Simply Net Tangible Assets from 2010 to 2024

SMPL Stock  USD 39.84  0.83  2.13%   
Simply Good Net Tangible Assets yearly trend continues to be quite stable with very little volatility. The value of Net Tangible Assets are projected to decrease to about -215.2 M. Net Tangible Assets is the total assets of Simply Good Foods minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2016-08-31
Previous Quarter
-166.7 M
Current Value
-124.2 M
Quarterly Volatility
197.8 M
 
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 Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Simply Good Foods over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Simply Good's Net Tangible Assets 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.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Simply Net Tangible Assets Regression Statistics

Arithmetic Mean(141,217,940)
Geometric Mean46,930,494
Coefficient Of Variation(131.60)
Mean Deviation147,753,677
Median(111,469,000)
Standard Deviation185,844,162
Sample Variance34538.1T
Range624.1M
R-Value(0.63)
Mean Square Error22521.4T
R-Squared0.39
Significance0.01
Slope(26,101,111)
Total Sum of Squares483532.7T

Simply Net Tangible Assets History

2024-215.2 M
2023-205 M
2021-227.7 M
2020-564.2 M
2019-470.6 M
201859.9 M
2017-111.5 M

About Simply Good Financial Statements

Simply Good investors utilize fundamental indicators, such as Net Tangible Assets, 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
Net Tangible Assets-205 M-215.2 M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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.