Seneca Foods Corp. (SENEA) financial statements (2021 and earlier)

Company profile

Business Address 3736 SOUTH MAIN STREET
MARION, NY 14505
State of Incorp. NY
Fiscal Year End March 31
SIC 2033 - Canned Fruits, Vegetables, Preserves, Jams, and Jellies (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
TTM
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
3/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1411151291114
Cash and cash equivalents1411151291114
Receivables79858075777077
Inventory, net of allowances, customer advances and progress billings493502681598568472451
Inventory493502681598568472451
Contract with customer, asset8 
Deferred costs     1 
Assets held-for-sale, not part of disposal group    5
Prepaid expense and other current assets34
Other current assets63241627 
Other undisclosed current assets02   68
Total current assets:600603778688674587584
Noncurrent Assets
Finance lease, right-of-use asset35
Operating lease, right-of-use asset68
Property, plant and equipment219239277237189186184
Disposal group, including discontinued operation, noncurrent assets11    
Deferred costs    0  
Other noncurrent assets1035202018 
Prepaid expense and other noncurrent assets1
Other undisclosed noncurrent assets 210 1315 
Total noncurrent assets:333246292258221218185
TOTAL ASSETS:9338491,070946895806769
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1279712412411911172
Accounts payable84617073676871
Accrued liabilities201936322824 
Employee-related liabilities181718182118 
Taxes payable5   321
Deferred revenue12
Debt31710828032
Contract with customer, liability4
Other undisclosed current liabilities3461001057
Total current liabilities:173112194132399124131
Noncurrent Liabilities
Long-term debt and lease obligation30029745036341272216
Long-term debt, excluding current maturities22526641432936272216
Finance lease, liability27
Capital lease obligations3136345  
Operating lease, liability48
Liabilities, other than long-term debt242729412427
Deferred tax liabilities, net6     
Deferred income tax liabilities1
Liability, pension and other postretirement and postemployment benefits191723   
Other liabilities446412427
Other undisclosed noncurrent liabilities (5) 1238550
Total noncurrent liabilities:32431947937991330244
Total liabilities:497431674512490454375
Stockholders' equity
Stockholders' equity attributable to parent435417397434405352394
Preferred stock1111125
Common stock3333333
Treasury stock, value(87)(76)(70)(66)(66)(61)(30)
Additional paid in capital98989897979793
Accumulated other comprehensive loss(18)(18)(25)(11)(28)(32)(11)
Retained earnings439410390410398343333
Total stockholders' equity:435417397434405352394
TOTAL LIABILITIES AND EQUITY:9338491,070946895806769

Income statement (P&L) ($ in millions)

12/31/2019
TTM
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
3/31/2014
Revenues1,2901,2001,3151,2461,3001,2921,340
Revenue, net 1,2461,2751,2861,340
Cost of revenue(1,186)(1,165)(1,247)(1,139)(1,128)(1,203)(1,249)
Cost of goods and services sold(932)(1,160)(1,240)(1,139)(1,128)(1,203)(1,249)
Gross profit:10434681061728991
Operating expenses(71)(73)(74)(1,217)(84)(91)(94)
Other operating income (expense), net1274(1)   
Other nonrecurring (income) expense   (1)   
Other undisclosed operating income (loss)(11)(7)(4)1,140  27
Operating income (loss):34(38)(5)2989(3)24
Nonoperating income
(Other Nonoperating income)
74     
Interest and debt expense(13)(15)(15)(10)(8)(6)(6)
Other undisclosed income from continuing operations before equity method investments, income taxes    827 
Income (loss) from continuing operations before equity method investments, income taxes:28(49)(20)19891917
Income from equity method investments  01   
Other undisclosed loss from continuing operations before income taxes    (8)(5) 
Income (loss) from continuing operations before income taxes:28(49)(20)20801417
Income tax expense (benefit)(6)136(7)(26)(4)(4)
Income (loss) from continuing operations:22(36)(14)13541014
Loss from discontinued operations (14)     
Other undisclosed loss before gain (loss) on sale of properties(14)      
Net income (loss):8(50)(14)13541014
Other undisclosed net income attributable to parent1456     
Net income (loss) attributable to parent:226(14)13541014
Preferred stock dividends and other adjustments(0)      
Undistributed earnings (loss) allocated to participating securities, basic(0)00
Other undisclosed net income (loss) available to common stockholders, basic42 (0)(0)(1)(0)(0)
Net income (loss) available to common stockholders, basic:656(14)12541013
Convertible preferred dividends0      
Other undisclosed net income (loss) available to common stockholders, diluted(42)(42) 0000
Net income (loss) available to common stockholders, diluted:22(36)(14)12541013

Comprehensive Income ($ in millions)

12/31/2019
TTM
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
3/31/2014
Net income (loss):8(50)(14)13541014
Other comprehensive income (loss)77(11)4060211
Comprehensive income (loss):15(43)(25)531151225
Other undisclosed comprehensive income, net of tax, attributable to parent1456     
Comprehensive income (loss), net of tax, attributable to parent:2913(25)531151225

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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