Hormel Foods Corporation (HRL) — Defensive Interval Ratio
Hormel Foods Corporation (HRL) has a Defensive Interval Ratio of 172 days as of April 2026. Defensive assets of $851.94 Million (cash $-, short-term investments $33.11 Million, receivables $818.83 Million) cover 172 days of daily cash needs of $4.94 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Hormel Foods Corporation Defensive Interval Ratio (1985–2025)
This chart shows how Hormel Foods Corporation's Defensive Interval Ratio has evolved across 41 annual periods from 1985 to 2025. As of April 2026, the ratio stands at 172 days, meaning defensive assets of $851.94 Million can fund 172 days of operations without new revenue. For the complete balance sheet picture, see HRL total assets.
Annual Defensive Interval Ratio for Hormel Foods Corporation (1985–2025)
The table below presents the year-by-year Defensive Interval Ratio for Hormel Foods Corporation from 1985 to 2025, covering 41 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See how liquid is Hormel Foods Corporation's working capital to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 419 days | $1.59 Billion | $3.78 Million/day | $670.68 Million | $32.91 Million | ▼ -7 days |
| 2024 | 426 days | $1.63 Billion | $3.83 Million/day | $741.88 Million | $24.74 Million | ▲ +177 days |
| 2023 | 249 days | $1.58 Billion | $6.33 Million/day | $736.53 Million | $16.66 Million | ▼ -215 days |
| 2022 | 464 days | $1.87 Billion | $4.04 Million/day | $982.11 Million | $16.15 Million | ▲ +67 days |
| 2021 | 397 days | $1.54 Billion | $3.88 Million/day | $613.53 Million | $21.16 Million | ▼ -204 days |
| 2020 | 601 days | $2.48 Billion | $4.12 Million/day | $1.71 Billion | $17.34 Million | ▲ +177 days |
| 2019 | 423 days | $1.28 Billion | $3.03 Million/day | $672.90 Million | $14.74 Million | ▲ +83 days |
| 2018 | 341 days | $1.06 Billion | $3.12 Million/day | $459.14 Million | $0.00 | ▼ -33 days |
| 2017 | 374 days | $1.08 Billion | $2.90 Million/day | $444.12 Million | $0.00 | ▲ +19 days |
| 2016 | 355 days | $1.02 Billion | $2.89 Million/day | $415.14 Million | $0.00 | ▲ +171 days |
| 2015 | 184 days | $611.82 Million | $3.33 Million/day | $- | $0.00 | ▼ -59 days |
| 2014 | 243 days | $635.20 Million | $2.62 Million/day | $- | $0.00 | ▼ -14 days |
| 2013 | 257 days | $551.50 Million | $2.15 Million/day | $- | $0.00 | ▼ -22 days |
| 2012 | 279 days | $600.89 Million | $2.15 Million/day | $- | $77.39 Million | ▲ +16 days |
| 2011 | 263 days | $561.61 Million | $2.13 Million/day | $- | $76.08 Million | ▲ +101 days |
| 2010 | 162 days | $490.06 Million | $3.02 Million/day | $- | $50.59 Million | ▼ -36 days |
| 2009 | 198 days | $372.29 Million | $1.88 Million/day | $- | $- | ▲ +6 days |
| 2008 | 192 days | $411.01 Million | $2.14 Million/day | $- | $- | ▼ -9 days |
| 2007 | 201 days | $366.62 Million | $1.82 Million/day | $- | $- | ▼ -12 days |
| 2006 | 213 days | $341.92 Million | $1.60 Million/day | $- | $- | ▲ +1 days |
| 2005 | 212 days | $339.50 Million | $1.60 Million/day | $- | $38.50 Million | ▼ -88 days |
| 2004 | 300 days | $381.74 Million | $1.27 Million/day | $- | $109.00 Million | ▲ +59 days |
| 2003 | 241 days | $291.48 Million | $1.21 Million/day | $- | $- | ▼ -4 days |
| 2002 | 245 days | $275.46 Million | $1.12 Million/day | $- | $- | ▼ -22 days |
| 2001 | 268 days | $308.12 Million | $1.15 Million/day | $- | $- | ▼ -67 days |
| 2000 | 334 days | $313.70 Million | $938.70K/day | $- | $5.96 Million | ▲ +25 days |
| 1999 | 309 days | $326.40 Million | $1.06 Million/day | $- | $60.30 Million | ▼ -41 days |
| 1998 | 350 days | $257.00 Million | $733.42K/day | $- | $34.10 Million | ▲ +15 days |
| 1997 | 335 days | $239.50 Million | $713.97K/day | $- | $5.50 Million | ▼ -1 days |
| 1996 | 336 days | $245.50 Million | $729.86K/day | $- | $14.60 Million | ▼ -66 days |
| 1995 | 402 days | $239.90 Million | $596.71K/day | $- | $8.50 Million | ▲ +56 days |
| 1994 | 346 days | $251.10 Million | $725.75K/day | $- | $11.40 Million | ▼ -5 days |
| 1993 | 351 days | $218.50 Million | $622.19K/day | $- | $- | ▲ +18 days |
| 1992 | 333 days | $189.80 Million | $569.59K/day | $- | $- | ▼ -18 days |
| 1991 | 351 days | $192.50 Million | $548.77K/day | $- | $- | ▼ -17 days |
| 1990 | 367 days | $194.40 Million | $529.04K/day | $- | $- | ▲ +38 days |
| 1989 | 329 days | $169.50 Million | $515.07K/day | $- | $- | ▲ +65 days |
| 1988 | 264 days | $158.60 Million | $601.37K/day | $- | $- | ▲ +10 days |
| 1987 | 254 days | $151.80 Million | $597.26K/day | $- | $- | ▼ -91 days |
| 1986 | 345 days | $117.70 Million | $341.10K/day | $- | $- | ▲ +55 days |
| 1985 | 290 days | $107.80 Million | $371.23K/day | $- | $- | — |