Hershey Co (HSY)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 4,714,650 | 4,204,970 | 4,009,870 | 4,108,290 | 4,099,090 | 3,967,640 | 3,694,780 | 3,458,360 | 3,299,540 | 3,083,080 | 2,891,740 | 2,915,550 | 2,757,230 | 2,528,290 | 2,265,050 | 2,255,990 | 2,237,880 | 2,065,850 | 1,753,600 | 1,671,230 |
| Debt-to-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $4,714,650K
= 0.00
The debt-to-equity ratio for Hershey Co has consistently been 0.00 across all reported quarters from March 31, 2020, to December 31, 2024. This implies that the company has not utilized any debt in its capital structure during this period, as the ratio signifies the proportion of debt and equity used to finance the company's assets. A debt-to-equity ratio of 0.00 indicates that the company's operations are predominantly funded by equity rather than debt, reflecting a lower financial risk and a more conservative approach to leverage. This stable and low debt-to-equity ratio suggests that Hershey Co has relied on equity financing and may have chosen to avoid taking on debt to fund its operations and growth initiatives.
Peer comparison
Dec 31, 2024