Simply Stock Financials

SMPL
 Stock
  

USD 30.36  0.16  0.53%   

Financial data analysis helps to confirm if markets are presently mispricing Simply Good. We were able to interpolate data for thirty-four available drivers for The Simply Good, which can be compared to its competition. To ensure the equity is not overpriced, please validate all Simply Good financials, including its number of shares shorted, total debt, market capitalization, as well as the relationship between the gross profit and short ratio . Given that Simply Good has a number of shares shorted of 2.87 M, we advise you to double-check The Simply Good current market performance to make sure the company can sustain itself down the road. Use Simply Good to enhance the returns of your portfolios. Benchmarks are essential to demonstrate the utility of optimization algorithms. The stock experiences a moderate upward volatility. Check odds of Simply Good to be traded at $33.4 in 90 days.
  
With this module, you can analyze Simply financials for your investing period. You should be able to track the changes in Simply Good individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Understanding current and past Simply Good Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Simply Good's financial statements are interrelated, with each one affecting the others. For example, an increase in Simply Good's assets may result in an increase in income on the income statement.
Chance Of Financial Distress
Less than 12
The Simply Good has less than 12 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Simply Good stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Simply Good's official financial statements usually reflect Simply Good's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Simply Good. For example, before you start analyzing numbers published by Simply accountants, it's critical to develop an understanding of what Simply Good's liquidity, profitability, and earnings quality are in the context of the Consumer Defensive space in which it operates.
Please note, the presentation of Simply Good's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Simply Good's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Simply Good's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of The Simply Good. Please utilize our Beneish M Score to check the likelihood of Simply Good's management to manipulate its earnings.

Simply Good Company Summary

Simply Good competes with Mccormick. The Simply Good Foods Company operates as a consumer packaged food and beverage company in North America and internationally. The Simply Good Foods Company is headquartered in Denver, Colorado. Simply Good operates under Packaged Foods classification in the United States and is traded on NASDAQ Exchange. It employs 263 people.
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
Business Address1225 17th Street
SectorConsumer Defensive
IndustryPackaged Foods
BenchmarkDOW
Websitewww.thesimplygoodfoodscompany.com
Phone303 633 2840
CurrencyUSD - US Dollar
You should never invest in Simply Good without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Simply Stock, because this is throwing your money away. Analyzing the key information contained in Simply Good's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Simply Good Key Financial Ratios

Generally speaking, Simply Good's financial ratios allow both analysts and investors to convert raw data from Simply Good's financial statements into concise, actionable information that can be used to evaluate the performance of Simply Good over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Simply Good reports annually and quarterly.

Simply Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Simply Good's current stock value. Our valuation model uses many indicators to compare Simply Good value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Simply Good competition to find correlations between indicators driving Simply Good's intrinsic value. More Info.
The Simply Good is currently regarded as top stock in return on asset category among related companies. It is rated second in cash and equivalents category among related companies creating about  9,359,736  of Cash and Equivalents per Return On Asset. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Simply Good by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Simply Good's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Simply Good's earnings, one of the primary drivers of an investment's value.

Simply Good Systematic Risk

Simply Good's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Simply Good volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Simply Good correlated with the market. If Beta is less than 0 Simply Good generally moves in the opposite direction as compared to the market. If Simply Good Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Simply Good is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Simply Good is generally in the same direction as the market. If Beta > 1 Simply Good moves generally in the same direction as, but more than the movement of the benchmark.
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About Simply Good Financials

What exactly are Simply Good Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Simply Good's income statement, its balance sheet, and the statement of cash flows. Potential Simply Good investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Simply Good investors may use each financial statement separately, they are all related. The changes in Simply Good's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Simply Good's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Simply Good is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Simply has grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

Simply Good Thematic Clasifications

The Simply Good is part of Israel Wall Street investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Large Israel companies traded on major USA exchanges. Cross-sector collection of best publicly traded Israel entities that are expected to continue growing
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Simply Good September 26, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Simply Good help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of The Simply Good. We use our internally-developed statistical techniques to arrive at the intrinsic value of The Simply Good based on widely used predictive technical indicators. In general, we focus on analyzing Simply Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Simply Good's daily price indicators and compare them against related drivers.
Information Ratio(0.11)
Maximum Drawdown15.41
Value At Risk(3.33)
Potential Upside2.96
Additionally, take a look at World Market Map. You can also try Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Complementary Tools for analysis

When running Simply Good price analysis, check to measure Simply Good's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Simply Good is operating at the current time. Most of Simply Good's value examination focuses on studying past and present price action to predict the probability of Simply Good's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Simply Good's price. Additionally, you may evaluate how the addition of Simply Good to your portfolios can decrease your overall portfolio volatility.
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Is Simply Good's industry 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.
The market value of Simply Good 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 Simply Good value 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.