Simply Inc
Simply, Inc. operates retail consumer electronics stores that sells Apple products and provide service by Apple-certified technicians in the United States. Simply, Inc. was formerly known as Cool Holdings, Inc. and changed its name to Simply, Inc. in October 2020. The company was incorporated in 1994 and is headquartered in Miami, Florida. On June 14, 2022, Simply, Inc., along with its affiliate,… Read more
Simply Inc (SIMPQ) - Net Assets
Latest net assets as of January 2022: $-5.97 Million USD
Based on the latest financial reports, Simply Inc (SIMPQ) has net assets worth $-5.97 Million USD as of January 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($30.44 Million) and total liabilities ($36.40 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-5.97 Million |
| % of Total Assets | -19.6% |
| Annual Growth Rate | N/A |
| 5-Year Change | -183.97% |
| 10-Year Change | -135.47% |
| Growth Volatility | 111.39 |
Simply Inc - Net Assets Trend (2002–2022)
This chart illustrates how Simply Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Simply Inc (2002–2022)
The table below shows the annual net assets of Simply Inc from 2002 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-01-31 | $-5.97 Million | -113.45% |
| 2021-01-31 | $-2.79 Million | +72.12% |
| 2020-01-31 | $-10.02 Million | -263.58% |
| 2019-01-31 | $-2.76 Million | -138.80% |
| 2018-01-31 | $7.11 Million | -32.91% |
| 2017-01-31 | $10.59 Million | -25.63% |
| 2016-01-31 | $14.24 Million | -11.57% |
| 2015-01-31 | $16.10 Million | -1.37% |
| 2014-01-31 | $16.33 Million | -2.93% |
| 2013-01-31 | $16.82 Million | -11.40% |
| 2012-01-31 | $18.99 Million | -10.72% |
| 2011-01-31 | $21.27 Million | -14.35% |
| 2010-01-31 | $24.83 Million | -7.22% |
| 2009-01-31 | $26.76 Million | -27.73% |
| 2008-01-31 | $37.02 Million | -2.33% |
| 2007-01-31 | $37.91 Million | +110.08% |
| 2006-01-31 | $18.04 Million | +45.06% |
| 2005-01-31 | $12.44 Million | +418.83% |
| 2004-01-31 | $2.40 Million | -35.57% |
| 2003-01-31 | $3.72 Million | +57.35% |
| 2002-01-31 | $2.36 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Simply Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 6704000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (January 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $13.00K | % |
| Other Comprehensive Income | $-8.00K | % |
| Other Components | $61.07 Million | % |
| Total Equity | $-5.97 Million | 100.00% |
Simply Inc Competitors by Market Cap
The table below lists competitors of Simply Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jo-Jo Capital Canada Ltd.
V:JOJO-P
|
$610.39 |
|
CLST Holdings Inc
PINK:CLHI
|
$610.70 |
|
Vietnam Enterprise Investment and Development JSC
VN:FID
|
$612.74 |
|
STRIKE ENERGY (RJN.SG)
STU:RJN
|
$613.79 |
|
JAMESON RES
BE:3J1
|
$607.79 |
|
HubStyle S.A.
WAR:HUB
|
$607.78 |
|
Ideal Spinning Mills Ltd
KAR:IDSM
|
$606.57 |
|
UNILEVER NIGERIA PLC
XNSA:UNILEVER
|
$605.28 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Simply Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -2,795,000 to -5,966,000, a change of -3,171,000.
- Net loss of 11,121,000 reduced equity.
- New share issuances of 2,000,000 increased equity.
- Other comprehensive income increased equity by 7,000.
