The Real Good Food Company, Inc. Working Capital to Net Assets Ratio
The Real Good Food Company, Inc. 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. Check tangible net worth ratio of The Real Good Food Company, Inc. to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of The Real Good Food Company, Inc. (2019–2022)
Working capital to net assets ratio of The Real Good Food Company, Inc. from 2019 to 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. 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.
The Real Good Food Company, Inc. Working Capital to Net Assets Ratio by Year (2019–2022)
The Real Good Food Company, Inc. working capital to net assets ratio by year from 2019 to 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. For the complete balance sheet picture, see The Real Good Food Company, Inc. total assets.
| 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 | — |