SJM Accounts Payable vs Common Stock Total Equity Analysis

SJM Stock  USD 118.00  2.09  1.74%   
JM Smucker financial indicator trend analysis is infinitely more than just investigating JM Smucker recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JM Smucker is a good investment. Please check the relationship between JM Smucker Accounts Payable and its Common Stock Total Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in JM Smucker. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
To learn how to invest in SJM Stock, please use our How to Invest in JM Smucker guide.

Accounts Payable vs Common Stock Total Equity

Accounts Payable vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JM Smucker Accounts Payable account and Common Stock Total Equity. At this time, the significance of the direction appears to have very week relationship.
The correlation between JM Smucker's Accounts Payable and Common Stock Total Equity is 0.22. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of JM Smucker, assuming nothing else is changed. The correlation between historical values of JM Smucker's Accounts Payable and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of JM Smucker are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Accounts Payable i.e., JM Smucker's Accounts Payable and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.22
Relationship DirectionPositive 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents JM Smucker obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of JM Smucker are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from JM Smucker's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JM Smucker current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in JM Smucker. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
To learn how to invest in SJM Stock, please use our How to Invest in JM Smucker guide.As of the 29th of November 2024, Enterprise Value is likely to grow to about 18.7 B, while Selling General Administrative is likely to drop about 46.6 M.
 2021 2022 2023 2024 (projected)
Total Revenue8.0B8.5B8.2B8.6B
Depreciation And Amortization459.1M431M430.8M452.3M

JM Smucker fundamental ratios Correlations

0.950.90.80.940.910.930.750.081.00.180.070.930.50.950.770.420.930.980.740.630.980.730.371.00.65
0.950.880.840.790.911.00.61-0.130.960.05-0.10.90.270.960.620.310.80.990.570.740.940.70.590.960.47
0.90.880.940.810.960.860.780.170.890.360.180.980.30.790.650.140.750.90.720.720.810.90.560.890.43
0.80.840.940.660.930.840.69-0.030.810.250.020.90.10.680.490.010.580.840.540.890.720.850.70.810.24
0.940.790.810.660.790.760.850.270.920.320.20.840.70.830.830.460.970.840.80.450.910.660.080.920.78
0.910.910.960.930.790.90.720.070.90.270.110.980.260.820.680.20.740.920.720.710.810.890.650.90.42
0.931.00.860.840.760.90.58-0.190.950.01-0.160.870.240.950.590.30.770.980.520.750.930.670.610.940.45
0.750.610.780.690.850.720.580.340.740.590.260.760.420.550.540.210.690.640.640.430.680.760.140.750.47
0.08-0.130.17-0.030.270.07-0.190.340.010.560.960.20.38-0.050.250.010.22-0.050.62-0.33-0.040.32-0.410.030.27
1.00.960.890.810.920.90.950.740.010.140.00.910.470.960.730.40.920.980.680.650.980.710.41.00.63
0.180.050.360.250.320.270.010.590.560.140.470.340.160.00.330.250.160.090.510.010.080.47-0.070.130.18
0.07-0.10.180.020.20.11-0.160.260.960.00.470.210.25-0.040.2-0.030.16-0.020.62-0.31-0.080.39-0.30.010.16
0.930.90.980.90.840.980.870.760.20.910.340.210.370.830.740.220.80.920.790.670.830.890.530.910.51
0.50.270.30.10.70.260.240.420.380.470.160.250.370.420.720.450.760.350.61-0.010.510.12-0.440.480.96
0.950.960.790.680.830.820.950.55-0.050.960.0-0.040.830.420.70.490.880.970.640.540.960.60.390.950.61
0.770.620.650.490.830.680.590.540.250.730.330.20.740.720.70.620.870.690.860.290.720.530.060.720.81
0.420.310.140.010.460.20.30.210.010.40.25-0.030.220.450.490.620.520.360.46-0.110.460.1-0.250.380.57
0.930.80.750.580.970.740.770.690.220.920.160.160.80.760.880.870.520.850.80.410.920.550.060.920.85
0.980.990.90.840.840.920.980.64-0.050.980.09-0.020.920.350.970.690.360.850.650.70.960.730.530.980.53
0.740.570.720.540.80.720.520.640.620.680.510.620.790.610.640.860.460.80.650.20.620.730.050.680.67
0.630.740.720.890.450.710.750.43-0.330.650.01-0.310.67-0.010.540.29-0.110.410.70.20.610.530.690.650.13
0.980.940.810.720.910.810.930.68-0.040.980.08-0.080.830.510.960.720.460.920.960.620.610.580.30.980.67
0.730.70.90.850.660.890.670.760.320.710.470.390.890.120.60.530.10.550.730.730.530.580.540.720.22
0.370.590.560.70.080.650.610.14-0.410.4-0.07-0.30.53-0.440.390.06-0.250.060.530.050.690.30.540.38-0.25
1.00.960.890.810.920.90.940.750.031.00.130.010.910.480.950.720.380.920.980.680.650.980.720.380.63
0.650.470.430.240.780.420.450.470.270.630.180.160.510.960.610.810.570.850.530.670.130.670.22-0.250.63
Click cells to compare fundamentals

