Seneca Common Stock vs Inventory Analysis
SENEA Stock | USD 72.98 1.01 1.40% |
Seneca Foods financial indicator trend analysis is much more than just breaking down Seneca Foods Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Seneca Foods Corp is a good investment. Please check the relationship between Seneca Foods Common Stock and its Inventory accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Seneca Foods Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Common Stock vs Inventory
Common Stock vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Seneca Foods Corp Common Stock account and Inventory. At this time, the significance of the direction appears to have strong relationship.
The correlation between Seneca Foods' Common Stock and Inventory is 0.75. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Inventory in the same time period over historical financial statements of Seneca Foods Corp, assuming nothing else is changed. The correlation between historical values of Seneca Foods' Common Stock and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Seneca Foods Corp are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Common Stock i.e., Seneca Foods' Common Stock and Inventory go up and down completely randomly.
Correlation Coefficient | 0.75 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Common Stock
Inventory
Most indicators from Seneca Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Seneca Foods Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Seneca Foods Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At present, Seneca Foods' Discontinued Operations is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.12, whereas Selling General Administrative is forecasted to decline to about 53 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 147.9M | 135.9M | 188.2M | 94.7M | Total Revenue | 1.4B | 1.5B | 1.5B | 912.4M |
Seneca Foods fundamental ratios Correlations
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Seneca Foods Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Seneca Foods fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 909.3M | 909.3M | 947.0M | 1.2B | 1.4B | 1.5B | |
Short Long Term Debt Total | 312.5M | 169.4M | 178.1M | 492.5M | 650.8M | 683.4M | |
Other Current Liab | 42.4M | 51.4M | 51.9M | 49.2M | 60.9M | 36.3M | |
Total Current Liabilities | 149.7M | 158.1M | 173.2M | 158.2M | 151.0M | 126.8M | |
Total Stockholder Equity | 394.4M | 577.8M | 583.8M | 583.5M | 582.9M | 612.0M | |
Property Plant And Equipment Net | 322.8M | 321.4M | 336.9M | 358.0M | 345.1M | 188.8M | |
Net Debt | 301.8M | 109.6M | 167.2M | 480.2M | 639.0M | 670.9M | |
Retained Earnings | 459.8M | 585.9M | 636.9M | 670.0M | 704.6M | 739.8M | |
Accounts Payable | 71.2M | 74.1M | 87.6M | 69.2M | 40.3M | 55.2M | |
Cash | 10.7M | 59.8M | 10.9M | 12.3M | 11.9M | 13.2M | |
Non Current Assets Total | 357.7M | 393.0M | 391.6M | 418.7M | 446.9M | 469.2M | |
Non Currrent Assets Other | 27.1M | 71.7M | 54.7M | 60.7M | 101.8M | 106.9M | |
Cash And Short Term Investments | 10.7M | 59.8M | 10.9M | 12.3M | 4.5M | 4.3M | |
Net Receivables | 121.8M | 101.5M | 119.2M | 104.7M | 80.2M | 59.7M | |
Common Stock Total Equity | 3.0M | 3.0M | 3.0M | 3.0M | 3.5M | 3.3M | |
Common Stock Shares Outstanding | 9.3M | 9.2M | 8.8M | 7.9M | 7.4M | 8.7M | |
Liabilities And Stockholders Equity | 909.3M | 909.3M | 947.0M | 1.2B | 1.4B | 1.5B | |
Non Current Liabilities Total | 365.3M | 173.4M | 190.0M | 502.0M | 680.0M | 714.0M | |
Inventory | 411.6M | 343.1M | 410.3M | 708.8M | 872.7M | 916.3M | |
Other Current Assets | 7.3M | 11.8M | 16.6M | 6.2M | 9.7M | 7.3M | |
Other Stockholder Equity | 10.1M | 7.3M | (30.2M) | (69.4M) | (99.7M) | (94.7M) | |
Total Liab | 514.9M | 331.5M | 363.2M | 660.2M | 831.0M | 872.6M | |
Property Plant And Equipment Gross | 322.8M | 321.4M | 757.5M | 301.2M | 812.7M | 853.3M | |
Total Current Assets | 551.6M | 516.3M | 555.4M | 825.0M | 967.0M | 1.0B | |
Accumulated Other Comprehensive Income | (79.2M) | (19.1M) | (26.5M) | (20.5M) | (25.4M) | (26.6M) | |
Short Term Debt | 28.3M | 28.3M | 26.0M | 25.8M | 39.0M | 36.2M | |
Common Stock | 3.0M | 3.0M | 3.0M | 3.0M | 3.1M | 3.3M | |
Other Liab | 81.1M | 32.3M | 37.9M | 35.3M | 40.6M | 32.2M | |
Other Assets | 34.9M | 71.7M | 54.7M | 60.7M | 69.8M | 73.3M | |
Long Term Debt | 217.1M | 94.1M | 109.6M | 432.7M | 585.8M | 615.1M | |
Preferred Stock Total Equity | 681K | 663K | 644K | 351K | 315.9K | 300.1K | |
Property Plant Equipment | 228.5M | 248.6M | 268.0M | 301.2M | 346.4M | 218.6M | |
Current Deferred Revenue | 7.8M | 4.3M | 7.7M | 10.0M | 8.2M | 7.8M | |
Treasury Stock | (88.3M) | (91.2M) | (128.9M) | (168.6M) | (151.7M) | (144.1M) | |
Retained Earnings Total Equity | 459.8M | 585.9M | 636.9M | 670.0M | 770.5M | 393.5M | |
Net Tangible Assets | 393.7M | 577.2M | 583.2M | 583.1M | 670.6M | 497.7M | |
Long Term Debt Total | 35.9M | 297.2M | 217.1M | 94.1M | 84.7M | 153.6M | |
Capital Surpluse | 98.4M | 98.5M | 98.6M | 99.2M | 114.0M | 107.3M |
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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 World Market Map to better understand how to build diversified portfolios, which includes a position in Seneca Foods Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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.