Simply Deferred Long Term Liab vs Total Assets Analysis

SMPL Stock  USD 37.07  0.42  1.12%   
Simply Good financial indicator trend analysis is much more than just breaking down Simply Good Foods prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Simply Good Foods is a good investment. Please check the relationship between Simply Good Deferred Long Term Liab and its Total Assets accounts. 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.

Deferred Long Term Liab vs Total Assets

Deferred Long Term Liab vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Simply Good Foods Deferred Long Term Liab account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Simply Good's Deferred Long Term Liab and Total Assets is 0.7. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Total Assets in the same time period over historical financial statements of Simply Good Foods, assuming nothing else is changed. The correlation between historical values of Simply Good's Deferred Long Term Liab and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Simply Good Foods are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Deferred Long Term Liab i.e., Simply Good's Deferred Long Term Liab and Total Assets go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

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.
Most indicators from Simply Good's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Tax Provision is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.12 this year, although the value of Selling General Administrative will most likely fall to about 694.1 K.
 2021 2022 2024 (projected)
Other Operating Expenses965.9M1.0B24.7K
Interest Income15K1.1M978.1K

Simply Good fundamental ratios Correlations

0.820.850.690.880.3-0.110.490.760.820.820.720.760.60.70.260.76-0.660.85-0.450.840.320.820.690.830.75
0.820.870.730.960.27-0.090.710.730.770.850.430.940.390.820.620.93-0.720.94-0.440.890.330.90.640.880.69
0.850.870.860.950.230.060.50.80.840.960.550.930.250.770.550.88-0.820.95-0.220.940.280.970.50.970.78
0.690.730.860.830.08-0.030.170.490.540.880.50.850.280.530.290.73-0.910.77-0.330.930.10.920.390.770.71
0.880.960.950.830.19-0.010.580.750.80.90.540.960.390.770.510.89-0.810.96-0.340.950.230.960.620.930.79
0.30.270.230.080.19-0.37-0.050.340.360.350.550.10.260.150.090.52-0.050.11-0.550.090.990.1-0.130.28-0.11
-0.11-0.090.06-0.03-0.01-0.370.2-0.14-0.14-0.06-0.340.06-0.460.140.22-0.13-0.050.010.63-0.02-0.340.070.05-0.10.1
0.490.710.50.170.58-0.050.20.560.550.39-0.070.590.120.750.740.54-0.220.71-0.030.460.030.50.690.550.43
0.760.730.80.490.750.34-0.140.560.990.730.420.720.080.830.650.77-0.530.8-0.090.630.40.680.310.90.66
0.820.770.840.540.80.36-0.140.550.990.780.480.760.160.840.610.8-0.590.83-0.150.690.410.730.370.920.71
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
0.720.430.550.50.540.55-0.34-0.070.420.480.580.330.730.1-0.250.49-0.350.42-0.650.510.520.460.330.510.26
0.760.940.930.850.960.10.060.590.720.760.910.330.190.840.660.89-0.880.94-0.230.950.170.970.510.910.82
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
0.70.820.770.530.770.150.140.750.830.840.730.10.84-0.040.830.8-0.670.83-0.060.70.230.750.430.80.77
0.260.620.550.290.510.090.220.740.650.610.49-0.250.66-0.40.830.65-0.40.620.170.420.20.510.140.620.42
0.760.930.880.730.890.52-0.130.540.770.80.910.490.890.260.80.65-0.740.86-0.460.830.580.860.40.90.62
-0.66-0.72-0.82-0.91-0.81-0.05-0.05-0.22-0.53-0.59-0.89-0.35-0.88-0.12-0.67-0.4-0.74-0.750.22-0.89-0.08-0.88-0.27-0.76-0.86
0.850.940.950.770.960.110.010.710.80.830.890.420.940.320.830.620.86-0.75-0.250.930.170.950.680.950.79
-0.45-0.44-0.22-0.33-0.34-0.550.63-0.03-0.09-0.15-0.37-0.65-0.23-0.77-0.060.17-0.460.22-0.25-0.36-0.52-0.25-0.34-0.22-0.02
0.840.890.940.930.950.09-0.020.460.630.690.940.510.950.40.70.420.83-0.890.93-0.360.130.980.610.890.83
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
0.820.90.970.920.960.10.070.50.680.730.940.460.970.290.750.510.86-0.880.95-0.250.980.150.570.920.82
0.690.640.50.390.62-0.130.050.690.310.370.410.330.510.680.430.140.4-0.270.68-0.340.61-0.120.570.450.45
0.830.880.970.770.930.28-0.10.550.90.920.920.510.910.220.80.620.9-0.760.95-0.220.890.340.920.450.77
0.750.690.780.710.79-0.110.10.430.660.710.780.260.820.150.770.420.62-0.860.79-0.020.83-0.070.820.450.77
Click cells to compare fundamentals

Simply Good Account Relationship Matchups

Simply Good fundamental ratios 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.
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When running Simply Good's price analysis, check to measure Simply Good's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Simply Good is operating at the current time. Most of Simply Good's value examination focuses on studying past and present price action to predict the probability of Simply Good's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Simply Good's price. Additionally, you may evaluate how the addition of Simply Good to your portfolios can decrease your overall portfolio volatility.
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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.