Simply Net Receivables vs Capital Surpluse 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 Net Receivables and its Capital Surpluse 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.

Net Receivables vs Capital Surpluse

Net Receivables vs Capital Surpluse Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Simply Good Foods Net Receivables account and Capital Surpluse. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Simply Good's Net Receivables and Capital Surpluse is 0.92. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Capital Surpluse 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 Net Receivables and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Simply Good Foods are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Net Receivables i.e., Simply Good's Net Receivables and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

0.92

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Receivables

Capital Surpluse

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 Expenses	965.9M	1.0B	24.7K
Interest Income	15K	1.1M	978.1K

Other Operating Expenses Interest Income

Simply Good fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Good Will	Common Stock Total Equity	Retained Earnings Total Equity	Short Term Investments	Inventory	Total Liab	Deferred Long Term Liab	Preferred Stock Total Equity	Total Current Assets	Treasury Stock	Intangible Assets	Common Stock	Property Plant Equipment	Cash And Short Term Investments	Net Receivables	Long Term Debt Total	Capital Surpluse	Other Current Assets
Total Assets		0.82	0.85	0.69	0.88	0.3	-0.11	0.49	0.76	0.82	0.82	0.72	0.76	0.6	0.7	0.26	0.76	-0.66	0.85	-0.45	0.84	0.32	0.82	0.69	0.83	0.75
Total Current Liabilities	0.82		0.87	0.73	0.96	0.27	-0.09	0.71	0.73	0.77	0.85	0.43	0.94	0.39	0.82	0.62	0.93	-0.72	0.94	-0.44	0.89	0.33	0.9	0.64	0.88	0.69
Total Stockholder Equity	0.85	0.87		0.86	0.95	0.23	0.06	0.5	0.8	0.84	0.96	0.55	0.93	0.25	0.77	0.55	0.88	-0.82	0.95	-0.22	0.94	0.28	0.97	0.5	0.97	0.78
Retained Earnings	0.69	0.73	0.86		0.83	0.08	-0.03	0.17	0.49	0.54	0.88	0.5	0.85	0.28	0.53	0.29	0.73	-0.91	0.77	-0.33	0.93	0.1	0.92	0.39	0.77	0.71
Accounts Payable	0.88	0.96	0.95	0.83		0.19	-0.01	0.58	0.75	0.8	0.9	0.54	0.96	0.39	0.77	0.51	0.89	-0.81	0.96	-0.34	0.95	0.23	0.96	0.62	0.93	0.79
Cash	0.3	0.27	0.23	0.08	0.19		-0.37	-0.05	0.34	0.36	0.35	0.55	0.1	0.26	0.15	0.09	0.52	-0.05	0.11	-0.55	0.09	0.99	0.1	-0.13	0.28	-0.11
Other Assets	-0.11	-0.09	0.06	-0.03	-0.01	-0.37		0.2	-0.14	-0.14	-0.06	-0.34	0.06	-0.46	0.14	0.22	-0.13	-0.05	0.01	0.63	-0.02	-0.34	0.07	0.05	-0.1	0.1
Long Term Debt	0.49	0.71	0.5	0.17	0.58	-0.05	0.2		0.56	0.55	0.39	-0.07	0.59	0.12	0.75	0.74	0.54	-0.22	0.71	-0.03	0.46	0.03	0.5	0.69	0.55	0.43
