Hershey Good Will vs Long Term Debt Total Analysis

HSY Stock  USD 186.16  0.99  0.53%   
Hershey financial indicator trend analysis is much more than just examining Hershey latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hershey is a good investment. Please check the relationship between Hershey Good Will and its Long Term Debt Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hershey Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

Good Will vs Long Term Debt Total

Good Will vs Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hershey Good Will account and Long Term Debt Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Hershey's Good Will and Long Term Debt Total is 0.87. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Long Term Debt Total in the same time period over historical financial statements of Hershey Co, assuming nothing else is changed. The correlation between historical values of Hershey's Good Will and Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Hershey Co are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Good Will i.e., Hershey's Good Will and Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Long Term Debt Total

Most indicators from Hershey's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hershey 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hershey Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
Enterprise Value is likely to rise to about 12.7 B in 2024, whereas Selling General Administrative is likely to drop slightly above 1.5 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit4.0B4.5B5.1B5.3B
Total Revenue9.0B10.4B11.2B5.8B

Hershey fundamental ratios Correlations

0.940.290.90.920.750.92-0.140.010.990.860.00.69-0.620.950.960.390.50.980.580.760.960.930.77-0.28-0.29
0.940.250.870.760.750.98-0.10.010.940.830.00.73-0.680.970.870.40.410.980.580.810.920.80.6-0.28-0.29
0.290.250.440.210.590.210.570.190.230.180.210.63-0.510.210.390.51-0.330.310.580.350.140.330.110.330.33
0.90.870.440.780.810.880.2-0.140.890.71-0.150.8-0.730.790.930.480.160.910.550.930.830.910.68-0.01-0.02
0.920.760.210.780.590.75-0.27-0.070.920.79-0.080.48-0.360.780.910.290.610.820.410.60.910.930.87-0.37-0.38
0.750.750.590.810.590.750.220.030.730.640.030.98-0.760.710.760.590.130.780.790.730.650.70.45-0.11-0.1
0.920.980.210.880.750.75-0.11-0.170.940.81-0.180.71-0.610.930.850.340.410.960.470.850.930.80.62-0.31-0.31
-0.14-0.10.570.2-0.270.22-0.110.06-0.2-0.40.080.34-0.44-0.20.020.49-0.91-0.060.240.21-0.29-0.01-0.090.880.89
0.010.010.19-0.14-0.070.03-0.170.06-0.10.081.00.12-0.330.16-0.020.27-0.050.050.61-0.31-0.15-0.1-0.240.140.15
0.990.940.230.890.920.730.94-0.2-0.10.88-0.110.65-0.550.930.940.320.550.960.490.780.990.920.77-0.36-0.37
0.860.830.180.710.790.640.81-0.40.080.880.060.57-0.480.860.740.130.670.850.520.620.870.730.44-0.56-0.56
0.00.00.21-0.15-0.080.03-0.180.081.0-0.110.060.12-0.330.14-0.020.29-0.070.040.62-0.31-0.17-0.11-0.250.160.17
0.690.730.630.80.480.980.710.340.120.650.570.12-0.860.680.710.63-0.010.760.830.710.560.640.350.040.04
-0.62-0.68-0.51-0.73-0.36-0.76-0.61-0.44-0.33-0.55-0.48-0.33-0.86-0.68-0.67-0.620.18-0.73-0.81-0.58-0.43-0.57-0.26-0.34-0.34
0.950.970.210.790.780.710.93-0.20.160.930.860.140.68-0.680.860.360.50.970.640.670.910.790.6-0.32-0.32
0.960.870.390.930.910.760.850.02-0.020.940.74-0.020.71-0.670.860.510.350.930.580.750.880.980.83-0.1-0.11
0.390.40.510.480.290.590.340.490.270.320.130.290.63-0.620.360.51-0.240.430.70.380.240.460.30.320.32
0.50.41-0.330.160.610.130.41-0.91-0.050.550.67-0.07-0.010.180.50.35-0.240.40.040.10.610.380.4-0.91-0.91
0.980.980.310.910.820.780.96-0.060.050.960.850.040.76-0.730.970.930.430.40.630.80.920.880.66-0.22-0.23
0.580.580.580.550.410.790.470.240.610.490.520.620.83-0.810.640.580.70.040.630.380.40.490.20.050.05
0.760.810.350.930.60.730.850.21-0.310.780.62-0.310.71-0.580.670.750.380.10.80.380.760.730.49-0.07-0.08
0.960.920.140.830.910.650.93-0.29-0.150.990.87-0.170.56-0.430.910.880.240.610.920.40.760.870.76-0.46-0.46
0.930.80.330.910.930.70.8-0.01-0.10.920.73-0.110.64-0.570.790.980.460.380.880.490.730.870.87-0.13-0.14
0.770.60.110.680.870.450.62-0.09-0.240.770.44-0.250.35-0.260.60.830.30.40.660.20.490.760.87-0.12-0.13
-0.28-0.280.33-0.01-0.37-0.11-0.310.880.14-0.36-0.560.160.04-0.34-0.32-0.10.32-0.91-0.220.05-0.07-0.46-0.13-0.121.0
-0.29-0.290.33-0.02-0.38-0.1-0.310.890.15-0.37-0.560.170.04-0.34-0.32-0.110.32-0.91-0.230.05-0.08-0.46-0.14-0.131.0
Click cells to compare fundamentals

