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
Real Good Food Company Inc (RGF) - Total Assets
Latest total assets as of September 2023: $151.71 Million USD
Based on the latest financial reports, Real Good Food Company Inc (RGF) holds total assets worth $151.71 Million USD as of September 2023.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Real Good Food Company Inc - Total Assets Trend (2019–2022)
This chart illustrates how Real Good Food Company Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Real Good Food Company Inc - Asset Composition Analysis
Current Asset Composition (December 2022)
Real Good Food Company Inc's total assets of $151.71 Million consist of 50.3% current assets and 49.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 4.0% |
| Accounts Receivable | $20.32 Million | 15.5% |
| Inventory | $39.48 Million | 30.0% |
| Property, Plant & Equipment | $49.38 Million | 37.6% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $12.49 Million | 9.5% |
Asset Composition Trend (2019–2022)
This chart illustrates how Real Good Food Company Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Real Good Food Company Inc's current assets represent 50.3% of total assets in 2022, a decrease from 80.0% in 2019.
- Cash Position: Cash and equivalents constituted 4.0% of total assets in 2022, up from 2.5% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 9.0% of total assets, an increase from 0.0% in 2019.
- Asset Diversification: The largest asset category is property, plant & equipment at 37.6% of total assets.
Real Good Food Company Inc Competitors by Total Assets
Key competitors of Real Good Food Company Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
General Mills Inc
NYSE:GIS
|
USA | $32.55 Billion |
|
Maniker F & G Co. Ltd
KQ:195500
|
Korea | ₩123.42 Billion |
|
Xiwang Foodstuffs Co Ltd
SHE:000639
|
China | CN¥6.08 Billion |
|
Nanfang Black Sesame Group Co Ltd
SHE:000716
|
China | CN¥4.57 Billion |
|
CNFC Overseas Fishery Co Ltd
SHE:000798
|
China | CN¥5.88 Billion |
|
Henan Shuanghui Investment & Development Co Ltd
SHE:000895
|
China | CN¥40.64 Billion |
|
Xinjiang Chalkis Co Ltd
SHE:000972
|
China | CN¥1.25 Billion |
|
Daehan Flour Mills Co Ltd
KO:001130
|
Korea | ₩1.61 Trillion |
Real Good Food Company Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Real Good Food Company Inc generates 1.08x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Real Good Food Company Inc is currently not profitable relative to its asset base.
Real Good Food Company Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.56 | 2.39 | 1.40 |
| Quick Ratio | 0.56 | 1.01 | 0.42 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $32.37 Million | $ 35.45 Million | $ 3.41 Million |
Real Good Food Company Inc - Advanced Valuation Insights
This section examines the relationship between Real Good Food Company Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.00 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 28.7% |
| Total Assets | $131.44 Million |
| Market Capitalization | $2.69 Million USD |
Valuation Analysis
Below Book Valuation: The market values Real Good Food Company Inc's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Real Good Food Company Inc's assets grew by 28.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Real Good Food Company Inc (2019–2022)
The table below shows the annual total assets of Real Good Food Company Inc from 2019 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $131.44 Million | +28.68% |
| 2021-12-31 | $102.14 Million | +560.27% |
| 2020-12-31 | $15.47 Million | +1.12% |
| 2019-12-31 | $15.30 Million | -- |