Hershey Net Income vs Depreciation And Amortization Analysis

HSY Stock

USD 245.82 58.84 31.47%

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 Income and its Depreciation And Amortization 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 Income vs Depreciation And Amortization

Net Income vs Depreciation And Amortization Correlation Analysis

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

The correlation between Hershey's Net Income and Depreciation And Amortization is 0.76. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Depreciation And Amortization 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 Income and Depreciation And Amortization 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 Income of Hershey Co are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Net Income i.e., Hershey's Net Income and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.76

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Hershey financial statement analysis. It represents the amount of money remaining after all of Hershey Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

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		0.94	0.29	0.9	0.92	0.75	0.92	-0.14	0.01	0.99	0.86	0.0	0.69	-0.62	0.95	0.96	0.39	0.5	0.98	0.58	0.76	0.96	0.93	0.77	-0.28	-0.29
Short Long Term Debt Total	0.94		0.25	0.87	0.76	0.75	0.98	-0.1	0.01	0.94	0.84	0.0	0.73	-0.68	0.97	0.87	0.4	0.41	0.98	0.58	0.81	0.92	0.8	0.6	-0.28	-0.29
Other Current Liab	0.29	0.25		0.44	0.21	0.59	0.21	0.57	0.19	0.23	0.18	0.21	0.63	-0.51	0.21	0.39	0.51	-0.33	0.31	0.58	0.35	0.14	0.33	0.11	0.33	0.33
Total Current Liabilities	0.9	0.87	0.44		0.78	0.81	0.88	0.2	-0.14	0.89	0.71	-0.15	0.8	-0.73	0.79	0.93	0.48	0.16	0.91	0.55	0.93	0.83	0.91	0.68	-0.01	-0.02
Total Stockholder Equity	0.92	0.76	0.21	0.78		0.59	0.75	-0.27	-0.07	0.92	0.79	-0.08	0.48	-0.36	0.78	0.91	0.29	0.61	0.82	0.41	0.6	0.91	0.93	0.87	-0.37	-0.38
Property Plant And Equipment Net	0.75	0.75	0.59	0.81	0.59		0.75	0.22	0.03	0.73	0.64	0.03	0.98	-0.76	0.71	0.76	0.59	0.13	0.78	0.79	0.73	0.65	0.7	0.45	-0.11	-0.1
Net Debt	0.92	0.98	0.21	0.88	0.75	0.75		-0.11	-0.17	0.94	0.81	-0.18	0.71	-0.61	0.93	0.85	0.34	0.41	0.96	0.47	0.85	0.93	0.8	0.62	-0.31	-0.31
Retained Earnings	-0.14	-0.1	0.57	0.2	-0.27	0.22	-0.11		0.06	-0.2	-0.4	0.08	0.34	-0.44	-0.2	0.02	0.49	-0.91	-0.06	0.24	0.21	-0.29	-0.01	-0.09	0.88	0.89
Cash	0.01	0.01	0.19	-0.14	-0.07	0.03	-0.17	0.06		-0.1	0.07	1.0	0.12	-0.33	0.16	-0.02	0.27	-0.05	0.05	0.61	-0.31	-0.15	-0.1	-0.24	0.14	0.15
Non Current Assets Total	0.99	0.94	0.23	0.89	0.92	0.73	0.94	-0.2	-0.1		0.88	-0.11	0.65	-0.55	0.93	0.94	0.32	0.55	0.96	0.49	0.78	0.99	0.92	0.77	-0.36	-0.37
Non Currrent Assets Other	0.86	0.84	0.18	0.71	0.79	0.64	0.81	-0.4	0.07	0.88		0.05	0.57	-0.47	0.86	0.74	0.14	0.67	0.85	0.52	0.63	0.87	0.73	0.44	-0.56	-0.56
Cash And Short Term Investments	0.0	0.0	0.21	-0.15	-0.08	0.03	-0.18	0.08	1.0	-0.11	0.05		0.12	-0.33	0.14	-0.02	0.29	-0.07	0.04	0.62	-0.31	-0.17	-0.11	-0.25	0.16	0.17
Net Receivables	0.69	0.73	0.63	0.8	0.48	0.98	0.71	0.34	0.12	0.65	0.57	0.12		-0.86	0.68	0.71	0.63	-0.01	0.76	0.83	0.71	0.56	0.64	0.35	0.04	0.04
