Hershey Selling General Administrative vs Non Recurring Analysis

HSY Stock  USD 174.09  0.80  0.46%   
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 Selling General Administrative and its Non Recurring 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.

Selling General Administrative vs Non Recurring

Selling General Administrative vs Non Recurring Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hershey Selling General Administrative account and Non Recurring. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Hershey's Selling General Administrative and Non Recurring is -0.22. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Non Recurring 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 Selling General Administrative and Non Recurring is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Hershey Co are associated (or correlated) with its Non Recurring. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Recurring has no effect on the direction of Selling General Administrative i.e., Hershey's Selling General Administrative and Non Recurring go up and down completely randomly.

Correlation Coefficient

-0.22
Relationship DirectionNegative 
Relationship StrengthInsignificant

Selling General Administrative

Non Recurring

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 Profit4.0B4.5B5.0B5.2B
Total Revenue9.0B10.4B11.2B5.8B

Hershey fundamental ratios Correlations

0.960.250.90.920.740.94-0.140.010.990.620.00.69-0.620.950.960.530.50.980.580.780.960.930.77-0.28-0.29
0.960.230.880.790.740.98-0.120.030.960.680.010.73-0.680.980.880.540.430.990.590.820.940.830.62-0.29-0.3
0.250.230.420.180.550.190.610.190.190.120.20.61-0.510.180.360.61-0.380.280.560.340.10.30.090.370.38
0.90.880.420.780.790.890.2-0.140.890.5-0.150.8-0.730.790.930.570.160.910.550.940.830.910.68-0.01-0.02
0.920.790.180.780.610.78-0.27-0.070.920.47-0.080.48-0.360.780.910.390.610.820.410.630.910.930.87-0.37-0.38
0.740.740.550.790.610.730.210.010.720.460.010.96-0.720.690.760.710.150.770.770.710.660.710.5-0.12-0.12
0.940.980.190.890.780.73-0.13-0.170.960.65-0.180.7-0.60.930.870.510.440.960.470.860.950.820.65-0.33-0.33
-0.14-0.120.610.2-0.270.21-0.130.06-0.2-0.380.080.34-0.44-0.20.020.42-0.91-0.060.240.19-0.29-0.01-0.090.880.89
0.010.030.19-0.14-0.070.01-0.170.06-0.10.171.00.12-0.330.16-0.020.2-0.050.050.61-0.3-0.15-0.1-0.240.140.15
0.990.960.190.890.920.720.96-0.2-0.10.63-0.110.65-0.550.930.940.470.550.960.490.80.990.920.77-0.36-0.37
0.620.680.120.50.470.460.65-0.380.170.630.160.49-0.430.690.450.250.550.660.490.510.620.420.03-0.55-0.55
0.00.010.2-0.15-0.080.01-0.180.081.0-0.110.160.12-0.330.14-0.020.22-0.070.040.62-0.31-0.17-0.11-0.250.160.17
0.690.730.610.80.480.960.70.340.120.650.490.12-0.860.680.710.74-0.010.760.830.720.560.640.350.040.04
-0.62-0.68-0.51-0.73-0.36-0.72-0.6-0.44-0.33-0.55-0.43-0.33-0.86-0.68-0.67-0.70.18-0.73-0.81-0.58-0.43-0.57-0.26-0.34-0.34
0.950.980.180.790.780.690.93-0.20.160.930.690.140.68-0.680.860.530.50.970.640.690.910.790.6-0.32-0.32
0.960.880.360.930.910.760.870.02-0.020.940.45-0.020.71-0.670.860.60.350.930.580.760.880.980.83-0.1-0.11
0.530.540.610.570.390.710.510.420.20.470.250.220.74-0.70.530.6-0.130.570.750.470.40.530.310.20.2
0.50.43-0.380.160.610.150.44-0.91-0.050.550.55-0.07-0.010.180.50.35-0.130.40.040.120.610.380.4-0.91-0.91
0.980.990.280.910.820.770.96-0.060.050.960.660.040.76-0.730.970.930.570.40.630.820.920.880.66-0.22-0.23
0.580.590.560.550.410.770.470.240.610.490.490.620.83-0.810.640.580.750.040.630.390.40.490.20.050.05
0.780.820.340.940.630.710.860.19-0.30.80.51-0.310.72-0.580.690.760.470.120.820.390.780.750.51-0.09-0.1
0.960.940.10.830.910.660.95-0.29-0.150.990.62-0.170.56-0.430.910.880.40.610.920.40.780.870.76-0.46-0.46
0.930.830.30.910.930.710.82-0.01-0.10.920.42-0.110.64-0.570.790.980.530.380.880.490.750.870.87-0.13-0.14
0.770.620.090.680.870.50.65-0.09-0.240.770.03-0.250.35-0.260.60.830.310.40.660.20.510.760.87-0.12-0.13
-0.28-0.290.37-0.01-0.37-0.12-0.330.880.14-0.36-0.550.160.04-0.34-0.32-0.10.2-0.91-0.220.05-0.09-0.46-0.13-0.121.0
-0.29-0.30.38-0.02-0.38-0.12-0.330.890.15-0.37-0.550.170.04-0.34-0.32-0.110.2-0.91-0.230.05-0.1-0.46-0.14-0.131.0
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Hershey Account Relationship Matchups

