SJM Quick Ratio from 2010 to 2024

SJM Stock  USD 118.55  0.85  0.72%   
JM Smucker Quick Ratio yearly trend continues to be very stable with very little volatility. Quick Ratio is likely to grow to 1.12 this year. Quick Ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. View All Fundamentals
 
Quick Ratio  
First Reported
2010-12-31
Previous Quarter
1.01
Current Value
1.12
Quarterly Volatility
0.34184987
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check JM Smucker financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SJM main balance sheet or income statement drivers, such as Depreciation And Amortization of 527.1 M, Total Revenue of 10.3 B or Gross Profit of 3.4 B, as well as many exotic indicators such as Price To Sales Ratio of 1.16, Dividend Yield of 0.0343 or PTB Ratio of 2.51. SJM financial statements analysis is a perfect complement when working with JM Smucker Valuation or Volatility modules.
  
This module can also supplement JM Smucker's financial leverage analysis and stock options assessment as well as various JM Smucker Technical models . Check out the analysis of JM Smucker Correlation against competitors.
To learn how to invest in SJM Stock, please use our How to Invest in JM Smucker guide.

Latest JM Smucker's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of JM Smucker over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. JM Smucker's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in JM Smucker's overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Pretty Stable
   Quick Ratio   
       Timeline  

SJM Quick Ratio Regression Statistics

Arithmetic Mean0.68
Geometric Mean0.60
Coefficient Of Variation50.25
Mean Deviation0.29
Median0.56
Standard Deviation0.34
Sample Variance0.12
Range1.1232
R-Value(0.14)
Mean Square Error0.12
R-Squared0.02
Significance0.62
Slope(0.01)
Total Sum of Squares1.64

SJM Quick Ratio History

2024 1.12
2023 1.01
2022 0.88
2021 0.36
2020 0.3
2019 0.59
2018 0.26

About JM Smucker Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include JM Smucker income statement, its balance sheet, and the statement of cash flows. JM Smucker investors use historical funamental indicators, such as JM Smucker's Quick Ratio, to determine how well the company is positioned to perform in the future. Although JM Smucker investors may use each financial statement separately, they are all related. The changes in JM Smucker's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on JM Smucker's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on JM Smucker Financial Statements. Understanding these patterns can help to make the right decision on long term investment in JM Smucker. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 1.01  1.12 

Currently Active Assets on Macroaxis

When determining whether JM Smucker is a strong investment it is important to analyze JM Smucker's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact JM Smucker's future performance. For an informed investment choice regarding SJM Stock, refer to the following important reports:
Check out the analysis of JM Smucker Correlation against competitors.
To learn how to invest in SJM Stock, please use our How to Invest in JM Smucker guide.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

Complementary Tools for SJM Stock analysis

When running JM Smucker's price analysis, check to measure JM Smucker's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy JM Smucker is operating at the current time. Most of JM Smucker's value examination focuses on studying past and present price action to predict the probability of JM Smucker's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JM Smucker's price. Additionally, you may evaluate how the addition of JM Smucker to your portfolios can decrease your overall portfolio volatility.
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Money Managers
Screen money managers from public funds and ETFs managed around the world
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Commodity Directory
Find actively traded commodities issued by global exchanges
Is JM Smucker's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of JM Smucker. If investors know SJM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about JM Smucker listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.42)
Dividend Share
4.2
Earnings Share
(0.82)
Revenue Per Share
78.902
Quarterly Revenue Growth
0.006
The market value of JM Smucker is measured differently than its book value, which is the value of SJM that is recorded on the company's balance sheet. Investors also form their own opinion of JM Smucker's value that differs from its market value or its book value, called intrinsic value, which is JM Smucker's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because JM Smucker's market value can be influenced by many factors that don't directly affect JM Smucker's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between JM Smucker's value and its price as these two are different measures arrived at by different means. Investors typically determine if JM Smucker is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JM Smucker's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.