Simply Current Deferred Revenue vs Total Liab Analysis

SMPL Stock  USD 39.01  0.10  0.26%   
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 Current Deferred Revenue and its Total Liab 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 closely tied with the direction of predictive economic indicators such as signals in american community survey.

Current Deferred Revenue vs Total Liab

Current Deferred Revenue vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Simply Good Foods Current Deferred Revenue account and Total Liab. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Simply Good's Current Deferred Revenue and Total Liab is 0.15. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Liab 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 Current Deferred Revenue and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Simply Good Foods are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Current Deferred Revenue i.e., Simply Good's Current Deferred Revenue and Total Liab go up and down completely randomly.

Correlation Coefficient

0.15
Relationship DirectionPositive 
Relationship StrengthInsignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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 closely tied 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 0.10 this year, although the value of Selling General Administrative will most likely fall to about 730.6 K.
 2021 2022 2023 (projected)
Other Operating Expenses965.9M1.0B1.1B
Interest Income15K1.1M4.3M

Simply Good fundamental ratios Correlations

0.870.940.680.90.35-0.230.530.750.820.840.730.770.630.70.270.78-0.680.86-0.460.850.370.920.690.840.69
0.870.860.580.90.32-0.190.760.760.810.760.410.850.440.870.590.86-0.650.87-0.440.80.370.90.660.810.66
0.940.860.690.90.3-0.060.580.870.920.870.550.840.320.850.510.81-0.750.89-0.210.840.350.960.530.910.77
0.680.580.690.790.17-0.210.220.470.520.870.470.860.320.520.310.74-0.880.78-0.310.910.190.760.370.760.61
0.90.90.90.790.24-0.140.620.760.80.90.540.950.430.770.510.88-0.80.96-0.350.950.280.930.620.930.76
0.350.320.30.170.24-0.39-0.020.370.40.40.570.170.290.20.120.57-0.110.17-0.550.160.990.16-0.10.33-0.08
-0.23-0.19-0.06-0.21-0.14-0.390.16-0.23-0.23-0.21-0.4-0.09-0.470.030.15-0.260.11-0.130.66-0.18-0.37-0.060.0-0.23-0.02
0.530.760.580.220.62-0.020.160.590.590.43-0.050.620.150.780.750.58-0.270.73-0.040.510.060.610.710.580.4
0.750.760.870.470.760.37-0.230.590.990.730.420.710.110.820.650.77-0.530.79-0.090.640.440.750.30.910.59
0.820.810.920.520.80.4-0.230.590.990.780.480.750.190.840.610.8-0.590.82-0.150.690.450.820.370.920.64
0.840.760.870.870.90.4-0.210.430.730.780.580.910.340.730.490.92-0.890.89-0.370.940.450.860.410.920.75
0.730.410.550.470.540.57-0.4-0.050.420.480.580.330.740.1-0.250.49-0.350.42-0.650.510.530.460.330.510.27
0.770.850.840.860.950.17-0.090.620.710.750.910.330.230.830.650.9-0.880.95-0.230.950.230.90.510.910.77
0.630.440.320.320.430.29-0.470.150.110.190.340.740.230.0-0.370.3-0.170.36-0.770.440.240.370.70.260.16
0.70.870.850.520.770.20.030.780.820.840.730.10.830.00.830.8-0.670.82-0.060.70.280.850.430.80.7
0.270.590.510.310.510.120.150.750.650.610.49-0.250.65-0.370.830.65-0.40.620.170.420.220.480.140.620.38
0.780.860.810.740.880.57-0.260.580.770.80.920.490.90.30.80.65-0.740.87-0.460.840.620.80.40.90.58
-0.68-0.65-0.75-0.88-0.8-0.110.11-0.27-0.53-0.59-0.89-0.35-0.88-0.17-0.67-0.4-0.74-0.750.22-0.89-0.14-0.83-0.27-0.76-0.88
0.860.870.890.780.960.17-0.130.730.790.820.890.420.950.360.820.620.87-0.75-0.250.940.230.910.670.950.72
-0.46-0.44-0.21-0.31-0.35-0.550.66-0.04-0.09-0.15-0.37-0.65-0.23-0.77-0.060.17-0.460.22-0.25-0.36-0.52-0.24-0.34-0.22-0.06
0.850.80.840.910.950.16-0.180.510.640.690.940.510.950.440.70.420.84-0.890.94-0.360.20.920.610.890.79
0.370.370.350.190.280.99-0.370.060.440.450.450.530.230.240.280.220.62-0.140.23-0.520.20.2-0.080.39-0.04
0.920.90.960.760.930.16-0.060.610.750.820.860.460.90.370.850.480.8-0.830.91-0.240.920.20.630.870.84
0.690.660.530.370.62-0.10.00.710.30.370.410.330.510.70.430.140.4-0.270.67-0.340.61-0.080.630.450.37
0.840.810.910.760.930.33-0.230.580.910.920.920.510.910.260.80.620.9-0.760.95-0.220.890.390.870.450.72
0.690.660.770.610.76-0.08-0.020.40.590.640.750.270.770.160.70.380.58-0.880.72-0.060.79-0.040.840.370.72
Click cells to compare fundamentals

