Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the debt to assets ratio high or low?
The debt to assets ratio of 40.15% is 12% below its 5-year average of 45.43%, near the low end of its 5-year range (38.71%–51.63%).
As of the fiscal period ended Sunday, June 28, 2026. 1.79% below its 12-month average of 40.89%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-28): 40.15%.
DEBT TO ASSETS RATIO
40.15%
DEBT TO ASSETS RATIO AVG TTM
40.89%
DEBT TO ASSETS RATIO AVG 3Y
43.18%
DEBT TO ASSETS RATIO AVG 5Y
45.43%
DEBT TO ASSETS RATIO AVG 10Y
50.82%
DEBT TO ASSETS RATIO AVG 15Y
47.79%
DEBT TO ASSETS RATIO AVG 20Y
47.83%
CURRENT VS TTM AVG
-1.79%
CURRENT VS 3Y AVG
-7.01%
CURRENT VS 5Y AVG
-11.61%
CURRENT VS 10Y AVG
-20.99%
CURRENT VS 15Y AVG
-15.99%
CURRENT VS 20Y AVG
-16.04%
SECTOR MEDIAN · CONSUMER DEFENSIVE
0.38%
median of 52 covered companies
CURRENT VS SECTOR MEDIAN
+10607.62%
vs the sector median at left
The Hershey Company
Market Cap
$34.92B
Debt to Assets Ratio
40.15%
TTM Avg
40.89%
3Y Avg
43.18%
5Y Avg
45.43%
Market Cap
$34.84B
Debt to Assets Ratio
0.47%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$32.68B
Debt to Assets Ratio
0.35%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$29.48B
Debt to Assets Ratio
0.26%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$41.67B
Debt to Assets Ratio
0.17%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$27.58B
Debt to Assets Ratio
0.49%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The Hershey Company (HSY) | $34.92B | 40.15% | 40.89% | 43.18% | 45.43% |
| The Estée Lauder Companies Inc. (EL)vs › | $34.84B | 0.47% | N/A | N/A | N/A |
| Kenvue Inc. (KVUE)vs › | $34.40B | 0.32% | N/A | N/A | N/A |
| Kimberly-Clark Corporation (KMB)vs › | $32.68B | 0.35% | N/A | N/A | N/A |
| The Kroger Co. (KR)vs › | $37.67B | 0.49% | N/A | N/A | N/A |
| Sysco Corporation (SYY)vs › | $37.82B | 0.53% | N/A | N/A | N/A |
| The Kraft Heinz Company (KHC)vs › | $29.48B | 0.26% | N/A | N/A | N/A |
| Archer-Daniels-Midland Company (ADM)vs › | $41.67B | 0.17% | N/A | N/A | N/A |
| Dollar General Corporation (DG)vs › | $27.58B | 0.49% | N/A | N/A | N/A |
| Keurig Dr Pepper Inc. (KDP)vs › | $43.33B | 0.39% | N/A | N/A | N/A |
Debt/Assets
40.2%
Debt/Equity
1.23
Current Ratio
1.18
Interest Coverage
6.8x
Formula: Debt/Assets = Total Debt / Total Assets × 100
Debt/Assets vs Debt/Equity:
Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.
Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | DEBT TO ASSETS RATIO |
|---|---|
| 2026-06-28 | 40.15% |
| 2026-03-29 | 38.71% |
| 2025-12-31 | 39.32% |
| 2025-09-28 | 42.27% |
| 2025-06-29 | 43.98% |
| 2025-03-30 | 45.04% |
| 2024-12-31 | 42.08% |
| 2024-09-29 | 44.72% |
| 2024-06-30 | 46.41% |
| 2024-03-31 | 45.98% |
| 2023-12-31 | 43.06% |
| 2023-10-01 | 43.84% |
| 2023-07-02 | 45.80% |
| 2023-04-02 | 45.22% |
| 2022-12-31 | 46.74% |
| 2022-10-02 | 48.13% |
| 2022-07-03 | 50.46% |
| 2022-04-03 | 49.92% |
| 2021-12-31 | 51.63% |
| 2021-10-03 | 49.80% |
| 2021-07-04 | 50.73% |
| 2021-04-04 | 52.30% |
| 2020-12-31 | 52.79% |
| 2020-09-27 | 55.65% |
| 2020-06-28 | 59.41% |
| 2020-03-29 | 59.75% |
| 2019-12-31 | 55.03% |
| 2019-09-29 | 55.98% |
| 2019-06-30 | 55.83% |
| 2019-03-31 | 58.78% |
| 2018-12-31 | 57.87% |
| 2018-09-30 | 60.06% |
| 2018-07-01 | 62.13% |
| 2018-04-01 | 62.86% |
| 2017-12-31 | 52.59% |
| 2017-10-01 | 56.05% |
| 2017-07-02 | 55.24% |
| 2017-04-02 | 53.13% |
| 2016-12-31 | 53.95% |
| 2016-10-02 | 55.17% |
| 2016-07-03 | 55.11% |
| 2016-04-03 | 48.85% |
| 2015-12-31 | 45.29% |
| 2015-10-04 | 49.17% |
| 2015-07-05 | 44.30% |
| 2015-04-05 | 42.73% |
| 2014-12-31 | 38.69% |
| 2014-09-28 | 41.58% |
| 2014-06-29 | 38.44% |
| 2014-03-30 | 36.41% |
| 2013-12-31 | 36.62% |
| 2013-09-29 | 37.54% |
| 2013-06-30 | 40.39% |
| 2013-03-31 | 39.07% |
| 2012-12-31 | 40.10% |
| 2012-09-30 | 41.70% |
| 2012-07-01 | 42.53% |
| 2012-04-01 | 43.33% |
| 2011-12-31 | 42.79% |
| 2011-10-02 | 39.66% |
| 2011-07-03 | 42.56% |
| 2011-04-03 | 43.13% |
| 2010-12-31 | 42.77% |
| 2010-10-03 | 39.30% |
| 2010-07-04 | 42.61% |
| 2010-04-04 | 42.13% |
| 2009-12-31 | 41.96% |
| 2009-10-04 | 46.29% |
| 2009-07-05 | 50.56% |
| 2009-04-05 | 53.62% |
| 2008-12-31 | 55.23% |
| 2008-09-28 | 50.55% |
| 2008-06-29 | 47.82% |
| 2008-03-30 | 49.37% |
| 2007-12-31 | 50.30% |
| 2007-09-30 | 53.25% |
| 2007-07-01 | 51.87% |
| 2007-04-01 | 49.21% |
| 2006-12-31 | 50.32% |
| 2006-10-01 | 50.10% |
| 2006-07-02 | 48.15% |
| 2006-04-02 | 43.56% |
| 2005-12-31 | 41.02% |
| 2005-10-02 | 44.24% |
| 2005-07-03 | 40.91% |
| 2005-04-01 | 37.28% |
| 2004-12-31 | 34.57% |
| 2004-10-03 | 40.46% |
| 2004-07-04 | 29.66% |
| 2004-04-30 | 27.46% |
| 2003-12-31 | 27.38% |
| 2003-09-28 | 33.02% |
| 2003-06-29 | 27.40% |
| 2003-03-31 | 26.53% |
| 2002-12-31 | 25.28% |
| 2002-09-29 | 25.45% |