Good Will	0.76	0.73	0.8	0.49	0.75	0.34	-0.14	0.56		0.99	0.73	0.42	0.72	0.08	0.83	0.65	0.77	-0.53	0.8	-0.09	0.63	0.4	0.68	0.31	0.9	0.66
Common Stock Total Equity	0.82	0.77	0.84	0.54	0.8	0.36	-0.14	0.55	0.99		0.78	0.48	0.76	0.16	0.84	0.61	0.8	-0.59	0.83	-0.15	0.69	0.41	0.73	0.37	0.92	0.71
Retained Earnings Total Equity	0.82	0.85	0.96	0.88	0.9	0.35	-0.06	0.39	0.73	0.78		0.58	0.91	0.29	0.73	0.49	0.91	-0.89	0.89	-0.37	0.94	0.39	0.94	0.41	0.92	0.78
Short Term Investments	0.72	0.43	0.55	0.5	0.54	0.55	-0.34	-0.07	0.42	0.48	0.58		0.33	0.73	0.1	-0.25	0.49	-0.35	0.42	-0.65	0.51	0.52	0.46	0.33	0.51	0.26
Inventory	0.76	0.94	0.93	0.85	0.96	0.1	0.06	0.59	0.72	0.76	0.91	0.33		0.19	0.84	0.66	0.89	-0.88	0.94	-0.23	0.95	0.17	0.97	0.51	0.91	0.82
Total Liab	0.6	0.39	0.25	0.28	0.39	0.26	-0.46	0.12	0.08	0.16	0.29	0.73	0.19		-0.04	-0.4	0.26	-0.12	0.32	-0.77	0.4	0.22	0.29	0.68	0.22	0.15
Deferred Long Term Liab	0.7	0.82	0.77	0.53	0.77	0.15	0.14	0.75	0.83	0.84	0.73	0.1	0.84	-0.04		0.83	0.8	-0.67	0.83	-0.06	0.7	0.23	0.75	0.43	0.8	0.77
Preferred Stock Total Equity	0.26	0.62	0.55	0.29	0.51	0.09	0.22	0.74	0.65	0.61	0.49	-0.25	0.66	-0.4	0.83		0.65	-0.4	0.62	0.17	0.42	0.2	0.51	0.14	0.62	0.42
Total Current Assets	0.76	0.93	0.88	0.73	0.89	0.52	-0.13	0.54	0.77	0.8	0.91	0.49	0.89	0.26	0.8	0.65		-0.74	0.86	-0.46	0.83	0.58	0.86	0.4	0.9	0.62
Treasury Stock	-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		-0.75	0.22	-0.89	-0.08	-0.88	-0.27	-0.76	-0.86
Intangible Assets	0.85	0.94	0.95	0.77	0.96	0.11	0.01	0.71	0.8	0.83	0.89	0.42	0.94	0.32	0.83	0.62	0.86	-0.75		-0.25	0.93	0.17	0.95	0.68	0.95	0.79
Common Stock	-0.45	-0.44	-0.22	-0.33	-0.34	-0.55	0.63	-0.03	-0.09	-0.15	-0.37	-0.65	-0.23	-0.77	-0.06	0.17	-0.46	0.22	-0.25		-0.36	-0.52	-0.25	-0.34	-0.22	-0.02
Property Plant Equipment	0.84	0.89	0.94	0.93	0.95	0.09	-0.02	0.46	0.63	0.69	0.94	0.51	0.95	0.4	0.7	0.42	0.83	-0.89	0.93	-0.36		0.13	0.98	0.61	0.89	0.83
Cash And Short Term Investments	0.32	0.33	0.28	0.1	0.23	0.99	-0.34	0.03	0.4	0.41	0.39	0.52	0.17	0.22	0.23	0.2	0.58	-0.08	0.17	-0.52	0.13		0.15	-0.12	0.34	-0.07
Net Receivables	0.82	0.9	0.97	0.92	0.96	0.1	0.07	0.5	0.68	0.73	0.94	0.46	0.97	0.29	0.75	0.51	0.86	-0.88	0.95	-0.25	0.98	0.15		0.57	0.92	0.82
Long Term Debt Total	0.69	0.64	0.5	0.39	0.62	-0.13	0.05	0.69	0.31	0.37	0.41	0.33	0.51	0.68	0.43	0.14	0.4	-0.27	0.68	-0.34	0.61	-0.12	0.57		0.45	0.45
Capital Surpluse	0.83	0.88	0.97	0.77	0.93	0.28	-0.1	0.55	0.9	0.92	0.92	0.51	0.91	0.22	0.8	0.62	0.9	-0.76	0.95	-0.22	0.89	0.34	0.92	0.45		0.77
Other Current Assets	0.75	0.69	0.78	0.71	0.79	-0.11	0.1	0.43	0.66	0.71	0.78	0.26	0.82	0.15	0.77	0.42	0.62	-0.86	0.79	-0.02	0.83	-0.07	0.82	0.45	0.77

