The Simply Good Foods Company (SMPL) Balance Sheet
SMPL balance sheet, FY2025
August 31, 2025 · U.S. dollars$2.40B assets = $589.2M liabilities + $1.81B equity
Both columns are drawn to the same scale: what SMPL owns equals what it owes plus shareholders’ equity. Hover a block for its value.
SMPL financial health
Descriptive bands, not a rating. Fiscal FY2025.
SMPL balance sheet trends, FY2016–FY2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $404.1MFY2016 | $2.40BFY2025 | +21.9%/yr | |
| Total liabilities | $14.4MFY2016 | $589.2MFY2025 | +51.0%/yr | |
| Shareholders’ equity | $389.7MFY2016 | $1.81BFY2025 | +18.6%/yr | |
| Cash & short-term investments | $954,102FY2016 | $98.5MFY2025 | +67.4%/yr | |
| Total debt | $333.2MFY2016 | $304.4MFY2025 | −1.0%/yr | |
| Net cash (debt) | −$332.3MFY2016 | −$206.0MFY2025 | +$126.3M | |
| Working capital | $977,732FY2016 | $329.1MFY2025 | +$328.1M | |
| Book value per share | $8.48FY2017 | $17.80FY2025 | +9.7%/yr | |
| Current ratio | 4.13FY2016 | 3.64FY2025 | −0.48 | |
| Debt / equity | 0.86FY2016 | 0.17FY2025 | −0.69 | |
| Shares outstanding | 70.6MFY2017 | 101.5MFY2025 | +4.6%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
SMPL assets
SMPL liabilities and equity
SMPL debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
SMPL balance sheet
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $98.5M | $132.5M | $87.7M | $67.5M | $75.3M | $95.8M | $266.3M | $112.0M | $56.5M | $954,102 |
| Cash & equivalents | $98.5M | $132.5M | $87.7M | $67.5M | $75.3M | $95.8M | $266.3M | $112.0M | $56.5M | $954,102 |
| Short-term investments | — | — | — | — | — | $3.6M | — | — | −$399.9M | — |
| Receivables | $165.0M | $150.7M | $145.1M | $132.7M | $111.5M | $89.7M | $44.2M | $36.6M | $37.2M | $42.8M |
| Inventory | $167.2M | $142.1M | $116.6M | $125.5M | $97.3M | $59.1M | $38.1M | $30.0M | $29.1M | $27.5M |
| Other current assets | $23.0M | $14.9M | $22.3M | $26.0M | $14.6M | $15.6M | $8.9M | $7.1M | $11.2M | $0 |
| Total current assets | $453.7M | $440.3M | $371.7M | $351.6M | $298.7M | $260.3M | $357.6M | $185.7M | $133.9M | $1.3M |
| Property, plant & equipment (net) | $39.7M | $59.9M | $64.9M | $64.6M | $16.6M | $37.6M | $2.5M | $2.6M | $2.1M | $1.4M |
| Goodwill & intangible assets | $1.85B | $1.93B | $1.65B | $1.67B | $1.68B | $1.70B | $777.6M | $784.1M | $785.0M | $227.3M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $402.8M |
| Other non-current assets | $51.0M | $55.7M | $37.2M | $40.1M | $54.8M | $27.7M | $15.1M | $24.2M | $1.5M | $0 |
| Total assets | $2.40B | $2.48B | $2.13B | $2.12B | $2.05B | $2.03B | $1.15B | $996.6M | $922.5M | $404.1M |
| Liabilities | ||||||||||
| Accounts payable | $78.3M | $58.6M | $52.7M | $62.1M | $59.7M | $32.2M | $15.7M | $11.2M | $14.9M | $186,828 |
| Short-term debt | $5.9M | $5.5M | $7.7M | $6.5M | $4.1M | $4.6M | $676,000 | $648,000 | $2.8M | $11.6M |
