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The Simply Good Foods Company  (SMPL)
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The Simply Good Foods's Quick Ratio

SMPL's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


The Simply Good Foods's Cash & cash equivalent grew by 38.39 % in the I Quarter 2023 sequentially, while Current Liabilities decreased, this led to improvement in The Simply Good Foods's Quick Ratio to 1.54, above The Simply Good Foods Company average Quick Ratio.

Within Food Processing industry The Simply Good Foods Company booked the highest Quick Ratio than The Simply Good Foods in the first quarter 2023. While Quick Ratio total ranking has improved so far during the I Quarter 2023 to 9, from total ranking in the forth quarter 2023 at 1689.

Explain Quick Ratio?
How much Cash & cash equivalents SMPL´s has?
What are SMPL´s Current Liabilities?


SMPL Quick Ratio (Nov 25 2023)
I. Quarter
(Aug 26 2023)
IV. Quarter
(May 27 2023)
III. Quarter
(Feb 25 2023)
II. Quarter
(Nov 26 2022)
I. Quarter
Y / Y Current Liabilities Change -2.38 % -12.12 % -40.75 % -25.31 % 0.18 %
Y / Y Cash & cash equivalent Change 124.2 % 29.96 % 21.29 % 22.81 % 52.75 %
Quick Ratio MRQ 1.54 0.98 0.97 0.79 0.67
SMPL's Total Ranking # 9 # 1689 # 1326 # 14 # 1677
Seq. Current Liabilities Change -12.09 % 26.07 % -11.35 % -0.63 % -20.86 %
Seq. Cash & cash equivalent Change 38.39 % 27.5 % 8.84 % 16.74 % -19.78 %



Quick Ratio first quarter 2023 Company Ranking
Within: No.
Food Processing Industry # 1
Consumer Non Cyclical Sector # 2
Overall Market # 9


Quick Ratio Statistics
High Average Low
6.52 1.37 0.13
(Nov 24 2018)   (Sep 30 2013)




Financial Statements
The Simply Good Foods's Current Liabilities $ 79 Millions Visit SMPL's Balance sheet
The Simply Good Foods's Cash & cash equivalent $ 121 Millions Visit SMPL's Balance sheet
Source of SMPL's Sales Visit SMPL's Sales by Geography


Cumulative The Simply Good Foods's Quick Ratio

SMPL's Quick Ratio for the trailling 12 Months

SMPL Quick Ratio

(Nov 25 2023)
I. Quarter
(Aug 26 2023)
IV. Quarter
(May 27 2023)
III. Quarter
(Feb 25 2023)
II. Quarter
(Nov 26 2022)
I. Quarter
Y / Y Current Liabilities TTM Growth -2.38 % -12.12 % -40.75 % -25.31 % 0.18 %
Y / Y Cash & cash equivalent TTM Growth 124.2 % 29.96 % 21.29 % 22.81 % 52.75 %
Quick Ratio TTM 1.06 0.85 0.76 0.63 0.56
Total Ranking TTM # 19 # 730 # 3896 # 16 # 2997
Seq. Current Liabilities TTM Growth -12.09 % 26.07 % -11.35 % -0.63 % -20.86 %
Seq. Cash & cash equivalent TTM Growth 38.39 % 27.5 % 8.84 % 16.74 % -19.78 %


On the trailing twelve months basis SMPL Cash & cash equivalent more than doubled by 124.2 % in I Quarter 2023 year on year, while Current Liabilities fell to $79 millions, this led to increase in in The Simply Good Foods's Quick Ratio to 1.06, Quick Ratio remained below SMPL average.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Food Processing industry SMPL achieved the highest Quick Ratio. While Quick Ratio overall ranking has improved so far to 19, from total ranking during the twelve months ending forth quarter 2023 at 730.

Explain Quick Ratio?
How much Cash & cash equivalents SMPL´s has?
What are SMPL´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Food Processing Industry # 1
Consumer Non Cyclical Sector # 2
Within the Market # 19


trailing twelve months Quick Ratio Statistics
High Average Low
6.11 1.09 0.16
(Aug 31 2019)   (Jun 30 2014)




Companies with similar Quick Ratio in the quarter ending Nov 25 2023, within Food Processing Industry Quick RatioNov 25 2023 MRQ Cash & cash equivalentNov 25 2023 MRQ Current Liabilities
Cal maine Foods Inc   3.69 $ 567.828  Millions$ 153.787  Millions
Freshpet Inc  3.33 $ 296.871  Millions$ 89.222  Millions
Beyond Meat Inc   2.56 $ 190.505  Millions$ 74.354  Millions
Chase General Corp  2.10 $ 0.250  Millions$ 0.119  Millions
Tootsie Roll Industries inc  1.81 $ 171.797  Millions$ 94.888  Millions
Sovos Brands Inc  1.59 $ 231.988  Millions$ 146.026  Millions
The Simply Good Foods Company  1.54 $ 121.391  Millions$ 78.989  Millions
Medifast Inc   1.02 $ 94.440  Millions$ 92.300  Millions
Lifeway Foods Inc   0.79 $ 13.198  Millions$ 16.616  Millions
Bridgford Foods Corporation  0.73 $ 12.648  Millions$ 17.236  Millions
Bellring Brands Inc   0.52 $ 85.000  Millions$ 162.500  Millions
Benson Hill Inc   0.50 $ 48.680  Millions$ 96.729  Millions
Treehouse Foods Inc   0.45 $ 320.300  Millions$ 704.300  Millions
Sow Good Inc   0.42 $ 2.410  Millions$ 5.771  Millions
Whole Earth Brands Inc   0.33 $ 30.513  Millions$ 91.585  Millions

Date modified: 2024-01-05T13:33:30+00:00



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