Simply Historical Balance Sheet

SMPL Stock  USD 37.21  0.09  0.24%   
Trend analysis of Simply Good Foods balance sheet accounts such as Noncontrolling Interest In Consolidated Entity of 0.0, Retained Earnings of 420.2 M, Accounts Payable of 63.6 M or Cash of 91.5 M provides information on Simply Good's total assets, liabilities, and equity, which is the actual value of Simply Good Foods to its prevalent stockholders. By breaking down trends over time using Simply Good balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Simply Good Foods latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Simply Good Foods is a good buy for the upcoming year.

Simply Good Inventory

140.78 Million

  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Simply Good Foods. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

About Simply Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Simply Good Foods at a specified time, usually calculated after every quarter, six months, or one year. Simply Good Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Simply Good and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Simply currently owns. An asset can also be divided into two categories, current and non-current.

Simply Good Balance Sheet Chart

Simply Good Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Simply Good Foods uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Simply Good's Short Term Investments are quite stable compared to the past year. Inventory is expected to rise to about 140.8 M this year, although the value of Cash will most likely fall to about 91.5 M.

Total Assets

Total assets refers to the total amount of Simply Good assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Simply Good Foods books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Cash

Cash refers to the most liquid asset of Simply Good Foods, which is listed under current asset account on Simply Good Foods balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Simply Good customers. The amounts must be unrestricted with restricted cash listed in a different Simply Good account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Capital Lease Obligations

Simply Good Foods capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Simply Good asset purchases. For example, Simply Good can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Simply Good control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
Most accounts from Simply Good's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Simply Good Foods current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Simply Good Foods. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
At this time, Simply Good's Short Term Investments are quite stable compared to the past year. Inventory is expected to rise to about 140.8 M this year, although the value of Cash will most likely fall to about 91.5 M.
 2021 2023 2024 (projected)
Long Term Debt Total403.0M463.5M388.2M
Net Receivables132.7M166.8M175.2M

Simply Good balance sheet Correlations

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0.820.850.960.880.90.35-0.060.390.730.780.580.910.290.730.490.91-0.890.89-0.370.940.390.940.410.920.78
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0.60.390.250.280.390.26-0.460.120.080.160.290.730.19-0.04-0.40.26-0.120.32-0.770.40.220.290.680.220.15
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0.320.330.280.10.230.99-0.340.030.40.410.390.520.170.220.230.20.58-0.080.17-0.520.130.15-0.120.34-0.07
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Simply Good Account Relationship Matchups

Simply Good balance sheet Accounts

201920202021202220232024 (projected)
Total Assets2.0B2.1B2.1B2.1B2.4B1.3B
Total Current Liabilities71.5M113.7M102.2M89.9M103.3M108.5M
Total Stockholder Equity1.1B1.2B1.4B1.6B1.8B1.9B
Retained Earnings64.9M105.8M214.4M348.0M400.1M420.2M
Accounts Payable32.2M59.7M62.1M52.7M60.6M63.6M
Cash95.8M75.3M67.5M87.7M100.9M91.5M
Other Assets4.0M7.1M54.8M58.1M52.3M42.7M
Common Stock Total Equity820K958K959K1.0M1.2M631.5K
Retained Earnings Total Equity105.8M140.5M64.9M214.4M246.5M258.9M
Inventory59.1M97.3M125.5M116.6M134.1M140.8M
Total Liab869.1M863.4M655.6M526.0M604.9M557.3M
Total Current Assets260.3M298.7M351.6M371.7M427.4M448.8M
Accumulated Other Comprehensive Income(879K)(818K)(2.0M)(2.6M)(2.3M)(2.2M)
Intangible Assets1.2B1.1B1.1B1.1B1.3B1.3B
Common Stock958K959K1.0M1.0M917.1K871.2K
Property Plant Equipment2.6M2.5M11.9M18.2M20.9M21.9M
Cash And Short Term Investments95.8M75.3M67.5M87.7M100.9M93.3M
Net Receivables89.7M111.5M132.7M145.1M166.8M175.2M
Long Term Debt Total190.9M190.3M596.9M403.0M463.5M388.2M
Capital Surpluse733.8M1.1B1.1B1.3B1.5B1.6B
Other Current Assets11.9M9.7M20.9M16.0M18.4M11.7M
Other Stockholder Equity1.1B1.1B1.2B1.2B1.4B800.5M
Short Long Term Debt Total601.5M455.3M409.5M289.4M332.8M366.2M
Other Current Liab34.6M49.9M33.6M29.4M33.9M35.5M
Other Liab65.9M84.4M298.5M150.3M135.3M134.5M
Net Tangible Assets59.9M(470.6M)(564.2M)(227.7M)(205.0M)(215.2M)
Property Plant And Equipment Net11.9M16.6M18.2M24.9M28.6M30.0M
Current Deferred Revenue29.3M84.4M93.8M105.7M121.5M66.0M
Net Debt505.6M380.0M342.0M201.6M231.9M223.3M
Non Current Assets Total1.7B1.8B1.7B1.7B2.0B1.3B
Non Currrent Assets Other32.8M54.8M58.1M49.3M56.7M59.6M
Common Stock Shares Outstanding98.3M97.4M100.6M100.9M116.0M87.6M
Liabilities And Stockholders Equity2.0B2.1B2.1B2.1B2.4B1.5B
Non Current Liabilities Total797.6M749.7M553.3M436.1M501.5M442.4M
Property Plant And Equipment Gross11.9M21.7M26.2M36.7M42.3M44.4M

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When determining whether Simply Good Foods is a strong investment it is important to analyze Simply Good's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Simply Good's future performance. For an informed investment choice regarding Simply Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Simply Good Foods. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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Is Simply Good's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Simply Good. If investors know Simply will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Simply Good listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.32
Earnings Share
1.39
Revenue Per Share
12.705
Quarterly Revenue Growth
0.053
Return On Assets
0.0629
The market value of Simply Good Foods is measured differently than its book value, which is the value of Simply that is recorded on the company's balance sheet. Investors also form their own opinion of Simply Good's value that differs from its market value or its book value, called intrinsic value, which is Simply Good's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Simply Good's market value can be influenced by many factors that don't directly affect Simply Good's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Simply Good's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simply Good is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simply Good's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.