Financial performance - Canadian Industry Statistics

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Fruit and vegetable canning, pickling and drying - 31142

Here you will find information on average revenues, expenses and profits for small and medium-sized businesses in this sub-sector. You can use this information to see how your business measures up to the competition.

The links below provide two views of reports with different parameters. Other reports are available with other selections such as Provinces/Canada, Incorporation Status, Distribution, Value and Industry. A customized report, including the ability to add your own data; export reports to Excel and search for other NAICS reports, is available from the Financial Performance Data application.

Revenue range:
Annual revenues $30,000 - $5,000,000
Provinces/territory/Canada:
Canada
Incorporation status:
All businesses
Note: Balance sheet information is not available for all businesses and unincorporated businesses under the incorporation status.
Distribution by:
Total revenue
Value in:
Thousands of dollars
Data year:
2021
Industry:
Fruit and vegetable canning, pickling and drying - 31142

N/A = Data not available based on selected status

Report by revenue in thousand of dollars
  Whole
industry
(reliability)		 Bottom
quartile
(25%)		 Lower
middle
(25%)		 Upper
middle
(25%)		 Top
quartile
(25%)		 Percentage of
businesses
reporting
Number of businesses 144
Revenue range:
Low ($000) 30 30 68 223 658
High ($000) 5,000 68 223 658 5,000
REVENUES AND EXPENSES (thousands of dollars) - Averages
Total revenue 600.1C 47.6 126.8 388.9 1,837.0 100.0
Sales of goods and services N/A N/A N/A N/A N/A N/A
All other revenues N/A N/A N/A N/A N/A N/A
Cost of sales (direct expenses) 312.5C 17.1 62.1 162.7 1,008.2 87.5
Wages and benefits 43.9C 3.1 8.9 28.8 134.9 40.3
Purchases, materials and sub-contracts 273.6C 14.4 53.8 136.0 890.0 86.1
Opening Inventory 54.5C 3.0 7.4 27.6 179.9 54.9
Closing inventory 59.4C 3.5 8.0 29.7 196.5 56.9
Operating expenses (indirect expenses) 250.7E 26.7 62.8 197.1 716.1 98.6
Labour and commissions 84.4C 1.4 9.9 55.4 271.0 54.9
Amortization and depletion 16.5C 3.2 6.1 13.2 43.4 79.9
Repairs and maintenance 10.6E 1.0 2.0 7.8 31.4 64.6
Utilities and telephone/telecommunication 8.9C 2.1 3.4 9.4 20.6 83.3
Rent 19.7C 4.0 7.1 20.3 47.4 68.1
Interest and bank charges 12.7E 1.0 3.7 27.9 18.1 57.6
Professional and business fees 11.9E 1.9 5.6 9.8 30.6 85.4
Advertising and promotion 9.0E 1.1 2.8 9.0 23.0 69.4
Delivery, shipping and warehouse expenses 4.2C 0.8 0.9 2.7 12.3 33.3
Insurance 5.2C 1.4 2.2 4.5 12.8 77.8
Other expenses 67.6E 8.7 19.0 37.1 205.6 95.1
Total expenses 563.2C 43.7 124.9 359.8 1,724.3 98.6
Net profit/loss 36.9A 3.9 1.9 29.1 112.7 100.0
BALANCE SHEET (thousands of dollars) - Averages
Total assets N/A N/A N/A N/A N/A
Total current assets N/A N/A N/A N/A N/A
Accounts receivable N/A N/A N/A N/A N/A
Closing inventory N/A N/A N/A N/A N/A
Other current assets N/A N/A N/A N/A N/A
Net tangible and intangible assets N/A N/A N/A N/A N/A
All other assets and adjustments N/A N/A N/A N/A N/A
Total liabilities N/A N/A N/A N/A N/A
Total current liabilities N/A N/A N/A N/A N/A
Current bank loans N/A N/A N/A N/A N/A
Other current liabilities N/A N/A N/A N/A N/A
Long term liabilities N/A N/A N/A N/A N/A
Total equity N/A N/A N/A N/A N/A
FINANCIAL RATIOS Averages
Current ratio N/A N/A N/A N/A N/A
Debt to equity ratio N/A N/A N/A N/A N/A
Interest coverage ratio 3.9 4.7 1.5 2.0 7.2
Debt ratio N/A N/A N/A N/A N/A
Revenue to equity ratio N/A N/A N/A N/A N/A
Revenue to closing inventory ratio N/A N/A N/A N/A N/A
Current debt to equity (%) N/A N/A N/A N/A N/A
Net profit to equity (%) N/A N/A N/A N/A N/A
Net fixed assets to equity (%) N/A N/A N/A N/A N/A
Gross margin (%) 47.9 64.2 51.1 58.2 45.1
Return on total assets (%) N/A N/A N/A N/A N/A
Collection period for accounts receivable (days) N/A N/A N/A N/A N/A
PROFITABLE vs NON-PROFITABLE BUSINESSES (thousands of dollars)
Profitable
Percentage of businesses (%) 68.1 N/A N/A N/A N/A
Total revenue 668.9C 48.8 132.0 398.7 1,834.7
Total expenses 552.7C 30.2 103.0 307.3 1,549.9
Net profit 116.1C 18.7 29.0 91.4 284.9
Non-Profitable
Percentage of businesses (%) 31.9 N/A N/A N/A N/A
Total revenue 453.5E 45.2 120.4 363.5 1,844.9
Total expenses 585.4C 70.9 152.3 496.4 2,334.7
Net loss -131.9E -25.7 -31.9 -132.9 -489.8

Source: Statistics Canada – Financial Performance Data

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