date:Mar 25, 2014
to a positive $42 million in 2013. Lower banana revenue combined with Chiquita Brands' exit out of the North American Deciduous fruit business served as the main catalyst for decline in overall 2013 revenue. Timing of receivables and lower capital expenditures contributed to the increase in free cash flow. Chiquita Brands' balance sheet leaves much room for improvement. While cash comes in at a respectable 14% of stockholder's equity, Chiquita Brands' long-term debt to equity ratio comes in at a