Hershey Balance Sheet Health
Financial Health criteria checks 3/6
Hershey has a total shareholder equity of $4.2B and total debt of $5.2B, which brings its debt-to-equity ratio to 124.1%. Its total assets and total liabilities are $12.6B and $8.4B respectively. Hershey's EBIT is $2.5B making its interest coverage ratio 15.3. It has cash and short-term investments of $615.0M.
Key information
124.1%
Debt to equity ratio
US$5.22b
Debt
| Interest coverage ratio | 15.3x |
| Cash | US$614.95m |
| Equity | US$4.20b |
| Total liabilities | US$8.42b |
| Total assets | US$12.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HSYD's short term assets ($3.6B) do not cover its short term liabilities ($4.2B).
Long Term Liabilities: HSYD's short term assets ($3.6B) do not cover its long term liabilities ($4.2B).
Debt to Equity History and Analysis
Debt Level: HSYD's net debt to equity ratio (109.4%) is considered high.
Reducing Debt: HSYD's debt to equity ratio has reduced from 252.2% to 124.1% over the past 5 years.
Debt Coverage: HSYD's debt is well covered by operating cash flow (45%).
Interest Coverage: HSYD's interest payments on its debt are well covered by EBIT (15.3x coverage).