| Deferred revenue | — | −$5.5M | — | $105.7M | $93.8M | $84.4M | $29.3M | $15.5M | $75.6M | −$11.6M |
| Total current liabilities | $124.6M | $108.6M | $89.9M | $102.2M | $113.7M | $71.5M | $48.0M | $30.6M | $33.2M | $312,828 |
| Long-term debt | $249.1M | $397.5M | $281.6M | $403.0M | $596.9M | $596.9M | $190.3M | $190.9M | $191.9M | $321.6M |
| Lease obligations | $55.4M | $5.5M | $7.7M | $6.7M | $4.1M | $4.3M | — | — | — | — |
| Other long-term liabilities | $215.6M | $250.5M | $182.4M | $178.8M | $152.9M | $221.4M | $201.6M | $102.5M | $98.7M | $0 |
| Total liabilities | $589.2M | $756.6M | $553.9M | $684.1M | $863.4M | $889.8M | $439.9M | $324.0M | $323.8M | $14.4M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $1.0M | $1.0M | $1.0M | $1.0M | $959,000 | $958,000 | $820,000 | $706,000 | $706,000 | $1,184 |
| Retained earnings (deficit) | $590.9M | $487.3M | $348.0M | $214.4M | $105.8M | $64.9M | −$711,000 | $58.3M | −$12.2M | −$192,503 |
| Treasury stock | — | — | — | −$62.0M | −$2.1M | −$2.1M | −$2.1M | — | — | — |
| Accumulated other comprehensive income | −$2.4M | −$2.0M | −$2.6M | −$2.0M | −$818,000 | −$879,000 | −$836,000 | −$798,000 | $19,000 | −$49.2M |
| Total shareholders' equity | $1.81B | $1.73B | $1.57B | $1.44B | $1.19B | $1.14B | $712.9M | $672.6M | $598.7M | $389.7M |
| Key figures | ||||||||||
| Total debt | $304.4M | $437.3M | $327.7M | $454.2M | $601.0M | $624.2M | $190.9M | $191.6M | $217.8M | $333.2M |
| Net cash (debt) | −$206.0M | −$304.8M | −$240.0M | −$386.7M | −$525.6M | −$528.4M | $75.4M | −$79.6M | −$161.3M | −$332.3M |
| Working capital | $329.1M | $331.7M | $281.8M | $249.4M | $185.0M | $188.8M | $309.6M | $155.2M | $100.7M | $977,732 |
| Tangible book value | −$44.7M | −$200.7M | −$80.2M | −$227.7M | −$493.4M | −$564.2M | −$64.7M | −$111.5M | −$186.3M | $162.4M |
| Book value per share | $17.80 | $17.06 | $15.57 | $14.30 | $12.21 | $11.59 | $8.36 | $9.13 | $8.48 | — |
| Shares outstanding | 101.5M | 101.3M | 100.9M | 100.6M | 97.4M | 98.3M | 85.2M | 73.7M | 70.6M | — |
| Current ratio | 3.64 | 4.05 | 4.14 | 3.44 | 2.63 | 3.64 | 7.45 | 6.07 | 4.03 | 4.13 |
| Quick ratio | 2.11 | 2.61 | 2.59 | 1.96 | 1.64 | 2.60 | 6.47 | 4.86 | 2.82 | 139.99 |
| Debt / equity | 0.17 | 0.25 | 0.21 | 0.32 | 0.51 | 0.55 | 0.27 | 0.28 | 0.36 | 0.86 |
| Equity / assets | 75.4% | 69.5% | 73.9% | 67.8% | 57.9% | 56.1% | 61.8% | 67.5% | 64.9% | 96.4% |
| May '26 | Feb '26 | Nov '25 | Aug '25 | May '25 | Feb '25 | Nov '24 | Aug '24 | May '24 | Feb '24 | Nov '23 | Aug '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $123.9M | $107.4M | $194.1M | $98.5M | $98.0M | $103.7M | $121.8M | $132.5M | $208.7M | $135.9M | $121.4M | $87.7M |
| Cash & equivalents | $123.9M | $107.4M | $194.1M | $98.5M | $98.0M | $103.7M | $121.8M | $132.5M | $208.7M | $135.9M | $121.4M | $87.7M |
