Simply Total Stockholder Equity vs Treasury Stock Analysis
SMPL Stock | USD 39.92 0.09 0.22% |
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 Total Stockholder Equity and its Treasury Stock 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.
Total Stockholder Equity vs Treasury Stock
Total Stockholder Equity vs Treasury Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Simply Good Foods Total Stockholder Equity account and Treasury Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between Simply Good's Total Stockholder Equity and Treasury Stock is -0.75. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Treasury Stock 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 Total Stockholder Equity and Treasury Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Simply Good Foods are associated (or correlated) with its Treasury Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Treasury Stock has no effect on the direction of Total Stockholder Equity i.e., Simply Good's Total Stockholder Equity and Treasury Stock go up and down completely randomly.
Correlation Coefficient | -0.75 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Treasury Stock
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 |
Simply Good fundamental ratios Correlations
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Simply Good Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
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Try AI Portfolio ArchitectCheck 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.