SIMPQ (Simply) Liabilities-to-Assets : 1.20 (As of Jan. 2022)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SIMPQ Simply Inc SIMPQ
16 GF Score
Price $0.00
View Full Analysis

What is Simply Liabilities-to-Assets?

Simply SIMPQ 16 Liabilities-to-Assets is 1.20 as of Jan. 2022. GuruFocus rates SIMPQ with a GF Score™ of 16/100.

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Simply's Total Liabilities for the quarter that ended in Jan. 2022 was $36.40 Mil. Simply's Total Assets for the quarter that ended in Jan. 2022 was $30.44 Mil. Therefore, Simply's Liabilities-to-Assets Ratio for the quarter that ended in Jan. 2022 was 1.20.


Simply  (OTCPK:SIMPQ) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Simply Liabilities-to-Assets Related Terms


Simply Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Simply's Liabilities-to-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.

Simply Liabilities-to-Assets Chart

Simply Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Jan21 Jan22
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.10 1.20 1.36 1.11 1.20

Simply Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22
Liabilities-to-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 1.11 1.17 1.21 1.06 1.20

SIMPQ vs HGGGQ, ORLY, AZO: Liabilities-to-Assets Comparison

For the Specialty Retail subindustry, Simply's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-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.


Simply Liabilities-to-Assets vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Simply's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Simply's Liabilities-to-Assets falls into.


SIMPQ
16GF Score
Simply Inc SIMPQ
Liabilities-to-Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Simply Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Simply's Liabilities-to-Assets Ratio for the fiscal year that ended in Jan. 2022 is calculated as:

Liabilities-to-Assets (A: Jan. 2022 )=Total Liabilities/Total Assets
=36.403/30.437
=1.20

Simply's Liabilities-to-Assets Ratio for the quarter that ended in Jan. 2022 is calculated as

Liabilities-to-Assets (Q: Jan. 2022 )=Total Liabilities/Total Assets
=36.403/30.437
=1.20

* 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.

Frequently Asked Questions Learn more about Liabilities-to-Assets →
What does a Liabilities-to-Assets of 1.20 mean?
Simply (SIMPQ) has a Liabilities-to-Assets of 1.20 as of Jan. 2022. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Simply and its competitors.
Is Simply's Liabilities-to-Assets too high?
Simply's current Liabilities-to-Assets is 1.20. Overall, Simply has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Simply's Liabilities-to-Assets compare to HGGGQ and ORLY?
Simply's Liabilities-to-Assets of 1.20 can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for a Retail - Cyclical company?
A good Liabilities-to-Assets depends on the Retail - Cyclical industry context. However, Liabilities-to-Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Simply and its competitors. Simply's current Liabilities-to-Assets is 1.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Simply stock overvalued right now?
Simply (SIMPQ) has a current Liabilities-to-Assets of 1.20. The current Liabilities-to-Assets is 1.20. Simply's overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For Simply (SIMPQ), the current Liabilities-to-Assets is 1.20 as of Jan. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Simply Business Description

Address 10801 NW 97th Street, Suite 09, Miami, FL, USA, 33178
Simply Inc through its subsidiary, operates a chain of retail electronics stores and is an authorized reseller of Apple products and other high-profile consumer electronic brands. It operates business in a single segment in the United States through its Simply Mac retail stores.
16GF Score

Get the complete analysis for SIMPQ

Liabilities-to-Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.00
Price