Hershey Total Stockholder Equity vs Good Will 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 Total Stockholder Equity and its Good Will 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.

Total Stockholder Equity vs Good Will

Total Stockholder Equity vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hershey Total Stockholder Equity account and Good Will. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Hershey's Total Stockholder Equity and Good Will is 0.9. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Good Will 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 Total Stockholder Equity and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Hershey Co are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Total Stockholder Equity i.e., Hershey's Total Stockholder Equity and Good Will go up and down completely randomly.

Correlation Coefficient

0.9

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

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.

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 Profit	4.0B	4.5B	5.1B	5.3B
Total Revenue	9.0B	10.4B	11.2B	5.8B

Gross Profit Total Revenue

Hershey fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock
Total Assets		0.94	0.29	0.9	0.92	0.75	0.92	-0.14	0.01	0.99	0.86	0.0	0.69	-0.62	0.95	0.96	0.39	0.5	0.98	0.58	0.76	0.96	0.93	0.77	-0.28	-0.29
Short Long Term Debt Total	0.94		0.25	0.87	0.76	0.75	0.98	-0.1	0.01	0.94	0.83	0.0	0.73	-0.68	0.97	0.87	0.4	0.41	0.98	0.58	0.81	0.92	0.8	0.6	-0.28	-0.29
Other Current Liab	0.29	0.25		0.44	0.21	0.59	0.21	0.57	0.19	0.23	0.18	0.21	0.63	-0.51	0.21	0.39	0.51	-0.33	0.31	0.58	0.35	0.14	0.33	0.11	0.33	0.33
Total Current Liabilities	0.9	0.87	0.44		0.78	0.81	0.88	0.2	-0.14	0.89	0.71	-0.15	0.8	-0.73	0.79	0.93	0.48	0.16	0.91	0.55	0.93	0.83	0.91	0.68	-0.01	-0.02
Total Stockholder Equity	0.92	0.76	0.21	0.78		0.59	0.75	-0.27	-0.07	0.92	0.79	-0.08	0.48	-0.36	0.78	0.91	0.29	0.61	0.82	0.41	0.6	0.91	0.93	0.87	-0.37	-0.38
Property Plant And Equipment Net	0.75	0.75	0.59	0.81	0.59		0.75	0.22	0.03	0.73	0.64	0.03	0.98	-0.76	0.71	0.76	0.59	0.13	0.78	0.79	0.73	0.65	0.7	0.45	-0.11	-0.1
Net Debt	0.92	0.98	0.21	0.88	0.75	0.75		-0.11	-0.17	0.94	0.81	-0.18	0.71	-0.61	0.93	0.85	0.34	0.41	0.96	0.47	0.85	0.93	0.8	0.62	-0.31	-0.31
Retained Earnings	-0.14	-0.1	0.57	0.2	-0.27	0.22	-0.11		0.06	-0.2	-0.4	0.08	0.34	-0.44	-0.2	0.02	0.49	-0.91	-0.06	0.24	0.21	-0.29	-0.01	-0.09	0.88	0.89
Cash	0.01	0.01	0.19	-0.14	-0.07	0.03	-0.17	0.06		-0.1	0.08	1.0	0.12	-0.33	0.16	-0.02	0.27	-0.05	0.05	0.61	-0.31	-0.15	-0.1	-0.24	0.14	0.15
