Hershey Cash vs Common Stock Analysis

HSY Stock

USD 174.81 0.14 0.08%

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 Cash and its Common Stock 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 closely tied with the direction of predictive economic indicators such as signals in state.

Cash vs Common Stock

Cash vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hershey Cash account and Common Stock. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Hershey's Cash and Common Stock is 0.15. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock 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 Cash and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Hershey Co are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Cash i.e., Hershey's Cash and Common Stock go up and down completely randomly.

Correlation Coefficient

0.15

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Cash

Cash refers to the most liquid asset of Hershey, which is listed under current asset account on Hershey Co balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Hershey customers. The amounts must be unrestricted with restricted cash listed in a different Hershey account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Common Stock

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 closely tied 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 1.4 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		0.96	0.25	0.9	0.92	0.74	0.94	-0.14	0.01	0.99	0.62	0.0	0.69	-0.62	0.95	0.96	0.53	0.5	0.98	0.58	0.78	0.96	0.93	0.77	-0.28	-0.29
Short Long Term Debt Total	0.96		0.23	0.88	0.79	0.74	0.98	-0.12	0.03	0.96	0.68	0.01	0.73	-0.68	0.98	0.88	0.54	0.43	0.99	0.59	0.82	0.94	0.83	0.62	-0.29	-0.3
Other Current Liab	0.25	0.23		0.42	0.17	0.55	0.19	0.61	0.19	0.19	0.12	0.2	0.6	-0.51	0.17	0.36	0.61	-0.39	0.27	0.56	0.33	0.1	0.3	0.09	0.38	0.38
Total Current Liabilities	0.9	0.88	0.42		0.78	0.79	0.89	0.2	-0.14	0.89	0.5	-0.15	0.8	-0.73	0.79	0.93	0.57	0.16	0.91	0.55	0.94	0.83	0.91	0.68	-0.01	-0.02
Total Stockholder Equity	0.92	0.79	0.17	0.78		0.61	0.78	-0.27	-0.07	0.92	0.47	-0.08	0.48	-0.36	0.78	0.91	0.39	0.61	0.82	0.41	0.63	0.91	0.93	0.87	-0.37	-0.38
Property Plant And Equipment Net	0.74	0.74	0.55	0.79	0.61		0.73	0.21	0.01	0.72	0.46	0.01	0.96	-0.72	0.69	0.76	0.71	0.15	0.77	0.77	0.71	0.66	0.71	0.5	-0.12	-0.12
Net Debt	0.94	0.98	0.19	0.89	0.78	0.73		-0.13	-0.17	0.96	0.65	-0.18	0.7	-0.6	0.93	0.87	0.51	0.44	0.96	0.47	0.86	0.95	0.82	0.65	-0.33	-0.33
Retained Earnings	-0.14	-0.12	0.61	0.2	-0.27	0.21	-0.13		0.06	-0.2	-0.38	0.08	0.34	-0.44	-0.2	0.02	0.42	-0.91	-0.06	0.24	0.19	-0.29	-0.01	-0.09	0.88	0.89
Cash	0.01	0.03	0.19	-0.14	-0.07	0.01	-0.17	0.06		-0.1	0.17	1.0	0.12	-0.33	0.16	-0.02	0.2	-0.05	0.05	0.61	-0.3	-0.15	-0.1	-0.24	0.14	0.15
Non Current Assets Total	0.99	0.96	0.19	0.89	0.92	0.72	0.96	-0.2	-0.1		0.63	-0.11	0.65	-0.55	0.93	0.94	0.47	0.55	0.96	0.49	0.8	0.99	0.92	0.77	-0.36	-0.37
Non Currrent Assets Other	0.62	0.68	0.12	0.5	0.47	0.46	0.65	-0.38	0.17	0.63		0.16	0.49	-0.43	0.69	0.45	0.25	0.55	0.66	0.49	0.51	0.62	0.42	0.03	-0.55	-0.55
Cash And Short Term Investments	0.0	0.01	0.2	-0.15	-0.08	0.01	-0.18	0.08	1.0	-0.11	0.16		0.12	-0.33	0.14	-0.02	0.22	-0.07	0.04	0.62	-0.31	-0.17	-0.11	-0.25	0.16	0.17
