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The Simply Good Foods Co (The Simply Good Foods Co) Total Current Liabilities : $104 Mil (As of Feb. 2024)


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What is The Simply Good Foods Co Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. The Simply Good Foods Co's total current liabilities for the quarter that ended in Feb. 2024 was $104

The Simply Good Foods Co Total Current Liabilities Historical Data

The historical data trend for The Simply Good Foods Co's Total Current Liabilities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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The Simply Good Foods Co Total Current Liabilities Chart

The Simply Good Foods Co Annual Data
Trend Aug16 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Total Current Liabilities
Get a 7-Day Free Trial 48.03 71.48 113.66 102.25 89.86

The Simply Good Foods Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 80.40 71.28 89.86 78.99 103.66

The Simply Good Foods Co Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

The Simply Good Foods Co's Total Current Liabilities for the fiscal year that ended in Aug. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=82.148+7.709
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=90

The Simply Good Foods Co's Total Current Liabilities for the quarter that ended in Feb. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=103.637+0.024
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=104

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

The Simply Good Foods Co Total Current Liabilities Related Terms

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The Simply Good Foods Co (The Simply Good Foods Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The Simply Good Foods Co (NAS:SMPL) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
76L:Germany
Address
1225, 17th Street, Suite 1000, Denver, CO, USA, 80202
Website
http://www.thesimplygoodfoodscompany.com
The Simply Good Foods Co is a consumer packaged food and beverage company. It provides low-carbohydrate, high protein bars, shakes, and other products such as confections, chips, and cookies under the Atkins and Quest brands. The company distributes its products in retail channels, predominantly in North America, including grocery, club, and mass merchandise, as well as through e-commerce, convenience, and other channels.
Executives
Susan Hunsberger officer: SVP and Chief HR Officer 1225 17TH STREET, SUITE 1000, DENVER CO 80202
Heflin Stuart E. Jr. officer: SVP & General Manager, Quest 1225 17TH ST., SUITE 1000, DENVER CO 80202
Brian K. Ratzan director 3 GREENWICH OFFICE PARK, 2ND FLOOR, GREENWICH CT 06831
Timothy Richard Kraft officer: Gen. Counsel & Corp. Secretary THE SIMPLY GOOD FOODS COMPANY, 1225 17TH STREET, SUITE 1000, DENVER CO 80202
Ryan Thomas officer: SVP and GM Atkins marketing 1225 17TH ST., SUITE 1000, DENVER CO 80202
Jill M. Short officer: Chief Customer Officer 1225 17TH STREET, SUITE 1000, DENVER CO 80202
Geoff E Tanner director, officer: President and COO ONE STRAWBERRY LANE, ORRVILLE OH 44667
Timothy Allen Matthews officer: VP, Controller and CAO 1225 17TH STREET, SUITE 1000, DENVER CO 80202
Robert G. Montgomery director 3 GREENWICH OFFICE PARK, 2ND FLOOR, GREENWICH CT 06831
Jeremy Scott Ivie officer: Chief Product Tech Officer 1225 17TH ST., SUITE 1000, DENVER CO 80202
Linda Zink officer: Chief Marketing Officer Quest 1225 17TH ST., SUITE 1000, DENVER CO 80202
Joseph Scalzo director, officer: CEO and President 1225 17TH STREET, SUITE 1000, DENVER CO 80202
Conyers Park Sponsor Llc director, 10 percent owner 31 WEST 52ND STREET 22ND FLOOR, NEW YORK NY 10019
C Scott Parker officer: Chief Marketing Officer 1225 17TH STREET, SUITE 1000, DENVER CO 80202
Joseph J Schena director C/O CONYERS PARK II ACQUISITION CORP., 1 GREENWICH OFFICE PARK, 2ND FLOOR, GREENWICH CT 06831