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Seaboard Quick Ratio

: 1.31 (As of Jun. 2022)
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The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Seaboard's quick ratio for the quarter that ended in Jun. 2022 was 1.31.

Seaboard has a quick ratio of 1.31. It generally indicates good short-term financial strength.

The historical rank and industry rank for Seaboard's Quick Ratio or its related term are showing as below:

SEB' s Quick Ratio Range Over the Past 10 Years
Min: 0.83   Med: 1.8   Max: 3.98
Current: 1.31

During the past 13 years, Seaboard's highest Quick Ratio was 3.98. The lowest was 0.83. And the median was 1.80.

SEB's Quick Ratio is ranked better than
61.6% of 513 companies
in the Conglomerates industry
Industry Median: 1.09 vs SEB: 1.31

Seaboard Quick Ratio Historical Data

The historical data trend for Seaboard's Quick Ratio 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.

Seaboard Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Quick Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.87 2.82 1.96 2.02 1.54

Seaboard Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Quick Ratio 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 Premium Member Only Premium Member Only Premium Member Only 1.69 1.65 1.54 1.45 1.31

Competitive Comparison

For the Conglomerates subindustry, Seaboard's Quick Ratio, along with its competitors' market caps and Quick Ratio 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.

   

Seaboard Quick Ratio Distribution

For the Conglomerates industry and Industrials sector, Seaboard's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Seaboard's Quick Ratio falls into.



Seaboard Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Seaboard's Quick Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Quick Ratio (A: Dec. 2021 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(4047-1663)/1552
=1.54

Seaboard's Quick Ratio for the quarter that ended in Jun. 2022 is calculated as

Quick Ratio (Q: Jun. 2022 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(4141-1844)/1757
=1.31

* 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.


Seaboard  (AMEX:SEB) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Seaboard Quick Ratio Related Terms

Thank you for viewing the detailed overview of Seaboard's Quick Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Seaboard Business Description

Seaboard logo
Traded in Other Exchanges
Address
9000 West 67th Street, Merriam, KS, USA, 66202
Seaboard Corp is a conglomerate of food production and transportation businesses. The group operates six business segments: pork, commodity trading and milling, marine, sugar and alcohol, power, and turkey. The group offers hog production and pork processing, biodiesel production, agriculture commodity trading, agriculture commodity processing and logistics, grain and feed milling, cargo shipping, sugarcane production, alcohol production, sugar refining, power production, turkey production and processing, and production of jalapeno peppers. The largest end markets by revenue are the Caribbean and Central and South America.
Executives
Shifman Frances B director 9000 WEST 67TH STREET SHAWNEE MISSION KS 66202
Vacas Jacques Emma Alejandra officer: Assistant Treasurer 9000 WEST 67TH STREET SHAWNEE MISSION KS 66202
Hubler James T officer: Assoc. Gen Counsel & Asst. Sec 9000 WEST 67TH STREET SHAWNEE MISSION KS 66202
Hodes Benjamin R officer: Vice President, Finance 9000 WEST 67TH STREET SHAWNEE MISSION KS 66202
Loudon Elizabeth A officer: Vice President, Tax 9000 WEST 67TH STREET SHAWNEE MISSION KS 66202
Warner John B officer: Vice President-Human Resources 9000 WEST 67TH STREET SHAWNEE MISSION KS 66202
Hoskins Adriana N officer: Vice President and Treasurer 9000 WEST 67TH STREET MERRIAM KS 66202
Brown Peter B officer: Pres. & CEO, Seaboard Foods 9000 WEST 67TH STREET SHAWNEE MISSION KS 66202
Bresky Jacob A. officer: Vice Pres-Business Development 9000 WEST 67TH STREET 3RD FLOOR SHAWNEE MISSION KS 66202
Bresky Ellen S. director, 10 percent owner 9000 WEST 67TH STREET 3RD FLOOR SHAWNEE MISSION KS 66202
Baena Douglas W director
Sand Darwin E officer: Pres. & CEO, Seaboard Foods 9000 WEST 67TH STREET SHAWNEE MISSION KS 66202
Winfield Ivan J. Jr officer: VP-Information Technology 9000 WEST 67TH STREET SHAWNEE MISSION KS 66202
Squires Paul M. director SEABOARD FLOUR 1320 CENTRE STREET, SUITE 200 NEWTON CENTER MA 02459
Trollinger Michael D. officer: VP, Corporate Controller, CAO 9000 WEST 67TH STREET SHAWNEE MISSION KS 66202
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