Seneca Foods Balance Sheet Health
Financial Health criteria checks 2/6
Seneca Foods has a total shareholder equity of $598.9M and total debt of $507.1M, which brings its debt-to-equity ratio to 84.7%. Its total assets and total liabilities are $1.5B and $884.5M respectively. Seneca Foods's EBIT is $89.4M making its interest coverage ratio 2.3. It has cash and short-term investments of $9.5M.
Key information
84.7%
Debt to equity ratio
US$507.10m
Debt
| Interest coverage ratio | 2.3x |
| Cash | US$9.55m |
| Equity | US$598.94m |
| Total liabilities | US$884.49m |
| Total assets | US$1.48b |
Recent financial health updates
Does Seneca Foods (NASDAQ:SENE.A) Have A Healthy Balance Sheet?
Aug 18
We Think Seneca Foods (NASDAQ:SENE.A) Can Manage Its Debt With Ease
Apr 13These 4 Measures Indicate That Seneca Foods (NASDAQ:SENE.A) Is Using Debt Reasonably Well
Dec 14Recent updates
We Think The Compensation For Seneca Foods Corporation's (NASDAQ:SENE.A) CEO Looks About Right
Aug 01Returns On Capital Are Showing Encouraging Signs At Seneca Foods (NASDAQ:SENE.A)
Feb 13Seneca Foods (NASDAQ:SENE.A) Might Have The Makings Of A Multi-Bagger
Jun 15Seneca Foods (NASDAQ:SENE.A) Is Doing The Right Things To Multiply Its Share Price
Oct 05Does Seneca Foods (NASDAQ:SENE.A) Have A Healthy Balance Sheet?
Aug 18Seneca Foods (NASDAQ:SENE.A) Is Doing The Right Things To Multiply Its Share Price
Jun 14Seneca Foods' (NASDAQ:SENE.A) Returns On Capital Are Heading Higher
Oct 08Seneca Foods (NASDAQ:SENE.A) Is Reinvesting To Multiply In Value
May 07We Think Seneca Foods (NASDAQ:SENE.A) Can Manage Its Debt With Ease
Apr 13Introducing Seneca Foods (NASDAQ:SENE.A), A Stock That Climbed 80% In The Last Three Years
Mar 02Here's Why I Think Seneca Foods (NASDAQ:SENE.A) Is An Interesting Stock
Feb 09
What We Make Of Seneca Foods' (NASDAQ:SENE.A) Returns On Capital
Jan 19These 4 Measures Indicate That Seneca Foods (NASDAQ:SENE.A) Is Using Debt Reasonably Well
Dec 14Financial Position Analysis
Short Term Liabilities: SENE.A's short term assets ($1.1B) exceed its short term liabilities ($408.0M).
Long Term Liabilities: SENE.A's short term assets ($1.1B) exceed its long term liabilities ($476.5M).
Debt to Equity History and Analysis
Debt Level: SENE.A's net debt to equity ratio (83.1%) is considered high.
Reducing Debt: SENE.A's debt to equity ratio has increased from 59.1% to 84.7% over the past 5 years.
Debt Coverage: SENE.A's debt is not well covered by operating cash flow (13.6%).
Interest Coverage: SENE.A's interest payments on its debt are not well covered by EBIT (2.3x coverage).