Simply Good Foods Co

NASDAQ SMPL

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Simply Good Foods Co Net Debt to EBITDA Ratio 3 year CAGR for the year ending August 31, 2023: -39.39%

Simply Good Foods Co Net Debt to EBITDA Ratio 3 year CAGR is -39.39% for the year ending August 31, 2023. The net debt to EBITDA ratio measures the level of a company's net debt relative to its earnings before interest, taxes, depreciation, and amortization (EBITDA). It is calculated by dividing the net debt (total debt minus cash and cash equivalents) by EBITDA. This ratio provides insights into the company's ability to repay its debt using its operating earnings. A higher ratio indicates a higher level of debt relative to earnings, suggesting potential financial risk and difficulty in debt repayment. 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 Net Debt to EBITDA Ratio for the year ending August 31, 2022 was 1.50, a -22.37% change year over year.
Simply Good Foods Co Net Debt to EBITDA Ratio for the year ending August 31, 2021 was 1.93, a -50.31% change year over year.
Simply Good Foods Co Net Debt to EBITDA Ratio for the year ending August 31, 2020 was 3.88, a 582.45% change year over year.
Simply Good Foods Co Net Debt to EBITDA Ratio for the year ending August 31, 2019 was -0.81, a -173.46% 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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