Company Information

  

Address: 802 NORTH DOUTY STREET  
City: HANFORD 
State: CA 
Zip Code: 93230 
Telephone: 559 884 2535 

Description of Business

Primary SIC Code: 0100
(As filed with the SEC)  

Founded in 1980 and headquartered in the Central Valley of California, we are a global agricultural company. Grounded in our historical expertise and, what we believe is our present leading position in the breeding, production and sale of alfalfa seed, we continue to build towards our goal of being recognized as the world's preferred proprietary forage, grain and specialty crop seed company. In addition to our primary activities in alfalfa seed, we have recently expanded our product portfolio by adding hybrid sorghum and sunflower seed germplasm, which complement our alfalfa seed offerings by allowing us to leverage our infrastructure, research and development expertise and our distribution channels. We believe that such diversification will allow us to enter new markets with historically higher margins.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/2017-0.67NAN/E
03/2017-0.07NAN/E
12/2016-0.06NAN/E
09/2016-0.03NAN/E
06/20160.02NA218.00
03/2016-0.01NAN/E
12/2015-0.08NAN/E
09/2015-0.31NAN/E

Key Financial Ratios and Statistics

FYE: 06/30

Profitability 2017 Leverage 2017
Net Inc/Comm Equity-0.14Total Liab/Total Assets0.48
Net Inc/Total Assets-0.10Total Liab/Inv Cap1.99
Net Inc/Inv Cap-0.42Total Liab/Comm Equity0.67
Pretax Inc/Net Sales-0.06Interest Coverage Ratio-0.68
Net Inc/Net Sales-0.16Curr Debt/Equity0.62
Cash Flow/Net Sales-0.14LTD/Equity0.06
SG&A/NetSales0.16Total Debt/Equity0.68
Asset Utilization   Liquidity  
Net Receivables Turnover2.96Quick Ratio0.49
Inventory Turnover2.22Current Ratio1.11
Inventory Day Sales0.01Net Rec/Curr Assets0.41
Net Sales/Work Cap13.93Inv/Curr Assets0.56
Net Sales/PP&E5.55  

Income Statement (Millions)

  6/30/2017 3/31/2017 12/31/2016 9/30/2016
Total Revenues(Net Sales) 17.89 21.01 24.23 12.25
Cost of Goods Sold 14.71 15.21 19.01 10.31
Selling & Admin Exps 4.03 2.72 2.59 2.46
Operating Income -2.60 1.24 1.04 -2.09
Interest Exp 0.42 0.45 0.68 0.95
Pretax Income -2.93 1.79 1.27 -4.32
Other Income 0.02 1.09 0.90 -1.23
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -11.09 1.33 1.16 -3.22

Balance Sheet (Millions)

Assets 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Cash & Short Term Investments 0.75 3.32 2.11 5.26
Receivables - Total 23.24 23.18 25.63 27.65
Inventories - Total 31.49 38.05 42.55 49.57
Total Current Assets 56.72 66.11 71.35 83.76
Net Property, Plant & Equipment 13.58 13.47 13.22 12.59
Total Assets 117.10 134.61 141.34 153.80
Liabilities        
Accounts Payable 10.22 8.89 29.40 43.15
Debt in Current Liabilities 37.71 46.43 33.66 13.67
Total Current Liabilities 51.31 58.23 65.89 67.92
Long-Term Debt 3.93 4.55 5.54 16.61
Total Liabilities 55.88 62.83 71.62 86.99
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 0.02 0.02 0.02 0.02
Retained Earnings -16.44 -5.35 -6.67 -7.83
Treasury Stock -0.13 -0.13 -0.13 -0.13
Total Stockholders' Equity 61.22 71.78 69.73 66.81
Total Liabilities and Stockholders' Equity 117.10 134.61 141.34 153.80

Cash Flow Summary (Millions)

Categories 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Net Cash Provided by Operating Activities 6.69 -11.00 -13.59 7.60
Net Cash Provided by Investing Activities -0.50 -0.35 -1.09 -0.29
Net Cash Provided by Financing Activities -8.78 12.31 11.75 -9.08

Annual Summary Data (Millions)

Year Sales Net Income EPS
06/201337.34-2.52-0.29
06/201451.530.370.03
06/201581.21-3.16-0.25
06/201696.040.370.02
06/201775.37-11.82-0.67
Growth Rates19.20----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/173811,52455.66




Report Date : 10/16/2017

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