The Real Good Food Company, Inc. (RGFC) — Working Capital to Net Assets Ratio
The Real Good Food Company, Inc. (RGFC) has a Working Capital to Net Assets ratio of -74.1% as of September 2023. Working capital of $32.37 Million (current assets of $90.61 Million minus current liabilities of $58.24 Million) is measured against net assets of $-43.72 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how many days can The Real Good Food Company, Inc. fund operations to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
The Real Good Food Company, Inc. Working Capital to Net Assets (2019–2022)
This chart shows how The Real Good Food Company, Inc.'s Working Capital to Net Assets ratio has evolved across 4 annual periods from 2019 to 2022. As of September 2023, the ratio stands at -74.1%, reflecting working capital of $32.37 Million against net assets of $-43.72 Million USD. For the complete balance sheet picture, see The Real Good Food Company, Inc. total assets.
Annual Working Capital to Net Assets for The Real Good Food Company, Inc. (2019–2022)
The table below presents the year-by-year Working Capital to Net Assets ratio for The Real Good Food Company, Inc. from 2019 to 2022, covering 4 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Read total liabilities of The Real Good Food Company, Inc. for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | -405.8% | $32.88 Million | $-8.10 Million | $66.10 Million | $33.22 Million | ▼ -506.8 pp |
| 2021 | 101.0% | $31.31 Million | $30.98 Million | $62.95 Million | $31.64 Million | ▲ +112.3 pp |
| 2020 | -11.3% | $3.41 Million | $-30.17 Million | $11.97 Million | $8.56 Million | ▲ +36.8 pp |
| 2019 | -48.1% | $7.09 Million | $-14.75 Million | $12.24 Million | $5.15 Million | — |