Simply Price To Sales Ratio vs Net Income Per Share Analysis

SMPL Stock

USD 39.84 0.83 2.13%

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 Price To Sales Ratio and its Net Income Per Share 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.

Price To Sales Ratio vs Net Income Per Share

Price To Sales Ratio vs Net Income Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Simply Good Foods Price To Sales Ratio account and Net Income Per Share. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Simply Good's Price To Sales Ratio and Net Income Per Share is 0.54. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Net Income Per Share 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 Price To Sales Ratio and Net Income Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Simply Good Foods are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Price To Sales Ratio i.e., Simply Good's Price To Sales Ratio and Net Income Per Share go up and down completely randomly.

Correlation Coefficient

0.54

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Simply Good Foods stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Simply Good sales, a figure that is much harder to manipulate than other Simply Good Foods multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Net Income Per Share

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 Expenses	965.9M	1.0B	1.1B
Interest Income	15K	1.1M	4.3M

Other Operating Expenses Interest Income

Simply Good fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Good Will	Common Stock Total Equity	Retained Earnings Total Equity	Short Term Investments	Inventory	Total Liab	Deferred Long Term Liab	Preferred Stock Total Equity	Total Current Assets	Treasury Stock	Intangible Assets	Common Stock	Property Plant Equipment	Cash And Short Term Investments	Net Receivables	Long Term Debt Total	Capital Surpluse	Other Current Assets
Total Assets		0.87	0.94	0.68	0.9	0.35	-0.23	0.53	0.75	0.82	0.84	0.73	0.77	0.63	0.7	0.27	0.78	-0.68	0.86	-0.46	0.85	0.37	0.92	0.69	0.84	0.69
Total Current Liabilities	0.87		0.86	0.58	0.9	0.32	-0.19	0.76	0.76	0.81	0.76	0.41	0.85	0.44	0.87	0.59	0.86	-0.65	0.87	-0.44	0.8	0.37	0.9	0.66	0.81	0.66
Total Stockholder Equity	0.94	0.86		0.69	0.9	0.3	-0.06	0.58	0.87	0.92	0.87	0.55	0.84	0.32	0.85	0.51	0.81	-0.75	0.89	-0.21	0.84	0.35	0.96	0.53	0.91	0.77
Retained Earnings	0.68	0.58	0.69		0.79	0.17	-0.21	0.22	0.47	0.52	0.87	0.47	0.86	0.32	0.52	0.31	0.74	-0.88	0.78	-0.31	0.91	0.19	0.76	0.37	0.76	0.61
Accounts Payable	0.9	0.9	0.9	0.79		0.24	-0.14	0.62	0.76	0.8	0.9	0.54	0.95	0.43	0.77	0.51	0.88	-0.8	0.96	-0.35	0.95	0.28	0.93	0.62	0.93	0.76
Cash	0.35	0.32	0.3	0.17	0.24		-0.39	-0.02	0.37	0.4	0.4	0.57	0.17	0.29	0.2	0.12	0.57	-0.11	0.17	-0.55	0.16	0.99	0.16	-0.1	0.33	-0.08
Other Assets	-0.23	-0.19	-0.06	-0.21	-0.14	-0.39		0.16	-0.23	-0.23	-0.21	-0.4	-0.09	-0.47	0.03	0.15	-0.26	0.11	-0.13	0.66	-0.18	-0.37	-0.06	0.0	-0.23	-0.02
