Ranpak Net Tangible Assets vs Other Current Liab Analysis

PACK Stock  USD 7.79  0.06  0.76%   
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 Net Tangible Assets and its Other Current Liab 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.

Net Tangible Assets vs Other Current Liab

Net Tangible Assets vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ranpak Holdings Corp Net Tangible Assets account and Other Current Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between Ranpak Holdings' Net Tangible Assets and Other Current Liab is -0.75. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Other Current Liab 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' Net Tangible Assets and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Ranpak Holdings Corp are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Net Tangible Assets i.e., Ranpak Holdings' Net Tangible Assets and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.75
Relationship DirectionNegative 
Relationship StrengthWeak

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Other Current Liab

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 Expenses371.7M369M343.8M290.2M
Gross Profit148.9M99.6M123.3M130.8M

Ranpak Holdings fundamental ratios Correlations

0.990.870.950.99-0.760.98-0.830.881.00.080.60.890.880.930.980.930.970.980.990.391.00.440.940.910.7
0.990.860.940.96-0.681.0-0.830.860.99-0.060.60.820.860.870.980.870.980.991.00.340.990.320.930.890.65
0.870.860.920.84-0.750.85-0.610.770.870.080.30.80.770.810.790.820.80.810.880.550.860.340.80.70.49
0.950.940.920.93-0.650.91-0.780.960.940.010.490.80.960.840.940.840.940.950.950.280.950.30.970.930.66
0.990.960.840.93-0.80.94-0.830.880.990.210.610.930.880.960.960.960.950.960.960.410.990.550.930.90.74
-0.76-0.68-0.75-0.65-0.8-0.690.45-0.5-0.77-0.6-0.29-0.95-0.5-0.88-0.62-0.92-0.62-0.63-0.69-0.84-0.76-0.82-0.56-0.5-0.45
0.981.00.850.910.94-0.69-0.820.810.98-0.070.590.810.810.860.970.870.970.970.990.390.980.320.890.850.62
-0.83-0.83-0.61-0.78-0.830.45-0.82-0.79-0.82-0.01-0.92-0.69-0.79-0.8-0.9-0.73-0.85-0.87-0.820.02-0.83-0.3-0.83-0.83-0.9
0.880.860.770.960.88-0.50.81-0.790.860.010.530.711.00.770.910.760.90.910.870.040.880.260.990.980.72
1.00.990.870.940.99-0.770.98-0.820.860.10.60.90.860.930.970.930.970.980.990.421.00.450.920.890.69
0.08-0.060.080.010.21-0.6-0.07-0.010.010.10.090.520.010.42-0.030.44-0.04-0.04-0.050.490.10.9-0.01-0.030.29
0.60.60.30.490.61-0.290.59-0.920.530.60.090.520.530.640.70.550.630.650.57-0.150.610.30.570.60.87
0.890.820.80.80.93-0.950.81-0.690.710.90.520.520.710.980.80.990.790.810.820.630.890.780.760.710.69
0.880.860.770.960.88-0.50.81-0.791.00.860.010.530.710.770.910.760.90.910.870.040.880.260.990.980.72
0.930.870.810.840.96-0.880.86-0.80.770.930.420.640.980.770.870.980.850.870.870.510.930.710.820.780.79
0.980.980.790.940.96-0.620.97-0.90.910.97-0.030.70.80.910.870.860.991.00.980.210.980.320.960.940.75
0.930.870.820.840.96-0.920.87-0.730.760.930.440.550.990.760.980.860.860.860.870.590.930.730.810.760.7
0.970.980.80.940.95-0.620.97-0.850.90.97-0.040.630.790.90.850.990.860.990.970.240.970.330.950.930.69
0.980.990.810.950.96-0.630.97-0.870.910.98-0.040.650.810.910.871.00.860.990.980.240.980.320.960.940.71
0.991.00.880.950.96-0.690.99-0.820.870.99-0.050.570.820.870.870.980.870.970.980.370.990.320.930.890.64
0.390.340.550.280.41-0.840.390.020.040.420.49-0.150.630.040.510.210.590.240.240.370.390.620.120.03-0.06
1.00.990.860.950.99-0.760.98-0.830.881.00.10.610.890.880.930.980.930.970.980.990.390.450.940.910.7
0.440.320.340.30.55-0.820.32-0.30.260.450.90.30.780.260.710.320.730.330.320.320.620.450.280.270.5
0.940.930.80.970.93-0.560.89-0.830.990.92-0.010.570.760.990.820.960.810.950.960.930.120.940.280.990.71
0.910.890.70.930.9-0.50.85-0.830.980.89-0.030.60.710.980.780.940.760.930.940.890.030.910.270.990.73
0.70.650.490.660.74-0.450.62-0.90.720.690.290.870.690.720.790.750.70.690.710.64-0.060.70.50.710.73
Click cells to compare fundamentals

