Hershey Co (HSY)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 4,714,650 | 4,099,090 | 3,299,540 | 2,757,230 | 2,237,880 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $4,714,650K
= 0.00
Based on the data provided, Hershey Co maintained a consistent debt-to-equity ratio of 0.00 from December 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company had no long-term debt during this period and relied solely on equity financing to support its operations and growth. This suggests a low level of financial risk as the company did not take on debt to fund its activities. A low or zero debt-to-equity ratio can be perceived positively by investors as it reflects a strong financial position and ability to manage its capital structure effectively. However, it is essential to consider other financial metrics and factors to gain a comprehensive understanding of Hershey Co's overall financial health and performance.
Peer comparison
Dec 31, 2024