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The Hershey Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1,630 Mil. The Hershey Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $4,066 Mil. The Hershey Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $4,108 Mil. The Hershey Co's debt to equity for the quarter that ended in Mar. 2024 was 1.39.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for The Hershey Co's Debt-to-Equity or its related term are showing as below:
During the past 13 years, the highest Debt-to-Equity Ratio of The Hershey Co was 4.74. The lowest was 1.25. And the median was 2.46.
The historical data trend for The Hershey Co's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
The Hershey Co Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Debt-to-Equity | Get a 7-Day Free Trial | 2.58 | 2.16 | 1.95 | 1.55 | 1.25 |
The Hershey Co Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Debt-to-Equity | Get a 7-Day Free Trial | 1.45 | 1.43 | 1.32 | 1.25 | 1.39 |
For the Confectioners subindustry, The Hershey Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Consumer Packaged Goods industry and Consumer Defensive sector, The Hershey Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where The Hershey Co's Debt-to-Equity falls into.
Debt to Equity measures the financial leverage a company has.
The Hershey Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as
Debt to Equity | = | Total Debt | / | Total Stockholders Equity | ||
= | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | / | Total Stockholders Equity | |
= | (1059.391 | + | 4066.221) | / | 4099.086 | |
= | 1.25 |
The Hershey Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as
Debt to Equity | = | Total Debt | / | Total Stockholders Equity | ||
= | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | / | Total Stockholders Equity | |
= | (1630.297 | + | 4066.43) | / | 4108.287 | |
= | 1.39 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
The Hershey Co (NYSE:HSY) Debt-to-Equity Explanation
In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.
Be Aware
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Thank you for viewing the detailed overview of The Hershey Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Charles R Raup | officer: President, U.S. | 19 EAST CHOCOLATE AVENUE, HERSHEY PA 17033 |
Steven E Voskuil | officer: SVP, Chief Financial Officer | 5405 WINDWARD PARKWAY, ALPHARETTA GA 30004 |
Deepak Bhatia | officer: SVP, Chief Technology Officer | THE HERSHEY COMPANY, 19 EAST CHOCOLATE AVENUE, HERSHEY PA 17033 |
Pamela M Arway | director | 601 HAWAII ST., EL SEGUNDO CA 90245 |
Michele Buck | officer: SVP, Pres. US Snacks | THE HERSHEY COMPANY, 100 CRYSTAL A DRIVE, HERSHEY PA 17033 |
Hershey Trust Co Trustee In Trust For Milton Hershey School | 10 percent owner | 100 MANSION ROAD EAST, P O BOX 445, HERSHEY PA 17033 |
Jason Reiman | officer: SVP Chief Supply Chain Officer | THE HERSHEY COMPANY, 19 EAST CHOCOLATE AVENUE, HERSHEY PA 17033 |
Maria T Kraus | director | THE HERSHEY COMPANY, 19 EAST CHOCOLATE AVENUE, HERSHEY PA 17033 |
Rohit Grover | officer: President, International | THE HERSHEY COMPANY, 19 EAST CHOCOLATE AVENUE, HERSHEY PA 17033 |
Jennifer Mccalman | officer: Chief Accounting Officer | 19 EAST CHOCOLATE AVENUE, HERSHEY PA 17033 |
Robert Malcolm | director | C/O LOGITECH INTERNATIONAL S.A., RUE DU SABLON 2-4, MORGES V8 1110 |
Anthony J. Palmer | director | P.O. BOX 619100, DALLAS TX 75261-9100 |
Hershey Trust Co | 10 percent owner | 100 MANSION ROAD EAST, HERSHEY PA 17033 |
Christopher M Scalia | officer: SVP, CHRO | 19 EAST CHOCOLATE AVENUE, HERSHEY PA 17033 |
Kristen J Riggs | officer: SVP, Chief Growth Officer | 19 EAST CHOCOLATE AVENUE, HERSHEY PA 17033 |
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