- Other factors increased equity by 5,943,000.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-11.12 Million | -186.41% |
| Share Issuances | $2.00 Million | +33.52% |
| Other Comprehensive Income | $7.00K | +0.12% |
| Other Changes | $5.94 Million | +99.61% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Simply Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-01-31 | $24.98 | $0.00 | x |
| 2003-01-31 | $41.61 | $0.00 | x |
| 2004-01-31 | $93.65 | $0.00 | x |
| 2005-01-31 | $362.40 | $0.00 | x |
| 2006-01-31 | $183.64 | $0.00 | x |
| 2007-01-31 | $693.96 | $0.00 | x |
| 2008-01-31 | $640.20 | $0.00 | x |
| 2009-01-31 | $449.47 | $0.00 | x |
| 2010-01-31 | $429.31 | $0.00 | x |
| 2011-01-31 | $374.81 | $0.00 | x |
| 2012-01-31 | $334.64 | $0.00 | x |
| 2013-01-31 | $296.48 | $0.00 | x |
| 2014-01-31 | $287.79 | $0.00 | x |
| 2015-01-31 | $281.09 | $0.00 | x |
| 2016-01-31 | $247.57 | $0.00 | x |
| 2017-01-31 | $183.99 | $0.00 | x |
| 2018-01-31 | $16.30 | $0.00 | x |
| 2019-01-31 | $-6.68 | $0.00 | x |
| 2020-01-31 | $-8.49 | $0.00 | x |
| 2021-01-31 | $-0.28 | $0.00 | x |
| 2022-01-31 | $-0.50 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Simply Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -14.06%
- • Asset Turnover: 2.60x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-4.73%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | -11.37% | -0.22% | 8.43x | 6.03x | $-137.01K |
| 2003 | 39.96% | 0.96% | 7.40x | 5.64x | $319.96K |
| 2004 | 47.51% | 1.75% | 5.13x | 5.30x | $899.26K |
| 2005 | 0.31% | 0.05% | 3.92x | 1.50x | $-1.21 Million |
| 2006 | 15.00% | 1.86% | 3.94x | 2.05x | $902.74K |
| 2007 | 6.70% | 1.05% | 2.90x | 2.19x | $-1.25 Million |
| 2008 | -4.36% | -0.66% | 2.67x | 2.48x | $-5.32 Million |
| 2009 | -38.92% | -4.88% | 3.52x | 2.27x | $-13.09 Million |
| 2010 | -6.15% | -0.66% | 3.48x | 2.68x | $-4.01 Million |
| 2011 | -16.78% | -4.92% | 2.52x | 1.35x | $-5.69 Million |
| 2012 | -13.10% | -7.13% | 1.33x | 1.38x | $-4.39 Million |
| 2013 | -14.86% | -7.29% | 1.55x | 1.32x | $-4.18 Million |
| 2014 | -3.66% | -1.58% | 1.83x | 1.27x | $-2.23 Million |
| 2015 | 1.62% | 0.54% | 1.85x | 1.61x | $-1.35 Million |
| 2016 | -8.73% | -2.60% | 2.28x | 1.47x | $-2.67 Million |
| 2017 | -26.77% | -7.24% | 2.44x | 1.51x | $-3.89 Million |
| 2018 | -65.73% | -19.97% | 1.89x | 1.74x | $-5.38 Million |
| 2019 | 0.00% | -112.80% | 1.77x | 0.00x | $-27.00 Million |
| 2020 | 0.00% | -69.17% | 1.09x | 0.00x | $-20.01 Million |
| 2021 | 0.00% | 6.29% | 2.75x | 0.00x | $4.56 Million |
| 2022 | 0.00% | -14.06% | 2.60x | 0.00x | $-10.52 Million |
Industry Comparison
This section compares Simply Inc's net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $866,355,577
- Average return on equity (ROE) among peers: 86.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Simply Inc (SIMPQ) | $-5.97 Million | -11.37% | N/A | $608.38 |
| Able View Global Inc. Class B Ordinary Shares (ABLV) | $7.74 Million | 76.78% | 1.27x | $8.70 Million |
| Alimentation Couchen Tard Inc A (ANCTF) | $3.22 Billion | 17.81% | 2.28x | $37.28 Billion |
| Arhaus Inc (ARHS) | $3.03 Million | 248.25% | 87.69x | $382.69 Million |
| Arko Corp (ARKO) | $194.89 Million | -22.34% | 8.48x | $238.69 Million |
| Academy Sports Outdoors Inc (ASO) | $857.04 Million | 2.50% | 2.78x | $3.28 Billion |
| BARK, Inc. (BARK) | $203.74 Million | -15.41% | 0.25x | $89.87 Million |
| Build-A-Bear Workshop Inc (BBW) | $88.73 Million | 0.29% | 2.35x | $438.23 Million |
| Bath & Body Works Inc. (BBWI) | $2.27 Billion | 20.34% | 0.80x | $4.13 Billion |
| Best Buy Co. Inc (BBY) | $1.82 Billion | 21.73% | 1.66x | $12.17 Billion |
| Big 5 Sporting Goods Corporation (BGFV) | $3.67 Million | 519.38% | 69.22x | $29.90 Million |