Seneca Foods (Seneca Foods) Total Assets : $1,490 Mil (As of Dec. 2023)

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What is Seneca Foods Total Assets?

Seneca Foods's Total Assets for the quarter that ended in Dec. 2023 was $1,490 Mil.

During the past 12 months, Seneca Foods's average Total Assets Growth Rate was 14.70% per year. During the past 3 years, the average Total Assets Growth Rate was 10.10% per year. During the past 5 years, the average Total Assets Growth Rate was 3.20% per year. During the past 10 years, the average Total Assets Growth Rate was 2.80% per year.

During the past 13 years, Seneca Foods's highest 3-Year average Total Assets Growth Rate was 40.70%. The lowest was -10.60%. And the median was 3.45%.

Total Assets is connected with ROA %. Seneca Foods's annualized ROA % for the quarter that ended in Dec. 2023 was 4.62%. Total Assets is also linked to Revenue through Asset Turnover. Seneca Foods's Asset Turnover for the quarter that ended in Dec. 2023 was 0.29.

Seneca Foods Total Assets Historical Data

The historical data trend for Seneca Foods's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Seneca Foods Total Assets Chart

Seneca Foods Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

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848.88

909.31

909.35

942.27

1,212.72

Seneca Foods Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															1,304.84	1,212.72	1,256.62	1,571.72	1,489.54

Seneca Foods Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Seneca Foods's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (A: Mar. 2023 )	+	Total Liabilities (A: Mar. 2023 )
	=	554.75	+	657.971
	=	1,213

Seneca Foods's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	593.438	+	896.099
	=	1,490

Seneca Foods (OTCPK:SENEM) Total Assets Explanation

Total Assets is connected with ROA %.

Seneca Foods's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	70.7	/	( (1571.72	+	1489.537)	/ 2 )
	=	70.7	/	1530.6285
	=	4.62 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Seneca Foods's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	444.481	/	( (1571.72	+	1489.537)	/ 2 )
=	444.481	/	1530.6285
=	0.29

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Seneca Foods Total Assets Related Terms

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Seneca Foods (Seneca Foods) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Seneca Foods Corp (OTCPK:SENEM) » Definitions » Total Assets

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SENEB:USA SENEA:USA

Address

350 WillowBrook Office Park, Fairport, NY, USA, 14480

Website

https://www.senecafoods.com

Seneca Foods Corp is a US-based company which acts as a provider of packaged fruits and vegetables. Its product offerings include canned, frozen and bottled produce and snack chips. The company's segment includes fruits and vegetables, prepared food products, and snack products. It generates maximum revenue from Canned vegetables followed by Frozen vegetables.