Long Term Debt	0.53	0.76	0.58	0.22	0.62	-0.02	0.16		0.59	0.59	0.43	-0.05	0.62	0.15	0.78	0.75	0.58	-0.27	0.73	-0.04	0.51	0.06	0.61	0.71	0.58	0.4
Good Will	0.75	0.76	0.87	0.47	0.76	0.37	-0.23	0.59		0.99	0.73	0.42	0.71	0.11	0.82	0.65	0.77	-0.53	0.79	-0.09	0.64	0.44	0.75	0.3	0.91	0.59
Common Stock Total Equity	0.82	0.81	0.92	0.52	0.8	0.4	-0.23	0.59	0.99		0.78	0.48	0.75	0.19	0.84	0.61	0.8	-0.59	0.82	-0.15	0.69	0.45	0.82	0.37	0.92	0.64
Retained Earnings Total Equity	0.84	0.76	0.87	0.87	0.9	0.4	-0.21	0.43	0.73	0.78		0.58	0.91	0.34	0.73	0.49	0.92	-0.89	0.89	-0.37	0.94	0.45	0.86	0.41	0.92	0.75
Short Term Investments	0.73	0.41	0.55	0.47	0.54	0.57	-0.4	-0.05	0.42	0.48	0.58		0.33	0.74	0.1	-0.25	0.49	-0.35	0.42	-0.65	0.51	0.53	0.46	0.33	0.51	0.27
Inventory	0.77	0.85	0.84	0.86	0.95	0.17	-0.09	0.62	0.71	0.75	0.91	0.33		0.23	0.83	0.65	0.9	-0.88	0.95	-0.23	0.95	0.23	0.9	0.51	0.91	0.77
Total Liab	0.63	0.44	0.32	0.32	0.43	0.29	-0.47	0.15	0.11	0.19	0.34	0.74	0.23		0.0	-0.37	0.3	-0.17	0.36	-0.77	0.44	0.24	0.37	0.7	0.26	0.16
Deferred Long Term Liab	0.7	0.87	0.85	0.52	0.77	0.2	0.03	0.78	0.82	0.84	0.73	0.1	0.83	0.0		0.83	0.8	-0.67	0.82	-0.06	0.7	0.28	0.85	0.43	0.8	0.7
Preferred Stock Total Equity	0.27	0.59	0.51	0.31	0.51	0.12	0.15	0.75	0.65	0.61	0.49	-0.25	0.65	-0.37	0.83		0.65	-0.4	0.62	0.17	0.42	0.22	0.48	0.14	0.62	0.38
Total Current Assets	0.78	0.86	0.81	0.74	0.88	0.57	-0.26	0.58	0.77	0.8	0.92	0.49	0.9	0.3	0.8	0.65		-0.74	0.87	-0.46	0.84	0.62	0.8	0.4	0.9	0.58
Treasury Stock	-0.68	-0.65	-0.75	-0.88	-0.8	-0.11	0.11	-0.27	-0.53	-0.59	-0.89	-0.35	-0.88	-0.17	-0.67	-0.4	-0.74		-0.75	0.22	-0.89	-0.14	-0.83	-0.27	-0.76	-0.88
Intangible Assets	0.86	0.87	0.89	0.78	0.96	0.17	-0.13	0.73	0.79	0.82	0.89	0.42	0.95	0.36	0.82	0.62	0.87	-0.75		-0.25	0.94	0.23	0.91	0.67	0.95	0.72
Common Stock	-0.46	-0.44	-0.21	-0.31	-0.35	-0.55	0.66	-0.04	-0.09	-0.15	-0.37	-0.65	-0.23	-0.77	-0.06	0.17	-0.46	0.22	-0.25		-0.36	-0.52	-0.24	-0.34	-0.22	-0.06
Property Plant Equipment	0.85	0.8	0.84	0.91	0.95	0.16	-0.18	0.51	0.64	0.69	0.94	0.51	0.95	0.44	0.7	0.42	0.84	-0.89	0.94	-0.36		0.2	0.92	0.61	0.89	0.79
Cash And Short Term Investments	0.37	0.37	0.35	0.19	0.28	0.99	-0.37	0.06	0.44	0.45	0.45	0.53	0.23	0.24	0.28	0.22	0.62	-0.14	0.23	-0.52	0.2		0.2	-0.08	0.39	-0.04
Net Receivables	0.92	0.9	0.96	0.76	0.93	0.16	-0.06	0.61	0.75	0.82	0.86	0.46	0.9	0.37	0.85	0.48	0.8	-0.83	0.91	-0.24	0.92	0.2		0.63	0.87	0.84
Long Term Debt Total	0.69	0.66	0.53	0.37	0.62	-0.1	0.0	0.71	0.3	0.37	0.41	0.33	0.51	0.7	0.43	0.14	0.4	-0.27	0.67	-0.34	0.61	-0.08	0.63		0.45	0.37
Capital Surpluse	0.84	0.81	0.91	0.76	0.93	0.33	-0.23	0.58	0.91	0.92	0.92	0.51	0.91	0.26	0.8	0.62	0.9	-0.76	0.95	-0.22	0.89	0.39	0.87	0.45		0.72
Other Current Assets	0.69	0.66	0.77	0.61	0.76	-0.08	-0.02	0.4	0.59	0.64	0.75	0.27	0.77	0.16	0.7	0.38	0.58	-0.88	0.72	-0.06	0.79	-0.04	0.84	0.37	0.72

