Simply Good Foods Balance Sheet Health
Financial Health criteria checks 6/6
Simply Good Foods has a total shareholder equity of $1.6B and total debt of $237.6M, which brings its debt-to-equity ratio to 14.4%. Its total assets and total liabilities are $2.1B and $500.1M respectively. Simply Good Foods's EBIT is $213.2M making its interest coverage ratio 9.2. It has cash and short-term investments of $135.9M.
Key information
14.4%
Debt to equity ratio
US$237.64m
Debt
| Interest coverage ratio | 9.2x |
| Cash | US$135.88m |
| Equity | US$1.65b |
| Total liabilities | US$500.08m |
| Total assets | US$2.15b |
Recent financial health updates
Simply Good Foods (NASDAQ:SMPL) Has A Pretty Healthy Balance Sheet
Mar 05
We 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 13Here's Why Simply Good Foods (NASDAQ:SMPL) Can Manage Its Debt Responsibly
Sep 05Here's Why Simply Good Foods (NASDAQ:SMPL) Can Manage Its Debt Responsibly
May 28Recent updates
The 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 26Here's Why Simply Good Foods (NASDAQ:SMPL) Can Manage Its Debt Responsibly
Sep 05Is There An Opportunity With The Simply Good Foods Company's (NASDAQ:SMPL) 47% Undervaluation?
Jul 19Simply Good Foods (NASDAQ:SMPL) Is Experiencing Growth In Returns On Capital
Jul 01Simply Good Foods Non-GAAP EPS of $0.44 beats by $0.09, revenue of $316.5M beats by $22.62M
Jun 30Here's Why Simply Good Foods (NASDAQ:SMPL) Can Manage Its Debt Responsibly
May 28The Simply Good Foods Company: A Good Company With A Hefty Price Tag
May 18What Does The Simply Good Foods Company's (NASDAQ:SMPL) Share Price Indicate?
May 13The Simply Good Foods Company's (NASDAQ:SMPL) Intrinsic Value Is Potentially 48% Above Its Share Price
Apr 05Simply Good Foods Co. Makes A Simply Good Stock Investment
Feb 17Is Simply Good Foods (NASDAQ:SMPL) Using Too Much Debt?
Feb 11Is There An Opportunity With The Simply Good Foods Company's (NASDAQ:SMPL) 26% Undervaluation?
Jan 03Financial Position Analysis
Short Term Liabilities: SMPL's short term assets ($435.8M) exceed its short term liabilities ($103.7M).
Long Term Liabilities: SMPL's short term assets ($435.8M) exceed its long term liabilities ($396.4M).
Debt to Equity History and Analysis
Debt Level: SMPL's net debt to equity ratio (6.2%) is considered satisfactory.
Reducing Debt: SMPL's debt to equity ratio has reduced from 23.4% to 14.4% over the past 5 years.
Debt Coverage: SMPL's debt is well covered by operating cash flow (89.1%).
Interest Coverage: SMPL's interest payments on its debt are well covered by EBIT (9.2x coverage).