Net Receivables	0.69	0.73	0.6	0.8	0.48	0.96	0.7	0.34	0.12	0.65	0.49	0.12		-0.86	0.68	0.71	0.74	-0.01	0.76	0.83	0.72	0.56	0.64	0.35	0.04	0.04
Common Stock Shares Outstanding	-0.62	-0.68	-0.51	-0.73	-0.36	-0.72	-0.6	-0.44	-0.33	-0.55	-0.43	-0.33	-0.86		-0.68	-0.67	-0.7	0.18	-0.73	-0.81	-0.58	-0.43	-0.57	-0.26	-0.34	-0.34
Non Current Liabilities Total	0.95	0.98	0.17	0.79	0.78	0.69	0.93	-0.2	0.16	0.93	0.69	0.14	0.68	-0.68		0.86	0.53	0.5	0.97	0.64	0.69	0.91	0.79	0.6	-0.32	-0.32
Inventory	0.96	0.88	0.36	0.93	0.91	0.76	0.87	0.02	-0.02	0.94	0.45	-0.02	0.71	-0.67	0.86		0.6	0.35	0.93	0.58	0.77	0.88	0.98	0.83	-0.1	-0.11
Other Current Assets	0.53	0.54	0.61	0.57	0.39	0.71	0.51	0.42	0.2	0.47	0.25	0.22	0.74	-0.7	0.53	0.6		-0.13	0.57	0.75	0.48	0.4	0.53	0.31	0.2	0.2
Other Stockholder Equity	0.5	0.43	-0.39	0.16	0.61	0.15	0.44	-0.91	-0.05	0.55	0.55	-0.07	-0.01	0.18	0.5	0.35	-0.13		0.4	0.04	0.12	0.61	0.38	0.4	-0.91	-0.91
Total Liab	0.98	0.99	0.27	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	0.57	0.4		0.63	0.82	0.92	0.88	0.66	-0.22	-0.23
Total Current Assets	0.58	0.59	0.56	0.55	0.41	0.77	0.47	0.24	0.61	0.49	0.49	0.62	0.83	-0.81	0.64	0.58	0.75	0.04	0.63		0.39	0.4	0.49	0.2	0.05	0.05
Short Term Debt	0.78	0.82	0.33	0.94	0.63	0.71	0.86	0.19	-0.3	0.8	0.51	-0.31	0.72	-0.58	0.69	0.77	0.48	0.12	0.82	0.39		0.78	0.75	0.51	-0.09	-0.1
Intangible Assets	0.96	0.94	0.1	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	0.4	0.61	0.92	0.4	0.78		0.87	0.76	-0.46	-0.46
Accounts Payable	0.93	0.83	0.3	0.91	0.93	0.71	0.82	-0.01	-0.1	0.92	0.42	-0.11	0.64	-0.57	0.79	0.98	0.53	0.38	0.88	0.49	0.75	0.87		0.87	-0.13	-0.14
Property Plant And Equipment Gross	0.77	0.62	0.09	0.68	0.87	0.5	0.65	-0.09	-0.24	0.77	0.03	-0.25	0.35	-0.26	0.6	0.83	0.31	0.4	0.66	0.2	0.51	0.76	0.87		-0.12	-0.13
Common Stock Total Equity	-0.28	-0.29	0.38	-0.01	-0.37	-0.12	-0.33	0.88	0.14	-0.36	-0.55	0.16	0.04	-0.34	-0.32	-0.1	0.2	-0.91	-0.22	0.05	-0.09	-0.46	-0.13	-0.12		1.0
Common Stock	-0.29	-0.3	0.38	-0.02	-0.38	-0.12	-0.33	0.89	0.15	-0.37	-0.55	0.17	0.04	-0.34	-0.32	-0.11	0.2	-0.91	-0.23	0.05	-0.1	-0.46	-0.14	-0.13	1.0

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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	4.3B	4.8B	5.3B	5.1B	5.1B	5.4B
Other Current Liab	105K	762.2M	819.6M	811.7M	827.4M	496.2M
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	3.8B	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	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	257.0M	272.2M	345.6M	196.0M
Other Stockholder Equity	556.9M	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	735.7M	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
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	722.2M	17.1M	3.1M	6.7M	(5.9M)	(5.6M)
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

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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.

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Hershey Cash vs Common Stock Analysis

Cash vs Common Stock

Cash vs Common Stock Correlation Analysis

Correlation Coefficient

Cash

Common Stock

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
Common Stock	+ 1.0	Common Stock Total Equity
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
Total Liab	+ 0.98	Total Assets

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
Total Liab	- 0.73	Common Stock Shares Outstanding