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The Real Good Food Company (The Real Good Food Company) Equity-to-Asset : 0.19 (As of Sep. 2023)


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What is The Real Good Food Company Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. The Real Good Food Company's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $28.6 Mil. The Real Good Food Company's Total Assets for the quarter that ended in Sep. 2023 was $151.7 Mil. Therefore, The Real Good Food Company's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.19.

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

RGF' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.95   Med: 0.24   Max: 0.4
Current: 0.19

During the past 4 years, the highest Equity to Asset Ratio of The Real Good Food Company was 0.40. The lowest was -1.95. And the median was 0.24.

RGF's Equity-to-Asset is ranked worse than
89.47% of 1919 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs RGF: 0.19

The Real Good Food Company Equity-to-Asset Historical Data

The historical data trend for The Real Good Food Company's Equity-to-Asset 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.

* Premium members only.

The Real Good Food Company Equity-to-Asset Chart

The Real Good Food Company Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
-0.96 -1.95 0.39 0.27

The Real Good Food Company Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.30 0.27 0.25 0.22 0.19

Competitive Comparison of The Real Good Food Company's Equity-to-Asset

For the Packaged Foods subindustry, The Real Good Food Company's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Company's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

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

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



The Real Good Food Company Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

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

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=35.15/131.439
=0.27

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

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=28.605/151.712
=0.19

* 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 Company  (NAS:RGF) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


The Real Good Food Company Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of The Real Good Food Company's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


The Real Good Food Company (The Real Good Food Company) Business Description

Traded in Other Exchanges
N/A
Address
3 Executive Campus, Suite 155, Cherry Hill, NJ, USA, 08002
The Real Good Food Company Inc is an innovative, high-growth, branded, health- and wellness-focused frozen food company. It develops, markets, and manufactures delicious and convenient comfort foods designed to be high in protein, low in sugar, and made from gluten- and grain-free ingredients that are intended to be sold in the health and wellness segment of the frozen food category. All of its revenue is derived from the United States.
Executives
Bryan T. Freeman director, 10 percent owner, officer: See Remarks 3 EXECUTIVE CAMPUS, SUITE 155, CHERRY HILL NJ 08002
David Kanen 10 percent owner 6429 NW 65TH WAY, PARKLAND FL 33067
Philotimo Focused Growth & Income Fund 10 percent owner, other: See Explanation of Responses 5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Kanen Wealth Management Llc 10 percent owner, other: See Explanation of Responses 5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Philotimo Fund, Lp 10 percent owner, other: See Explanation of Responses 5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Mark Joseph Nelson director LOCAL BOUNTI CORPORATION, 220 W MAIN STREET, HAMILTON MT 59840
Gerard Garfield Law director, officer: See Remarks 3 EXECUTIVE CAMPUS, SUITE 155, CHERRY HILL NJ 08002
De Cardenas Gilbert B. director 3 EXECUTIVE CAMPUS, SUITE 155, CHERRY HILL NJ 08002
Akshay Jagdale officer: Chief Financial Officer 3 EXECUTIVE CAMPUS, SUITE 155, CHERRY HILL NJ 08002
Strand Equity Partners Iii, Llc 10 percent owner 1888 CENTURY PARK EAST, SUITE 1440, LOS ANGELES CA 90067
Josh Schreider 10 percent owner 3 EXECUTIVE CAMPUS, SUITE 155, CHERRYL HILL NJ 08002
Awm Investment Company, Inc. 10 percent owner 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Andrew J Stiffelman 10 percent owner, officer: See Remarks 3 EXECUTIVE CAMPUS, SUITE 155, CHERRY HILL NJ 08002
Deanna T Brady director 1 HORMEL STREET, AUSTIN MN 55912
Seth Rodsky 10 percent owner 1888 CENTURY PARK EAST, SUITE 1440, LOS ANGELES CA 90067