purpose of this financial analysis is to compare Tootsie Roll and Hershey Inc to the industry average financial ratios to determine which company will be the best investment opportunity. This analysis will evaluate and compare the company’s liquidity‚ solvency and profitability ratios from 2004. Tootsie Roll‚ Inc. and Hershey Inc are both companies well known for the selling of confectionary goods. Hershey is publicly traded under NYSE: HSY‚ Tootsie Roll under NYSE: TR. Both are listed under SIC 2064
Premium Financial ratios Financial ratio Time
to calculate the price-to-earnings valuation ratio. The EPS is somewhat helpful in comparing one company to another‚ assuming they are in the same industry‚ but it doesn’t tell you whether it’s a good stock to buy or what the market thinks of it. For that information‚ we need to look at some ratios. http://stocks.about.com/od/evaluatingstocks/a/eps1.htm Hershey In order to analyze EPS for Hershey it is necessary to look at historical data. Using the EPS as listed at www.ih.advfn.com
Premium Financial ratios Profit margin Inventory turnover
Heshery Foods versus Tootsie Rolls Financial Comparison A comparison of 2004 Hershey’s and Tootsie Roll‚ questions needed to determine which company is better off: Are the company’s operations profitable? To consider this I will be looking at the Income Statement. If the company’s revenue exceeds its expenses it will report net income or will report a net loss. This will report on the success or failure of the company’s operation by reporting its revenue and expenses. Hershey Foods reports a net
Premium Balance sheet Generally Accepted Accounting Principles Asset
The Hershey Company engages in the manufacture‚ marketing‚ distribution‚ and sale of various types of chocolate and confectionery‚ refreshment and snack products‚ and food and beverage enhancers in the United States and internationally. The Hershey Company sells its products through sales representatives and food brokers‚ primarily to wholesale distributors‚ chain grocery stores‚ mass merchandisers‚ chain drug stores‚ vending companies‚ wholesale clubs‚ convenience stores‚ dollar stores‚ concessionaires
Premium Financial ratio Financial ratios Balance sheet
favorite ghoul or storybook character and returning home with a sack full of delicious candies. There were always a variety of candy types‚ but most of these candies were usually made by two of the major companies in the industry. The Hershey Company and the Tootsie Roll Company were both well represented on this night. Both companies made so many different types of candies for young children to enjoy that the names would forever be imbedded in their minds. These treats were not just for the children
Premium Stock The Hershey Company Chocolate
Financial Statement Analysis Project--Hershey Corp. & Tootsie Roll Industries Liquidity Based on the ratio analysis performed‚ it appears that the Hershey Company’s liquidity is sufficient to meet cash needs and current obligations. The current ratio and current debt coverage ratios were decreasing from 2002 through 2004‚ which corresponds to an increase in short-term debt and a decrease in cash on the Company’s balance sheet over the same periods. Hershey attributes the increase in debt to corporate
Premium Balance sheet Financial ratio Generally Accepted Accounting Principles
Tootsie Roll‚ Inc. Sharon Ungar Lane‚ Bentley College Alan N. Hoffman‚ Bentley College INTRODUCTION: “Tootsie Roll’s good fortunes are an accumulation of many small decisions that were probably made right plus bigger key decisions‚ such as acquisitions‚ that have been made right‚ and a lot of luck.” Mel Gordon‚ CEO – Tootsie Roll‚ 1993 Tootsie Roll Industries‚ Inc.‚ a niche candy maker‚ has often been voted one of Forbes magazine’s “200 Best Small Companies of America.” A top quality producer
Premium
The Tootsie Roll Expansion Project; Growth to Solidify the Future ACC/561 September 26‚ 2011 Jared Jones The Tootsie Roll Expansion Project; Growth to Solidify the Future “Everyone loves the flavor of a tootsie pop” has been a popular phrase for years‚ a commercial jingle that reminds everyone of the wonderful taste‚ a memory from childhood that brings people from miles around to local candy stores seeking Tootsie rolls‚ whether it is a lollipop or a tootsie roll chocolate‚ everyone
Premium Financial ratio Loan Financial ratios
Financial Analysis: Hershey Corp. & Tootsie Roll Industries Financial Analysis: Hershey Corp. & Tootsie Roll Industries Hershey and Tootsie Roll are both companies in the confection industry. We compared both companies for the years 2004‚ 2005‚ and 2006 against each other and against the industry averages in order to make a decision about which company we would choose to invest in. The comparisons we used to make our decision were ratios for liquidity‚ solvency‚ and profitability. As a result
Premium Financial ratios Financial ratio Balance sheet
Toosie Roll Pop As I walk down the vast isle of candy my eyes run across something new and exciting. Soon as I layed my eyes on a yellow wrapper with brown writing representing a banana. My eyes began to shine bright like a diamonds‚ my soul did a little dance‚ see I am not a big fan of tootsie roll pops however I do fall head over heels in love with banana flavored candy. I pick up what I know will turnout to be my favorite banana candy of them all. I start to unwrap my tootsie pop and
Premium Taste