Simply Good Foods Balance Sheet Health
Financial Health criteria checks 5/6
Simply Good Foods has a total shareholder equity of $1.8B and total debt of $348.0M, which brings its debt-to-equity ratio to 19.6%. Its total assets and total liabilities are $2.4B and $657.9M respectively. Simply Good Foods's EBIT is $231.8M making its interest coverage ratio 9.7. It has cash and short-term investments of $121.8M.
Key information
19.6%
Debt to equity ratio
US$347.99m
Debt
| Interest coverage ratio | 9.7x |
| Cash | US$121.76m |
| Equity | US$1.78b |
| Total liabilities | US$657.89m |
| Total assets | US$2.43b |
Recent financial health updates
These 4 Measures Indicate That Simply Good Foods (NASDAQ:SMPL) Is Using Debt Reasonably Well
Nov 12
Does Simply Good Foods (NASDAQ:SMPL) Have A Healthy Balance Sheet?
Jul 17Simply Good Foods (NASDAQ:SMPL) Has A Pretty Healthy Balance Sheet
Mar 05We Think Simply Good Foods (NASDAQ:SMPL) Can Stay On Top Of Its Debt
Oct 03Simply Good Foods (NASDAQ:SMPL) Seems To Use Debt Quite Sensibly
Jun 19We Think Simply Good Foods (NASDAQ:SMPL) Can Stay On Top Of Its Debt
Mar 13Recent updates
Pinning Down The Simply Good Foods Company's (NASDAQ:SMPL) P/E Is Difficult Right Now
Dec 30Is The Simply Good Foods Company (NASDAQ:SMPL) Trading At A 38% Discount?
Dec 13These 4 Measures Indicate That Simply Good Foods (NASDAQ:SMPL) Is Using Debt Reasonably Well
Nov 12Simply Good Foods: OWYN Integration Bolsters Growth Prospects
Oct 27Simply Good Foods' (NASDAQ:SMPL) Returns On Capital Are Heading Higher
Sep 20The Simply Good Foods Company (NASDAQ:SMPL) Investors Are Less Pessimistic Than Expected
Aug 06Does Simply Good Foods (NASDAQ:SMPL) Have A Healthy Balance Sheet?
Jul 17Here's What Analysts Are Forecasting For The Simply Good Foods Company (NASDAQ:SMPL) After Its Third-Quarter Results
Jun 30Is Now The Time To Put Simply Good Foods (NASDAQ:SMPL) On Your Watchlist?
May 27Calculating The Fair Value Of The Simply Good Foods Company (NASDAQ:SMPL)
May 06Subdued Growth No Barrier To The Simply Good Foods Company's (NASDAQ:SMPL) Price
Apr 22The Simply Good Foods Company Just Beat EPS By 5.8%: Here's What Analysts Think Will Happen Next
Apr 07Investors Will Want Simply Good Foods' (NASDAQ:SMPL) Growth In ROCE To Persist
Mar 20Simply Good Foods (NASDAQ:SMPL) Has A Pretty Healthy Balance Sheet
Mar 05The Simply Good Foods Company's (NASDAQ:SMPL) Intrinsic Value Is Potentially 30% Above Its Share Price
Feb 01Should You Be Adding Simply Good Foods (NASDAQ:SMPL) To Your Watchlist Today?
Dec 28There's Been No Shortage Of Growth Recently For Simply Good Foods' (NASDAQ:SMPL) Returns On Capital
Dec 10Is There An Opportunity With The Simply Good Foods Company's (NASDAQ:SMPL) 27% Undervaluation?
Oct 30We Think Simply Good Foods (NASDAQ:SMPL) Can Stay On Top Of Its Debt
Oct 03Returns At Simply Good Foods (NASDAQ:SMPL) Are On The Way Up
Sep 10With EPS Growth And More, Simply Good Foods (NASDAQ:SMPL) Makes An Interesting Case
Aug 25The Simply Good Foods Company (NASDAQ:SMPL) Shares Could Be 22% Below Their Intrinsic Value Estimate
Jul 19Simply Good Foods (NASDAQ:SMPL) Seems To Use Debt Quite Sensibly
Jun 19Returns At Simply Good Foods (NASDAQ:SMPL) Are On The Way Up
May 28Here's Why We Think Simply Good Foods (NASDAQ:SMPL) Might Deserve Your Attention Today
Apr 28Is There An Opportunity With The Simply Good Foods Company's (NASDAQ:SMPL) 26% Undervaluation?
Apr 11We Think Simply Good Foods (NASDAQ:SMPL) Can Stay On Top Of Its Debt
Mar 13Simply Good Foods (NASDAQ:SMPL) Might Have The Makings Of A Multi-Bagger
Feb 26Should You Investigate The Simply Good Foods Company (NASDAQ:SMPL) At US$35.87?
Jan 26The Simply Good Foods Company's (NASDAQ:SMPL) CEO Will Probably Have Their Compensation Approved By Shareholders
Jan 13Here's Why We Think Simply Good Foods (NASDAQ:SMPL) Is Well Worth Watching
Jan 06Analysts Are Updating Their The Simply Good Foods Company (NASDAQ:SMPL) Estimates After Its Yearly Results
Oct 25The Return Trends At Simply Good Foods (NASDAQ:SMPL) Look Promising
Oct 20Is The Simply Good Foods Company (NASDAQ:SMPL) Potentially Undervalued?
Sep 26Financial Position Analysis
Short Term Liabilities: SMPL's short term assets ($444.0M) exceed its short term liabilities ($105.0M).
Long Term Liabilities: SMPL's short term assets ($444.0M) do not cover its long term liabilities ($552.9M).
Debt to Equity History and Analysis
Debt Level: SMPL's net debt to equity ratio (12.7%) is considered satisfactory.
Reducing Debt: SMPL's debt to equity ratio has reduced from 54.3% to 19.6% over the past 5 years.
Debt Coverage: SMPL's debt is well covered by operating cash flow (57.5%).
Interest Coverage: SMPL's interest payments on its debt are well covered by EBIT (9.7x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 18:59 |
| End of Day Share Price | 2025/01/08 00:00 |
| Earnings | 2024/11/30 |
| Annual Earnings | 2024/08/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
The Simply Good Foods Company is covered by 28 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Adam Mizrahi | Berenberg |
| Eric Larson | Buckingham Research Group Inc. |