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The Simply Good Foods Co (The Simply Good Foods Co) Scaled Net Operating Assets : 0.83 (As of Feb. 2024)


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What is The Simply Good Foods Co Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

The Simply Good Foods Co's operating assets for the quarter that ended in Feb. 2024 was $2,012 Mil. The Simply Good Foods Co's operating liabilities for the quarter that ended in Feb. 2024 was $262 Mil. The Simply Good Foods Co's Total Assets for the quarter that ended in Nov. 2023 was $2,115 Mil. Therefore, The Simply Good Foods Co's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2024 was 0.83.


The Simply Good Foods Co Scaled Net Operating Assets Historical Data

The historical data trend for The Simply Good Foods Co's Scaled Net Operating Assets 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.

* Premium members only.

The Simply Good Foods Co Scaled Net Operating Assets Chart

The Simply Good Foods Co Annual Data
Trend Aug16 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.65 1.44 0.78 0.87 0.85

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
Scaled Net Operating Assets 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 0.88 0.88 0.85 0.84 0.83

Competitive Comparison of The Simply Good Foods Co's Scaled Net Operating Assets

For the Packaged Foods subindustry, The Simply Good Foods Co's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The Simply Good Foods Co's Scaled Net Operating Assets Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Simply Good Foods Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where The Simply Good Foods Co's Scaled Net Operating Assets falls into.



The Simply Good Foods Co Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

The Simply Good Foods Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Aug. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Aug. 2023 )
=(Operating Assets (A: Aug. 2023 )-Operating Liabilities (A: Aug. 2023 ))/Total Assets (A: Aug. 2022 )
=(2009.369-236.627)/2094.249
=0.85

where

Operating Assets(A: Aug. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2097.084 - 87.715
=2009.369

Operating Liabilities(A: Aug. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=525.985 - 281.649 - 7.709
=236.627

The Simply Good Foods Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Feb. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Feb. 2024 )
=(Operating Assets (Q: Feb. 2024 )-Operating Liabilities (Q: Feb. 2024 ))/Total Assets (Q: Nov. 2023 )
=(2011.69-262.419)/2115.059
=0.83

where

Operating Assets(Q: Feb. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2147.566 - 135.876
=2011.69

Operating Liabilities(Q: Feb. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=500.084 - 237.641 - 0.024
=262.419

* 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 Simply Good Foods Co Scaled Net Operating Assets Related Terms

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

Traded in Other Exchanges
Address
1225, 17th Street, Suite 1000, Denver, CO, USA, 80202
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