Seneca Current Deferred Revenue vs Total Assets Analysis

SENEA Stock  USD 71.97  2.01  2.87%   
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 Current Deferred Revenue and its Total Assets 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.

Current Deferred Revenue vs Total Assets

Current Deferred Revenue vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Seneca Foods Corp Current Deferred Revenue account and Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Seneca Foods' Current Deferred Revenue and Total Assets is -0.33. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Assets 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' Current Deferred Revenue and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Seneca Foods Corp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Current Deferred Revenue i.e., Seneca Foods' Current Deferred Revenue and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.33
Relationship DirectionNegative 
Relationship StrengthInsignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Total Assets

Total assets refers to the total amount of Seneca Foods assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Seneca Foods Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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 Profit147.9M135.9M188.2M94.7M
Total Revenue1.4B1.5B1.5B912.4M

Seneca Foods fundamental ratios Correlations

0.890.410.160.870.630.860.910.080.140.880.77-0.020.30.91-0.640.850.94-0.15-0.80.930.750.960.00.840.22
0.890.190.070.560.331.00.66-0.29-0.150.650.64-0.32-0.080.75-0.570.940.96-0.28-0.750.990.620.920.010.60.1
0.410.190.380.470.490.160.420.230.250.380.240.220.520.52-0.140.150.30.3-0.20.290.290.380.180.440.53
0.160.070.380.160.10.060.130.270.010.04-0.010.030.160.18-0.05-0.250.190.130.010.13-0.040.210.920.240.32
0.870.560.470.160.760.520.970.380.420.90.770.310.560.84-0.610.550.69-0.01-0.710.630.730.77-0.030.860.17
0.630.330.490.10.760.290.760.40.370.80.520.340.820.64-0.660.390.39-0.2-0.560.420.490.47-0.170.570.35
0.861.00.160.060.520.290.62-0.31-0.230.620.61-0.39-0.110.73-0.560.930.95-0.28-0.730.980.60.910.020.570.1
0.910.660.420.130.970.760.620.220.320.970.870.180.50.83-0.760.650.72-0.1-0.860.710.820.78-0.020.80.21
0.08-0.290.230.270.380.4-0.310.220.30.16-0.160.40.680.10.18-0.26-0.080.350.2-0.16-0.060.03-0.010.470.29
0.14-0.150.250.010.420.37-0.230.320.30.350.320.980.310.18-0.13-0.1-0.090.05-0.06-0.10.050.01-0.110.26-0.02
0.880.650.380.040.90.80.620.970.160.350.890.210.520.78-0.80.680.66-0.24-0.870.710.820.72-0.10.730.27
0.770.640.24-0.010.770.520.610.87-0.160.320.890.150.170.67-0.810.620.6-0.17-0.920.640.860.630.00.50.08
-0.02-0.320.220.030.310.34-0.390.180.40.980.210.150.360.04-0.02-0.26-0.240.080.1-0.26-0.12-0.14-0.10.17-0.02
0.3-0.080.520.160.560.82-0.110.50.680.310.520.170.360.37-0.250.00.030.03-0.160.040.220.14-0.090.490.55
0.910.750.520.180.840.640.730.830.10.180.780.670.040.37-0.510.730.840.01-0.650.810.710.890.020.850.34
-0.64-0.57-0.14-0.05-0.61-0.66-0.56-0.760.18-0.13-0.8-0.81-0.02-0.25-0.51-0.53-0.490.370.92-0.56-0.69-0.49-0.02-0.290.0
0.850.940.15-0.250.550.390.930.65-0.26-0.10.680.62-0.260.00.73-0.530.88-0.28-0.720.930.630.85-0.330.580.1
0.940.960.30.190.690.390.950.72-0.08-0.090.660.6-0.240.030.84-0.490.88-0.15-0.680.970.620.990.070.750.1
-0.15-0.280.30.13-0.01-0.2-0.28-0.10.350.05-0.24-0.170.080.030.010.37-0.28-0.150.26-0.23-0.12-0.090.120.060.25
-0.8-0.75-0.20.01-0.71-0.56-0.73-0.860.2-0.06-0.87-0.920.1-0.16-0.650.92-0.72-0.680.26-0.74-0.84-0.680.02-0.47-0.06
0.930.990.290.130.630.420.980.71-0.16-0.10.710.64-0.260.040.81-0.560.930.97-0.23-0.740.640.950.020.690.22
0.750.620.29-0.040.730.490.60.82-0.060.050.820.86-0.120.220.71-0.690.630.62-0.12-0.840.640.64-0.090.540.1
0.960.920.380.210.770.470.910.780.030.010.720.63-0.140.140.89-0.490.850.99-0.09-0.680.950.640.060.820.17
0.00.010.180.92-0.03-0.170.02-0.02-0.01-0.11-0.10.0-0.1-0.090.02-0.02-0.330.070.120.020.02-0.090.060.030.22
0.840.60.440.240.860.570.570.80.470.260.730.50.170.490.85-0.290.580.750.06-0.470.690.540.820.030.38
0.220.10.530.320.170.350.10.210.29-0.020.270.08-0.020.550.340.00.10.10.25-0.060.220.10.170.220.38
Click cells to compare fundamentals

