Hershey Balance Sheet Health
Financial Health criteria checks 3/6
Hershey has a total shareholder equity of $4.0B and total debt of $5.3B, which brings its debt-to-equity ratio to 133.2%. Its total assets and total liabilities are $12.4B and $8.4B respectively. Hershey's EBIT is $2.6B making its interest coverage ratio 16.3. It has cash and short-term investments of $467.1M.
Key information
133.2%
Debt to equity ratio
US$5.34b
Debt
| Interest coverage ratio | 16.3x |
| Cash | US$467.06m |
| Equity | US$4.01b |
| Total liabilities | US$8.41b |
| Total assets | US$12.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HSY *'s short term assets ($3.3B) do not cover its short term liabilities ($3.9B).
Long Term Liabilities: HSY *'s short term assets ($3.3B) do not cover its long term liabilities ($4.5B).
Debt to Equity History and Analysis
Debt Level: HSY *'s net debt to equity ratio (121.5%) is considered high.
Reducing Debt: HSY *'s debt to equity ratio has reduced from 240.4% to 133.2% over the past 5 years.
Debt Coverage: HSY *'s debt is well covered by operating cash flow (40.6%).
Interest Coverage: HSY *'s interest payments on its debt are well covered by EBIT (16.3x coverage).