Non Current Assets Total	0.99	0.94	0.23	0.89	0.92	0.73	0.94	-0.2	-0.1		0.88	-0.11	0.65	-0.55	0.93	0.94	0.32	0.55	0.96	0.49	0.78	0.99	0.92	0.77	-0.36	-0.37
Non Currrent Assets Other	0.86	0.83	0.18	0.71	0.79	0.64	0.81	-0.4	0.08	0.88		0.06	0.57	-0.48	0.86	0.74	0.13	0.67	0.85	0.52	0.62	0.87	0.73	0.44	-0.56	-0.56
Cash And Short Term Investments	0.0	0.0	0.21	-0.15	-0.08	0.03	-0.18	0.08	1.0	-0.11	0.06		0.12	-0.33	0.14	-0.02	0.29	-0.07	0.04	0.62	-0.31	-0.17	-0.11	-0.25	0.16	0.17
Net Receivables	0.69	0.73	0.63	0.8	0.48	0.98	0.71	0.34	0.12	0.65	0.57	0.12		-0.86	0.68	0.71	0.63	-0.01	0.76	0.83	0.71	0.56	0.64	0.35	0.04	0.04
Common Stock Shares Outstanding	-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	-0.62	0.18	-0.73	-0.81	-0.58	-0.43	-0.57	-0.26	-0.34	-0.34
Non Current Liabilities Total	0.95	0.97	0.21	0.79	0.78	0.71	0.93	-0.2	0.16	0.93	0.86	0.14	0.68	-0.68		0.86	0.36	0.5	0.97	0.64	0.67	0.91	0.79	0.6	-0.32	-0.32
Inventory	0.96	0.87	0.39	0.93	0.91	0.76	0.85	0.02	-0.02	0.94	0.74	-0.02	0.71	-0.67	0.86		0.51	0.35	0.93	0.58	0.75	0.88	0.98	0.83	-0.1	-0.11
Other Current Assets	0.39	0.4	0.51	0.48	0.29	0.59	0.34	0.49	0.27	0.32	0.13	0.29	0.63	-0.62	0.36	0.51		-0.24	0.43	0.7	0.38	0.24	0.46	0.3	0.32	0.32
Other Stockholder Equity	0.5	0.41	-0.33	0.16	0.61	0.13	0.41	-0.91	-0.05	0.55	0.67	-0.07	-0.01	0.18	0.5	0.35	-0.24		0.4	0.04	0.1	0.61	0.38	0.4	-0.91	-0.91
Total Liab	0.98	0.98	0.31	0.91	0.82	0.78	0.96	-0.06	0.05	0.96	0.85	0.04	0.76	-0.73	0.97	0.93	0.43	0.4		0.63	0.8	0.92	0.88	0.66	-0.22	-0.23
Total Current Assets	0.58	0.58	0.58	0.55	0.41	0.79	0.47	0.24	0.61	0.49	0.52	0.62	0.83	-0.81	0.64	0.58	0.7	0.04	0.63		0.38	0.4	0.49	0.2	0.05	0.05
Short Term Debt	0.76	0.81	0.35	0.93	0.6	0.73	0.85	0.21	-0.31	0.78	0.62	-0.31	0.71	-0.58	0.67	0.75	0.38	0.1	0.8	0.38		0.76	0.73	0.49	-0.07	-0.08
Intangible Assets	0.96	0.92	0.14	0.83	0.91	0.65	0.93	-0.29	-0.15	0.99	0.87	-0.17	0.56	-0.43	0.91	0.88	0.24	0.61	0.92	0.4	0.76		0.87	0.76	-0.46	-0.46
Accounts Payable	0.93	0.8	0.33	0.91	0.93	0.7	0.8	-0.01	-0.1	0.92	0.73	-0.11	0.64	-0.57	0.79	0.98	0.46	0.38	0.88	0.49	0.73	0.87		0.87	-0.13	-0.14
Property Plant And Equipment Gross	0.77	0.6	0.11	0.68	0.87	0.45	0.62	-0.09	-0.24	0.77	0.44	-0.25	0.35	-0.26	0.6	0.83	0.3	0.4	0.66	0.2	0.49	0.76	0.87		-0.12	-0.13
Common Stock Total Equity	-0.28	-0.28	0.33	-0.01	-0.37	-0.11	-0.31	0.88	0.14	-0.36	-0.56	0.16	0.04	-0.34	-0.32	-0.1	0.32	-0.91	-0.22	0.05	-0.07	-0.46	-0.13	-0.12		1.0
Common Stock	-0.29	-0.29	0.33	-0.02	-0.38	-0.1	-0.31	0.89	0.15	-0.37	-0.56	0.17	0.04	-0.34	-0.32	-0.11	0.32	-0.91	-0.23	0.05	-0.08	-0.46	-0.14	-0.13	1.0

