Current Ratio
since 2005
Calculation
Hershey Co., current ratio, long-term trends, calculation
| Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| Dec 31, 2022 | 0.80 | = | 2,620,406) | ÷ | 3,257,154) |
| Dec 31, 2021 | 0.90 | = | 2,246,206) | ÷ | 2,493,313) |
| Dec 31, 2020 | 1.57 | = | 2,977,905) | ÷ | 1,891,745) |
| Dec 31, 2019 | 1.05 | = | 2,117,102) | ÷ | 2,008,793) |
| Dec 31, 2018 | 0.93 | = | 2,239,181) | ÷ | 2,418,566) |
| Dec 31, 2017 | 0.96 | = | 2,001,910) | ÷ | 2,076,543) |
| Dec 31, 2016 | 0.95 | = | 1,816,778) | ÷ | 1,909,443) |
| Dec 31, 2015 | 0.83 | = | 1,848,598) | ÷ | 2,217,912) |
| Dec 31, 2014 | 1.16 | = | 2,247,047) | ÷ | 1,935,647) |
| Dec 31, 2013 | 1.77 | = | 2,487,334) | ÷ | 1,408,022) |
| Dec 31, 2012 | 1.44 | = | 2,113,485) | ÷ | 1,471,110) |
| Dec 31, 2011 | 1.74 | = | 2,046,558) | ÷ | 1,173,775) |
| Dec 31, 2010 | 1.54 | = | 2,005,217) | ÷ | 1,298,845) |
| Dec 31, 2009 | 1.52 | = | 1,385,434) | ÷ | 910,628) |
| Dec 31, 2008 | 1.06 | = | 1,344,945) | ÷ | 1,270,212) |
| Dec 31, 2007 | 0.88 | = | 1,426,574) | ÷ | 1,618,770) |
| Dec 31, 2006 | 0.98 | = | 1,417,812) | ÷ | 1,453,538) |
| Dec 31, 2005 | 0.93 | = | 1,408,940) | ÷ | 1,518,223) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in thousands
Comparison to Competitors
Hershey Co., current ratio, long-term trends, comparison to competitors
| Hershey Co. | Altria Group Inc. | Coca-Cola Co. | PepsiCo Inc. | Philip Morris International Inc. | |
|---|---|---|---|---|---|
| Dec 31, 2022 | 0.80 | 0.84 | 1.15 | 0.80 | 0.72 |
| Dec 31, 2021 | 0.90 | 0.71 | 1.13 | 0.83 | 0.92 |
| Dec 31, 2020 | 1.57 | 0.79 | 1.32 | 0.98 | 1.10 |
| Dec 31, 2019 | 1.05 | 0.59 | 0.76 | 0.86 | 1.09 |
| Dec 31, 2018 | 0.93 | 0.20 | 1.05 | 0.99 | 1.13 |
| Dec 31, 2017 | 0.96 | 0.64 | 1.34 | 1.51 | 1.35 |
| Dec 31, 2016 | 0.95 | 0.98 | 1.28 | 1.28 | 1.07 |
| Dec 31, 2015 | 0.83 | 0.86 | 1.24 | 1.31 | 1.03 |
| Dec 31, 2014 | 1.16 | 0.90 | 1.02 | 1.14 | 1.02 |
| Dec 31, 2013 | 1.77 | 0.93 | 1.13 | 1.24 | 0.99 |
| Dec 31, 2012 | 1.44 | 0.76 | 1.09 | 1.10 | 0.97 |
| Dec 31, 2011 | 1.74 | 0.89 | 1.05 | 0.96 | 1.00 |
| Dec 31, 2010 | 1.54 | 0.86 | 1.17 | 1.11 | 1.07 |
| Dec 31, 2009 | 1.52 | 0.72 | 1.28 | 1.44 | 1.31 |
| Dec 31, 2008 | 1.06 | 1.55 | 0.94 | 1.23 | 1.47 |
| Dec 31, 2007 | 0.88 | 1.22 | 0.92 | 1.31 | — |
| Dec 31, 2006 | 0.98 | 1.03 | 0.95 | 1.33 | — |
| Dec 31, 2005 | 0.93 | 0.99 | 1.04 | 1.11 | — |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Food, Beverage & Tobacco)
Hershey Co., current ratio, long-term trends, comparison to sector (food, beverage & tobacco)
| Hershey Co. | Food, Beverage & Tobacco | |
|---|---|---|
| Dec 31, 2022 | 0.80 | 0.86 |
| Dec 31, 2021 | 0.90 | 0.92 |
| Dec 31, 2020 | 1.57 | 1.06 |
| Dec 31, 2019 | 1.05 | 0.85 |
| Dec 31, 2018 | 0.93 | 0.85 |
| Dec 31, 2017 | 0.96 | 1.33 |
| Dec 31, 2016 | 0.95 | 1.20 |
| Dec 31, 2015 | 0.83 | 1.17 |
| Dec 31, 2014 | 1.16 | 1.04 |
| Dec 31, 2013 | 1.77 | 1.10 |
| Dec 31, 2012 | 1.44 | 1.03 |
| Dec 31, 2011 | 1.74 | 1.00 |
| Dec 31, 2010 | 1.54 | 1.09 |
| Dec 31, 2009 | 1.52 | 1.21 |
| Dec 31, 2008 | 1.06 | 1.25 |
| Dec 31, 2007 | 0.88 | 1.14 |
| Dec 31, 2006 | 0.98 | 1.06 |
| Dec 31, 2005 | 0.93 | 1.02 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Consumer Staples)
Hershey Co., current ratio, long-term trends, comparison to industry (consumer staples)
| Hershey Co. | Consumer Staples | |
|---|---|---|
| Dec 31, 2022 | 0.80 | 0.89 |
| Dec 31, 2021 | 0.90 | 0.93 |
| Dec 31, 2020 | 1.57 | 0.93 |
| Dec 31, 2019 | 1.05 | 0.84 |
| Dec 31, 2018 | 0.93 | 0.84 |
| Dec 31, 2017 | 0.96 | 1.05 |
| Dec 31, 2016 | 0.95 | 1.08 |
| Dec 31, 2015 | 0.83 | 1.07 |
| Dec 31, 2014 | 1.16 | 0.98 |
| Dec 31, 2013 | 1.77 | 0.98 |
| Dec 31, 2012 | 1.44 | 0.98 |
| Dec 31, 2011 | 1.74 | 0.99 |
| Dec 31, 2010 | 1.54 | 1.01 |
| Dec 31, 2009 | 1.52 | 1.01 |
| Dec 31, 2008 | 1.06 | 1.00 |
| Dec 31, 2007 | 0.88 | 0.98 |
| Dec 31, 2006 | 0.98 | 1.06 |
| Dec 31, 2005 | 0.93 | 0.99 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).