Simply Good Foods Co

NASDAQ SMPL

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Simply Good Foods Co Cash Interest Coverage Ratio 3 year CAGR for the quarter ending February 29, 2024: 39.29%

Simply Good Foods Co Cash Interest Coverage Ratio 3 year CAGR is 39.29% for the quarter ending February 29, 2024. The cash interest coverage ratio measures a company's ability to cover its interest expenses with its operating cash flow. It is calculated by dividing operating cash flow by interest expense. This ratio indicates the company's capacity to generate sufficient cash flow to meet its interest obligations. A higher ratio signifies better coverage and financial stability. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

Simply Good Foods Co Cash Interest Coverage Ratio for the quarter ending February 28, 2023 was 5.25, a -26.40% change year over year.
Simply Good Foods Co Cash Interest Coverage Ratio for the quarter ending February 28, 2022 was 7.14, a 132.25% change year over year.
Simply Good Foods Co Cash Interest Coverage Ratio for the quarter ending February 28, 2021 was 3.07, a 567.63% change year over year.
Simply Good Foods Co Cash Interest Coverage Ratio for the quarter ending February 29, 2020 was -0.66, a -124.74% change year over year.

NASDAQ: SMPL

Simply Good Foods Co

CEO	Mr. Joseph E. Scalzo
IPO Date	July 15, 2016
Location	United States
Headquarters	1225 17th Street, Denver, CO, United States, 80202
Employees	271
Sector	Consumer Defensive
Industry	Packaged foods

Description

The Simply Good Foods Company operates as a consumer-packaged food and beverage company in North America and internationally. The company develops, markets, and sells snacks and meal replacements. It offers protein bars, ready-to-drink shakes, sweet and salty snacks, cookies, protein chips, and recipes under the Atkins and Quest brand names. The company also provides confectionery products, such as full-size and mini peanut butter cups, and fudgey brownie and gooey caramel candy bites, chocolatey coated peanut candies, and coconutty caramel candy bars under Atkins Endulge brand name.It distributes its products to various retail channels, such as mass merchandise, grocery and drug channels, club stores, convenience stores, gas stations, and other channels. The company also sells its products through e-commerce channels, including questnutrition.com, atkins.com, amazon.com and others. The Simply Good Foods Company was founded in 2017 and is headquartered in Denver, Colorado.

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