Hershey Account Relationship Matchups

Hershey fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.1B9.1B10.4B10.9B11.9B12.5B
Short Long Term Debt Total4.3B4.6B5.0B4.8B4.8B5.1B
Other Current Liab105K798.8M858.7M839.2M867.8M500.3M
Total Current Liabilities2.0B1.9B2.5B3.3B3.0B3.2B
Total Stockholder Equity1.7B2.2B2.8B3.3B4.1B4.3B
Property Plant And Equipment Net2.2B2.3B2.6B2.8B3.3B1.8B
Net Debt3.8B3.5B4.7B4.3B4.4B4.6B
Retained Earnings1.3B1.9B2.7B3.6B4.6B3.4B
Cash493.3M1.1B329.3M463.9M401.9M287.9M
Non Current Assets Total6.0B6.2B8.2B8.3B9.0B9.4B
Non Currrent Assets Other512M503.5M775.1M812.0M494.0M518.7M
Cash And Short Term Investments493.3M1.1B329.3M463.9M401.9M290.6M
Net Receivables568.5M615.2M671.5M711.2M823.6M448.3M
Common Stock Shares Outstanding210.7M209.4M207.8M206.6M205.5M220.2M
Liabilities And Stockholders Equity8.1B9.1B10.4B10.9B11.9B12.5B
Non Current Liabilities Total4.4B5.0B5.2B4.4B4.8B5.0B
Inventory815.3M964.2M988.5M1.2B1.3B1.4B
Other Current Assets154.3M254.5M127.7M272.2M345.6M192.3M
Other Stockholder Equity556.9M425.7M65.0M(259.5M)(454.7M)(477.4M)
Total Liab6.4B6.9B7.7B7.6B7.8B8.2B
Total Current Assets2.1B3.0B2.2B2.6B2.9B1.6B
Short Term Debt735.7M512.9M942.3M1.4B1.0B1.1B
Intangible Assets1.3B1.3B2.0B2.0B2.2B2.4B
Accounts Payable550.8M580.1M692.3M970.6M1.1B1.1B
Property Plant And Equipment Gross2.4B2.5B2.6B2.8B6.8B7.1B
Accumulated Other Comprehensive Income(324.0M)(338.1M)(249.2M)(252.3M)(230.1M)(241.6M)
Other Liab671.6M912.5M1.1B753.3M866.3M595.7M
Other Assets168.5M585.3M909.1M985.5M1.1B1.2B
Long Term Debt3.5B4.1B4.1B3.3B3.8B2.2B
Good Will2.0B2.0B2.6B2.6B2.7B2.8B
Treasury Stock(6.6B)(591.0M)(769.0M)(1.2B)(1.1B)(1.1B)
Property Plant Equipment2.2B2.3B2.6B2.8B3.2B2.0B
Current Deferred Revenue17.7M33.8M722.2M29.5M26.5M25.2M
Net Tangible Assets(1.6B)(1.0B)(1.9B)(1.3B)(1.1B)(1.1B)
Noncontrolling Interest In Consolidated Entity16.2M8.5M5.8M3.5M3.2M3.0M
Retained Earnings Total Equity1.3B1.9B2.7B3.6B3.2B3.7B
Long Term Debt Total3.5B4.1B4.1B3.3B3.8B2.7B

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When determining whether Hershey offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hershey's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hershey Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hershey Co Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hershey Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

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When running Hershey's price analysis, check to measure Hershey'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 Hershey is operating at the current time. Most of Hershey's value examination focuses on studying past and present price action to predict the probability of Hershey's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hershey's price. Additionally, you may evaluate how the addition of Hershey to your portfolios can decrease your overall portfolio volatility.
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Is Hershey'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 Hershey. If investors know Hershey 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 Hershey 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
(0.12)
Dividend Share
4.456
Earnings Share
9.07
Revenue Per Share
54.533
Quarterly Revenue Growth
0.002
The market value of Hershey is measured differently than its book value, which is the value of Hershey that is recorded on the company's balance sheet. Investors also form their own opinion of Hershey's value that differs from its market value or its book value, called intrinsic value, which is Hershey'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 Hershey's market value can be influenced by many factors that don't directly affect Hershey'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 Hershey's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hershey is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hershey'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.