Simply Good Account Relationship Matchups

Simply Good fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B2.1B2.1B2.1B2.4B1.4B
Total Current Liabilities71.5M113.7M102.2M89.9M108.6M55.3M
Total Stockholder Equity1.1B1.2B1.4B1.6B1.7B869.8M
Retained Earnings64.9M105.8M214.4M348.0M487.3M511.6M
Accounts Payable32.2M59.7M62.1M52.7M58.6M61.5M
Cash95.8M75.3M67.5M87.7M132.5M96.1M
Other Assets7.1M54.8M58.1M1.00.90.86
Common Stock Total Equity820K958K959K1.0M1.2M631.5K
Retained Earnings Total Equity105.8M140.5M64.9M214.4M246.5M258.9M
Inventory59.1M97.3M125.5M116.6M142.1M149.2M
Total Liab869.1M863.4M655.6M526.0M708.7M575.8M
Total Current Assets260.3M298.7M351.6M371.7M440.3M462.3M
Accumulated Other Comprehensive Income(879K)(818K)(2.0M)(2.6M)(2.0M)(1.9M)
Intangible Assets1.2B1.1B1.1B1.1B1.3B1.4B
Common Stock958K959K1.0M1.0M1.0M973.8K
Property Plant Equipment2.6M2.5M11.9M18.2M20.9M21.9M
Cash And Short Term Investments95.8M75.3M67.5M87.7M132.5M98.6M
Net Receivables89.7M111.5M132.7M145.1M150.7M90.1M
Long Term Debt Total190.9M190.3M596.9M403.0M463.5M388.2M
Capital Surpluse733.8M1.1B1.1B1.3B1.5B1.6B
Other Current Assets11.9M9.7M26.0M22.3M14.9M13.4M
Other Stockholder Equity1.1B1.1B1.2B1.2B1.2B857.0M
Short Long Term Debt Total601.5M601.0M409.5M289.4M403.0M392.6M
Other Current Liab34.6M49.9M28.2M24.7M35.9M37.7M
Other Liab65.9M84.4M298.5M150.3M135.3M134.5M
Net Tangible Assets59.9M(470.6M)(564.2M)(227.7M)(205.0M)(215.2M)
Property Plant And Equipment Net11.9M16.6M18.2M24.9M24.8M12.9M
Current Deferred Revenue84.4M93.8M105.7M(5.5M)(6.3M)(6.0M)
Net Debt505.6M380.0M342.0M201.6M270.4M231.5M
Non Current Assets Total1.7B1.8B1.7B1.7B2.0B1.4B
Non Currrent Assets Other32.8M54.8M58.1M49.3M42.9M45.0M
Common Stock Shares Outstanding98.3M97.4M100.6M100.9M101.3M90.2M
Liabilities And Stockholders Equity2.0B2.1B2.1B2.1B2.4B1.7B
Non Current Liabilities Total797.6M749.7M553.3M436.1M600.0M466.6M
Property Plant And Equipment Gross11.9M21.7M26.2M36.7M41.5M43.6M

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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 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 closely tied with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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.