HORMEL FOODS
HORMEL FOODS operates in Diversified Metals & Mining.
HORMEL FOODS (HO7) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of July 2024: 0.028x
Based on the latest financial reports, HORMEL FOODS (HO7) has a cash flow conversion efficiency ratio of 0.028x as of July 2024.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€217.99 Million) by net assets (€7.88 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
HORMEL FOODS - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how HORMEL FOODS's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
HORMEL FOODS Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of HORMEL FOODS ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Strive Enhanced Income Short Maturity ETF
NYSE:BUXX
|
N/A |
|
SKF -B- - Dusseldorf Stock Exchang
DU:SKFB
|
0.062x |
|
Bumhan Fuel Cell Co. Ltd.
KQ:382900
|
N/A |
|
LRACX
NMFQS:LRACX
|
N/A |
|
Verus International Inc
PINK:VRUS
|
0.024x |
|
NTT DATA - Dusseldorf Stock Exchang
DU:NT5
|
0.052x |
|
Premier Foods PLC
LSE:PFD
|
0.024x |
|
EFG INTL N (E2S.SG)
STU:E2S
|
N/A |
Annual Cash Flow Conversion Efficiency for HORMEL FOODS (2016–2023)
The table below shows the annual cash flow conversion efficiency of HORMEL FOODS from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-10-31 | €7.74 Billion | €1.05 Billion | 0.135x | -10.05% |
| 2022-10-31 | €7.54 Billion | €1.13 Billion | 0.151x | +4.84% |
| 2021-10-31 | €6.98 Billion | €1.00 Billion | 0.144x | -18.15% |
| 2020-10-31 | €6.43 Billion | €1.13 Billion | 0.175x | +12.62% |
| 2019-10-31 | €5.93 Billion | €923.00 Million | 0.156x | -29.69% |
| 2018-10-31 | €5.60 Billion | €1.24 Billion | 0.222x | +8.33% |
| 2017-10-31 | €4.94 Billion | €1.01 Billion | 0.205x | -8.31% |
| 2016-10-31 | €4.45 Billion | €992.85 Million | 0.223x | -- |