Simply Historical Income Statement

SMPL Stock  USD 39.92  0.09  0.22%   
Historical analysis of Simply Good income statement accounts such as Research Development of 2.8 M, Cost Of Revenue of 0.0, Total Other Income Expense Net of 441.9 K or Income Tax Expense of 0.0 can show how well Simply Good Foods performed in making a profits. Evaluating Simply Good income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Simply Good's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Simply Good Foods latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Simply Good Foods is a good buy for the upcoming year.
  
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.

About Simply Income Statement Analysis

Simply Good Foods Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Simply Good shareholders. The income statement also shows Simply investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Simply Good Income Statement Chart

At this time, Simply Good's Total Other Income Expense Net is quite stable compared to the past year. Tax Provision is expected to rise to about 49.1 M this year, although the value of Interest Expense will most likely fall to 0.00.

Operating Income

Operating Income is the amount of profit realized from Simply Good Foods operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Simply Good Foods is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Income Before Tax

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.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Simply Good Foods. It is also known as Simply Good overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most accounts from Simply Good's income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, 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 Total Other Income Expense Net is quite stable compared to the past year. Tax Provision is expected to rise to about 49.1 M this year, although the value of Interest Expense will most likely fall to 0.00.
 2021 2022 2023 (projected)
Other Operating Expenses965.9M1.0B1.1B
Interest Income15K1.1M4.3M

Simply Good income statement Correlations

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Simply Good Account Relationship Matchups

Simply Good income statement Accounts

201920202021202220232024 (projected)
Interest Expense13.6M32.8M31.6M21.9M30.1M26.0M
Selling General Administrative62.2M106.3M106.2M103.8M111.6M129.7M
Total Revenue523.8M816.6M1.0B1.2B1.2B1.3B
Gross Profit217.7M324.3M409.8M445.6M453.4M511.6M
Operating Income72.7M78.2M173.7M202.8M204.9M206.5M
Research Development4M3.5M4.1M4.3M5.4M2.8M
Cost Of Revenue306.1M492.3M595.8M723.1M789.3M819.8M
Income Before Tax(8.5M)79.0M80.9M150.6M175.7M186.1M
Total Other Income Expense Net(79.0M)1.9M(92.8M)(52.2M)(29.3M)(20.4M)
Net Income(25.2M)65.6M40.9M108.6M133.6M139.3M
Income Tax Expense16.7M13.3M40.0M42.0M42.1M46.7M
Tax Provision13.3M40.0M42.0M42.1M46.7M49.1M
Interest Income1.5M84K15K1.1M4.3M3.3M
Other Operating Expenses443.4M708.3M831.9M965.9M1.0B1.1B
Net Income From Continuing Ops47.5M34.7M65.6M108.6M133.6M139.3M
Ebit85.9M110.3M112.4M172.5M205.8M212.1M
Total Operating Expenses137.4M216.0M236.1M242.8M248.5M305.1M
Net Income Applicable To Common Shares47.5M34.7M65.6M108.6M(332.1K)(315.5K)
Net Interest Income(31.3M)(31.5M)(21.9M)(28.9M)(21.7M)(22.8M)
Depreciation And Amortization19.9M23.2M25.9M27.0M28.0M19.4M
Selling And Marketing Expenses94.5M112.9M121.7M119.5M143.9M97.3M
Ebitda130.2M135.6M198.4M232.7M240.1M140.2M
Non Operating Income Net Other5.1M2.6M33.6M(30.3M)(27.3M)(25.9M)
Reconciled Depreciation19.9M23.2M25.9M27.0M28.0M21.9M

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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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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.