The Real Good Food Company, Inc. (RGFC) - Net Assets
Based on the latest financial reports, The Real Good Food Company, Inc. (RGFC) has net assets worth $- USD as of . Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($-) and total liabilities ($-). 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. Read RGFC total debt and obligations for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $- |
| % of Total Assets | 0% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
The Real Good Food Company, Inc. - Net Assets Trend (2021–2022)
This chart illustrates how The Real Good Food Company, Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore The Real Good Food Company, Inc. assets under control for the complete picture of this company's asset base.
Annual Net Assets for The Real Good Food Company, Inc. (2021–2022)
The table below shows the annual net assets of The Real Good Food Company, Inc. from 2021 to 2022. For live valuation and market cap data, see RGFC market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $-8.10 Million | -126.15% |
| 2021-12-31 | $30.98 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to The Real Good Food Company, 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 1098300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $56.28 Million | 160.10% |
| Total Equity | $35.15 Million | 100.00% |
The Real Good Food Company, Inc. Competitors by Market Cap
The table below lists competitors of The Real Good Food Company, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Maven Income and Growth VCT 4 PLC
LSE:MAV4
|
$1.01 Million |
|
Satis Group S.A.
WAR:STS
|
$1.01 Million |
|
BioNeutra Global Corp
V:BGA
|
$1.01 Million |
|
Mastrad
PA:ALMAS
|
$1.01 Million |
|
GACM Technologies Limited
NSE:GATECHDVR
|
$1.01 Million |
|
Metavisio (Thomson Computing)
PA:ALTHO
|
$1.00 Million |
|
Oasis Crescent Property Fund
JSE:OAS
|
$1.00 Million |
|
Integragen
PA:ALINT
|
$1.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in The Real Good Food Company, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 39,553,000 to 35,150,000, a change of -4,403,000 (-11.1%).
- Net loss of 10,982,000 reduced equity.
- Other factors increased equity by 6,579,000.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-10.98 Million | -31.24% |
| Other Changes | $6.58 Million | +18.72% |
| Total Change | $- | -11.13% |
Book Value vs Market Value Analysis
This analysis compares The Real Good Food Company, 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
- Current price-to-book ratio: 0.01x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $76.93 | $0.80 | x |
| 2022-12-31 | $65.65 | $0.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently The Real Good Food Company, 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): -31.24%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.76%
- • Asset Turnover: 1.08x
- • Equity Multiplier: 3.74x
- Recent ROE (-31.24%) is above the historical average (-59.84%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -88.43% | -41.60% | 0.82x | 2.58x | $-38.93 Million |
| 2022 | -31.24% | -7.76% | 1.08x | 3.74x | $-14.50 Million |
Industry Comparison
This section compares The Real Good Food Company, Inc.'s net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $851,608,847
- Average return on equity (ROE) among peers: -57.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| The Real Good Food Company, Inc. (RGFC) | $- | -88.43% | N/A | $1.01 Million |
| Above Food Ingredients Inc. Common Stock (ABVE) | $-46.26 Million | 0.00% | 0.00x | $34.25 Million |
| Agape ATP Corporation Common Stock (ATPC) | $2.30 Million | -3.27% | 0.00x | $2.64 Million |
| B&G Foods Inc (BGS) | $83.27 Million | 9.61% | 6.14x | $432.61 Million |
| BranchOut Food Inc. Common Stock (BOF) | $-5.14 Million | 0.00% | 0.00x | $52.50 Million |
| Bellring Brands LLC (BRBR) | $-453.90 Million | 0.00% | 0.00x | $1.30 Billion |
| BRC Inc. (BRCC) | $68.02 Million | -47.39% | 2.08x | $144.46 Million |
| BRF SA ADR (BRFS) | $8.81 Billion | 17.23% | 4.64x | $5.38 Billion |
| Bridgford Foods Corporation (BRID) | $50.80 Million | 17.13% | 0.49x | $68.08 Million |
| Borealis Foods Inc. (BRLS) | $4.64 Million | -566.46% | 12.96x | $32.19 Million |
| Better Choice Company Inc (BTTR) | $-1.18 Million | 0.00% | 0.00x | $5.13 Million |
About The Real Good Food Company, Inc.
The Real Good Food Company, Inc., through its subsidiary, operates as a health and wellness focused frozen food company in the United States. The company develops, manufactures, and markets foods designed to be high in protein, low in sugar, and made from gluten- and grain-free ingredients. It offers comfort foods, such as bacon wrapped stuffed chicken, chicken enchiladas, grain-free cheesy bread… Read more