JM Smucker Account Relationship Matchups

JM Smucker fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets17.0B16.3B16.1B15.0B20.3B21.3B
Short Long Term Debt Total5.6B4.8B4.5B4.3B8.6B9.0B
Other Current Liab557.1M653.0M538M594.1M791.3M830.9M
Total Current Liabilities1.6B2.9B2.0B2.0B3.8B3.9B
Total Stockholder Equity8.2B8.1B8.1B7.3B7.7B8.1B
Property Plant And Equipment Net2.0B2.0B2.1B2.2B3.2B3.4B
Net Debt5.2B4.4B4.3B3.7B8.5B8.9B
Retained Earnings2.7B2.8B2.9B2.1B2.2B2.3B
Cash391.1M334.3M169.9M655.8M62M58.9M
Non Current Assets Total15.0B14.3B14.0B12.1B18.3B19.2B
Non Currrent Assets Other294.8M276.2M245.2M247M132.1M73.5M
Cash And Short Term Investments391.1M334.3M169.9M1.1B62M58.9M
Net Receivables551.4M533.7M524.7M597.6M736.5M773.3M
Common Stock Shares Outstanding113.4M112M107.9M106.2M104.2M69.5M
Liabilities And Stockholders Equity17.0B16.3B16.1B15.0B20.3B21.3B
Non Current Liabilities Total7.2B5.3B6.0B5.7B8.8B9.3B
Inventory895.3M959.9M1.1B1.0B1.0B1.1B
Other Current Assets134.9M113.8M226.2M107.7M129.5M69.6M
Other Stockholder Equity5.8B5.5B5.5B5.4B5.7B6.0B
Total Liab8.8B8.2B7.9B7.7B12.6B13.2B
Total Current Assets2.0B1.9B2.0B2.9B2.0B2.1B
Short Term Debt248M1.3B221.5M33.2M1.6B1.7B
Intangible Assets6.4B6.0B5.7B4.4B7.3B7.6B
Accounts Payable782M936.7M1.2B1.4B1.3B1.4B
Good Will6.3B6.0B6.0B5.2B7.6B8.0B
Property Plant And Equipment Gross2.1B2.1B4.1B4.2B5.3B5.6B
Accumulated Other Comprehensive Income(379M)(277.4M)(237.4M)(239.2M)(234.6M)(222.9M)
Other Liab1.7B1.8B1.7B1.3B1.5B903.2M
Other Assets107.8M276.2M245.2M120M138M111.8M
Long Term Debt5.4B3.5B4.3B4.3B6.8B7.1B
Property Plant Equipment2.0B2.0B2.1B2.2B2.6B2.7B
Net Tangible Assets8.2B8.1B(3.5B)7.3B8.4B5.5B
Retained Earnings Total Equity2.7B2.8B2.9B2.1B2.5B1.9B
Long Term Debt Total5.4B3.5B4.3B4.3B5.0B4.2B
Capital Surpluse5.8B5.5B5.5B5.4B6.2B5.8B
Deferred Long Term Liab1.4B1.3B1.3B1.1B1.3B1.6B

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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 World Market Map to better understand how to build diversified portfolios, which includes a position in JM Smucker. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
To learn how to invest in SJM Stock, please use our How to Invest in JM Smucker guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Packaged Foods & Meats space 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
(0.03)
Earnings Share
4.94
Revenue Per Share
80.881
Quarterly Revenue Growth
0.177
Return On Assets
0.0538
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.