Hershey Net Tangible Assets vs Net Receivables Analysis

HSY Stock

USD 189.01 2.88 1.55%

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 Net Tangible Assets and its Net Receivables 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.

Net Tangible Assets vs Net Receivables

Net Tangible Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hershey Net Tangible Assets account and Net Receivables. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Hershey's Net Tangible Assets and Net Receivables is -0.52. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Net Receivables 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 Net Tangible Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Hershey Co are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Net Tangible Assets i.e., Hershey's Net Tangible Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.52

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Net Receivables

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.

At this time, Hershey's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to rise to about 12.7 B in 2025, whereas Selling General Administrative is likely to drop slightly above 1.4 B in 2025.

	2022	2023	2024	2025 (projected)
Gross Profit	4.5B	5.0B	5.3B	5.6B
Total Revenue	10.4B	11.2B	11.2B	5.9B

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	0.56	0.93	0.94	0.94	0.93	-0.05	0.25	0.99	0.76	0.24	0.71	-0.61	0.71	0.78	0.66	0.5	0.97	0.88	0.87	0.94	0.9	0.83	-0.34	-0.35
Short Long Term Debt Total	0.96		0.57	0.87	0.8	0.85	0.98	-0.07	0.21	0.96	0.8	0.2	0.74	-0.67	0.83	0.78	0.52	0.46	0.99	0.78	0.82	0.95	0.84	0.67	-0.34	-0.35
Other Current Liab	0.56	0.57		0.62	0.41	0.61	0.54	0.49	0.19	0.53	0.39	0.2	0.92	-0.81	0.64	0.83	0.38	-0.08	0.62	0.59	0.51	0.44	0.59	0.36	0.1	0.11
Total Current Liabilities	0.93	0.87	0.62		0.87	0.96	0.86	0.21	0.13	0.91	0.64	0.13	0.71	-0.63	0.53	0.71	0.76	0.23	0.9	0.86	0.97	0.82	0.86	0.83	-0.08	-0.09
Total Stockholder Equity	0.94	0.8	0.41	0.87		0.92	0.77	-0.13	0.23	0.92	0.66	0.22	0.53	-0.36	0.5	0.66	0.72	0.57	0.84	0.84	0.82	0.86	0.84	0.92	-0.4	-0.41
Property Plant And Equipment Net	0.94	0.85	0.61	0.96	0.92		0.84	0.15	0.17	0.92	0.56	0.17	0.72	-0.61	0.54	0.75	0.77	0.3	0.9	0.89	0.89	0.82	0.89	0.91	-0.14	-0.15
Net Debt	0.93	0.98	0.54	0.86	0.77	0.84		-0.08	0.02	0.95	0.77	0.01	0.73	-0.61	0.8	0.77	0.5	0.46	0.96	0.69	0.83	0.95	0.83	0.66	-0.39	-0.4
Retained Earnings	-0.05	-0.07	0.49	0.21	-0.13	0.15	-0.08		0.04	-0.12	-0.35	0.06	0.37	-0.46	-0.1	0.18	0.21	-0.86	0.0	0.17	0.16	-0.22	0.08	0.02	0.8	0.81
Cash	0.25	0.21	0.19	0.13	0.23	0.17	0.02	0.04		0.15	0.24	1.0	0.1	-0.37	0.23	0.13	0.23	0.06	0.25	0.58	0.03	0.05	0.12	0.13	0.17	0.17
