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J&J Snack Foods is Among the Companies in the Packaged Foods & Meats Industry With the Lowest Debt-to-Capital Ratio (JJSF, TR, FARM, CALM, HRL)

By James Quinn

Below are the three companies in the Packaged Foods & Meats industry with the lowest Debt-to-Capital ratios. The debt-to-capital ratio is an important measure of how a company is financing its operations along with some insight into its financial strength, relative to other companies in its industry.

J&J Snack Foods ranks lowest with a a Debt-to-Capital ratio of 25.0%. Tootsie Roll Industries is next with a a Debt-to-Capital ratio of 114.8%. Farmer Bros ranks third lowest with a a Debt-to-Capital ratio of 133.4%.

Cal-Maine Foods follows with a a Debt-to-Capital ratio of 271.2%, and Hormel Foods rounds out the bottom five with a a Debt-to-Capital ratio of 531.8%.

SmarTrend recommended that its subscribers protect gains by selling shares of Hormel Foods on February 1st, 2016 by issuing a Downtrend alert when the shares were trading at $40.64. Since that call, shares of Hormel Foods have fallen 16.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest debt-to-capital ratio j&j snack foods tootsie roll industries farmer bros cal-maine foods Hormel Foods

Ticker(s): JJSF TR FARM CALM HRL