Click cells to compare fundamentals

Simply Good Account Relationship Matchups

Simply Good fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.0B	2.1B	2.1B	2.1B	2.4B	1.4B
Total Current Liabilities	71.5M	113.7M	102.2M	89.9M	108.6M	55.3M
Total Stockholder Equity	1.1B	1.2B	1.4B	1.6B	1.7B	869.8M
Retained Earnings	64.9M	105.8M	214.4M	348.0M	487.3M	511.6M
Accounts Payable	32.2M	59.7M	62.1M	52.7M	58.6M	61.5M
Cash	95.8M	75.3M	67.5M	87.7M	132.5M	96.1M
Other Assets	7.1M	54.8M	58.1M	1.0	0.9	0.86
Common Stock Total Equity	820K	958K	959K	1.0M	1.2M	631.5K
Retained Earnings Total Equity	105.8M	140.5M	64.9M	214.4M	246.5M	258.9M
Inventory	59.1M	97.3M	125.5M	116.6M	142.1M	149.2M
Total Liab	869.1M	863.4M	655.6M	526.0M	708.7M	575.8M
Total Current Assets	260.3M	298.7M	351.6M	371.7M	440.3M	462.3M
Accumulated Other Comprehensive Income	(879K)	(818K)	(2.0M)	(2.6M)	(2.0M)	(1.9M)
Intangible Assets	1.2B	1.1B	1.1B	1.1B	1.3B	1.4B
Common Stock	958K	959K	1.0M	1.0M	1.0M	973.8K
Property Plant Equipment	2.6M	2.5M	11.9M	18.2M	20.9M	21.9M
Cash And Short Term Investments	95.8M	75.3M	67.5M	87.7M	132.5M	98.6M
Net Receivables	89.7M	111.5M	132.7M	145.1M	150.7M	90.1M
Long Term Debt Total	190.9M	190.3M	596.9M	403.0M	463.5M	388.2M
Capital Surpluse	733.8M	1.1B	1.1B	1.3B	1.5B	1.6B
Other Current Assets	11.9M	9.7M	26.0M	22.3M	14.9M	13.4M
Other Stockholder Equity	1.1B	1.1B	1.2B	1.2B	1.2B	857.0M
Short Long Term Debt Total	601.5M	601.0M	409.5M	289.4M	403.0M	392.6M
Other Current Liab	34.6M	49.9M	28.2M	24.7M	35.9M	37.7M
Other Liab	65.9M	84.4M	298.5M	150.3M	135.3M	134.5M
Net Tangible Assets	59.9M	(470.6M)	(564.2M)	(227.7M)	(205.0M)	(215.2M)
Property Plant And Equipment Net	11.9M	16.6M	18.2M	24.9M	24.8M	12.9M
Current Deferred Revenue	84.4M	93.8M	105.7M	(5.5M)	(6.3M)	(6.0M)
Net Debt	505.6M	380.0M	342.0M	201.6M	270.4M	231.5M
Non Current Assets Total	1.7B	1.8B	1.7B	1.7B	2.0B	1.4B
Non Currrent Assets Other	32.8M	54.8M	58.1M	49.3M	42.9M	45.0M
Common Stock Shares Outstanding	98.3M	97.4M	100.6M	100.9M	101.3M	90.2M
Liabilities And Stockholders Equity	2.0B	2.1B	2.1B	2.1B	2.4B	1.7B
Non Current Liabilities Total	797.6M	749.7M	553.3M	436.1M	600.0M	466.6M
Property Plant And Equipment Gross	11.9M	21.7M	26.2M	36.7M	41.5M	43.6M

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:

How To Invest In Simply

Details

Is Simply Stock a good investment?

Details

What is Simply Good's Net Worth?

Details

Largest Packaged Foods & Meats Companies

View

Largest Food, Beverage & Tobacco Companies

View

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 Commodity Directory module to find actively traded commodities issued by 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Simply Price To Sales Ratio vs Net Income Per Share Analysis

Price To Sales Ratio vs Net Income Per Share

Price To Sales Ratio vs Net Income Per Share Correlation Analysis

Correlation Coefficient

Price To Sales Ratio

Net Income Per Share

Simply Good fundamental ratios Correlations

Simply Good Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Simply Good fundamental ratios Accounts

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

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 0.99	Cash
Common Stock Total Equity	+ 0.99	Good Will
Net Receivables	+ 0.96	Total Stockholder Equity
Intangible Assets	+ 0.96	Accounts Payable
Inventory	+ 0.95	Accounts Payable
Property Plant Equipment	+ 0.95	Accounts Payable

Property Plant Equipment	- 0.89	Treasury Stock
Treasury Stock	- 0.89	Retained Earnings Total Equity
Other Current Assets	- 0.88	Treasury Stock
Treasury Stock	- 0.88	Inventory
Treasury Stock	- 0.88	Retained Earnings
Net Receivables	- 0.83	Treasury Stock