Non Current Assets Total	0.99	0.96	0.53	0.91	0.92	0.92	0.95	-0.12	0.15		0.78	0.13	0.7	-0.56	0.74	0.78	0.59	0.55	0.97	0.8	0.86	0.98	0.9	0.8	-0.42	-0.43
Non Currrent Assets Other	0.76	0.8	0.39	0.64	0.66	0.56	0.77	-0.35	0.24	0.78		0.22	0.46	-0.44	0.68	0.55	0.34	0.61	0.78	0.58	0.62	0.78	0.62	0.36	-0.47	-0.48
Cash And Short Term Investments	0.24	0.2	0.2	0.13	0.22	0.17	0.01	0.06	1.0	0.13	0.22		0.11	-0.37	0.21	0.13	0.23	0.04	0.24	0.59	0.02	0.03	0.11	0.13	0.19	0.19
Net Receivables	0.71	0.74	0.92	0.71	0.53	0.72	0.73	0.37	0.1	0.7	0.46	0.11		-0.84	0.8	0.95	0.3	0.06	0.77	0.62	0.58	0.65	0.79	0.46	-0.07	-0.06
Common Stock Shares Outstanding	-0.61	-0.67	-0.81	-0.63	-0.36	-0.61	-0.61	-0.46	-0.37	-0.56	-0.44	-0.37	-0.84		-0.69	-0.73	-0.35	0.16	-0.72	-0.68	-0.49	-0.47	-0.65	-0.29	-0.29	-0.28
Non Current Liabilities Total	0.71	0.83	0.64	0.53	0.5	0.54	0.8	-0.1	0.23	0.74	0.68	0.21	0.8	-0.69		0.85	0.1	0.44	0.81	0.52	0.43	0.78	0.69	0.31	-0.43	-0.43
Inventory	0.78	0.78	0.83	0.71	0.66	0.75	0.77	0.18	0.13	0.78	0.55	0.13	0.95	-0.73	0.85		0.32	0.3	0.81	0.66	0.59	0.76	0.87	0.55	-0.3	-0.29
Other Current Assets	0.66	0.52	0.38	0.76	0.72	0.77	0.5	0.21	0.23	0.59	0.34	0.23	0.3	-0.35	0.1	0.32		0.1	0.58	0.78	0.76	0.44	0.49	0.81	0.13	0.12
Other Stockholder Equity	0.5	0.46	-0.08	0.23	0.57	0.3	0.46	-0.86	0.06	0.55	0.61	0.04	0.06	0.16	0.44	0.3	0.1		0.42	0.24	0.23	0.62	0.37	0.39	-0.92	-0.93
Total Liab	0.97	0.99	0.62	0.9	0.84	0.9	0.96	0.0	0.25	0.97	0.78	0.24	0.77	-0.72	0.81	0.81	0.58	0.42		0.84	0.84	0.93	0.88	0.71	-0.28	-0.28
Total Current Assets	0.88	0.78	0.59	0.86	0.84	0.89	0.69	0.17	0.58	0.8	0.58	0.59	0.62	-0.68	0.52	0.66	0.78	0.24	0.84		0.76	0.67	0.76	0.79	0.01	0.0
Short Term Debt	0.87	0.82	0.51	0.97	0.82	0.89	0.83	0.16	0.03	0.86	0.62	0.02	0.58	-0.49	0.43	0.59	0.76	0.23	0.84	0.76		0.78	0.75	0.79	-0.12	-0.13
Intangible Assets	0.94	0.95	0.44	0.82	0.86	0.82	0.95	-0.22	0.05	0.98	0.78	0.03	0.65	-0.47	0.78	0.76	0.44	0.62	0.93	0.67	0.78		0.87	0.72	-0.55	-0.56
Accounts Payable	0.9	0.84	0.59	0.86	0.84	0.89	0.83	0.08	0.12	0.9	0.62	0.11	0.79	-0.65	0.69	0.87	0.49	0.37	0.88	0.76	0.75	0.87		0.75	-0.27	-0.28
Property Plant And Equipment Gross	0.83	0.67	0.36	0.83	0.92	0.91	0.66	0.02	0.13	0.8	0.36	0.13	0.46	-0.29	0.31	0.55	0.81	0.39	0.71	0.79	0.79	0.72	0.75		-0.23	-0.25
Common Stock Total Equity	-0.34	-0.34	0.1	-0.08	-0.4	-0.14	-0.39	0.8	0.17	-0.42	-0.47	0.19	-0.07	-0.29	-0.43	-0.3	0.13	-0.92	-0.28	0.01	-0.12	-0.55	-0.27	-0.23		1.0
Common Stock	-0.35	-0.35	0.11	-0.09	-0.41	-0.15	-0.4	0.81	0.17	-0.43	-0.48	0.19	-0.06	-0.28	-0.43	-0.29	0.12	-0.93	-0.28	0.0	-0.13	-0.56	-0.28	-0.25	1.0

