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The Real Good Food Company (The Real Good Food Company) Liabilities-to-Assets : 1.29 (As of Sep. 2023)


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What is The Real Good Food Company Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. The Real Good Food Company's Total Liabilities for the quarter that ended in Sep. 2023 was $195.4 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 Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 1.29.


The Real Good Food Company Liabilities-to-Assets Historical Data

The historical data trend for The Real Good Food Company's Liabilities-to-Assets 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.

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The Real Good Food Company Liabilities-to-Assets Chart

The Real Good Food Company Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Liabilities-to-Assets
1.96 2.95 0.70 1.06

The Real Good Food Company Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Liabilities-to-Assets 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 0.98 1.06 1.15 1.24 1.29

Competitive Comparison of The Real Good Food Company's Liabilities-to-Assets

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

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

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



The Real Good Food Company Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

The Real Good Food Company's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Liabilities-to-Assets (A: Dec. 2022 )=Total Liabilities/Total Assets
=139.541/131.439
=1.06

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

Liabilities-to-Assets (Q: Sep. 2023 )=Total Liabilities/Total Assets
=195.428/151.712
=1.29

* 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) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


The Real Good Food Company Liabilities-to-Assets Related Terms

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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

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