Hershey Inventory vs Short Long Term Debt Total Analysis

0J4X Stock

170.36 2.02 1.20%

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 Inventory and its Short Long Term Debt Total accounts. Check out Trending Equities 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.

Inventory vs Short Long Term Debt Total

Inventory vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hershey Inventory account and Short Long Term Debt Total. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Hershey's Inventory and Short Long Term Debt Total is 0.88. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Short 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 Inventory and Short 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 Inventory of Hershey Co are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Inventory i.e., Hershey's Inventory and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.88

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Inventory

Short 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 Trending Equities 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.

Selling General Administrative is likely to drop to about 1.7 B in 2024. Tax Provision is likely to drop to about 224.2 M in 2024

	2021	2022	2023	2024 (projected)
Total Revenue	9.0B	10.4B	11.2B	5.8B
Depreciation And Amortization	282.8M	333.3M	419.8M	440.8M

Total Revenue Depreciation And Amortization

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	Common Stock	Current Deferred Revenue	Good Will
Total Assets		0.96	0.45	0.9	0.92	0.74	0.94	-0.14	0.01	0.99	0.62	0.0	0.69	-0.62	0.94	0.96	0.01	0.5	0.98	0.58	0.78	0.96	0.93	-0.29	-0.25	0.96
Short Long Term Debt Total	0.96		0.48	0.87	0.79	0.73	0.98	-0.13	0.02	0.96	0.69	0.0	0.72	-0.67	0.98	0.88	-0.02	0.44	0.99	0.58	0.82	0.93	0.82	-0.31	-0.17	0.94
Other Current Liab	0.45	0.48		0.61	0.23	0.79	0.43	0.49	0.29	0.39	0.41	0.31	0.9	-0.87	0.46	0.5	0.51	-0.24	0.54	0.82	0.49	0.26	0.4	0.28	-0.47	0.26
Total Current Liabilities	0.9	0.87	0.61		0.78	0.79	0.88	0.2	-0.14	0.89	0.5	-0.15	0.8	-0.73	0.79	0.93	0.16	0.16	0.91	0.55	0.93	0.83	0.91	-0.02	-0.39	0.81
Total Stockholder Equity	0.92	0.79	0.23	0.78		0.61	0.78	-0.27	-0.07	0.92	0.47	-0.08	0.48	-0.36	0.78	0.91	-0.12	0.61	0.82	0.41	0.62	0.91	0.93	-0.38	-0.21	0.9
Property Plant And Equipment Net	0.74	0.73	0.79	0.79	0.61		0.73	0.21	0.01	0.72	0.46	0.01	0.96	-0.72	0.69	0.76	0.3	0.15	0.77	0.77	0.71	0.66	0.71	-0.12	-0.35	0.64
Net Debt	0.94	0.98	0.43	0.88	0.78	0.73		-0.14	-0.16	0.96	0.65	-0.17	0.7	-0.6	0.95	0.87	-0.06	0.45	0.96	0.47	0.86	0.95	0.82	-0.34	-0.14	0.95
Retained Earnings	-0.14	-0.13	0.49	0.2	-0.27	0.21	-0.14		0.06	-0.2	-0.38	0.08	0.34	-0.44	-0.21	0.02	0.58	-0.91	-0.06	0.24	0.18	-0.29	-0.01	0.89	-0.63	-0.34
Cash	0.01	0.02	0.29	-0.14	-0.07	0.01	-0.16	0.06		-0.1	0.17	1.0	0.12	-0.33	0.13	-0.02	0.21	-0.05	0.05	0.61	-0.3	-0.15	-0.1	0.15	-0.17	-0.11
Non Current Assets Total	0.99	0.96	0.39	0.89	0.92	0.72	0.96	-0.2	-0.1		0.63	-0.11	0.65	-0.55	0.93	0.94	-0.06	0.55	0.96	0.49	0.8	0.99	0.92	-0.37	-0.19	0.98
Non Currrent Assets Other	0.62	0.69	0.41	0.5	0.47	0.46	0.65	-0.38	0.17	0.63		0.16	0.49	-0.43	0.7	0.45	-0.16	0.55	0.66	0.49	0.52	0.62	0.42	-0.55	0.04	0.67
Cash And Short Term Investments	0.0	0.0	0.31	-0.15	-0.08	0.01	-0.17	0.08	1.0	-0.11	0.16		0.12	-0.33	0.11	-0.02	0.23	-0.07	0.04	0.62	-0.31	-0.17	-0.11	0.17	-0.18	-0.12
Net Receivables	0.69	0.72	0.9	0.8	0.48	0.96	0.7	0.34	0.12	0.65	0.49	0.12		-0.86	0.68	0.71	0.4	-0.01	0.76	0.83	0.72	0.56	0.63	0.04	-0.41	0.56
Common Stock Shares Outstanding	-0.62	-0.67	-0.87	-0.73	-0.36	-0.72	-0.6	-0.44	-0.33	-0.55	-0.43	-0.33	-0.86		-0.66	-0.67	-0.59	0.18	-0.73	-0.81	-0.58	-0.43	-0.57	-0.34	0.45	-0.43
Non Current Liabilities Total	0.94	0.98	0.46	0.79	0.78	0.69	0.95	-0.21	0.13	0.93	0.7	0.11	0.68	-0.66		0.86	-0.01	0.5	0.97	0.62	0.7	0.91	0.79	-0.34	-0.14	0.92
Inventory	0.96	0.88	0.5	0.93	0.91	0.76	0.87	0.02	-0.02	0.94	0.45	-0.02	0.71	-0.67	0.86		0.16	0.35	0.93	0.58	0.76	0.88	0.98	-0.11	-0.39	0.86
Other Current Assets	0.01	-0.02	0.51	0.16	-0.12	0.3	-0.06	0.58	0.21	-0.06	-0.16	0.23	0.4	-0.59	-0.01	0.16		-0.49	0.09	0.45	0.01	-0.17	0.12	0.61	-0.52	-0.19
Other Stockholder Equity	0.5	0.44	-0.24	0.16	0.61	0.15	0.45	-0.91	-0.05	0.55	0.55	-0.07	-0.01	0.18	0.5	0.35	-0.49		0.4	0.04	0.13	0.61	0.38	-0.91	0.42	0.65
Total Liab	0.98	0.99	0.54	0.91	0.82	0.77	0.96	-0.06	0.05	0.96	0.66	0.04	0.76	-0.73	0.97	0.93	0.09	0.4		0.63	0.82	0.92	0.88	-0.23	-0.25	0.92
Total Current Assets	0.58	0.58	0.82	0.55	0.41	0.77	0.47	0.24	0.61	0.49	0.49	0.62	0.83	-0.81	0.62	0.58	0.45	0.04	0.63		0.39	0.4	0.49	0.05	-0.41	0.42
Short Term Debt	0.78	0.82	0.49	0.93	0.62	0.71	0.86	0.18	-0.3	0.8	0.52	-0.31	0.72	-0.58	0.7	0.76	0.01	0.13	0.82	0.39		0.78	0.75	-0.1	-0.26	0.76
Intangible Assets	0.96	0.93	0.26	0.83	0.91	0.66	0.95	-0.29	-0.15	0.99	0.62	-0.17	0.56	-0.43	0.91	0.88	-0.17	0.61	0.92	0.4	0.78		0.87	-0.46	-0.1	0.99
Accounts Payable	0.93	0.82	0.4	0.91	0.93	0.71	0.82	-0.01	-0.1	0.92	0.42	-0.11	0.63	-0.57	0.79	0.98	0.12	0.38	0.88	0.49	0.75	0.87		-0.14	-0.35	0.84
Common Stock	-0.29	-0.31	0.28	-0.02	-0.38	-0.12	-0.34	0.89	0.15	-0.37	-0.55	0.17	0.04	-0.34	-0.34	-0.11	0.61	-0.91	-0.23	0.05	-0.1	-0.46	-0.14		-0.51	-0.51
Current Deferred Revenue	-0.25	-0.17	-0.47	-0.39	-0.21	-0.35	-0.14	-0.63	-0.17	-0.19	0.04	-0.18	-0.41	0.45	-0.14	-0.39	-0.52	0.42	-0.25	-0.41	-0.26	-0.1	-0.35	-0.51		-0.06
Good Will	0.96	0.94	0.26	0.81	0.9	0.64	0.95	-0.34	-0.11	0.98	0.67	-0.12	0.56	-0.43	0.92	0.86	-0.19	0.65	0.92	0.42	0.76	0.99	0.84	-0.51	-0.06