Click cells to compare fundamentals

Hershey Account Relationship Matchups

Hershey fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	9.1B	10.4B	10.9B	11.9B	12.9B	13.6B
Short Long Term Debt Total	4.8B	5.4B	5.1B	5.1B	5.4B	5.7B
Other Current Liab	762.2M	822.4M	807.4M	833.3M	1.1B	562.6M
Total Current Liabilities	1.9B	2.5B	3.3B	3.0B	3.9B	4.1B
Total Stockholder Equity	2.2B	2.8B	3.3B	4.1B	4.7B	5.0B
Property Plant And Equipment Net	2.3B	2.6B	2.8B	3.6B	3.8B	4.0B
Net Debt	3.6B	5.0B	4.6B	4.7B	4.7B	5.0B
Retained Earnings	1.9B	2.7B	3.6B	4.6B	5.7B	3.5B
Cash	1.1B	329.3M	463.9M	401.9M	730.7M	767.3M
Non Current Assets Total	6.2B	8.2B	8.3B	9.0B	9.2B	9.6B
Non Currrent Assets Other	503.5M	775.1M	812.0M	186.1M	561.2M	589.3M
Cash And Short Term Investments	1.1B	329.3M	463.9M	401.9M	730.7M	767.3M
Net Receivables	615.2M	671.5M	711.2M	823.6M	800.4M	457.7M
Common Stock Shares Outstanding	209.4M	207.8M	206.6M	205.5M	203.5M	218.8M
Liabilities And Stockholders Equity	9.1B	10.4B	10.9B	11.9B	12.9B	13.6B
Non Current Liabilities Total	5.0B	5.2B	4.4B	4.8B	4.3B	2.2B
Inventory	964.2M	988.5M	1.2B	1.3B	1.3B	672.9M
Other Current Assets	254.5M	257.0M	272.2M	345.6M	974.2M	1.0B
Other Stockholder Equity	422.2M	65.0M	(259.5M)	(454.7M)	(901.3M)	(946.4M)
Total Liab	6.9B	7.7B	7.6B	7.8B	8.2B	8.6B
Total Current Assets	3.0B	2.2B	2.6B	2.9B	3.8B	3.9B
Short Term Debt	549.4M	978.6M	1.5B	1.1B	2.0B	2.1B
Intangible Assets	1.3B	2.0B	2.0B	2.2B	1.9B	2.0B
Accounts Payable	580.1M	692.3M	970.6M	1.1B	807.9M	848.3M
Property Plant And Equipment Gross	2.5B	2.6B	2.8B	6.8B	7.2B	7.5B
Accumulated Other Comprehensive Income	(338.1M)	(249.2M)	(252.3M)	(230.1M)	(303.9M)	(319.1M)
Other Liab	671.6M	912.5M	1.1B	753.3M	866.3M	595.7M
Other Assets	585.3M	909.1M	985.5M	230.5M	231.2M	331.8M
Long Term Debt	4.1B	4.1B	3.3B	3.8B	3.1B	2.2B
Good Will	2.0B	2.6B	2.6B	2.7B	2.7B	2.8B
Treasury Stock	(6.6B)	(591.0M)	(769.0M)	(1.2B)	(1.1B)	(1.1B)
Property Plant Equipment	2.3B	2.6B	2.8B	3.6B	3.8B	2.2B
Current Deferred Revenue	17.1M	3.1M	6.7M	(5.9M)	(5.3M)	(5.0M)
Net Tangible Assets	(1.6B)	(1.0B)	(1.9B)	(1.3B)	(1.1B)	(1.1B)
Retained Earnings Total Equity	1.3B	1.9B	2.7B	3.6B	3.2B	3.7B
Long Term Debt Total	4.1B	4.1B	3.3B	3.8B	3.2B	2.8B

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.

USOI	Credit Suisse X Links
ULTY	Tidal Trust II
CONY	YieldMax N Option

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

2025 Macroaxis LLC

Hershey Net Tangible Assets vs Net Receivables Analysis

Net Tangible Assets vs Net Receivables

Net Tangible Assets vs Net Receivables Correlation Analysis

Correlation Coefficient

Net Tangible Assets

Net Receivables

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
Net Debt	+ 0.98	Short Long Term Debt Total
Intangible Assets	+ 0.98	Non Current Assets Total

Common Stock	- 0.93	Other Stockholder Equity
Common Stock Total Equity	- 0.92	Other Stockholder Equity
Other Stockholder Equity	- 0.86	Retained Earnings
Common Stock Shares Outstanding	- 0.84	Net Receivables
Common Stock Shares Outstanding	- 0.81	Other Current Liab
Inventory	- 0.73	Common Stock Shares Outstanding