Seneca Foods Balance Sheet Health
Financial Health criteria checks 3/6
Seneca Foods has a total shareholder equity of $582.9M and total debt of $613.7M, which brings its debt-to-equity ratio to 105.3%. Its total assets and total liabilities are $1.4B and $801.1M respectively. Seneca Foods's EBIT is $111.4M making its interest coverage ratio 3.3. It has cash and short-term investments of $4.5M.
Key information
105.3%
Debt to equity ratio
US$613.71m
Debt
| Interest coverage ratio | 3.3x |
| Cash | US$4.48m |
| Equity | US$582.89m |
| Total liabilities | US$801.10m |
| Total assets | US$1.38b |
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
Returns 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 ($967.0M) exceed its short term liabilities ($151.0M).
Long Term Liabilities: SENE.A's short term assets ($967.0M) exceed its long term liabilities ($650.1M).
Debt to Equity History and Analysis
Debt Level: SENE.A's net debt to equity ratio (104.5%) is considered high.
Reducing Debt: SENE.A's debt to equity ratio has increased from 63.8% to 105.3% over the past 5 years.
Debt Coverage: SENE.A's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SENE.A's interest payments on its debt are well covered by EBIT (3.3x coverage).