The Real Good Food Company, Inc. Total Assets
The Real Good Food Company, Inc. total assets. Based on the latest financial reports, The Real Good Food Company, Inc. (RGFC) 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. Also see The Real Good Food Company, Inc. market cap and net worth for the company's overall valuation and market capitalisation.
Total Assets of The Real Good Food Company, Inc. (2019–2022)
Total assets of The Real Good Food Company, Inc. from 2019 to 2022. This chart illustrates how The Real Good Food Company, Inc.'s total assets have evolved over time, based on quarterly financial data. See latest The Real Good Food Company, Inc. stock price today for real-time trading data and today's change.
The Real Good Food Company, Inc. - Asset Composition Analysis
The Real Good Food Company, Inc. Total Assets Breakdown (December 2022)
The Real Good Food Company, Inc. total assets breakdown as of December 2022. The 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 | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $12.49 Million | 9.5% |
Asset Composition Trend (2019–2022)
This chart illustrates how The 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. Explore working capital position of The Real Good Food Company, Inc. to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: The 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 inventory at 30.0% of total assets.
The Real Good Food Company, Inc. Competitors by Total Assets
Key competitors of The Real Good Food Company, Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
The Magnum Ice Cream Company N.V.
AS:MICC
|
Netherlands | €7.49 Billion |
|
MEIJI HLD.UN.ADR 1/4 O.N.
F:3M00
|
Germany | €1.26 Trillion |
|
Unibel S.A
PA:UNBL
|
France | €4.09 Billion |
|
JiangXi Tianxin Pharm Co Ltd
SHG:603235
|
China | CN¥6.25 Billion |
|
Sanquan Food Co Ltd
SHE:002216
|
China | CN¥7.57 Billion |
|
JinJian Cereals Industry Co Ltd
SHG:600127
|
China | CN¥2.23 Billion |
|
Beijing Sanyuan Foods Co Ltd
SHG:600429
|
China | CN¥8.86 Billion |
|
Kri-Kri Milk Industry S.A
AT:KRI
|
Greece | €219.80 Million |
The 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 |
The Real Good Food Company, Inc. - Advanced Valuation Insights
This section examines the relationship between The 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 | 0.01 |
| Asset Growth Rate (YoY) | 28.7% |
| Total Assets | $131.44 Million |
| Market Capitalization | $966.48K USD |
Valuation Analysis
Below Book Valuation: The market values The Real Good Food Company, Inc.'s assets below their book value (0.01x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: The 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 The Real Good Food Company, Inc. (2019–2022)
The table below shows the annual total assets of The 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 | -- |
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