Hershey Inventory vs Total Debt Analysis

HSY
 Stock
  

USD 221.00  5.84  2.71%   

Hershey Foods financial indicator trend analysis is much more than just examining Hershey Foods Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hershey Foods Corp is a good investment. Please check the relationship between Hershey Foods Inventory and its Total Debt accounts. Please check Risk vs Return Analysis.

Inventory vs Total Debt

Inventory vs Total Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hershey Foods Corp Inventory account and Total Debt. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Hershey Foods' Inventory and Total Debt is 0.88. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Debt in the same time period over historical financial statements of Hershey Foods Corp, assuming nothing else is changed. The correlation between historical values of Hershey Foods' Inventory and Total Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Hershey Foods Corp are associated (or correlated) with its Total Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Debt has no effect on the direction of Inventory i.e., Hershey Foods' Inventory and Total Debt go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Inventory

A component of Total Assets representing the amount after valuation and reserves of inventory expected to be sold; or consumed within one year or operating cycle; if longer.

Total Debt

Total Debt of Hershey Foods Corp is a combination of both Hershey Foods short-term and long-term liabilities. Short-term debts are those that must be paid back within a year. This type of debt applies to things like lines of credit or short-term term bonds. Long-term debt of Hershey Foods Corp includes liability that must be paid off in more than a year. This typically includes large senior debts like mortgages, bonds, as well as business loans or leases. A component of Total Liabilities representing the total amount of current and non-current debt owed. Includes secured and unsecured bonds issued; commercial paper; notes payable; credit facilities; lines of credit; capital lease obligations; operating lease obligations; and convertible notes.
Most indicators from Hershey Foods fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hershey Foods Corp 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. Please check Risk vs Return Analysis.Hershey Foods Selling General and Administrative Expense is fairly stable at the moment as compared to the past year. Hershey Foods reported Selling General and Administrative Expense of 2 Billion in 2021. Net Cash Flow Investment Acquisitions and Disposals is likely to rise to about 118.3 M in 2022, whereas Net Cash Flow Business Acquisitions and Disposals is likely to drop (1.5 B) in 2022.
 2019 2020 2021 2022 (projected)
Consolidated Income1.15 B1.28 B1.48 B1.31 B
Direct Expenses4.36 B4.45 B4.92 B4.3 B

Hershey Foods fundamental ratios Correlations

0.890.910.890.490.88-0.160.850.630.810.810.790.93-0.52-0.520.880.770.820.860.880.87-0.660.81
0.890.820.720.20.74-0.420.730.830.60.580.640.8-0.4-0.40.740.910.580.760.930.96-0.820.67
0.910.820.920.360.93-0.270.880.610.850.830.860.91-0.7-0.70.910.760.860.960.880.83-0.630.8
0.890.720.920.560.99-0.070.960.590.960.920.970.94-0.7-0.70.990.730.970.930.820.78-0.590.92
0.490.20.360.560.440.690.44-0.070.550.690.460.53-0.22-0.220.470.080.570.380.260.26-0.220.66
0.880.740.930.990.44-0.190.970.650.950.880.970.93-0.72-0.720.990.780.950.940.850.8-0.610.89
-0.16-0.42-0.27-0.070.69-0.19-0.14-0.60.030.11-0.17-0.190.330.33-0.14-0.550.03-0.29-0.44-0.440.170.13
0.850.730.880.960.440.97-0.140.70.970.780.940.88-0.58-0.580.990.780.960.870.80.77-0.680.85
0.630.830.610.59-0.070.65-0.60.70.510.350.620.6-0.37-0.370.670.960.480.60.780.83-0.780.51
0.810.60.850.960.550.950.030.970.510.820.930.86-0.57-0.570.970.620.990.850.70.65-0.560.86
0.810.580.830.920.690.880.110.780.350.820.860.86-0.73-0.730.840.550.860.850.710.65-0.410.93
0.790.640.860.970.460.97-0.170.940.620.930.860.9-0.78-0.780.970.740.940.920.810.75-0.530.86
0.930.80.910.940.530.93-0.190.880.60.860.860.9-0.7-0.70.920.760.870.930.910.87-0.570.81
-0.52-0.4-0.7-0.7-0.22-0.720.33-0.58-0.37-0.57-0.73-0.78-0.71.0-0.65-0.55-0.61-0.82-0.66-0.570.18-0.56
-0.52-0.4-0.7-0.7-0.22-0.720.33-0.58-0.37-0.57-0.73-0.78-0.71.0-0.65-0.55-0.61-0.82-0.66-0.570.18-0.56
0.880.740.910.990.470.99-0.140.990.670.970.840.970.92-0.65-0.650.780.970.910.830.79-0.640.88
0.770.910.760.730.080.78-0.550.780.960.620.550.740.76-0.55-0.550.780.60.770.920.94-0.80.66
0.820.580.860.970.570.950.030.960.480.990.860.940.87-0.61-0.610.970.60.860.70.64-0.50.86
0.860.760.960.930.380.94-0.290.870.60.850.850.920.93-0.82-0.820.910.770.860.90.85-0.580.8
0.880.930.880.820.260.85-0.440.80.780.70.710.810.91-0.66-0.660.830.920.70.90.99-0.740.73
0.870.960.830.780.260.8-0.440.770.830.650.650.750.87-0.57-0.570.790.940.640.850.99-0.780.7
-0.66-0.82-0.63-0.59-0.22-0.610.17-0.68-0.78-0.56-0.41-0.53-0.570.180.18-0.64-0.8-0.5-0.58-0.74-0.78-0.66
0.810.670.80.920.660.890.130.850.510.860.930.860.81-0.56-0.560.880.660.860.80.730.7-0.66
Click cells to compare fundamentals