Hershey fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.1B9.1B10.4B10.9B11.9B12.5B
Short Long Term Debt Total4.3B4.8B5.3B5.1B5.1B5.4B
Other Current Liab105K762.2M819.6M811.7M833.3M496.4M
Total Current Liabilities2.0B1.9B2.5B3.3B3.0B3.2B
Total Stockholder Equity1.7B2.2B2.8B3.3B4.1B4.3B
Property Plant And Equipment Net2.2B2.3B2.6B2.8B3.6B1.8B
Net Debt3.8B3.6B5.0B4.6B4.7B5.0B
Retained Earnings1.3B1.9B2.7B3.6B4.6B3.4B
Cash493.3M1.1B329.3M463.9M401.9M287.9M
Non Current Assets Total6.0B6.2B8.2B8.3B9.0B9.4B
Non Currrent Assets Other512M503.5M775.1M812.0M186.1M230.0M
Cash And Short Term Investments493.3M1.1B329.3M463.9M401.9M290.6M
Net Receivables568.5M615.2M671.5M711.2M823.6M448.3M
Common Stock Shares Outstanding210.7M209.4M207.8M206.6M205.5M220.2M
Liabilities And Stockholders Equity8.1B9.1B10.4B10.9B11.9B12.5B
Non Current Liabilities Total4.4B5.0B5.2B4.4B4.8B5.0B
Inventory815.3M964.2M988.5M1.2B1.3B1.4B
Other Current Assets154.3M254.5M257.0M272.2M345.6M196.0M
Other Stockholder Equity556.9M422.2M65.0M(259.5M)(454.7M)(477.4M)
Total Liab6.4B6.9B7.7B7.6B7.8B8.2B
Total Current Assets2.1B3.0B2.2B2.6B2.9B1.6B
Short Term Debt735.7M549.4M981.4M1.5B1.1B1.1B
Intangible Assets1.3B1.3B2.0B2.0B2.2B2.4B
Accounts Payable550.8M580.1M692.3M970.6M1.1B1.1B
Property Plant And Equipment Gross2.4B2.5B2.6B2.8B6.8B7.1B
Accumulated Other Comprehensive Income(324.0M)(338.1M)(249.2M)(252.3M)(230.1M)(241.6M)
Other Liab671.6M912.5M1.1B753.3M866.3M595.7M
Other Assets168.5M585.3M909.1M985.5M1.1B1.2B
Long Term Debt3.5B4.1B4.1B3.3B3.8B2.2B
Good Will2.0B2.0B2.6B2.6B2.7B2.8B
Treasury Stock(6.6B)(591.0M)(769.0M)(1.2B)(1.1B)(1.1B)
Property Plant Equipment2.2B2.3B2.6B2.8B3.2B2.0B
Current Deferred Revenue722.2M17.1M3.1M6.7M(5.9M)(5.6M)
Net Tangible Assets(1.6B)(1.0B)(1.9B)(1.3B)(1.1B)(1.1B)
Noncontrolling Interest In Consolidated Entity16.2M8.5M5.8M3.5M3.2M3.0M
Retained Earnings Total Equity1.3B1.9B2.7B3.6B3.2B3.7B
Long Term Debt Total3.5B4.1B4.1B3.3B3.8B2.7B

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