RGFC (The Real Good Food Co) Total Assets: $151.7 Mil (As of Sep. 2023)


RGFC The Real Good Food Co Inc RGFC
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What is The Real Good Food Co Total Assets?

The Real Good Food Co RGFC 14 Total Assets is $151.7 Mil as of Sep. 2023. GuruFocus rates RGFC with a GF Score™ of 14/100.

The Real Good Food Co's Total Assets for the quarter that ended in Sep. 2023 was $151.7 Mil.

Total Assets is connected with ROA %. The Real Good Food Co's annualized ROA % for the quarter that ended in Sep. 2023 was -12.21%. Total Assets is also linked to Revenue through Asset Turnover. The Real Good Food Co's Asset Turnover for the quarter that ended in Sep. 2023 was 0.38.

The Real Good Food Co  (OTCPK:RGFC) Total Assets Explanation

Total Assets is connected with ROA %.

The Real Good Food Co's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=-17.744/( (138.859+151.712)/ 2 )
=-17.744/145.2855
=-12.21 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

The Real Good Food Co's Asset Turnover for the quarter that ended in Sep. 2023 is

Asset Turnover
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=55.565/( (138.859+151.712)/ 2 )
=55.565/145.2855
=0.38

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

The Real Good Food Co Total Assets Related Terms

The Real Good Food Co Total Assets Historical Data

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The historical data trend for The Real Good Food Co's Total 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.

The Real Good Food Co Total Assets Chart

The Real Good Food Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Total Assets
15.30 15.47 102.14 131.44

The Real Good Food Co Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Total 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 123.46 131.44 131.09 138.86 151.71
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The Real Good Food Co Inc RGFC
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The Real Good Food Co Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

The Real Good Food Co's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets=Total Equity (A: Dec. 2022 )+Total Liabilities (A: Dec. 2022 )
=-8.102+139.541
=131.4

The Real Good Food Co's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (Q: Sep. 2023 )+Total Liabilities (Q: Sep. 2023 )
=-43.716+195.428
=151.7

* 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 Total Assets →
What does a Total Assets of $151.7 Mil mean?
The Real Good Food Co (RGFC) has a Total Assets of $151.7 Mil as of Sep. 2023. The total amount of assets as recorded on a company's balance sheet. View historical data on The Real Good Food Co and its competitors.
Is The Real Good Food Co's Total Assets too high?
The Real Good Food Co's current Total Assets is $151.7 Mil. 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 Total Assets compare to PLAG and NAII?
The Real Good Food Co's Total Assets of $151.7 Mil 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 Total Assets for a Consumer Packaged Goods company?
A good Total Assets depends on the Consumer Packaged Goods industry context. However, Total Assets 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 Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on The Real Good Food Co and its competitors. The Real Good Food Co's current Total Assets is $151.7 Mil. 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 Total Assets of $151.7 Mil. The current Total Assets is $151.7 Mil. 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 Total Assets calculated?
Total Assets is calculated from a company's financial statements. For The Real Good Food Co (RGFC), the current Total Assets is $151.7 Mil 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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Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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