| Receivables | $156.1M | $123.5M | $129.2M | $165.0M | $152.6M | $157.1M | $149.7M | $150.7M | $146.3M | $147.5M | $135.6M | $145.1M |
| Inventory | $164.3M | $189.8M | $181.1M | $167.2M | $164.5M | $163.7M | $155.3M | $142.1M | $105.9M | $115.8M | $123.2M | $116.6M |
| Other current assets | $19.9M | $18.6M | $9.5M | $23.0M | $21.9M | $19.9M | $17.2M | $14.9M | $20.5M | $36.7M | $16.4M | $22.3M |
| Total current assets | $464.1M | $439.3M | $513.8M | $453.7M | $436.9M | $444.5M | $444.0M | $440.3M | $481.4M | $435.8M | $396.5M | $371.7M |
| Property, plant & equipment (net) | $42.3M | $42.7M | $38.9M | $39.7M | $69.9M | $54.5M | $57.1M | $59.9M | $56.8M | $59.2M | $62.1M | $64.9M |
| Goodwill & intangible assets | $1.51B | $1.59B | $1.85B | $1.85B | $1.92B | $1.92B | $1.92B | $1.93B | $1.64B | $1.64B | $1.65B | $1.65B |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $47.1M | $48.9M | $50.3M | $51.0M | $7.6M | $8.8M | $8.9M | $55.7M | $7.8M | $8.7M | $9.0M | $37.2M |
| Total assets | $2.06B | $2.13B | $2.45B | $2.40B | $2.43B | $2.43B | $2.43B | $2.48B | $2.19B | $2.15B | $2.12B | $2.13B |
| Liabilities | ||||||||||||
| Accounts payable | $57.0M | $66.5M | $75.5M | $78.3M | $73.0M | $75.1M | $58.8M | $58.6M | $56.5M | $55.6M | $43.2M | $52.7M |
| Short-term debt | — | — | $6.8M | $5.9M | $4.4M | $4.4M | $5.6M | $5.5M | $7.8M | $7.9M | $7.8M | $7.7M |
| Deferred revenue | — | — | — | — | — | — | — | −$5.5M | — | — | — | — |
| Total current liabilities | $96.8M | $86.9M | $102.6M | $124.6M | $110.7M | $104.2M | $105.0M | $108.6M | $92.7M | $103.7M | $79.0M | $89.9M |
| Long-term debt | $397.0M | $396.9M | $396.7M | $249.1M | $248.9M | $298.5M | $348.0M | $397.5M | $237.7M | $237.6M | $272.0M | $281.6M |
| Lease obligations | $43.5M | $45.5M | $47.5M | $55.4M | — | — | — | $5.5M | $2,000 | $24,000 | $44.5M | $7.7M |
| Other long-term liabilities | $150.5M | $152.1M | $217.1M | $215.6M | $229.8M | $206.7M | $204.9M | $250.5M | $162.0M | $158.8M | $156.9M | $182.4M |
| Total liabilities | $644.3M | $635.9M | $716.5M | $589.2M | $589.4M | $609.4M | $657.9M | $756.6M | $492.3M | $500.1M | $507.9M | $553.9M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M |
| Retained earnings (deficit) | $404.5M | $456.4M | $616.1M | $590.9M | $603.2M | $562.1M | $525.4M | $487.3M | $458.0M | $416.6M | $383.5M | $348.0M |
| Accumulated other comprehensive income | −$1.5M | −$1.6M | −$2.7M | −$2.4M | −$2.5M | −$2.9M | −$2.4M | −$2.0M | −$2.2M | −$2.3M | −$2.3M | −$2.6M |
| Total shareholders' equity | $1.42B | $1.49B | $1.73B | $1.81B | $1.84B | $1.82B | $1.78B | $1.73B | $1.69B | $1.65B | $1.61B | $1.57B |
| Key figures | ||||||||||||
| Total debt | $397.0M | $396.9M | $451.1M | $304.4M | $304.7M | $334.8M | $386.7M | $437.3M | $276.9M | $278.8M | $315.1M | $327.7M |
