Hershey Co (HSY)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 12,946,900 | 12,621,400 | 12,415,700 | 12,389,800 | 11,902,900 | 11,935,700 | 11,525,700 | 11,111,500 | 10,948,800 | 10,832,900 | 10,588,900 | 10,645,000 | 10,412,200 | 9,439,180 | 8,883,860 | 9,038,130 | 9,131,840 | 9,255,030 | 8,911,070 | 8,855,440 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $12,946,900K
= 0.00
The debt-to-assets ratio of Hershey Co has remained consistently at 0.00% from March 2020 to December 2024. This indicates that the company does not have any debt relative to its total assets during this period. A debt-to-assets ratio of 0.00% suggests that Hershey Co relies more on equity financing rather than debt financing to fund its operations and investments, which can be viewed positively as it indicates lower financial risk and strong financial stability.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-assets ratio
Hershey Co
HSY
0.00
John B Sanfilippo & Son Inc
JBSS
0.01
Tootsie Roll Industries Inc
TR
0.00