Hershey Co (HSY)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 3,759,460 | 2,912,100 | 2,620,410 | 2,246,210 | 2,977,900 |
| Total current liabilities | US$ in thousands | 3,929,500 | 3,008,350 | 3,257,150 | 2,493,310 | 1,891,740 |
| Current ratio | 0.96 | 0.97 | 0.80 | 0.90 | 1.57 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $3,759,460K ÷ $3,929,500K
= 0.96
The current ratio of Hershey Co has experienced fluctuations over the past five years, ranging from 0.80 to 1.57. A current ratio below 1 indicates that the company may have difficulties meeting its short-term liabilities with its current assets alone. In the most recent year, as of December 31, 2024, the current ratio stands at 0.96, suggesting a slight improvement compared to the previous year. However, it is important to note that the ratio is still below 1, which may raise concerns about the company's liquidity position. Further analysis and monitoring of Hershey Co's current assets and liabilities are recommended to assess its ability to meet its short-term obligations.
Peer comparison
Dec 31, 2024