Seneca Accumulated Depreciation from 2010 to 2024

SENEA Stock  USD 71.88  1.10  1.51%   
Seneca Foods' Accumulated Depreciation is decreasing over the years with very volatile fluctuation. Overall, Accumulated Depreciation is projected to go to about -425.9 M this year. From 2010 to 2024 Seneca Foods Accumulated Depreciation quarterly data regression line had arithmetic mean of (284,290,169) and significance of  0.95. View All Fundamentals
 
Accumulated Depreciation  
First Reported
2010-12-31
Previous Quarter
-448.3 M
Current Value
-425.9 M
Quarterly Volatility
287.3 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Seneca Foods financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Seneca Foods' main balance sheet or income statement drivers, such as Depreciation And Amortization of 45.7 M, Interest Expense of 36.5 M or Selling General Administrative of 53 M, as well as many indicators such as Price To Sales Ratio of 0.39, Dividend Yield of 1.0E-4 or PTB Ratio of 1.23. Seneca financial statements analysis is a perfect complement when working with Seneca Foods Valuation or Volatility modules.
  
Check out the analysis of Seneca Foods Correlation against competitors.

Latest Seneca Foods' Accumulated Depreciation Growth Pattern

Below is the plot of the Accumulated Depreciation of Seneca Foods Corp over the last few years. Accumulated depreciation is the total amount of depreciation for Seneca Foods Corp fixed asset that has been charged to Seneca Foods expense since that asset was acquired and made available for Seneca Foods use. The accumulated depreciation account is Seneca Foods Corp asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Seneca Foods Corp. It is Seneca Foods' Accumulated Depreciation historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Seneca Foods' overall financial position and show how it may be relating to other accounts over time.
Accumulated Depreciation10 Years Trend
Very volatile
   Accumulated Depreciation   
       Timeline  

Seneca Accumulated Depreciation Regression Statistics

Arithmetic Mean(284,290,169)
Coefficient Of Variation(101.04)
Mean Deviation187,913,912
Median(389,796,000)
Standard Deviation287,257,520
Sample Variance82516.9T
Range890.7M
R-Value(0.02)
Mean Square Error88837.5T
R-Squared0.0003
Significance0.95
Slope(1,116,865)
Total Sum of Squares1155236.4T

Seneca Accumulated Depreciation History

2024-425.9 M
2023-448.3 M
2019-389.8 M
2018398.3 M
2017442.5 M
2016-419.5 M

About Seneca Foods Financial Statements

Seneca Foods stakeholders use historical fundamental indicators, such as Seneca Foods' Accumulated Depreciation, to determine how well the company is positioned to perform in the future. Although Seneca Foods investors may analyze each financial statement separately, they are all interrelated. For example, changes in Seneca Foods' assets and liabilities are reflected in the revenues and expenses on Seneca Foods' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Seneca Foods Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accumulated Depreciation-448.3 M-425.9 M

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When determining whether Seneca Foods Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Seneca Foods' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Seneca Foods Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Seneca Foods Corp Stock:
Check out the analysis of Seneca Foods Correlation against competitors.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Seneca Foods. If investors know Seneca will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Seneca Foods listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.42)
Earnings Share
5.96
Revenue Per Share
211.009
Quarterly Revenue Growth
0.044
Return On Assets
0.0366
The market value of Seneca Foods Corp is measured differently than its book value, which is the value of Seneca that is recorded on the company's balance sheet. Investors also form their own opinion of Seneca Foods' value that differs from its market value or its book value, called intrinsic value, which is Seneca Foods' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Seneca Foods' market value can be influenced by many factors that don't directly affect Seneca Foods' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Seneca Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Seneca Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Seneca Foods' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.