Seaboard Corp (SEB, Financial) filed Quarterly Report for the period ended 2010-10-02.
Seaboard Corp has a market cap of $2.39 billion; its shares were traded at around $2000 with a P/E ratio of 14 and P/S ratio of 0.6. The dividend yield of Seaboard Corp stocks is 0.2%. Seaboard Corp had an annual average earning growth of 5% over the past 10 years.SEB is in the portfolios of Irving Kahn of Kahn Brothers & Company Inc., Jim Simons of Renaissance Technologies LLC, Chuck Royce of Royce& Associates.
October 2, October 3, October 2, October 3,
2010 2009 2010 2009
Net sales:
Products (includes sales to
foreign affiliates of $120,670, $ 849,049 $ 647,256 $2,403,174 $1,990,553
$138,396, $363,891 and $399,296,
respectively)
Services 231,029 176,906 681,659 575,611
Other 31,735 30,463 95,719 75,859
Total net sales 1,111,813 854,625 3,180,552 2,642,023
Money market funds $229,841 $229,841 $153,699 $153,699
Corporate bonds 107,628 109,638 34,663 35,449
Fixed income mutual funds 60,161 60,295 - -
Fixed rate municipal notes and bonds 45,700 46,018 144,794 148,609
Variable rate demand notes 29,900 29,900 1,900 1,900
U.S. Government agency securities 15,369 15,478 15,907 16,272
Asset backed debt securities 8,819 8,815 8,447 8,484
U.S. Treasury securities 3,589 3,651 - -
Other 2,360 2,363 3,060 3,069
Foreign government debt securities - - 10,300 10,210
Total available-for-sale short-term
investments 503,367 505,999 372,770 377,692
High yield trading debt securities 24,751 26,570 24,784 26,771
Other trading debt securities 3,271 3,568 2,669 2,888
Total available-for-sale and trading
short-term Investments $531,389 $536,137 $400,223 $407,351
Assets:
Available-for-sale securities -
short-term investments:
Money market funds $229,841 $229,841 $ - $ -
Corporate bonds 109,638 - 109,638 -
Fixed income mutual funds 60,295 60,295 - -
Fixed rate municipal notes and
bonds 46,018 - 46,018 -
Variable rate demand notes 29,900 - 29,900 -
U.S. Government agency securities 15,478 - 15,478 -
Asset backed debt securities 8,815 - 8,815 -
U.S. Treasury securities 3,651 - 3,651 -
Other 2,363 - 2,363 -
Trading securities - short-term
investments:
High yield debt securities 26,570 - 26,570 -
Other debt securities 3,568 - 3,568 -
Trading securities - other current
assets:
Domestic equity securities 11,779 11,779 - -
Foreign equity securities 7,651 3,790 3,861 -
Fixed income mutual funds 3,625 3,625 - -
Money market funds 3,225 3,225 - -
U.S. Treasury securities 2,535 - 2,535 -
U.S. Government agency securities 1,615 - 1,615 -
Other 172 153 19 -
Derivatives:
Commodities 2,790 2,790 - -
Foreign currencies 28 - 28 -
Total Assets $569,557 $315,498 $254,059 $ -
Liabilities:
Derivatives:
Commodities (1) 50,464 50,464 - -
Interest rate swaps 6,367 - 6,367 -
Foreign currencies 6,235 - 6,235 -
Total Liabilities $ 63,066 $ 50,464 $ 12,602 $ -
2010 2009
(Thousands of dollars) Amortized Fair Amortized Fair
Cost Value Cost Value
Short-term investments,
available-for-sale $503,367 $505,999 $372,770 $377,692
Short-term investments,
trading debt securities 28,022 30,138 27,453 29,659
Long-term debt 76,845 79,507 78,869 82,415
Components of net periodic benefit cost:
Service cost $ 1,586 $ 1,509 $ 4,755 $ 4,520
Interest cost 2,166 2,046 6,493 6,127
Expected return on plan assets (1,556) (1,197) (4,663) (3,579)
Amortization and other 999 1,252 2,995 3,747
Net periodic benefit cost $ 3,195 $ 3,610 $ 9,580 $10,815
Read the The complete Report
Seaboard Corp has a market cap of $2.39 billion; its shares were traded at around $2000 with a P/E ratio of 14 and P/S ratio of 0.6. The dividend yield of Seaboard Corp stocks is 0.2%. Seaboard Corp had an annual average earning growth of 5% over the past 10 years.SEB is in the portfolios of Irving Kahn of Kahn Brothers & Company Inc., Jim Simons of Renaissance Technologies LLC, Chuck Royce of Royce& Associates.