Common Stock Shares Outstanding	-0.62	-0.68	-0.51	-0.73	-0.36	-0.76	-0.61	-0.44	-0.33	-0.55	-0.47	-0.33	-0.86		-0.68	-0.67	-0.62	0.18	-0.73	-0.81	-0.58	-0.43	-0.57	-0.26	-0.34	-0.34
Non Current Liabilities Total	0.95	0.97	0.21	0.79	0.78	0.71	0.93	-0.2	0.16	0.93	0.86	0.14	0.68	-0.68		0.86	0.36	0.5	0.97	0.64	0.67	0.91	0.79	0.6	-0.32	-0.32
Inventory	0.96	0.87	0.39	0.93	0.91	0.76	0.85	0.02	-0.02	0.94	0.74	-0.02	0.71	-0.67	0.86		0.51	0.35	0.93	0.58	0.75	0.88	0.98	0.83	-0.1	-0.11
Other Current Assets	0.39	0.4	0.51	0.48	0.29	0.59	0.34	0.49	0.27	0.32	0.14	0.29	0.63	-0.62	0.36	0.51		-0.24	0.43	0.7	0.38	0.24	0.46	0.3	0.32	0.32
Other Stockholder Equity	0.5	0.41	-0.33	0.16	0.61	0.13	0.41	-0.91	-0.05	0.55	0.67	-0.07	-0.01	0.18	0.5	0.35	-0.24		0.4	0.04	0.1	0.61	0.38	0.4	-0.91	-0.91
Total Liab	0.98	0.98	0.31	0.91	0.82	0.78	0.96	-0.06	0.05	0.96	0.85	0.04	0.76	-0.73	0.97	0.93	0.43	0.4		0.63	0.8	0.92	0.88	0.66	-0.22	-0.23
Total Current Assets	0.58	0.58	0.58	0.55	0.41	0.79	0.47	0.24	0.61	0.49	0.52	0.62	0.83	-0.81	0.64	0.58	0.7	0.04	0.63		0.38	0.4	0.49	0.2	0.05	0.05
Short Term Debt	0.76	0.81	0.35	0.93	0.6	0.73	0.85	0.21	-0.31	0.78	0.63	-0.31	0.71	-0.58	0.67	0.75	0.38	0.1	0.8	0.38		0.76	0.73	0.49	-0.07	-0.08
Intangible Assets	0.96	0.92	0.14	0.83	0.91	0.65	0.93	-0.29	-0.15	0.99	0.87	-0.17	0.56	-0.43	0.91	0.88	0.24	0.61	0.92	0.4	0.76		0.87	0.76	-0.46	-0.46
Accounts Payable	0.93	0.8	0.33	0.91	0.93	0.7	0.8	-0.01	-0.1	0.92	0.73	-0.11	0.64	-0.57	0.79	0.98	0.46	0.38	0.88	0.49	0.73	0.87		0.87	-0.13	-0.14
Property Plant And Equipment Gross	0.77	0.6	0.11	0.68	0.87	0.45	0.62	-0.09	-0.24	0.77	0.44	-0.25	0.35	-0.26	0.6	0.83	0.3	0.4	0.66	0.2	0.49	0.76	0.87		-0.12	-0.13
Common Stock Total Equity	-0.28	-0.28	0.33	-0.01	-0.37	-0.11	-0.31	0.88	0.14	-0.36	-0.56	0.16	0.04	-0.34	-0.32	-0.1	0.32	-0.91	-0.22	0.05	-0.07	-0.46	-0.13	-0.12		1.0
Common Stock	-0.29	-0.29	0.33	-0.02	-0.38	-0.1	-0.31	0.89	0.15	-0.37	-0.56	0.17	0.04	-0.34	-0.32	-0.11	0.32	-0.91	-0.23	0.05	-0.08	-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	4.6B	5.0B	4.8B	4.8B	5.1B
Other Current Liab	105K	798.8M	858.7M	839.2M	867.8M	500.3M
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	3.3B	1.8B
Net Debt	3.8B	3.5B	4.7B	4.3B	4.4B	4.6B
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	494.0M	518.7M
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	127.7M	272.2M	345.6M	192.3M
Other Stockholder Equity	556.9M	425.7M	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	512.9M	942.3M	1.4B	1.0B	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	17.7M	33.8M	722.2M	29.5M	26.5M	25.2M
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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Hershey Net Income vs Depreciation And Amortization Analysis

Net Income vs Depreciation And Amortization

Net Income vs Depreciation And Amortization Correlation Analysis

Correlation Coefficient

Net Income

Depreciation And Amortization

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

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
Intangible Assets	+ 0.99	Non Current Assets Total
Total Liab	+ 0.98	Total Assets
Net Debt	+ 0.98	Short Long Term Debt Total

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
Common Stock Shares Outstanding	- 0.76	Property Plant And Equipment Net