The Simply Good Foods Company — Earnings Quality Grade F
SMPL · Consumer Defensive
Major red flags
Screening Summary
Management Signals
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 42 days, change +0 days YoY
AR growth 9.5% vs revenue growth 9.0%
Revenue 9.0%, CFFO -17.3%. Cash follows revenue
Expense Quality
Inventory 17.7% vs COGS 12.9%. Normal
CapEx growth 249.8% is >2x revenue growth 9.0%
SG&A/Gross Profit = 55.2%. Normal
Gross margin 36.2%, change -2.2pp. Stable
Cash Flow Quality
CFFO/NI = 1.72. Profits backed by cash
FCF $0.2B, FCF/NI = 1.50
Accruals ratio = -3.1%. Low accruals
Cash $0.1B covers only 32% of debt $0.3B
Balance Sheet Health
Goodwill+Intangibles $1.9B = 102% of equity. Over 50%
Debt/EBITDA = 1.6x. Healthy
Other assets 19.0% vs revenue 9.0%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change -4% YoY. Normal
Manipulation Score
M-Score = -2.40 (< -2.22). Unlikely manipulator
Portfolio monitoring
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Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25
