RGFC (The Real Good Food Co) LT-Debt-to-Total-Asset: 0.90 (As of Sep. 2023)


RGFC The Real Good Food Co Inc RGFC
14 GF Score
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What is The Real Good Food Co LT-Debt-to-Total-Asset?

The Real Good Food Co RGFC 14 LT-Debt-to-Total-Asset is 0.90 as of Sep. 2023. GuruFocus rates RGFC with a GF Score™ of 14/100.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. The Real Good Food Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.90.

The Real Good Food Co's long-term debt to total assets ratio increased from Sep. 2022 (0.75) to Sep. 2023 (0.90). It may suggest that The Real Good Food Co is progressively becoming more dependent on debt to grow their business.

The Real Good Food Co  (OTCPK:RGFC) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

The Real Good Food Co LT-Debt-to-Total-Asset Related Terms

The Real Good Food Co LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for The Real Good Food Co's LT-Debt-to-Total-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.

The Real Good Food Co LT-Debt-to-Total-Asset Chart

The Real Good Food Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22
LT-Debt-to-Total-Asset
1.63 2.40 0.35 0.79

The Real Good Food Co Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
LT-Debt-to-Total-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 0.75 0.79 0.92 0.96 0.90
RGFC
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The Real Good Food Co Inc RGFC
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The Real Good Food Co LT-Debt-to-Total-Asset Calculation

The Real Good Food Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )/Total Assets (A: Dec. 2022 )
=103.61/131.439
=0.79

The Real Good Food Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )/Total Assets (Q: Sep. 2023 )
=136.695/151.712
=0.90

* 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 LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.90 mean?
The Real Good Food Co (RGFC) has a LT-Debt-to-Total-Asset of 0.90 as of Sep. 2023. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on The Real Good Food Co and its competitors.
Is The Real Good Food Co's LT-Debt-to-Total-Asset too high?
The Real Good Food Co's current LT-Debt-to-Total-Asset is 0.90. 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 LT-Debt-to-Total-Asset compare to PLAG and NAII?
The Real Good Food Co's LT-Debt-to-Total-Asset of 0.90 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Consumer Packaged Goods company?
A good LT-Debt-to-Total-Asset depends on the Consumer Packaged Goods industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on The Real Good Food Co and its competitors. The Real Good Food Co's current LT-Debt-to-Total-Asset is 0.90. 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 LT-Debt-to-Total-Asset of 0.90. The current LT-Debt-to-Total-Asset is 0.90. 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 LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For The Real Good Food Co (RGFC), the current LT-Debt-to-Total-Asset is 0.90 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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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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