Click cells to compare fundamentals

Hershey Account Relationship Matchups

Hershey fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.1B	9.1B	10.4B	10.9B	11.9B	12.5B
Short Long Term Debt Total	4.3B	4.6B	5.0B	4.8B	4.8B	5.1B
Other Current Liab	105K	798.8M	858.7M	839.2M	867.8M	500.3M
Total Current Liabilities	2.0B	1.9B	2.5B	3.3B	3.0B	3.2B
Total Stockholder Equity	1.7B	2.2B	2.8B	3.3B	4.1B	4.3B
Property Plant And Equipment Net	2.2B	2.3B	2.6B	2.8B	3.3B	1.8B
Net Debt	3.8B	3.5B	4.7B	4.3B	4.4B	4.6B
Retained Earnings	1.3B	1.9B	2.7B	3.6B	4.6B	3.4B
Cash	493.3M	1.1B	329.3M	463.9M	401.9M	287.9M
Non Current Assets Total	6.0B	6.2B	8.2B	8.3B	9.0B	9.4B
Non Currrent Assets Other	512M	503.5M	775.1M	812.0M	494.0M	518.7M
Cash And Short Term Investments	493.3M	1.1B	329.3M	463.9M	401.9M	290.6M
Net Receivables	568.5M	615.2M	671.5M	711.2M	823.6M	448.3M
Common Stock Shares Outstanding	210.7M	209.4M	207.8M	206.6M	205.5M	220.2M
Liabilities And Stockholders Equity	8.1B	9.1B	10.4B	10.9B	11.9B	12.5B
Non Current Liabilities Total	4.4B	5.0B	5.2B	4.4B	4.8B	5.0B
Inventory	815.3M	964.2M	988.5M	1.2B	1.3B	1.4B
Other Current Assets	154.3M	254.5M	127.7M	272.2M	345.6M	192.3M
Other Stockholder Equity	556.9M	425.7M	65.0M	(259.5M)	(454.7M)	(477.4M)
Total Liab	6.4B	6.9B	7.7B	7.6B	7.8B	8.2B
Total Current Assets	2.1B	3.0B	2.2B	2.6B	2.9B	1.6B
Short Term Debt	735.7M	512.9M	942.3M	1.4B	1.0B	1.1B
Intangible Assets	1.3B	1.3B	2.0B	2.0B	2.2B	2.4B
Accounts Payable	550.8M	580.1M	692.3M	970.6M	1.1B	1.1B
Property Plant And Equipment Gross	2.4B	2.5B	2.6B	2.8B	6.8B	7.1B
Accumulated Other Comprehensive Income	(324.0M)	(338.1M)	(249.2M)	(252.3M)	(230.1M)	(241.6M)
Other Liab	671.6M	912.5M	1.1B	753.3M	866.3M	595.7M
Other Assets	168.5M	585.3M	909.1M	985.5M	1.1B	1.2B
Long Term Debt	3.5B	4.1B	4.1B	3.3B	3.8B	2.2B
Good Will	2.0B	2.0B	2.6B	2.6B	2.7B	2.8B
Treasury Stock	(6.6B)	(591.0M)	(769.0M)	(1.2B)	(1.1B)	(1.1B)
Property Plant Equipment	2.2B	2.3B	2.6B	2.8B	3.2B	2.0B
Current Deferred Revenue	17.7M	33.8M	722.2M	29.5M	26.5M	25.2M
Net Tangible Assets	(1.6B)	(1.0B)	(1.9B)	(1.3B)	(1.1B)	(1.1B)
Noncontrolling Interest In Consolidated Entity	16.2M	8.5M	5.8M	3.5M	3.2M	3.0M
Retained Earnings Total Equity	1.3B	1.9B	2.7B	3.6B	3.2B	3.7B
Long Term Debt Total	3.5B	4.1B	4.1B	3.3B	3.8B	2.7B

Hershey Investors Sentiment

The influence of Hershey's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Hershey. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Hershey's public news can be used to forecast risks associated with an investment in Hershey. The trend in average sentiment can be used to explain how an investor holding Hershey can time the market purely based on public headlines and social activities around Hershey Co. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Hershey's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Hershey's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Hershey's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Hershey.

Hershey Implied Volatility

52.11

Hershey's implied volatility exposes the market's sentiment of Hershey Co stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Hershey's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Hershey stock will not fluctuate a lot when Hershey's options are near their expiration.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Hershey in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Hershey's short interest history, or implied volatility extrapolated from Hershey options trading.

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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:

How To Invest In Hershey

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Is Hershey Stock a good investment?

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What is Hershey's Net Worth?

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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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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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.

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Hershey Total Stockholder Equity vs Good Will Analysis

Total Stockholder Equity vs Good Will

Total Stockholder Equity vs Good Will Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Good Will

Hershey fundamental ratios Correlations

Hershey Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hershey fundamental ratios Accounts

Hershey Investors Sentiment

Hershey Implied Volatility

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Hershey Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Non Current Assets Total	+ 0.99	Total Assets
Intangible Assets	+ 0.99	Non Current Assets Total
Total Liab	+ 0.98	Total Assets
Net Debt	+ 0.98	Short Long Term Debt Total

Common Stock	- 0.91	Other Stockholder Equity
Common Stock Total Equity	- 0.91	Other Stockholder Equity
Other Stockholder Equity	- 0.91	Retained Earnings
Common Stock Shares Outstanding	- 0.86	Net Receivables
Total Current Assets	- 0.81	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.76	Property Plant And Equipment Net