| Address:
|
250 E FIFTH ST
|
| City: |
CINCINNATI |
|
State: |
OH |
|
Zip Code: |
45202 |
| Telephone: |
513-784-8880 |
|
Description of Business
|
Primary SIC Code:
0100 |
| (As filed with the SEC)
|
|
|
Chiquita Brands International, Inc. ("CBII") and its subsidiaries (collectively,
"Chiquita," we, us or the company) operate as a leading international marketer
and distributor of (1) bananas and other fresh produce sold under the Chiquita®
and other brand names in nearly 70 countries and (2) packaged salads sold under
the Fresh Express® and other brand names primarily in the United States. We
produce approximately one-third of the bananas we market on our own farms, and
purchase the remainder of the bananas and all of the lettuce and other fresh
produce from third-party suppliers throughout the world. No individual customer
accounted for more than 10% of net sales during any of the last three years.
Business Segments
Chiquita reports the following three business segments:
. Bananas. Includes the sourcing (purchase and production), transportation,
marketing and distribution of bananas.
. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 09/2011 | 1.15 | NA | 7.25 | | 06/2011 | 1.58 | NA | 8.24 | | 03/2011 | 1.97 | NA | 7.79 | | 12/2010 | 1.32 | NA | 10.62 | | 09/2010 | 1.44 | NA | 9.19 | | 06/2010 | 1.76 | NA | 6.90 | | 03/2010 | 1.63 | NA | 9.65 | | 12/2009 | 2.02 | NA | 8.93 |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2010 |
Leverage |
2010 |
| Net Inc/Comm Equity | 0.07 | Total Liab/Total Assets | 0.64 | | Net Inc/Total Assets | 0.03 | Total Liab/Inv Cap | 0.81 | | Net Inc/Inv Cap | 0.04 | Total Liab/Comm Equity | 1.63 | | Pretax Inc/Net Sales | 0.02 | Interest Coverage Ratio | 2.03 | | Net Inc/Net Sales | 0.02 | Curr Debt/Equity | 0.03 | | Cash Flow/Net Sales | 0.03 | LTD/Equity | 0.83 | | SG&A/NetSales | 0.09 | Total Debt/Equity | 0.86 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 7.78 | Quick Ratio | 1.45 | | Inventory Turnover | 13.01 | Current Ratio | 1.96 | | Inventory Day Sales | 0.04 | Net Rec/Curr Assets | 0.47 | | Net Sales/Work Cap | 8.14 | Inv/Curr Assets | 0.26 | | Net Sales/PP&E | 9.23 | | |
Income Statement (Millions) |
| |
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Total Revenues(Net Sales)
|
722.76
|
870.35
|
824.46
|
773.07
|
|
Cost of Goods Sold
|
640.30
|
715.52
|
688.06
|
690.24
|
|
Selling & Admin Exps
|
76.17
|
125.18
|
76.51
|
76.49
|
|
Operating Income
|
-10.40
|
13.85
|
42.20
|
-12.97
|
|
Interest Exp
|
12.36
|
14.17
|
14.21
|
14.21
|
|
Pretax Income
|
-32.43
|
0.68
|
29.10
|
-23.55
|
|
Other Income
|
-9.67
|
1.00
|
1.11
|
3.63
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
-28.83
|
77.78
|
24.20
|
-19.65
|
|
Assets
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Cash & Short Term Investments
|
132.78
|
195.69
|
113.60
|
156.48
|
|
Receivables - Total
|
359.27
|
398.97
|
442.13
|
381.92
|
|
Inventories - Total
|
237.95
|
225.82
|
218.73
|
212.25
|
|
Total Current Assets
|
827.39
|
917.60
|
863.06
|
808.63
|
|
Net Property, Plant & Equipment
|
358.31
|
353.91
|
348.09
|
349.65
|
|
Total Assets
|
2,055.19
|
2,141.97
|
2,111.17
|
2,067.15
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
404.27
|
428.75
|
401.94
|
391.76
|
|
Debt in Current Liabilities
|
16.77
|
20.23
|
20.16
|
20.17
|
|
Total Current Liabilities
|
421.04
|
448.98
|
422.10
|
411.93
|
|
Long-Term Debt
|
607.64
|
608.21
|
610.99
|
613.97
|
|
Total Liabilities
|
1,235.77
|
1,262.26
|
1,306.28
|
1,327.16
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
NA
|
NA
|
NA
|
NA
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
NA
|
|
Common Stock
|
0.46
|
0.45
|
0.45
|
0.45
|
|
Retained Earnings
|
-2.76
|
26.06
|
-51.71
|
-75.92
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
819.42
|
879.71
|
804.89
|
739.99
|
|
Total Liabilities and Stockholders' Equity
|
2,055.19
|
2,141.97
|
2,111.17
|
2,067.15
|
Cash Flow Summary (Millions) |
|
Categories
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Net Cash Provided by Operating Activities
|
-29.38
|
102.68
|
-25.71
|
10.07
|
|
Net Cash Provided by Investing Activities
|
-16.28
|
-15.75
|
-12.13
|
-31.01
|
|
Net Cash Provided by Financing Activities
|
-17.25
|
-4.83
|
-5.05
|
-5.05
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2006 | 4,499.08 | -95.93 | -2.28 | | 12/2007 | 4,662.78 | -49.04 | -1.22 | | 12/2008 | 3,609.37 | -323.73 | -7.43 | | 12/2009 | 3,470.44 | 90.49 | 2.02 | | 12/2010 | 3,227.43 | 57.36 | 1.32 | | Growth Rates | -7.97 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 156 | 40,570 | 88.63 |
|
Report Date :
2/6/2012
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