Lane, Orrville, OH, USA, 44667-0280
J.M. Smucker is a packaged food company that primarily sells through the U.S. retail channel (77% of forecast fiscal 2024 revenue), with the remaining share consisting of Hostess, foodservice, and international (primarily Canada). Following the divestiture of several pet foods brands and private-label products that constituted about $1.5 billion of sales, retail coffee is now its largest category (33% of sales) with brands Folgers and Dunkin'. Pet foods (22% of sales) holds leading brands like Milk-Bone and Meow Mix. Of its remaining, approximately 22% comes from consumer foods, primarily peanut butter and jelly, through brands Jif and Smucker's. The company acquired Hostess Brands in fiscal 2024 to boost its snack and convenience store presence.
Executives
| Tucker H Marshall |
officer: Chief Financial Officer |
ONE STRAWBERRY LANE, ORRVILLE OH 44667 |
| Tarang Amin |
director |
C/O SCHIFF NUTRITION INTERNATIONAL, INC., 2002 SOUTH 5070 WEST, SALT LAKE CITY UT 84104 |
| Amy C Held |
officer: Chief Strategy & Int'l Officer |
ONE STRAWBERRY LANE, ORRVILLE OH 44667 |
| Mercedes Abramo |
director |
ONE STRAWBERRY LANE, ORRVILLE OH 44667 |
| Richard K Smucker |
director, officer: President |
C/ WM WRIGLEY JR CO, 410 N MICHIGAN AVE, CHICAGO IL 60611 |
| Mark T Smucker |
officer: Vice President |
|
| Jill R Penrose |
officer: Chief People & Admin Officer |
ONE STRAWBERRY LANE, ORRVILLE OH 44667 |
| John P Brase |
officer: Chief Operating Officer |
ONE STRAWBERRY LANE, ORRVILLE OH 44667 |
| Jeannette L Knudsen |
officer: Chief Legal & Compliance Offic |
ONE STRAWBERRY LANE, ORRVILLE OH 44667 |
| Geoff E Tanner |
officer: Chief Marketing & Commercial |
ONE STRAWBERRY LANE, ORRVILLE OH 44667 |
| Johnson Jonathan E Iii |
director |
6322 S 300 S, STE 100, SALT LAKE CITY UT 84121 |
| Nancy Lopez Knight |
director |
2308 TARA DRIVE, ALBANY GA 31721 |
| Jay L Henderson |
director |
50 SOUTH LASALLE ST, CHICAGO IL 60603 |
| Dawn C Willoughby |
director |
1221 BROADWAY, OAKLAND CA 94612 |
| Sandra Pianalto |
director |
1000 EATON BOULEVARD, CLEVELAND OH 44122 |
JM Smucker Co (JM Smucker Co) Headlines
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