The J. M. Smucker Company (SJM) — Working Capital to Net Assets Ratio
The J. M. Smucker Company (SJM) has a Working Capital to Net Assets ratio of -5.0% as of October 2025. Working capital of $-300.90 Million (current assets of $2.33 Billion minus current liabilities of $2.63 Billion) is measured against net assets of $6.06 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See SJM equity financing ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
The J. M. Smucker Company Working Capital to Net Assets (1986–2025)
This chart shows how The J. M. Smucker Company's Working Capital to Net Assets ratio has evolved across 40 annual periods from 1986 to 2025. As of October 2025, the ratio stands at -5.0%, reflecting working capital of $-300.90 Million against net assets of $6.06 Billion USD. Check SJM tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for The J. M. Smucker Company (1986–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for The J. M. Smucker Company from 1986 to 2025, covering 40 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see SJM market cap.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -8.3% | $-505.40 Million | $6.08 Billion | $2.15 Billion | $2.65 Billion | ▲ +15.0 pp |
| 2024 | -23.3% | $-1.79 Billion | $7.69 Billion | $1.97 Billion | $3.76 Billion | ▼ -35.3 pp |
| 2023 | 12.0% | $872.00 Million | $7.29 Billion | $2.86 Billion | $1.99 Billion | ▲ +11.3 pp |
| 2022 | 0.7% | $57.30 Million | $8.14 Billion | $2.01 Billion | $1.95 Billion | ▲ +12.1 pp |
| 2021 | -11.4% | $-925.80 Million | $8.12 Billion | $1.94 Billion | $2.87 Billion | ▼ -16.1 pp |
| 2020 | 4.7% | $385.60 Million | $8.19 Billion | $1.97 Billion | $1.59 Billion | ▲ +13.7 pp |
| 2019 | -9.0% | $-716.30 Million | $7.97 Billion | $1.63 Billion | $2.34 Billion | ▼ -15.6 pp |
| 2018 | 6.6% | $521.20 Million | $7.89 Billion | $1.55 Billion | $1.03 Billion | ▲ +9.4 pp |
| 2017 | -2.8% | $-190.80 Million | $6.85 Billion | $1.64 Billion | $1.83 Billion | ▼ -7.9 pp |
| 2016 | 5.1% | $360.40 Million | $7.01 Billion | $1.57 Billion | $1.21 Billion | ▼ -8.4 pp |
| 2015 | 13.6% | $961.30 Million | $7.09 Billion | $1.98 Billion | $1.02 Billion | ▲ +0.6 pp |
| 2014 | 13.0% | $653.30 Million | $5.03 Billion | $1.54 Billion | $885.80 Million | ▼ -6.4 pp |
| 2013 | 19.4% | $998.40 Million | $5.15 Billion | $1.60 Billion | $596.80 Million | ▼ -0.5 pp |
| 2012 | 19.9% | $1.03 Billion | $5.16 Billion | $1.64 Billion | $616.97 Million | ▼ -1.9 pp |
| 2011 | 21.8% | $1.15 Billion | $5.29 Billion | $1.64 Billion | $482.68 Million | ▲ +7.8 pp |
| 2010 | 14.0% | $744.73 Million | $5.33 Billion | $1.22 Billion | $478.90 Million | ▲ +7.1 pp |
| 2009 | 6.8% | $337.65 Million | $4.94 Billion | $1.40 Billion | $1.06 Billion | ▼ -23.0 pp |
| 2008 | 29.8% | $536.81 Million | $1.80 Billion | $776.21 Million | $239.40 Million | ▲ +7.4 pp |
| 2007 | 22.4% | $402.90 Million | $1.80 Billion | $639.37 Million | $236.47 Million | ▼ -1.1 pp |
| 2006 | 23.6% | $407.40 Million | $1.73 Billion | $642.84 Million | $235.44 Million | ▲ +8.9 pp |
| 2005 | 14.6% | $247.56 Million | $1.69 Billion | $555.85 Million | $308.29 Million | ▼ -8.1 pp |
| 2004 | 22.8% | $275.63 Million | $1.21 Billion | $450.85 Million | $175.22 Million | ▼ -3.9 pp |
| 2003 | 26.6% | $299.39 Million | $1.12 Billion | $466.66 Million | $167.27 Million | ▼ -44.5 pp |
| 2002 | 71.2% | $199.38 Million | $280.14 Million | $279.81 Million | $80.43 Million | ▲ +4.5 pp |
| 2001 | 66.7% | $167.18 Million | $250.78 Million | $235.24 Million | $68.06 Million | ▲ +16.5 pp |
| 2000 | 50.2% | $160.94 Million | $320.61 Million | $229.13 Million | $68.19 Million | ▲ +20.5 pp |
| 1999 | 29.7% | $98.51 Million | $331.55 Million | $186.14 Million | $87.63 Million | ▼ -8.0 pp |
| 1998 | 37.7% | $116.61 Million | $308.93 Million | $201.51 Million | $84.90 Million | ▲ +1.3 pp |
| 1997 | 36.5% | $106.50 Million | $291.90 Million | $178.50 Million | $72.00 Million | ▼ -16.7 pp |
| 1996 | 53.2% | $147.00 Million | $276.30 Million | $214.50 Million | $67.50 Million | ▲ +9.8 pp |
| 1995 | 43.4% | $112.00 Million | $258.00 Million | $191.80 Million | $79.80 Million | ▲ +5.7 pp |
| 1994 | 37.8% | $88.49 Million | $234.40 Million | $171.69 Million | $83.19 Million | ▼ -13.0 pp |
| 1993 | 50.7% | $111.90 Million | $220.50 Million | $168.40 Million | $56.50 Million | ▼ -0.1 pp |
| 1992 | 50.9% | $108.00 Million | $212.20 Million | $161.60 Million | $53.60 Million | ▲ +3.1 pp |
| 1991 | 47.8% | $91.00 Million | $190.20 Million | $141.00 Million | $50.00 Million | ▲ +3.4 pp |
| 1990 | 44.4% | $74.20 Million | $167.10 Million | $119.90 Million | $45.70 Million | ▼ -8.3 pp |
| 1989 | 52.7% | $76.20 Million | $144.50 Million | $118.10 Million | $41.90 Million | ▼ 0.0 pp |
| 1988 | 52.8% | $66.10 Million | $125.30 Million | $101.80 Million | $35.70 Million | ▼ -3.9 pp |
| 1987 | 56.7% | $60.90 Million | $107.50 Million | $96.50 Million | $35.60 Million | ▲ +2.0 pp |
| 1986 | 54.6% | $51.60 Million | $94.50 Million | $79.90 Million | $28.30 Million | — |