Hershey Co (HSY) — Cash Flow-to-Debt Ratio
Hershey Co (HSY) has a Cash Flow-to-Debt Ratio of 0.05x as of March 2026, meaning its operating cash flow of $468.81 Million could theoretically repay 0% of its total liabilities ($9.11 Billion) in one year. See Hershey Co (HSY) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Hershey Co Cash Flow-to-Debt Ratio (1989–2025)
Historical debt coverage capacity for Hershey Co across 37 annual periods. Also explore HSY shareholders equity momentum to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Hershey Co (1989–2025)
Year-by-year debt coverage analysis for Hershey Co. For market capitalisation and broader financial context, see market value of Hershey Co.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.25x | $2.28 Billion | $9.10 Billion | ▼ -18.7% |
| 2024 | 0.31x | $2.53 Billion | $8.23 Billion | ▲ +3.3% |
| 2023 | 0.30x | $2.32 Billion | $7.80 Billion | ▼ -2.2% |
| 2022 | 0.30x | $2.33 Billion | $7.65 Billion | ▲ +11.8% |
| 2021 | 0.27x | $2.08 Billion | $7.66 Billion | ▲ +10.4% |
| 2020 | 0.25x | $1.70 Billion | $6.89 Billion | ▼ -10.6% |
| 2019 | 0.28x | $1.76 Billion | $6.40 Billion | ▲ +8.5% |
| 2018 | 0.25x | $1.60 Billion | $6.30 Billion | ▼ -6.0% |
| 2017 | 0.27x | $1.25 Billion | $4.62 Billion | ▲ +29.1% |
| 2016 | 0.21x | $983.48 Million | $4.70 Billion | ▼ -25.9% |
| 2015 | 0.28x | $1.21 Billion | $4.30 Billion | ▲ +38.4% |
| 2014 | 0.20x | $838.22 Million | $4.10 Billion | ▼ -35.7% |
| 2013 | 0.32x | $1.19 Billion | $3.74 Billion | ▲ +7.5% |
| 2012 | 0.30x | $1.09 Billion | $3.71 Billion | ▲ +80.0% |
| 2011 | 0.16x | $580.87 Million | $3.54 Billion | ▼ -39.3% |
| 2010 | 0.27x | $901.42 Million | $3.34 Billion | ▼ -26.1% |
| 2009 | 0.37x | $1.07 Billion | $2.91 Billion | ▲ +131.2% |
| 2008 | 0.16x | $519.56 Million | $3.28 Billion | ▼ -26.4% |
| 2007 | 0.21x | $778.84 Million | $3.62 Billion | ▲ +3.3% |
| 2006 | 0.21x | $723.19 Million | $3.47 Billion | ▲ +47.6% |
| 2005 | 0.14x | $461.76 Million | $3.27 Billion | ▼ -52.1% |
| 2004 | 0.29x | $797.45 Million | $2.71 Billion | ▲ +14.4% |
| 2003 | 0.26x | $592.94 Million | $2.30 Billion | ▼ -13.2% |
| 2002 | 0.30x | $625.34 Million | $2.11 Billion | ▼ -11.8% |
| 2001 | 0.34x | $706.40 Million | $2.10 Billion | ▲ +85.4% |
| 2000 | 0.18x | $412.21 Million | $2.27 Billion | ▲ +24.4% |
| 1999 | 0.15x | $327.70 Million | $2.25 Billion | ▼ -11.7% |
| 1998 | 0.17x | $389.70 Million | $2.36 Billion | ▼ -15.6% |
| 1997 | 0.20x | $476.90 Million | $2.44 Billion | ▼ -14.6% |
| 1996 | 0.23x | $463.70 Million | $2.02 Billion | ▼ -19.1% |
| 1995 | 0.28x | $494.90 Million | $1.75 Billion | ▲ +21.7% |
| 1994 | 0.23x | $337.30 Million | $1.45 Billion | ▼ -11.4% |
| 1993 | 0.26x | $378.90 Million | $1.44 Billion | ▲ +7.1% |
| 1992 | 0.25x | $296.20 Million | $1.21 Billion | ▼ -28.9% |
| 1991 | 0.35x | $347.30 Million | $1.01 Billion | ▲ +36.1% |
| 1990 | 0.25x | $211.80 Million | $835.30 Million | ▼ -33.5% |
| 1989 | 0.38x | $265.60 Million | $697.00 Million | — |