| Net cash (debt) | −$273.2M | −$289.4M | −$257.0M | −$206.0M | −$206.7M | −$231.2M | −$264.9M | −$304.8M | −$68.2M | −$142.9M | −$193.8M | −$240.0M |
| Working capital | $367.4M | $352.5M | $411.2M | $329.1M | $326.2M | $340.3M | $339.0M | $331.7M | $388.6M | $332.2M | $317.6M | $281.8M |
| Tangible book value | −$90.7M | −$104.9M | −$113.5M | −$44.7M | −$75.0M | −$101.7M | −$147.9M | −$200.7M | $53.6M | $3.7M | −$40.3M | −$80.2M |
| Book value per share | $15.77 | $16.13 | $17.51 | $17.89 | $18.11 | $17.85 | $17.51 | $17.04 | $16.72 | $16.27 | $15.90 | $15.56 |
| Shares outstanding | 89.9M | 92.3M | 99.1M | 101.0M | 101.6M | 101.8M | 101.5M | 101.4M | 101.3M | 101.3M | 101.1M | 100.9M |
| Current ratio | 4.80 | 5.06 | 5.01 | 3.64 | 3.95 | 4.27 | 4.23 | 4.05 | 5.19 | 4.20 | 5.02 | 4.14 |
| Quick ratio | 2.89 | 2.66 | 3.15 | 2.11 | 2.26 | 2.50 | 2.59 | 2.61 | 3.83 | 2.73 | 3.25 | 2.59 |
| Debt / equity | 0.28 | 0.27 | 0.26 | 0.17 | 0.17 | 0.18 | 0.22 | 0.25 | 0.16 | 0.17 | 0.20 | 0.21 |
| Equity / assets | 68.8% | 70.1% | 70.8% | 75.4% | 75.7% | 74.9% | 73.0% | 69.5% | 77.5% | 76.7% | 76.0% | 73.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed October 28, 2025); data from EODHD.
SMPL financial position
At the end of fiscal 2025 (August 31, 2025), Simply Good Foods had total assets of $2.4 billion (down 3.5% from a year earlier), total liabilities of $589.2 million and shareholders' equity of $1.8 billion. It held $98.5 million in cash and short-term investments against $304.4 million of debt, net debt of $206.0 million. Its current ratio was 3.64. In the latest quarter (ended May 31, 2026) total assets were $2.1 billion and equity $1.4 billion.
Related: SMPL income statement, SMPL cash flow statement, SMPL key metrics. See the SMPL stock overview for the latest quote and news.
SMPL balance sheet FAQ
What are Simply Good Foods's total assets?
Simply Good Foods reported total assets of $2.4 billion at the end of fiscal 2025 (August 31, 2025), compared with $2.5 billion a year earlier.
How much debt does Simply Good Foods have?
Simply Good Foods had $304.4 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.17.
How much cash does Simply Good Foods have?
Simply Good Foods held $98.5 million in cash and short-term investments at the end of fiscal 2025; with $304.4 million of debt that is net debt of $206.0 million.
What is Simply Good Foods's book value?
Simply Good Foods's shareholders' equity (book value) was $1.8 billion at the end of fiscal 2025, or $17.80 per share.
What is Simply Good Foods's current ratio?
Simply Good Foods had current assets of $453.7 million and current liabilities of $124.6 million, a current ratio of 3.64 (it can cover its short-term obligations).
How much goodwill does Simply Good Foods have?
Simply Good Foods carried $1.9 billion of goodwill and intangible assets, 77.3% of total assets, at the end of fiscal 2025.