Simply Income Before Tax from 2010 to 2024

SMPL Stock  USD 39.21  0.10  0.26%   
Simply Good Income Before Tax yearly trend continues to be quite stable with very little volatility. The value of Income Before Tax is projected to decrease to about -288.8 K. From the period between 2010 and 2024, Simply Good, Income Before Tax regression line of its data series had standard deviation of  70,663,781 and standard deviation of  70,663,781. View All Fundamentals
 
Income Before Tax  
First Reported
2011-08-31
Previous Quarter
54.7 M
Current Value
40.8 M
Quarterly Volatility
21.9 M
 
Yuan Drop
 
Covid
Check Simply Good financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Simply Good's main balance sheet or income statement drivers, such as Interest Expense of 0.0, Selling General Administrative of 730.6 K or Total Revenue of 0.0, as well as many indicators such as Price To Sales Ratio of 0.31, Dividend Yield of 0.0 or PTB Ratio of 0.34. Simply financial statements analysis is a perfect complement when working with Simply Good Valuation or Volatility modules.
  
Check out the analysis of Simply Good Correlation against competitors.

Latest Simply Good's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Simply Good Foods over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Simply Good income statement and is an important metric when analyzing Simply Good Foods profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Simply Good's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Simply Good's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Simply Income Before Tax Regression Statistics

Arithmetic Mean46,150,899
Geometric Mean0.00
Coefficient Of Variation153.11
Mean Deviation58,850,734
Median0.00
Standard Deviation70,663,781
Sample Variance4993.4T
Range195.7M
R-Value0.67
Mean Square Error2935.9T
R-Squared0.45
Significance0.01
Slope10,646,966
Total Sum of Squares69907.2T

Simply Income Before Tax History

2023186.1 M
2022175.7 M
2021150.6 M
202080.9 M
201979 M
2018-8.5 M
201721.3 M

About Simply Good Financial Statements

Simply Good investors utilize fundamental indicators, such as Income Before Tax, to predict how Simply Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Income Before Tax186.1 M-288.8 K

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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 the analysis of Simply Good Correlation against competitors.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Packaged Foods & Meats space 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
(0.19)
Earnings Share
1.38
Revenue Per Share
13.323
Quarterly Revenue Growth
0.172
Return On Assets
0.0631
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.