The Simply Good Foods Co (STU:76L) Debt-to-Equity : 0.14 (As of Feb. 2024)

View and export this data going back to 2017. Start your Free Trial

What is The Simply Good Foods Co Debt-to-Equity?

The Simply Good Foods Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was €0 Mil. The Simply Good Foods Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was €220 Mil. The Simply Good Foods Co's Total Stockholders Equity for the quarter that ended in Feb. 2024 was €1,527 Mil. The Simply Good Foods Co's debt to equity for the quarter that ended in Feb. 2024 was 0.14.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for The Simply Good Foods Co's Debt-to-Equity or its related term are showing as below:

STU:76L' s Debt-to-Equity Range Over the Past 10 Years
Min: -11.97 Med: 0.29 Max: 4.35
Current: 0.14

During the past 7 years, the highest Debt-to-Equity Ratio of The Simply Good Foods Co was 4.35. The lowest was -11.97. And the median was 0.29.

STU:76L's Debt-to-Equity is ranked better than
74.45% of 1640 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs STU:76L: 0.14

The Simply Good Foods Co Debt-to-Equity Historical Data

The historical data trend for The Simply Good Foods Co's Debt-to-Equity 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 Debt-to-Equity Chart

The Simply Good Foods Co Annual Data

Trend

Aug16

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Debt-to-Equity

Get a 7-Day Free Trial

0.27

0.53

0.38

0.29

0.18

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
Debt-to-Equity	Get a 7-Day Free Trial															0.28	0.24	0.18	0.17	0.14

Competitive Comparison of The Simply Good Foods Co's Debt-to-Equity

For the Packaged Foods subindustry, The Simply Good Foods Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Simply Good Foods Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where The Simply Good Foods Co's Debt-to-Equity falls into.

The Simply Good Foods Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

The Simply Good Foods Co's Debt to Equity Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(7.069	+	258.272)	/	1440.698
	=	0.18

The Simply Good Foods Co's Debt to Equity Ratio for the quarter that ended in Feb. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.022	+	220.293)	/	1527.216
	=	0.14

The Simply Good Foods Co (STU:76L) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

The Simply Good Foods Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of The Simply Good Foods Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

The Simply Good Foods Co (STU:76L) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The Simply Good Foods Co (STU:76L) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SMPL:USA

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.

The Simply Good Foods Co (STU:76L) Headlines

No Headlines