$SEB
SEABOARD CORP /DE/

2022 Q2 Form 10-Q Financial Statement

#000008812122000040 Filed on May 03, 2022

View on sec.gov

Income Statement

Concept 2022 Q2 2021 Q2
Revenue $2.709B $2.059B
YoY Change 31.57% 13.88%
Cost Of Revenue $2.473B $1.881B
YoY Change 31.47% 9.42%
Gross Profit $236.0M $178.0M
YoY Change 32.58% 100.0%
Gross Profit Margin 8.71% 8.64%
Selling, General & Admin $90.00M $86.00M
YoY Change 4.65% 7.5%
% of Gross Profit 38.14% 48.31%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $50.00M $42.00M
YoY Change 19.05% 16.67%
% of Gross Profit 21.19% 23.6%
Operating Expenses $90.00M $86.00M
YoY Change 4.65% 7.5%
Operating Profit $146.0M $92.00M
YoY Change 58.7% 922.22%
Interest Expense -$35.00M $101.0M
YoY Change -134.65% 1583.33%
% of Operating Profit -23.97% 109.78%
Other Income/Expense, Net -$27.00M $107.0M
YoY Change -125.23% 1.9%
Pretax Income $119.0M $199.0M
YoY Change -40.2% 74.56%
Income Tax $15.00M $20.00M
% Of Pretax Income 12.61% 10.05%
Net Earnings $104.0M $179.0M
YoY Change -41.9% -762.96%
Net Earnings / Revenue 3.84% 8.69%
Basic Earnings Per Share $89.28 $154.00
Diluted Earnings Per Share $88.73M $154.2M
COMMON SHARES
Basic Shares Outstanding 1.161M 1.161M
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q2 2021 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.389B $1.449B
YoY Change -4.14% 15.37%
Cash & Equivalents $94.00M $65.00M
Short-Term Investments $1.295B $1.384B
Other Short-Term Assets $139.0M $130.0M
YoY Change 6.92% 11.11%
Inventory $1.698B $1.360B
Prepaid Expenses
Receivables $843.0M $672.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $4.069B $3.611B
YoY Change 12.68% 23.92%
LONG-TERM ASSETS
Property, Plant & Equipment $2.514B $2.032B
YoY Change 23.72% 37.39%
Goodwill $161.0M $172.0M
YoY Change -6.4% 5.52%
Intangibles
YoY Change
Long-Term Investments $679.0M $677.0M
YoY Change 0.3% -4.11%
Other Assets $246.0M $201.0M
YoY Change 22.39% 10.44%
Total Long-Term Assets $3.600B $3.082B
YoY Change 16.81% 4.16%
TOTAL ASSETS
Total Short-Term Assets $4.069B $3.611B
Total Long-Term Assets $3.600B $3.082B
Total Assets $7.669B $6.693B
YoY Change 14.58% 13.96%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $466.0M $338.0M
YoY Change 37.87% 78.84%
Accrued Expenses $166.0M $114.0M
YoY Change 45.61% 0.88%
Deferred Revenue $115.0M $88.00M
YoY Change 30.68% 100.0%
Short-Term Debt $531.0M $346.0M
YoY Change 53.47% 57.27%
Long-Term Debt Due $9.000M
YoY Change -89.02%
Total Short-Term Liabilities $1.632B $1.183B
YoY Change 37.95% 15.75%
LONG-TERM LIABILITIES
Long-Term Debt $705.0M $704.0M
YoY Change 0.14% 2.47%
Other Long-Term Liabilities $388.0M $369.0M
YoY Change 5.15% 12.16%
Total Long-Term Liabilities $1.503B $1.490B
YoY Change 0.87% 1.98%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.632B $1.183B
Total Long-Term Liabilities $1.503B $1.490B
Total Liabilities $3.135B $2.673B
YoY Change 17.28% 7.65%
SHAREHOLDERS EQUITY
Retained Earnings $4.947B $4.463B
YoY Change 10.84% 16.44%
Common Stock $1.000M $1.000M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $4.515B $4.009B
YoY Change
Total Liabilities & Shareholders Equity $7.669B $6.693B
YoY Change 14.58% 13.96%

Cashflow Statement

Concept 2022 Q2 2021 Q2
OPERATING ACTIVITIES
Net Income $104.0M $179.0M
YoY Change -41.9% -762.96%
Depreciation, Depletion And Amortization $50.00M $42.00M
YoY Change 19.05% 16.67%
Cash From Operating Activities $106.0M -$150.0M
YoY Change -170.67% -241.51%
INVESTING ACTIVITIES
Capital Expenditures $161.0M $96.00M
YoY Change 67.71% -281.13%
Acquisitions
YoY Change
Other Investing Activities -$2.000M -$18.00M
YoY Change -88.89% -125.71%
Cash From Investing Activities -$97.00M $69.00M
YoY Change -240.58% 305.88%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $3.000M $48.00M
YoY Change -93.75%
Cash From Financing Activities 9.000M 71.00M
YoY Change -87.32% -148.97%
NET CHANGE
Cash From Operating Activities 106.0M -150.0M
Cash From Investing Activities -97.00M 69.00M
Cash From Financing Activities 9.000M 71.00M
Net Change In Cash 19.00M -11.00M
YoY Change -272.73% -50.0%
FREE CASH FLOW
Cash From Operating Activities $106.0M -$150.0M
Capital Expenditures $161.0M $96.00M
Free Cash Flow -$55.00M -$246.0M
YoY Change -77.64% -254.72%

Facts In Submission

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