Seneca Total Current Assets vs Non Current Assets Total Analysis

SENEB Stock  USD 71.26  0.76  1.08%   
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 Total Current Assets and its Non Current Assets Total accounts. Check out World Market Map to better understand how to build diversified portfolios. 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.

Total Current Assets vs Non Current Assets Total

Total Current Assets vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Seneca Foods Corp Total Current Assets account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Seneca Foods' Total Current Assets and Non Current Assets Total is 0.72. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Non Current Assets Total 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' Total Current Assets and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Seneca Foods Corp are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Current Assets i.e., Seneca Foods' Total Current Assets and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and 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. 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 73.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit147.9M135.9M188.2M94.5M
Total Revenue1.4B1.5B1.5B911.5M

Seneca Foods fundamental ratios Correlations

0.890.410.160.870.630.860.910.090.140.880.77-0.020.3-0.640.850.94-0.15-0.80.930.960.00.840.020.850.72
0.890.190.070.560.331.00.66-0.29-0.150.650.64-0.32-0.08-0.570.940.96-0.28-0.750.990.920.010.60.190.850.6
0.410.190.380.480.490.170.430.220.250.390.240.220.52-0.140.160.30.3-0.210.290.380.180.44-0.420.290.27
0.160.070.380.170.10.070.130.270.010.050.00.030.16-0.05-0.240.190.130.00.130.210.920.25-0.060.02-0.06
0.870.560.480.170.770.520.970.390.420.90.770.310.57-0.610.550.69-0.01-0.710.630.77-0.030.86-0.20.670.7
0.630.330.490.10.770.30.770.40.370.80.530.340.82-0.670.390.39-0.2-0.570.420.47-0.170.57-0.020.420.46
0.861.00.170.070.520.30.62-0.31-0.220.620.61-0.39-0.1-0.550.930.95-0.28-0.730.980.910.020.570.20.840.59
0.910.660.430.130.970.770.620.230.320.970.870.180.51-0.760.650.72-0.1-0.860.710.78-0.020.8-0.170.770.8
0.09-0.290.220.270.390.4-0.310.230.30.16-0.160.40.680.18-0.25-0.080.340.19-0.160.03-0.010.48-0.05-0.33-0.1
0.14-0.150.250.010.420.37-0.220.320.30.350.330.980.31-0.13-0.1-0.090.05-0.06-0.10.01-0.110.27-0.120.060.03
0.880.650.390.050.90.80.620.970.160.350.890.210.52-0.80.680.66-0.23-0.870.710.72-0.10.73-0.070.770.8
0.770.640.240.00.770.530.610.87-0.160.330.890.150.18-0.810.620.6-0.17-0.920.640.630.00.5-0.170.850.86
-0.02-0.320.220.030.310.34-0.390.180.40.980.210.150.35-0.02-0.26-0.240.080.1-0.26-0.14-0.10.17-0.1-0.15-0.14
0.3-0.080.520.160.570.82-0.10.510.680.310.520.180.35-0.250.00.030.03-0.170.050.15-0.090.5-0.290.020.19
-0.64-0.57-0.14-0.05-0.61-0.67-0.55-0.760.18-0.13-0.8-0.81-0.02-0.25-0.53-0.490.370.92-0.56-0.49-0.02-0.29-0.05-0.68-0.69
0.850.940.16-0.240.550.390.930.65-0.25-0.10.680.62-0.260.0-0.530.88-0.28-0.720.930.85-0.320.580.20.820.62
0.940.960.30.190.690.390.950.72-0.08-0.090.660.6-0.240.03-0.490.88-0.15-0.680.970.990.070.750.130.820.59
-0.15-0.280.30.13-0.01-0.2-0.28-0.10.340.05-0.23-0.170.080.030.37-0.28-0.150.26-0.23-0.090.120.06-0.53-0.16-0.13
-0.8-0.75-0.210.0-0.71-0.57-0.73-0.860.19-0.06-0.87-0.920.1-0.170.92-0.72-0.680.26-0.74-0.680.02-0.470.05-0.84-0.84
0.930.990.290.130.630.420.980.71-0.16-0.10.710.64-0.260.05-0.560.930.97-0.23-0.740.950.020.690.180.850.62
0.960.920.380.210.770.470.910.780.030.010.720.63-0.140.15-0.490.850.99-0.09-0.680.950.060.820.060.810.6
0.00.010.180.92-0.03-0.170.02-0.02-0.01-0.11-0.10.0-0.1-0.09-0.02-0.320.070.120.020.020.060.03-0.210.01-0.09
0.840.60.440.250.860.570.570.80.480.270.730.50.170.5-0.290.580.750.06-0.470.690.820.03-0.140.580.49
0.020.19-0.42-0.06-0.2-0.020.2-0.17-0.05-0.12-0.07-0.17-0.1-0.29-0.050.20.13-0.530.050.180.06-0.21-0.14-0.07-0.08
0.850.850.290.020.670.420.840.77-0.330.060.770.85-0.150.02-0.680.820.82-0.16-0.840.850.810.010.58-0.070.84
0.720.60.27-0.060.70.460.590.8-0.10.030.80.86-0.140.19-0.690.620.59-0.13-0.840.620.6-0.090.49-0.080.84
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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 Liab42.4M51.4M51.9M49.2M60.9M36.9M
Total Current Liabilities149.7M158.1M173.2M158.2M151.0M128.4M
Total Stockholder Equity394.4M577.8M583.8M583.5M582.9M612.0M
Property Plant And Equipment Net322.8M321.4M336.9M358.0M345.1M191.3M
Net Debt301.8M109.6M167.2M480.2M639.0M670.9M
Retained Earnings459.8M585.9M636.9M670.0M704.6M739.8M
Accounts Payable71.2M74.1M87.6M69.2M40.3M55.8M
Cash10.7M59.8M10.9M12.3M11.9M13.4M
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 Receivables121.8M101.5M119.2M104.7M80.2M60.6M
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 Assets7.3M11.8M16.6M6.2M9.7M7.4M
Other Stockholder Equity10.1M7.3M(30.2M)(69.4M)(99.7M)(94.7M)
Total Liab514.9M331.5M363.2M660.2M831.0M872.6M
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 Debt28.3M28.3M26.0M25.8M39.0M36.9M
Common Stock3.0M3.0M3.0M3.0M3.1M3.3M
Current Deferred Revenue7.8M4.3M7.7M10.0M8.2M12.1M
Common Stock Total Equity3.0M3.0M3.0M3.0M3.5M3.4M
Property Plant And Equipment Gross322.8M321.4M757.5M301.2M812.7M853.3M
Net Tangible Assets393.7M577.2M583.2M583.1M670.6M488.7M
Long Term Debt217.1M94.1M109.6M432.7M585.8M293.5M
Retained Earnings Total Equity459.8M585.9M636.9M670.0M770.5M495.5M
Long Term Debt Total35.9M297.2M217.1M94.1M84.7M157.0M
Capital Surpluse98.4M98.5M98.6M99.2M114.0M106.9M
Preferred Stock Total Equity681K663K644K351K315.9K300.1K
Treasury Stock(88.3M)(91.2M)(128.9M)(168.6M)(151.7M)(144.1M)
Non Current Liabilities Other5.3M27.8M5.0M3.7M13.9M17.9M
Property Plant Equipment228.5M248.6M268.0M301.2M346.4M254.7M

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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. 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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.