Seneca Historical Income Statement

SENEB Stock  USD 73.70  2.80  3.95%   
Historical analysis of Seneca Foods income statement accounts such as Gross Profit of 94.5 M, Other Operating Expenses of 842.1 M, Operating Income of 112.6 M or Ebit of 123.6 M can show how well Seneca Foods Corp performed in making a profits. Evaluating Seneca Foods income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Seneca Foods's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Seneca Foods Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Seneca Foods Corp is a good buy for the upcoming year.
  
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.

About Seneca Income Statement Analysis

Seneca Foods Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Seneca Foods shareholders. The income statement also shows Seneca investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Seneca Foods Income Statement Chart

At present, Seneca Foods' Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 36.5 M, whereas Selling General Administrative is forecasted to decline to about 73.5 M.

Total Revenue

Total revenue comprises all receipts Seneca Foods Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Seneca Foods Corp. It is also known as Seneca Foods overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Seneca Foods Corp financial statement analysis. It represents the amount of money remaining after all of Seneca Foods Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most accounts from Seneca Foods' income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, 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' Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 36.5 M, whereas Selling General Administrative is forecasted to decline to about 73.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit147.9M135.9M188.2M94.5M
Total Revenue1.4B1.5B1.5B911.5M

Seneca Foods income statement Correlations

0.370.890.740.40.540.380.410.640.730.310.38-0.190.440.360.070.230.1-0.64-0.420.48
0.370.26-0.180.0-0.020.210.330.38-0.190.160.12-0.730.170.08-0.030.030.14-0.39-0.980.71
0.890.260.820.650.470.520.490.680.770.260.52-0.320.580.480.290.470.0-0.7-0.30.54
0.74-0.180.820.540.610.280.230.410.990.320.320.150.330.340.150.27-0.06-0.330.070.22
0.40.00.650.540.130.890.830.820.39-0.060.91-0.430.870.880.870.88-0.26-0.26-0.010.37
0.54-0.020.470.610.13-0.06-0.110.070.650.83-0.060.21-0.01-0.14-0.13-0.240.26-0.45-0.040.22
0.380.210.520.280.89-0.060.970.930.13-0.270.99-0.610.960.950.90.91-0.24-0.21-0.190.4
0.410.330.490.230.83-0.110.970.960.08-0.270.96-0.650.930.930.840.86-0.2-0.2-0.320.43
0.640.380.680.410.820.070.930.960.28-0.140.92-0.60.920.890.730.79-0.14-0.35-0.390.5
0.73-0.190.770.990.390.650.130.080.280.360.170.250.180.19-0.010.12-0.01-0.310.070.17
0.310.160.260.32-0.060.83-0.27-0.27-0.140.36-0.270.22-0.28-0.32-0.28-0.380.18-0.41-0.180.41
0.380.120.520.320.91-0.060.990.960.920.17-0.27-0.530.960.970.910.93-0.26-0.17-0.110.35
-0.19-0.73-0.320.15-0.430.21-0.61-0.65-0.60.250.22-0.53-0.6-0.42-0.47-0.47-0.040.390.68-0.57
0.440.170.580.330.87-0.010.960.930.920.18-0.280.96-0.60.90.850.86-0.01-0.3-0.150.34
0.360.080.480.340.88-0.140.950.930.890.19-0.320.97-0.420.90.860.9-0.33-0.05-0.080.32
0.07-0.030.290.150.87-0.130.90.840.73-0.01-0.280.91-0.470.850.860.91-0.26-0.020.070.24
0.230.030.470.270.88-0.240.910.860.790.12-0.380.93-0.470.860.90.91-0.37-0.1-0.010.32
0.10.140.0-0.06-0.260.26-0.24-0.2-0.14-0.010.18-0.26-0.04-0.01-0.33-0.26-0.37-0.16-0.140.05
-0.64-0.39-0.7-0.33-0.26-0.45-0.21-0.2-0.35-0.31-0.41-0.170.39-0.3-0.05-0.02-0.1-0.160.33-0.41
-0.42-0.98-0.30.07-0.01-0.04-0.19-0.32-0.390.07-0.18-0.110.68-0.15-0.080.07-0.01-0.140.33-0.71
0.480.710.540.220.370.220.40.430.50.170.410.35-0.570.340.320.240.320.05-0.41-0.71
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Seneca Foods Account Relationship Matchups

Seneca Foods income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization44.9M32.4M36.5M40.9M43.5M45.7M
Interest Expense11.9M6.2M5.7M14.7M34.7M36.5M
Selling General Administrative77.0M80.0M76.3M81.1M81.2M73.5M
Total Revenue1.3B1.5B1.4B1.5B1.5B911.5M
Gross Profit141.9M232.2M147.9M135.9M188.2M94.5M
Other Operating Expenses1.3B1.3B1.3B1.5B1.4B842.1M
Operating Income70.5M181.1M70.3M52.9M107.2M112.6M
Ebit70.5M147.2M73.8M28.8M117.7M123.6M
Ebitda115.5M179.6M110.3M69.7M161.2M169.3M
Cost Of Revenue1.2B1.2B1.2B1.4B1.3B817.0M
Total Operating Expenses64.3M50.9M77.5M79.4M81.0M54.6M
Income Before Tax65.6M160.0M66.2M45.4M83.0M87.1M
Total Other Income Expense Net(4.9M)(21.1M)(4.1M)(7.6M)(24.2M)(23.0M)
Net Income52.3M126.1M46.2M33.1M63.3M66.5M
Income Tax Expense14.4M33.9M15.2M12.2M19.7M20.7M
Net Income From Continuing Ops51.2M126.1M51.0M33.1M63.3M37.3M
Net Income Applicable To Common Shares52.3M126.1M51.0M33.1M38.1M38.5M
Tax Provision14.4M33.9M15.2M12.2M19.7M12.7M
Interest Income25K42K63K528K699K852K
Non Operating Income Net Other6.9M(14.9M)1.5M6.8M7.8M8.2M
Net Interest Income(11.8M)(6.1M)(5.6M)(14.3M)(34.0M)(32.3M)
Reconciled Depreciation30.9M32.4M36.5M40.9M43.5M38.8M

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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 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 Food Products 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.