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Seneca Foods (Seneca Foods) Tangible Book per Share : $83.32 (As of Dec. 2023)


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What is Seneca Foods Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. Seneca Foods's tangible book value per share for the quarter that ended in Dec. 2023 was $83.32.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Seneca Foods Tangible Book per Share Historical Data

The historical data trend for Seneca Foods's Tangible Book per Share 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.

* Premium members only.

Seneca Foods Tangible Book per Share Chart

Seneca Foods Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.96 43.18 63.68 69.41 72.61

Seneca Foods Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 77.13 72.61 75.78 80.33 83.32

Competitive Comparison of Seneca Foods's Tangible Book per Share

For the Packaged Foods subindustry, Seneca Foods's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Seneca Foods's Price-to-Tangible-Book Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Seneca Foods's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Seneca Foods's Price-to-Tangible-Book falls into.



Seneca Foods Tangible Book per Share Calculation

Seneca Foods's Tangible Book Value Per Share for the fiscal year that ended in Mar. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(554.75-0.351-0)/7.63566
=72.61

Seneca Foods's Tangible Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(593.438-0.351-0)/7.11833
=83.32

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Seneca Foods  (NAS:SENEA) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Seneca Foods Tangible Book per Share Related Terms

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Seneca Foods (Seneca Foods) Business Description

Traded in Other Exchanges
Address
350 WillowBrook Office Park, Fairport, NY, USA, 14480
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.
Executives
Michael S Wolcott officer: SVP Finance, CFO 350 WILLOWBROOK OFFICE PARK, FAIRPORT NY 14450
Pete Call director 3736 SOUTH MAIN STREET, MARION NY 14505
Bruce Ware director 3605 PATIENCE BLVD, DALLAS TX 75236
Arthur S Wolcott director, 10 percent owner, officer: Chairman 1690 HARBORSOUND DRIVE, LONG BOAT KEY FL 34228
Linda K Nelson director C/O SENECA FOODS CORPORATION, 3736 SOUTH MAIN STREET, MARION NY 14505
Gregory R Ide officer: VP, Controller/Assit.Secretary C/O SENECA FOODS CORPORATION, 3736 SOUTH MAIN STREET, MARION NY 14505
Donald J Stuart director C/O SENECA FOODS CORPORATION, 3736 SOUTH MAIN STREET, MARION NY 14505
Michael F Nozzolio director C/O SENECA FOODS CORPORATION, 3736 SOUTH MAIN STREET, MARION NY 14505
Timothy John Benjamin officer: SVP, CFO and Treasurer 3736 SOUTH MAIN STREET, MARION NY 14505
Keith Alan Woodward director 3736 S. MAIN STREET, MARION NY 14505
Kathryn Jean Boor director 3736 S. MAIN STREET, MARION NY 14505
Timothy Robert Nelson officer: Senior Vice President of Oper. 3736 S. MAIN STREET, MARION NY 14505
Matthew John Henschler officer: Senior VP Technical Services 3736 SOUTH MAIN STREET, MARION NY 14505
Thomas Paulson director 5540 PIONEER CREEK DR, MAPLE PLAIN MN 55359-9003
Sarah S Mortensen officer: Assistant Secretary

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