RGFC (The Real Good Food Co) Debt-to-Equity: 5.02 (As of Sep. 2023)

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RGFC The Real Good Food Co Inc RGFC
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What is The Real Good Food Co Debt-to-Equity?

The Real Good Food Co RGFC -46.67% 14 Debt-to-Equity is 5.02 as of Sep. 2023. GuruFocus rates RGFC with a GF Score™ of 14/100.

The Real Good Food Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $6.9 Mil. The Real Good Food Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $136.7 Mil. The Real Good Food Co's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $28.6 Mil. The Real Good Food Co's debt to equity for the quarter that ended in Sep. 2023 was 5.02.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for The Real Good Food Co's Debt-to-Equity or its related term are showing as below:

RGFC's Debt-to-Equity is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 0.41
* Ranked among companies with meaningful Debt-to-Equity only.

The Real Good Food Co  (OTCPK:RGFC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

The Real Good Food Co Debt-to-Equity Related Terms

The Real Good Food Co Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for The Real Good Food Co's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The Real Good Food Co Debt-to-Equity Chart

The Real Good Food Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
-1.79 -1.33 0.95 3.09

The Real Good Food Co Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.64 3.09 3.78 4.46 5.02

RGFC vs PLAG, NAII, FARM: Debt-to-Equity Comparison

For the Packaged Foods subindustry, The Real Good Food Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

The Real Good Food Co Debt-to-Equity vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Real Good Food Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where The Real Good Food Co's Debt-to-Equity falls into.


RGFC
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The Real Good Food Co Inc RGFC
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The Real Good Food Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

The Real Good Food Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(5.135 + 103.61) / 35.15
=3.09

The Real Good Food Co's Debt to Equity Ratio for the quarter that ended in Sep. 2023 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(6.913 + 136.695) / 28.605
=5.02

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 5.02 mean?
The Real Good Food Co (RGFC) has a Debt-to-Equity of 5.02 as of Sep. 2023. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on The Real Good Food Co and its competitors.
Is The Real Good Food Co's Debt-to-Equity too high?
The Real Good Food Co's current Debt-to-Equity is 5.02. The Consumer Packaged Goods industry median Debt-to-Equity is 0.41. The Real Good Food Co's value of 5.02 is 1124.4% above this industry median. Overall, The Real Good Food Co has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does The Real Good Food Co's Debt-to-Equity compare to PLAG and NAII?
The Real Good Food Co's Debt-to-Equity of 5.02 can be compared against companies in the Consumer Packaged Goods industry. The industry median Debt-to-Equity is 0.41. The Real Good Food Co's value of 5.02 is 1124.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Consumer Packaged Goods company?
The median Debt-to-Equity among Consumer Packaged Goods companies is 0.41, based on 1,745 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Real Good Food Co's current Debt-to-Equity of 5.02 is 1124.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on The Real Good Food Co and its competitors. For the Consumer Packaged Goods industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Real Good Food Co's current Debt-to-Equity is 5.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Real Good Food Co stock overvalued right now?
The Real Good Food Co (RGFC) has a current Debt-to-Equity of 5.02. The current Debt-to-Equity is 5.02 and 1124.4% above the Consumer Packaged Goods industry median of 0.41. The Real Good Food Co's overall GF Score™ is 14/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For The Real Good Food Co (RGFC), the current Debt-to-Equity is 5.02 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

The Real Good Food Co Business Description

Address 3 Executive Campus, Suite 155, Cherry Hill, NJ, USA, 08002
The Real Good Food Co Inc is a frozen food company that develops, markets, and manufactures foods high in protein, low in sugar, and gluten- and grain-free. The company produces breakfast sandwiches, entrees, and other products, primarily sold in the U.S. frozen food category. All of its revenue is derived from the United States.
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