Hershey Investments Current vs Total Debt Analysis

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 Investments Current and its Total Debt accounts. Check out Risk vs Return Analysis.

Investments Current vs Total Debt

Investments Current 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 Investments Current account and Total Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Hershey Foods' Investments Current and Total Debt is -0.58. Overlapping area represents the amount of variation of Investments Current 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' Investments Current 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 Investments Current 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 Investments Current i.e., Hershey Foods' Investments Current and Total Debt go up and down completely randomly.

Correlation Coefficient

-0.58
Relationship DirectionNegative 
Relationship StrengthVery Weak

Investments Current

The current portion of Investments; reported if the company operates a classified balance sheet that segments current and non-current assets.

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. Check out 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 B3.79 B

Hershey Foods fundamental ratios Correlations

0.830.890.780.510.77-0.080.780.60.740.680.660.84-0.27-0.270.790.710.730.710.80.82-0.70.74
0.830.830.480.150.49-0.320.550.760.410.30.370.580.00.00.520.770.370.470.740.82-0.830.48
0.890.830.680.380.68-0.060.750.560.720.50.560.69-0.09-0.090.720.620.680.640.70.73-0.790.64
0.780.480.680.560.99-0.070.960.590.960.920.970.94-0.7-0.70.990.730.970.930.820.78-0.590.92
0.510.150.380.560.440.690.44-0.070.550.690.460.53-0.22-0.220.470.080.570.380.260.26-0.220.66
0.770.490.680.990.44-0.190.970.650.950.880.970.93-0.72-0.720.990.780.950.940.850.8-0.610.89
-0.08-0.32-0.06-0.070.69-0.19-0.14-0.60.030.11-0.17-0.190.330.33-0.14-0.550.03-0.29-0.44-0.440.170.13
0.780.550.750.960.440.97-0.140.70.970.780.940.88-0.58-0.580.990.780.960.870.80.77-0.680.85
0.60.760.560.59-0.070.65-0.60.70.510.350.620.6-0.37-0.370.670.960.480.60.780.83-0.780.51
0.740.410.720.960.550.950.030.970.510.820.930.86-0.57-0.570.970.620.990.850.70.65-0.560.86
0.680.30.50.920.690.880.110.780.350.820.860.86-0.73-0.730.840.550.860.850.710.65-0.410.93
0.660.370.560.970.460.97-0.170.940.620.930.860.9-0.78-0.780.970.740.940.920.810.75-0.530.86
0.840.580.690.940.530.93-0.190.880.60.860.860.9-0.7-0.70.920.760.870.930.910.87-0.570.81
-0.270.0-0.09-0.7-0.22-0.720.33-0.58-0.37-0.57-0.73-0.78-0.71.0-0.65-0.55-0.61-0.82-0.66-0.570.18-0.56
-0.270.0-0.09-0.7-0.22-0.720.33-0.58-0.37-0.57-0.73-0.78-0.71.0-0.65-0.55-0.61-0.82-0.66-0.570.18-0.56
0.790.520.720.990.470.99-0.140.990.670.970.840.970.92-0.65-0.650.780.970.910.830.79-0.640.88
0.710.770.620.730.080.78-0.550.780.960.620.550.740.76-0.55-0.550.780.60.770.920.94-0.80.66
0.730.370.680.970.570.950.030.960.480.990.860.940.87-0.61-0.610.970.60.860.70.64-0.50.86
0.710.470.640.930.380.94-0.290.870.60.850.850.920.93-0.82-0.820.910.770.860.90.85-0.580.8
0.80.740.70.820.260.85-0.440.80.780.70.710.810.91-0.66-0.660.830.920.70.90.99-0.740.73
0.820.820.730.780.260.8-0.440.770.830.650.650.750.87-0.57-0.570.790.940.640.850.99-0.780.7
-0.7-0.83-0.79-0.59-0.22-0.610.17-0.68-0.78-0.56-0.41-0.53-0.570.180.18-0.64-0.8-0.5-0.58-0.74-0.78-0.66
0.740.480.640.920.660.890.130.850.510.860.930.860.81-0.56-0.560.880.660.860.80.730.7-0.66
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 M867.79 M766.4 M
Receivables588.26 M594.14 M568.51 M615.23 M553.71 M516.21 M
Accounts Payable523.23 M502.31 M550.83 M580.06 M522.05 M480.29 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

Hershey Foods Investors Sentiment

The influence of Hershey Foods' 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 markets does not have a solid backing from leading economists and market statisticians.
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 Foods 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 Foods' short interest history, or implied volatility extrapolated from Hershey Foods options trading.

Current Sentiment - HSY

Hershey Foods Corp Investor Sentiment

Greater number of Macroaxis users are currently bullish on Hershey Foods Corp. What is your judgment towards investing in Hershey Foods Corp? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish
Skip

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Hershey Foods Corp using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Check out Risk vs Return Analysis. Note that the Hershey Foods Corp information on this page should be used as a complementary analysis to other Hershey Foods' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Other Tools for Hershey Stock

When running Hershey Foods Corp price analysis, check to measure Hershey Foods' 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 Foods is operating at the current time. Most of Hershey Foods' value examination focuses on studying past and present price action to predict the probability of Hershey Foods' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Hershey Foods' price. Additionally, you may evaluate how the addition of Hershey Foods to your portfolios can decrease your overall portfolio volatility.
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Go
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Go
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Go