Real Good Food Balance Sheet Health
Financial Health criteria checks 1/6
Real Good Food has a total shareholder equity of £17.5M and total debt of £27.5M, which brings its debt-to-equity ratio to 157.4%. Its total assets and total liabilities are £57.8M and £40.3M respectively.
Key information
157.4%
Debt to equity ratio
UK£27.50m
Debt
Interest coverage ratio | n/a |
Cash | UK£2.65m |
Equity | UK£17.47m |
Total liabilities | UK£40.32m |
Total assets | UK£57.79m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RLGD.F's short term assets (£15.5M) exceed its short term liabilities (£10.5M).
Long Term Liabilities: RLGD.F's short term assets (£15.5M) do not cover its long term liabilities (£29.8M).
Debt to Equity History and Analysis
Debt Level: RLGD.F's net debt to equity ratio (142.3%) is considered high.
Reducing Debt: RLGD.F's debt to equity ratio has increased from 15% to 157.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: RLGD.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: RLGD.F has less than a year of cash runway if free cash flow continues to grow at historical rates of 23.8% each year.