Hershey Good Will vs Total Stockholder Equity Analysis

HSY Stock

USD 178.94 5.51 2.99%

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 Good Will and its Total Stockholder Equity 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.

Good Will vs Total Stockholder Equity

Good Will vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hershey Good Will account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Hershey's Good Will and Total Stockholder Equity is 0.9. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Stockholder Equity 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 Good Will and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Hershey Co are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Good Will i.e., Hershey's Good Will and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.9

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

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 1.5 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

Click cells to compare fundamentals

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	29.5M	28.0M
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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

F	Ford Motor
GM	General Motors
MSFT	Microsoft

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Hershey Good Will vs Total Stockholder Equity Analysis

Good Will vs Total Stockholder Equity

Good Will vs Total Stockholder Equity Correlation Analysis

Correlation Coefficient

Good Will

Total Stockholder Equity

Hershey fundamental ratios Correlations

Hershey Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hershey fundamental ratios Accounts

Also Currently Popular

Additional Tools for Hershey Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

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