Stock Analysis on Net
Stock Analysis on Net

Hershey Co. (NYSE:HSY)

$22.49

This company has been moved to the archive! The financial data has not been updated since July 27, 2023.

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

Paying user area

Try for free

Hershey Co. pages available for free this week:

The data is hidden behind: . Unhide it.

Get access

This is a one-time payment. There is no automatic renewal.

We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Hershey Co., common-size consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

Microsoft Excel
Jul 2, 2023 Apr 2, 2023 Dec 31, 2022 Oct 2, 2022 Jul 3, 2022 Apr 3, 2022 Dec 31, 2021 Oct 3, 2021 Jul 4, 2021 Apr 4, 2021 Dec 31, 2020 Sep 27, 2020 Jun 28, 2020 Mar 29, 2020 Dec 31, 2019 Sep 29, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jul 1, 2018 Apr 1, 2018
Accounts payable
Accrued liabilities
Accrued income taxes
Short-term debt
Current portion of long-term debt
Current liabilities
Long-term portion of long-term debt
Other long-term liabilities
Deferred income taxes
Long-term liabilities
Total liabilities
Preferred stock, shares issued: none
Common stock
Class B common stock
Additional paid-in capital
Retained earnings
Treasury, common stock shares, at cost
Accumulated other comprehensive loss
Total The Hershey Company stockholders’ equity
Noncontrolling interest in subsidiary
Total stockholders’ equity
Total liabilities and stockholders’ equity

Based on: 10-Q (reporting date: 2023-07-02), 10-Q (reporting date: 2023-04-02), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-10-02), 10-Q (reporting date: 2022-07-03), 10-Q (reporting date: 2022-04-03), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-03), 10-Q (reporting date: 2021-07-04), 10-Q (reporting date: 2021-04-04), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-29), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-07-01), 10-Q (reporting date: 2018-04-01).

Accounts Payable
Accounts payable as a percentage of total liabilities and stockholders’ equity showed a general upward trend from approximately 6.37% in early 2019 to a peak near 9.04% in mid-2023, indicating increasing reliance on supplier financing or potentially extended payment terms over time.
Accrued Liabilities
Accrued liabilities experienced fluctuations but tended to decrease gradually from about 8.63% in late 2019 to approximately 7.19% by mid-2023, reflecting a modest reduction in accrued expenses relative to the company’s overall financing.
Accrued Income Taxes
Accrued income taxes remained relatively low and variable throughout the period, generally staying below 1% of total liabilities and stockholders’ equity, with occasional spikes (notably 1.22% in April 2023), suggesting intermittent timing differences in tax payments or liabilities.
Short-term Debt
Short-term debt as a proportion of total financing demonstrated notable volatility. Initially high at 30.64% in April 2018, it sharply decreased to below 1% by the end of 2019, then exhibited moderate oscillations in the following years, stabilizing around 5-7% by mid-2023, indicative of changing short-term borrowing strategies or repayments.
Current Portion of Long-term Debt
This component fluctuated significantly, with values varying between near zero and approximately 9% throughout the timeframe. The erratic pattern suggests shifts in the maturity profile of long-term debt being reclassified into current liabilities.
Current Liabilities
Current liabilities decreased substantially from above 50% in early 2018 to a low near 17.86% by mid-2021, thereafter increasing again to around 29.53% by early 2023. This pattern may reflect changes in the composition and timing of short-term obligations and working capital management.
Long-term Portion of Long-term Debt
Long-term debt showed a downward trend, from over 40% of total financing in early years to near 30% by late 2022 and early 2023, indicating potential debt repayments, refinancing, or shifts in capital structure towards shorter maturities or equity.
Other Long-term Liabilities
Other long-term liabilities remained relatively stable, oscillating between about 5.9% and 8.2%, suggesting consistency in obligations outside of debt classifications.
Deferred Income Taxes
Deferred income taxes maintained a narrow range around 2-3% of total financing, demonstrating stability in tax deferral mechanisms.
Total Long-term Liabilities
Long-term liabilities as a whole showed a peak near 56.5% around 2021, then declined gradually towards 39-44% in 2022-2023, consistent with the noted reduction in long-term debt components.
Total Liabilities
Total liabilities decreased steadily from about 86.5% in early 2018 to around 68% by mid-2023, signifying a reduction in leverage or an increase in equity financing over the period.
Common Stock
The common stock proportion declined markedly from over 4% in 2018 to about 1.45% by mid-2023, which may be influenced by share repurchases or changes in capital stock structure.
Class B Common Stock
Class B common stock gradually decreased from about 0.83% to 0.47%, showing a trend similar to common stock in terms of reduced relative equity representation.
Additional Paid-in Capital
Additional paid-in capital remained relatively stable, staying within a range of approximately 11.3% to 13.8%, indicating consistent paid-in equity capital relative to total financing.
Retained Earnings
Retained earnings displayed an unusual pattern, starting very high (~90%) in early periods but dropping sharply around late 2019 to levels near 15-36% in later years, which likely reflects an accounting reclassification or adjustment. After this adjustment, retained earnings grew steadily, reaching over 36% by mid-2023, signaling cumulative profitability retention.
Treasury Stock
Treasury stock showed a strong negative balance throughout, reflecting significant share repurchases that increased over time, expanding from approximately -85% to beyond -16% by mid-2023, which reinforces the reduction in equity accounts observed.
Accumulated Other Comprehensive Loss
This loss position narrowed gradually from about -4.8% to under -2% by mid-2023, indicating a reduction in other comprehensive losses or less volatility in items like foreign currency or pensions.
Total Stockholders’ Equity
Overall stockholders’ equity, after an accounting adjustment around late 2019, demonstrated a positive trend from about 19% to over 32% by mid-2023, reflecting strengthening equity financing and improved financial position.
Total Liabilities and Stockholders' Equity
The total sum remained consistent at 100% through all periods, ensuring proportional changes reflected adjusting balance sheet components.