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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	4.4B	4.8B	5.3B	5.1B	5.1B	5.4B
Other Current Liab	693.1M	762.2M	819.6M	811.7M	833.3M	548.0M
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	3.6B	1.8B
Net Debt	4.0B	3.6B	5.0B	4.6B	4.7B	5.0B
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	186.1M	230.0M
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	446.9M
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	240.1M	254.5M	257.0M	272.2M	345.6M	229.2M
Other Stockholder Equity	551.2M	422.2M	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	764.9M	549.4M	981.4M	1.5B	1.1B	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
Accumulated Other Comprehensive Income	(324.0M)	(338.1M)	(249.2M)	(252.3M)	(230.1M)	(241.6M)
Current Deferred Revenue	722.2M	17.1M	3.1M	6.7M	(5.9M)	(5.6M)
Good Will	2.0B	2.0B	2.6B	2.6B	2.7B	2.8B
Other Liab	671.6M	730.6M	764.2M	753.3M	866.3M	738.3M
Net Tangible Assets	(1.7B)	(1.2B)	(2.2B)	(1.6B)	(1.4B)	(1.5B)
Long Term Debt	3.3B	3.5B	4.0B	4.1B	4.7B	3.7B
Property Plant Equipment	2.4B	2.5B	2.9B	3.1B	3.6B	2.8B

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Hershey Inventory vs Short Long Term Debt Total Analysis

Inventory vs Short Long Term Debt Total

Inventory vs Short Long Term Debt Total Correlation Analysis

Correlation Coefficient

Inventory

Short Long Term Debt Total

Hershey fundamental ratios Correlations

Hershey Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hershey fundamental ratios Accounts

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Additional Tools for Hershey Stock Analysis

COMMON DESTINATIONS

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COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Short Long Term Debt Total
Intangible Assets	+ 0.99	Non Current Assets Total
Good Will	+ 0.99	Intangible Assets
Total Liab	+ 0.98	Total Assets

Common Stock	- 0.91	Other Stockholder Equity
Other Stockholder Equity	- 0.91	Retained Earnings
Common Stock Shares Outstanding	- 0.87	Other Current Liab
Common Stock Shares Outstanding	- 0.86	Net Receivables
Total Current Assets	- 0.81	Common Stock Shares Outstanding
Total Liab	- 0.73	Common Stock Shares Outstanding