Hershey Foods Account Relationship Matchups

Hershey Foods fundamental ratios Accounts

201720182019202020212022 (projected)
Inventories752.84 M784.88 M815.25 M964.21 M988.51 M838.82 M
Receivables588.26 M594.14 M568.51 M615.23 M671.46 M583.01 M
Accounts Payable523.23 M502.31 M550.83 M580.06 M692.34 M577.08 M
Accumulated Other Comprehensive Income(313.75 M)(356.78 M)(323.97 M)(338.08 M)(249.22 M)(268.89 M)
Total Assets5.55 B7.7 B8.14 B9.13 B10.41 B9.27 B
Current Assets2 B2.24 B2.12 B2.98 B2.25 B2.45 B
Assets Non Current3.55 B5.46 B6.02 B6.15 B8.17 B6.81 B
Cash and Equivalents380.18 M588 M493.26 M1.14 B329.27 M421.85 M
Cash and Equivalents USD380.18 M588 M493.26 M1.14 B329.27 M421.85 M
Total Debt2.92 B4.46 B4.27 B4.6 B5.03 B4.47 B
Debt Current859.46 M1.2 B735.67 M512.87 M942.27 M867.91 M
Debt Non Current2.06 B3.25 B3.53 B4.09 B4.09 B3.6 B
Total Debt USD2.92 B4.46 B4.27 B4.6 B5.03 B4.47 B
Shareholders Equity915.34 M1.4 B1.74 B2.23 B2.76 B2.28 B
Shareholders Equity USD915.34 M1.4 B1.74 B2.23 B2.76 B2.28 B
Goodwill and Intangible Assets1.19 B3.08 B3.33 B3.28 B4.67 B5.04 B
Inventory752.84 M784.88 M815.25 M964.21 M988.51 M970.01 M
Total Liabilities4.62 B6.3 B6.4 B6.89 B7.66 B6.97 B
Current Liabilities2.08 B2.42 B2.01 B1.89 B2.49 B2.42 B
Liabilities Non Current2.55 B3.88 B4.39 B5 B5.16 B4.56 B
Trade and Non Trade Payables523.23 M502.31 M550.83 M580.06 M692.34 M661.81 M
Property Plant and Equipment Net2.11 B2.13 B2.15 B2.29 B2.59 B2.56 B
Trade and Non Trade Receivables588.26 M594.14 M568.51 M615.23 M671.46 M677.29 M
Accumulated Retained Earnings Deficit6.37 B7.03 B1.29 B1.93 B2.72 B3.44 B
Tax Assets3.02 M1.17 M31.03 M29.37 M40.87 M46.65 M
Tax Liabilities63.38 M210.63 M219.94 M246.08 M291.07 M231 M

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Is Hershey Foods' 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 Foods. 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 Foods 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 YOY
0.35
Market Capitalization
45.4 B
Quarterly Revenue Growth YOY
0.16
Return On Assets
0.14
Return On Equity
0.63
The market value of Hershey Foods Corp 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 Foods' value that differs from its market value or its book value, called intrinsic value, which is Hershey Foods' 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 Foods' market value can be influenced by many factors that don't directly affect Hershey Foods' 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 Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine Hershey Foods value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hershey Foods' 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.