HSY Stock | | | USD 177.87 1.61 0.90% |
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 Debt and its Total Cash From Operating Activities 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 Debt vs Total Cash From Operating Activities
Net Debt vs Total Cash From Operating Activities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hershey Net Debt account and
Total Cash From Operating Activities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Hershey's Net Debt and Total Cash From Operating Activities is 0.92. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Cash From Operating Activities 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 Debt and Total Cash From Operating Activities 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 Debt of Hershey Co are associated (or correlated) with its Total Cash From Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Cash From Operating Activities has no effect on the direction of Net Debt i.e., Hershey's Net Debt and Total Cash From Operating Activities go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Total Cash From Operating Activities
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 1.4
B in 2024.
Hershey fundamental ratios Correlations
Click cells to compare fundamentals
Hershey Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hershey fundamental ratios Accounts
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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.