Ranpak Income Before Tax vs Net Income Analysis
PACK Stock | USD 8.04 0.04 0.50% |
Ranpak Holdings financial indicator trend analysis is much more than just breaking down Ranpak Holdings Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ranpak Holdings Corp is a good investment. Please check the relationship between Ranpak Holdings Income Before Tax and its Net Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ranpak Holdings Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Income Before Tax vs Net Income
Income Before Tax vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ranpak Holdings Corp Income Before Tax account and Net Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ranpak Holdings' Income Before Tax and Net Income is 0.76. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Income in the same time period over historical financial statements of Ranpak Holdings Corp, assuming nothing else is changed. The correlation between historical values of Ranpak Holdings' Income Before Tax and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Ranpak Holdings Corp are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Income Before Tax i.e., Ranpak Holdings' Income Before Tax and Net Income go up and down completely randomly.
Correlation Coefficient | 0.76 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Ranpak Holdings income statement and is an important metric when analyzing Ranpak Holdings Corp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Ranpak Holdings Corp financial statement analysis. It represents the amount of money remaining after all of Ranpak Holdings Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from Ranpak Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ranpak Holdings Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ranpak Holdings Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. Enterprise Value is expected to rise to about 1.6 B this year, although the value of Tax Provision will most likely fall to (4.4 M).
2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 371.7M | 369M | 343.8M | 290.2M | Gross Profit | 148.9M | 99.6M | 123.3M | 130.8M |
Ranpak Holdings fundamental ratios Correlations
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Ranpak Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ranpak Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 309.2M | 1.1B | 1.1B | 1.2B | 1.1B | 945.6M | |
Short Long Term Debt Total | 420.4M | 433.2M | 408.1M | 399M | 428.8M | 329.0M | |
Other Current Liab | 15.5M | 27.2M | 21.6M | 4.5M | 14.9M | 14.3M | |
Total Current Liabilities | 31.9M | 57.5M | 71.5M | 39.1M | 48M | 40.2M | |
Total Stockholder Equity | 531.8M | 522.9M | 636.2M | 612.8M | 572M | 497.7M | |
Net Tangible Assets | (375.6M) | (376.1M) | (223.3M) | (224.3M) | (201.9M) | (212.0M) | |
Net Debt | 400.7M | 384.7M | 304.2M | 336.2M | 366.8M | 281.9M | |
Retained Earnings | (29.1M) | (52.5M) | (55.3M) | (96.7M) | (123.8M) | (117.6M) | |
Cash | 19.7M | 48.5M | 103.9M | 62.8M | 62M | 47.1M | |
Non Current Assets Total | 1.0B | 1.0B | 1.0B | 993.9M | 997.8M | 845.4M | |
Non Currrent Assets Other | 3.1M | 2.9M | 29.4M | 42.7M | 36.4M | 48.2M | |
Other Assets | 3.1M | 4M | 100K | 25M | 28.8M | 30.2M | |
Long Term Debt | 418.8M | 432.7M | 400.4M | 391.7M | 397.8M | 398.6M | |
Cash And Short Term Investments | 19.7M | 48.5M | 103.9M | 62.8M | 62M | 47.1M | |
Common Stock Shares Outstanding | 70.8M | 72.4M | 78.5M | 81.9M | 82.4M | 73.6M | |
Liabilities And Stockholders Equity | 309.2M | 1.1B | 1.1B | 1.2B | 1.1B | 945.6M | |
Non Current Liabilities Total | 540.7M | 553.1M | 505.7M | 481.6M | 502.7M | 407.8M | |
Capital Surpluse | 3.6M | 557.5M | 564.7M | 688.9M | 792.2M | 399.3M | |
Other Stockholder Equity | 557.5M | 564.7M | 688.9M | 704.3M | 693.7M | 504.9M | |
Total Liab | 572.6M | 610.6M | 577.2M | 520.7M | 550.7M | 448.0M | |
Net Invested Capital | 952.2M | 956.1M | 1.0B | 1.0B | 971.4M | 820.0M | |
Short Long Term Debt | 4M | 1.6M | 500K | 1M | 1.3M | 1.2M | |
Total Current Assets | 71.4M | 107.2M | 191.5M | 139.6M | 124.9M | 100.2M | |
Net Working Capital | 39.5M | 49.7M | 120M | 100.5M | 76.9M | 60.1M | |
Short Term Debt | 1.6M | 500K | 6.4M | 6M | 11M | 11.6M | |
Other Liab | 117.3M | 110.7M | 98.6M | 85.9M | 98.8M | 106.9M | |
Current Deferred Revenue | 2.5M | 1.4M | 3.1M | 900K | 2M | 2.1M | |
Accounts Payable | 12.3M | 24.9M | 33.5M | 24.3M | 17.6M | 21.1M | |
Net Receivables | 37.6M | 39.2M | 46.4M | 35.1M | 32.5M | 30.1M | |
Good Will | 448.8M | 458.4M | 453M | 446.7M | 450.1M | 479.0M | |
Inventory | 11.6M | 16.1M | 32.9M | 25M | 17.3M | 21.0M | |
Other Current Assets | 2.5M | 3.4M | 8.3M | 16.7M | 13.1M | 8.1M | |
Accumulated Other Comprehensive Income | 3.4M | 10.7M | 2.6M | 5.2M | 2.1M | 2.2M | |
Intangible Assets | 458.6M | 440.6M | 406.5M | 372.1M | 345.4M | 308.9M | |
Property Plant Equipment | 122.5M | 124.4M | 132.9M | 130M | 149.5M | 128.2M |
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Is Paper & Plastic Packaging Products & Materials space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ranpak Holdings. If investors know Ranpak will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ranpak Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.24) | Revenue Per Share 4.274 | Quarterly Revenue Growth 0.114 | Return On Assets (0.01) | Return On Equity (0.04) |
The market value of Ranpak Holdings Corp is measured differently than its book value, which is the value of Ranpak that is recorded on the company's balance sheet. Investors also form their own opinion of Ranpak Holdings' value that differs from its market value or its book value, called intrinsic value, which is Ranpak Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ranpak Holdings' market value can be influenced by many factors that don't directly affect Ranpak Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ranpak Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ranpak Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ranpak Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.