Seneca Debt Equity Ratio from 2010 to 2024

SENEA Stock  USD 71.88  1.10  1.51%   
Seneca Foods' Debt Equity Ratio is decreasing over the years with slightly volatile fluctuation. Debt Equity Ratio is expected to dwindle to 0.95. From 2010 to 2024 Seneca Foods Debt Equity Ratio quarterly data regression line had arithmetic mean of  0.84 and r-squared of  0.13. View All Fundamentals
 
Debt Equity Ratio  
First Reported
2010-12-31
Previous Quarter
1.07189827
Current Value
0.95331695
Quarterly Volatility
0.54617545
 
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' Debt Equity Ratio Growth Pattern

Below is the plot of the Debt Equity Ratio of Seneca Foods Corp over the last few years. It is Seneca Foods' Debt Equity Ratio 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.
Debt Equity Ratio10 Years Trend
Slightly volatile
   Debt Equity Ratio   
       Timeline  

Seneca Debt Equity Ratio Regression Statistics

Arithmetic Mean0.84
Geometric Mean0.71
Coefficient Of Variation65.41
Mean Deviation0.31
Median0.78
Standard Deviation0.55
Sample Variance0.30
Range2.3895
R-Value(0.36)
Mean Square Error0.28
R-Squared0.13
Significance0.18
Slope(0.04)
Total Sum of Squares4.18

Seneca Debt Equity Ratio History

2024 0.95
2023 1.07
2022 0.79
2021 0.23
2020 0.21
2019 0.62
2018 0.65

About Seneca Foods Financial Statements

Seneca Foods stakeholders use historical fundamental indicators, such as Seneca Foods' Debt Equity Ratio, 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
Debt Equity Ratio 1.07  0.95 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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.