Hershey Total Other Income Expense Net vs Non Recurring 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 Total Other Income Expense Net 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.

Total Other Income Expense Net vs Non Recurring

Total Other Income Expense Net vs Non Recurring Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hershey Total Other Income Expense Net account and Non Recurring. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Hershey's Total Other Income Expense Net and Non Recurring is -0.63. Overlapping area represents the amount of variation of Total Other Income Expense Net 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 Total Other Income Expense Net 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 Total Other Income Expense Net 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 Total Other Income Expense Net i.e., Hershey's Total Other Income Expense Net and Non Recurring go up and down completely randomly.

Correlation Coefficient

-0.63
Relationship DirectionNegative 
Relationship StrengthWeak

Total Other Income Expense Net

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 1.5 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit4.0B4.5B5.1B5.3B
Total Revenue9.0B10.4B11.2B5.8B

Hershey fundamental ratios Correlations

0.940.290.90.920.750.92-0.140.010.990.860.00.69-0.620.950.960.390.50.980.580.760.960.930.77-0.28-0.29
0.940.250.870.760.750.98-0.10.010.940.840.00.73-0.680.970.870.40.410.980.580.810.920.80.6-0.28-0.29
0.290.250.440.210.590.210.570.190.230.180.210.63-0.510.210.390.51-0.330.310.580.350.140.330.110.330.33
0.90.870.440.780.810.880.2-0.140.890.71-0.150.8-0.730.790.930.480.160.910.550.930.830.910.68-0.01-0.02
0.920.760.210.780.590.75-0.27-0.070.920.79-0.080.48-0.360.780.910.290.610.820.410.60.910.930.87-0.37-0.38
0.750.750.590.810.590.750.220.030.730.640.030.98-0.760.710.760.590.130.780.790.730.650.70.45-0.11-0.1
0.920.980.210.880.750.75-0.11-0.170.940.81-0.180.71-0.610.930.850.340.410.960.470.850.930.80.62-0.31-0.31
-0.14-0.10.570.2-0.270.22-0.110.06-0.2-0.40.080.34-0.44-0.20.020.49-0.91-0.060.240.21-0.29-0.01-0.090.880.89
0.010.010.19-0.14-0.070.03-0.170.06-0.10.071.00.12-0.330.16-0.020.27-0.050.050.61-0.31-0.15-0.1-0.240.140.15
0.990.940.230.890.920.730.94-0.2-0.10.88-0.110.65-0.550.930.940.320.550.960.490.780.990.920.77-0.36-0.37
0.860.840.180.710.790.640.81-0.40.070.880.050.57-0.470.860.740.140.670.850.520.630.870.730.44-0.56-0.56
0.00.00.21-0.15-0.080.03-0.180.081.0-0.110.050.12-0.330.14-0.020.29-0.070.040.62-0.31-0.17-0.11-0.250.160.17
0.690.730.630.80.480.980.710.340.120.650.570.12-0.860.680.710.63-0.010.760.830.710.560.640.350.040.04
-0.62-0.68-0.51-0.73-0.36-0.76-0.61-0.44-0.33-0.55-0.47-0.33-0.86-0.68-0.67-0.620.18-0.73-0.81-0.58-0.43-0.57-0.26-0.34-0.34
0.950.970.210.790.780.710.93-0.20.160.930.860.140.68-0.680.860.360.50.970.640.670.910.790.6-0.32-0.32
0.960.870.390.930.910.760.850.02-0.020.940.74-0.020.71-0.670.860.510.350.930.580.750.880.980.83-0.1-0.11
0.390.40.510.480.290.590.340.490.270.320.140.290.63-0.620.360.51-0.240.430.70.380.240.460.30.320.32
0.50.41-0.330.160.610.130.41-0.91-0.050.550.67-0.07-0.010.180.50.35-0.240.40.040.10.610.380.4-0.91-0.91
0.980.980.310.910.820.780.96-0.060.050.960.850.040.76-0.730.970.930.430.40.630.80.920.880.66-0.22-0.23
0.580.580.580.550.410.790.470.240.610.490.520.620.83-0.810.640.580.70.040.630.380.40.490.20.050.05
0.760.810.350.930.60.730.850.21-0.310.780.63-0.310.71-0.580.670.750.380.10.80.380.760.730.49-0.07-0.08
0.960.920.140.830.910.650.93-0.29-0.150.990.87-0.170.56-0.430.910.880.240.610.920.40.760.870.76-0.46-0.46
0.930.80.330.910.930.70.8-0.01-0.10.920.73-0.110.64-0.570.790.980.460.380.880.490.730.870.87-0.13-0.14
0.770.60.110.680.870.450.62-0.09-0.240.770.44-0.250.35-0.260.60.830.30.40.660.20.490.760.87-0.12-0.13
-0.28-0.280.33-0.01-0.37-0.11-0.310.880.14-0.36-0.560.160.04-0.34-0.32-0.10.32-0.91-0.220.05-0.07-0.46-0.13-0.121.0
-0.29-0.290.33-0.02-0.38-0.1-0.310.890.15-0.37-0.560.170.04-0.34-0.32-0.110.32-0.91-0.230.05-0.08-0.46-0.14-0.131.0
Click cells to compare fundamentals

Hershey Account Relationship Matchups

Hershey fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.1B9.1B10.4B10.9B11.9B12.5B
Short Long Term Debt Total4.3B4.6B5.0B4.8B4.8B5.1B
Other Current Liab105K798.8M858.7M839.2M867.8M500.3M
Total Current Liabilities2.0B1.9B2.5B3.3B3.0B3.2B
Total Stockholder Equity1.7B2.2B2.8B3.3B4.1B4.3B
Property Plant And Equipment Net2.2B2.3B2.6B2.8B3.3B1.8B
Net Debt3.8B3.5B4.7B4.3B4.4B4.6B
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 Other512M503.5M775.1M812.0M494.0M518.7M
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 Assets154.3M254.5M127.7M272.2M345.6M192.3M
Other Stockholder Equity556.9M425.7M65.0M(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 Debt735.7M512.9M942.3M1.4B1.0B1.1B
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 Revenue17.7M33.8M722.2M29.5M26.5M25.2M
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

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.

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.