Click cells to compare fundamentals

Simply Good Account Relationship Matchups

Simply Good fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.0B	2.1B	2.1B	2.1B	2.4B	1.3B
Total Current Liabilities	71.5M	113.7M	102.2M	89.9M	103.3M	108.5M
Total Stockholder Equity	1.1B	1.2B	1.4B	1.6B	1.8B	1.9B
Retained Earnings	64.9M	105.8M	214.4M	348.0M	400.1M	420.2M
Accounts Payable	32.2M	59.7M	62.1M	52.7M	60.6M	63.6M
Cash	95.8M	75.3M	67.5M	87.7M	100.9M	91.5M
Other Assets	4.0M	7.1M	54.8M	58.1M	52.3M	42.7M
Common Stock Total Equity	820K	958K	959K	1.0M	1.2M	631.5K
Retained Earnings Total Equity	105.8M	140.5M	64.9M	214.4M	246.5M	258.9M
Inventory	59.1M	97.3M	125.5M	116.6M	134.1M	140.8M
Total Liab	869.1M	863.4M	655.6M	526.0M	604.9M	557.3M
Total Current Assets	260.3M	298.7M	351.6M	371.7M	427.4M	448.8M
Accumulated Other Comprehensive Income	(879K)	(818K)	(2.0M)	(2.6M)	(2.3M)	(2.2M)
Intangible Assets	1.2B	1.1B	1.1B	1.1B	1.3B	1.3B
Common Stock	958K	959K	1.0M	1.0M	917.1K	871.2K
Property Plant Equipment	2.6M	2.5M	11.9M	18.2M	20.9M	21.9M
Cash And Short Term Investments	95.8M	75.3M	67.5M	87.7M	100.9M	93.3M
Net Receivables	89.7M	111.5M	132.7M	145.1M	166.8M	175.2M
Long Term Debt Total	190.9M	190.3M	596.9M	403.0M	463.5M	388.2M
Capital Surpluse	733.8M	1.1B	1.1B	1.3B	1.5B	1.6B
Other Current Assets	11.9M	9.7M	20.9M	16.0M	18.4M	11.7M
Other Stockholder Equity	1.1B	1.1B	1.2B	1.2B	1.4B	800.5M
Short Long Term Debt Total	601.5M	455.3M	409.5M	289.4M	332.8M	366.2M
Other Current Liab	34.6M	49.9M	33.6M	29.4M	33.9M	35.5M
Other Liab	65.9M	84.4M	298.5M	150.3M	135.3M	134.5M
Net Tangible Assets	59.9M	(470.6M)	(564.2M)	(227.7M)	(205.0M)	(215.2M)
Property Plant And Equipment Net	11.9M	16.6M	18.2M	24.9M	28.6M	30.0M
Current Deferred Revenue	29.3M	84.4M	93.8M	105.7M	121.5M	66.0M
Net Debt	505.6M	380.0M	342.0M	201.6M	231.9M	223.3M
Non Current Assets Total	1.7B	1.8B	1.7B	1.7B	2.0B	1.3B
Non Currrent Assets Other	32.8M	54.8M	58.1M	49.3M	56.7M	59.6M
Common Stock Shares Outstanding	98.3M	97.4M	100.6M	100.9M	116.0M	87.6M
Liabilities And Stockholders Equity	2.0B	2.1B	2.1B	2.1B	2.4B	1.5B
Non Current Liabilities Total	797.6M	749.7M	553.3M	436.1M	501.5M	442.4M
Property Plant And Equipment Gross	11.9M	21.7M	26.2M	36.7M	42.3M	44.4M

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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:

How To Invest In Simply

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Is Simply Stock a good investment?

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What is Simply Good's Net Worth?

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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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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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.

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Simply Net Receivables vs Capital Surpluse Analysis

Net Receivables vs Capital Surpluse

Net Receivables vs Capital Surpluse Correlation Analysis

Correlation Coefficient

Net Receivables

Capital Surpluse

Simply Good fundamental ratios Correlations

Simply Good Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Simply Good fundamental ratios Accounts

Becoming a Better Investor with Macroaxis

Build Optimal Portfolios

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Complementary Tools for Simply Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 0.99	Cash
Common Stock Total Equity	+ 0.99	Good Will
Net Receivables	+ 0.98	Property Plant Equipment
Net Receivables	+ 0.97	Total Stockholder Equity
Capital Surpluse	+ 0.97	Total Stockholder Equity
Net Receivables	+ 0.97	Inventory

Treasury Stock	- 0.91	Retained Earnings
Property Plant Equipment	- 0.89	Treasury Stock
Treasury Stock	- 0.89	Retained Earnings Total Equity
Net Receivables	- 0.88	Treasury Stock
Treasury Stock	- 0.88	Inventory
Other Current Assets	- 0.86	Treasury Stock