Seneca Foods Account Relationship Matchups

Seneca Foods fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets909.3M909.3M947.0M1.2B1.4B1.5B
Short Long Term Debt Total312.5M169.4M178.1M492.5M650.8M683.4M
Other Current Liab42.4M51.4M51.9M49.2M60.9M36.3M
Total Current Liabilities149.7M158.1M173.2M158.2M151.0M126.8M
Total Stockholder Equity394.4M577.8M583.8M583.5M582.9M612.0M
Property Plant And Equipment Net322.8M321.4M336.9M358.0M345.1M188.8M
Net Debt301.8M109.6M167.2M480.2M639.0M670.9M
Retained Earnings459.8M585.9M636.9M670.0M704.6M739.8M
Accounts Payable71.2M74.1M87.6M69.2M40.3M55.2M
Cash10.7M59.8M10.9M12.3M11.9M13.2M
Non Current Assets Total357.7M393.0M391.6M418.7M446.9M469.2M
Non Currrent Assets Other27.1M71.7M54.7M60.7M101.8M106.9M
Cash And Short Term Investments10.7M59.8M10.9M12.3M4.5M4.3M
Net Receivables121.8M101.5M119.2M104.7M80.2M59.7M
Common Stock Total Equity3.0M3.0M3.0M3.0M3.5M3.3M
Common Stock Shares Outstanding9.3M9.2M8.8M7.9M7.4M8.7M
Liabilities And Stockholders Equity909.3M909.3M947.0M1.2B1.4B1.5B
Non Current Liabilities Total365.3M173.4M190.0M502.0M680.0M714.0M
Inventory411.6M343.1M410.3M708.8M872.7M916.3M
Other Current Assets7.3M11.8M16.6M6.2M9.7M7.3M
Other Stockholder Equity10.1M7.3M(30.2M)(69.4M)(99.7M)(94.7M)
Total Liab514.9M331.5M363.2M660.2M831.0M872.6M
Property Plant And Equipment Gross322.8M321.4M757.5M301.2M812.7M853.3M
Total Current Assets551.6M516.3M555.4M825.0M967.0M1.0B
Accumulated Other Comprehensive Income(79.2M)(19.1M)(26.5M)(20.5M)(25.4M)(26.6M)
Short Term Debt28.3M28.3M26.0M25.8M39.0M36.2M
Common Stock3.0M3.0M3.0M3.0M3.1M3.3M
Other Liab81.1M32.3M37.9M35.3M40.6M32.2M
Other Assets34.9M71.7M54.7M60.7M69.8M73.3M
Long Term Debt217.1M94.1M109.6M432.7M585.8M615.1M
Preferred Stock Total Equity681K663K644K351K315.9K300.1K
Property Plant Equipment228.5M248.6M268.0M301.2M346.4M218.6M
Current Deferred Revenue7.8M4.3M7.7M10.0M8.2M7.8M
Treasury Stock(88.3M)(91.2M)(128.9M)(168.6M)(151.7M)(144.1M)
Retained Earnings Total Equity459.8M585.9M636.9M670.0M770.5M393.5M
Net Tangible Assets393.7M577.2M583.2M583.1M670.6M497.7M
Long Term Debt Total35.9M297.2M217.1M94.1M84.7M153.6M
Capital Surpluse98.4M98.5M98.6M99.2M114.0M107.3M

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 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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.