Seneca Foods Corp. (SENEA) financial statements (2022 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)

12/31/2021
TTM
3/31/2021
3/31/2020
3/31/2019
3/31/2018
3/31/2017
3/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1160111115129
Cash and cash equivalents1160111115129
Receivables9410111485807577
Inventory, net of allowances, customer advances and progress billings482343412502681598568
Inventory482343412502681598568
Contract with customer, asset118 
Disposal group, including discontinued operation9      
Assets held-for-sale, not part of disposal group      5
Other current assets83732416
Other undisclosed current assets 902   
Total current assets:605516552603778688674
Noncurrent Assets
Finance lease, right-of-use asset363134
Operating lease, right-of-use asset384261
Property, plant and equipment258249228239277237189
Disposal group, including discontinued operation, noncurrent assets 111   
Deferred costs      0
Deferred income tax assets  8
Other noncurrent assets2826352020
Other undisclosed noncurrent assets6363 210 13
Total noncurrent assets:397393358246292258221
TOTAL ASSETS:1,0029099098491,070946895
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities16112611397124124119
Accounts payable111747161707367
Accrued liabilities27241819363228
Employee-related liabilities22272417181821
Taxes payable      3
Deferred revenue1248
Debt1228287108280
Contract with customer, liability4
Other undisclosed current liabilities15 146100
Total current liabilities:200158150112194132399
Noncurrent Liabilities
Long-term debt and lease obligation17014128429745036341
Long-term debt, excluding current maturities1249421726641432936
Finance lease, liability221924
Capital lease obligations3136345
Operating lease, liability252843
Liabilities, other than long-term debt3832812729412
Deferred tax liabilities, net6   
Deferred income tax liabilities3228 
Liability, pension and other postretirement and postemployment benefits  761723  
Other liabilities64546412
Other undisclosed noncurrent liabilities   (5) 1238
Total noncurrent liabilities:20817336531947937991
Total liabilities:408332515431674512490
Stockholders' equity
Stockholders' equity attributable to parent595578394417397434405
Preferred stock1111111
Common stock3333333
Treasury stock, value(119)(91)(88)(76)(70)(66)(66)
Additional paid in capital99999898989797
Accumulated other comprehensive loss(19)(19)(79)(18)(25)(11)(28)
Retained earnings630586460410390410398
Total stockholders' equity:595578394417397434405
TOTAL LIABILITIES AND EQUITY:1,0029099098491,070946895

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

12/31/2021
TTM
3/31/2021
3/31/2020
3/31/2019
3/31/2018
3/31/2017
3/31/2016
Revenues1,4931,4681,3361,2001,3151,2461,300
Revenue, net 1,2461,275
Cost of revenue(1,237)(1,235)(1,194)(1,165)(1,247)(1,139)(1,128)
Cost of goods and services sold(1,235)(1,235)(1,194)(1,160)(1,240)(1,139)(1,128)
Gross profit:2562321423468106172
Operating expenses(83)(80)(77)(73)(74)(1,217)(84)
Other operating income (expense), net20291374(1) 
Other nonrecurring (income) expense     (1) 
Other undisclosed operating income (loss)9(0)(7)(7)(4)1,140 
Operating income (loss):20118171(38)(5)2989
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
(2)(3)74   
Interest and debt expense(1)(6)(12)(15)(15)(10)(8)
Other undisclosed income from continuing operations before equity method investments, income taxes      8
Income (loss) from continuing operations before equity method investments, income taxes:19817166(49)(20)1989
Income (loss) from equity method investments(8)(11)(0) 01 
Other undisclosed loss from continuing operations before income taxes(11)     (8)
Income (loss) from continuing operations before income taxes:17916066(49)(20)2080
Income tax expense (benefit)(38)(34)(14)136(7)(26)
Income (loss) from continuing operations:14012651(36)(14)1354
Loss from discontinued operations  (0)(14)   
Net income (loss):14012651(50)(14)1354
Other undisclosed net income (loss) attributable to parent(1) 256   
Net income (loss) attributable to parent:139126526(14)1354
Preferred stock dividends and other adjustments(0)      
Undistributed earnings (loss) allocated to participating securities, basic(1)(0)(0)00
Other undisclosed net income (loss) available to common stockholders, basic0   (0)(0)(1)
Net income (loss) available to common stockholders, basic:139126526(14)1254
Convertible preferred dividends0      
Other undisclosed net income (loss) available to common stockholders, diluted(0)  (42) 00
Net income (loss) available to common stockholders, diluted:13912652(36)(14)1254

Comprehensive Income ($ in millions)

12/31/2021
TTM
3/31/2021
3/31/2020
3/31/2019
3/31/2018
3/31/2017
3/31/2016
Net income (loss):14012651(50)(14)1354
Other comprehensive income (loss) 60(61)7(11)4060
Other undisclosed comprehensive income60      
Comprehensive income (loss):201186(10)(43)(25)53115
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(1) 256   
Comprehensive income (loss), net of tax, attributable to parent:200186(9)13(25)53115

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: