Simply, Inc. SIMP OTC

Simply, Inc. (SIMP) reported total assets of $30.44M and total liabilities of $36.4M for quarter ending 2022-01-29, resulting in total equity of $-5.97M.

The company held $1.83M in cash and short-term investments. Total debt stood at $21.35M, with net debt of $19.52M. The Debt-to-Equity (D/E) ratio was -3.58 (conservative).

Current ratio is 0.62, which may signal tight short-term liquidity. Interest coverage is -2.8x (weak).

Criteria supported by this page:

• HEALTH (0/100, Fail) — the balance sheet shows elevated risk in debt or liquidity metrics
• MOAT (25/100) — Total assets $30.44M and equity $-5.97M support the company's competitive scale

Overall SharesGrow Score: 22/100 with 0/7 criteria passed.