Ranpak Holdings Account Relationship Matchups

Ranpak Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets309.2M1.1B1.1B1.2B1.1B945.6M
Short Long Term Debt Total420.4M433.2M408.1M399M428.8M329.0M
Other Current Liab15.5M27.2M21.6M4.5M14.9M14.3M
Total Current Liabilities31.9M57.5M71.5M39.1M48M40.2M
Total Stockholder Equity531.8M522.9M636.2M612.8M572M497.7M
Net Tangible Assets(375.6M)(376.1M)(223.3M)(224.3M)(201.9M)(212.0M)
Net Debt400.7M384.7M304.2M336.2M366.8M281.9M
Retained Earnings(29.1M)(52.5M)(55.3M)(96.7M)(123.8M)(117.6M)
Cash19.7M48.5M103.9M62.8M62M47.1M
Non Current Assets Total1.0B1.0B1.0B993.9M997.8M845.4M
Non Currrent Assets Other3.1M2.9M29.4M42.7M36.4M48.2M
Other Assets3.1M4M100K25M28.8M30.2M
Long Term Debt418.8M432.7M400.4M391.7M397.8M398.6M
Cash And Short Term Investments19.7M48.5M103.9M62.8M62M47.1M
Common Stock Shares Outstanding70.8M72.4M78.5M81.9M82.4M73.6M
Liabilities And Stockholders Equity309.2M1.1B1.1B1.2B1.1B945.6M
Non Current Liabilities Total540.7M553.1M505.7M481.6M502.7M407.8M
Capital Surpluse3.6M557.5M564.7M688.9M792.2M399.3M
Other Stockholder Equity557.5M564.7M688.9M704.3M693.7M504.9M
Total Liab572.6M610.6M577.2M520.7M550.7M448.0M
Net Invested Capital952.2M956.1M1.0B1.0B971.4M820.0M
Short Long Term Debt4M1.6M500K1M1.3M1.2M
Total Current Assets71.4M107.2M191.5M139.6M124.9M100.2M
Net Working Capital39.5M49.7M120M100.5M76.9M60.1M
Short Term Debt1.6M500K6.4M6M11M11.6M
Other Liab117.3M110.7M98.6M85.9M98.8M106.9M
Current Deferred Revenue2.5M1.4M3.1M900K2M2.1M
Accounts Payable12.3M24.9M33.5M24.3M17.6M21.1M
Net Receivables37.6M39.2M46.4M35.1M32.5M30.1M
Good Will448.8M458.4M453M446.7M450.1M479.0M
Inventory11.6M16.1M32.9M25M17.3M21.0M
Other Current Assets2.5M3.4M8.3M16.7M13.1M8.1M
Accumulated Other Comprehensive Income3.4M10.7M2.6M5.2M2.1M2.2M
Intangible Assets458.6M440.6M406.5M372.1M345.4M308.9M
Property Plant Equipment122.5M124.4M132.9M130M149.5M128.2M

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When determining whether Ranpak Holdings Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Ranpak Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ranpak Holdings Corp Stock. Highlighted below are key reports to facilitate an investment decision about Ranpak Holdings Corp Stock:
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.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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.