Hershey Short Term Coverage Ratios from 2010 to 2024

HSY Stock  USD 175.54  0.73  0.42%   
Hershey Short Term Coverage Ratios yearly trend continues to be fairly stable with very little volatility. Short Term Coverage Ratios will likely drop to 2.15 in 2024. During the period from 2010 to 2024, Hershey Short Term Coverage Ratios regression line of annual values had r-squared of  0.29 and arithmetic mean of  3.30. View All Fundamentals
 
Short Term Coverage Ratios  
First Reported
2010-12-31
Previous Quarter
2.26675461
Current Value
2.15
Quarterly Volatility
3.39227106
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hershey financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hershey's main balance sheet or income statement drivers, such as Depreciation And Amortization of 440.8 M, Interest Expense of 169.6 M or Total Revenue of 5.8 B, as well as many indicators such as Price To Sales Ratio of 1.79, Dividend Yield of 0.0167 or PTB Ratio of 8.57. Hershey financial statements analysis is a perfect complement when working with Hershey Valuation or Volatility modules.
  
Check out the analysis of Hershey Correlation against competitors.

Latest Hershey's Short Term Coverage Ratios Growth Pattern

Below is the plot of the Short Term Coverage Ratios of Hershey Co over the last few years. It is Hershey's Short Term Coverage Ratios historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hershey's overall financial position and show how it may be relating to other accounts over time.
Short Term Coverage Ratios10 Years Trend
Slightly volatile
   Short Term Coverage Ratios   
       Timeline  

Hershey Short Term Coverage Ratios Regression Statistics

Arithmetic Mean3.30
Geometric Mean2.51
Coefficient Of Variation102.73
Mean Deviation2.09
Median2.21
Standard Deviation3.39
Sample Variance11.51
Range12.9606
R-Value(0.54)
Mean Square Error8.79
R-Squared0.29
Significance0.04
Slope(0.41)
Total Sum of Squares161.11

Hershey Short Term Coverage Ratios History

2024 2.15
2023 2.27
2022 1.61
2021 2.21
2020 3.35
2019 2.41
2018 1.33

About Hershey Financial Statements

Hershey investors use historical fundamental indicators, such as Hershey's Short Term Coverage Ratios, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Hershey. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Short Term Coverage Ratios 2.27  2.15 

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Additional Tools for Hershey Stock Analysis

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.