Highlight of Business Operations:
Three Months Ended Nine Months EndedOctober 2, October 3, October 2, October 3,
2010 2009 2010 2009
Net sales:
Products (includes sales to
foreign affiliates of $120,670, $ 849,049 $ 647,256 $2,403,174 $1,990,553
$138,396, $363,891 and $399,296,
respectively)
Services 231,029 176,906 681,659 575,611
Other 31,735 30,463 95,719 75,859
Total net sales 1,111,813 854,625 3,180,552 2,642,023
Money market funds $229,841 $229,841 $153,699 $153,699
Corporate bonds 107,628 109,638 34,663 35,449
Fixed income mutual funds 60,161 60,295 - -
Fixed rate municipal notes and bonds 45,700 46,018 144,794 148,609
Variable rate demand notes 29,900 29,900 1,900 1,900
U.S. Government agency securities 15,369 15,478 15,907 16,272
Asset backed debt securities 8,819 8,815 8,447 8,484
U.S. Treasury securities 3,589 3,651 - -
Other 2,360 2,363 3,060 3,069
Foreign government debt securities - - 10,300 10,210
Total available-for-sale short-term
investments 503,367 505,999 372,770 377,692
High yield trading debt securities 24,751 26,570 24,784 26,771
Other trading debt securities 3,271 3,568 2,669 2,888
Total available-for-sale and trading
short-term Investments $531,389 $536,137 $400,223 $407,351
Assets:
Available-for-sale securities -
short-term investments:
Money market funds $229,841 $229,841 $ - $ -
Corporate bonds 109,638 - 109,638 -
Fixed income mutual funds 60,295 60,295 - -
Fixed rate municipal notes and
bonds 46,018 - 46,018 -
Variable rate demand notes 29,900 - 29,900 -
U.S. Government agency securities 15,478 - 15,478 -
Asset backed debt securities 8,815 - 8,815 -
U.S. Treasury securities 3,651 - 3,651 -
Other 2,363 - 2,363 -
Trading securities - short-term
investments:
High yield debt securities 26,570 - 26,570 -
Other debt securities 3,568 - 3,568 -
Trading securities - other current
assets:
Domestic equity securities 11,779 11,779 - -
Foreign equity securities 7,651 3,790 3,861 -
Fixed income mutual funds 3,625 3,625 - -
Money market funds 3,225 3,225 - -
U.S. Treasury securities 2,535 - 2,535 -
U.S. Government agency securities 1,615 - 1,615 -
Other 172 153 19 -
Derivatives:
Commodities 2,790 2,790 - -
Foreign currencies 28 - 28 -
Total Assets $569,557 $315,498 $254,059 $ -
Liabilities:
Derivatives:
Commodities (1) 50,464 50,464 - -
Interest rate swaps 6,367 - 6,367 -
Foreign currencies 6,235 - 6,235 -
Total Liabilities $ 63,066 $ 50,464 $ 12,602 $ -
2010 2009
(Thousands of dollars) Amortized Fair Amortized Fair
Cost Value Cost Value
Short-term investments,
available-for-sale $503,367 $505,999 $372,770 $377,692
Short-term investments,
trading debt securities 28,022 30,138 27,453 29,659
Long-term debt 76,845 79,507 78,869 82,415
Components of net periodic benefit cost:
Service cost $ 1,586 $ 1,509 $ 4,755 $ 4,520
Interest cost 2,166 2,046 6,493 6,127
Expected return on plan assets (1,556) (1,197) (4,663) (3,579)
Amortization and other 999 1,252 2,995 3,747
Net periodic benefit cost $ 3,195 $ 3,610 $ 9,580 $10,815
Read the The complete Report
