Richards Packaging Income Stock Today

RPI-UN Stock  CAD 29.81  0.04  0.13%   

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Richards Packaging is trading at 29.81 as of the 1st of December 2024, a 0.13 percent decrease since the beginning of the trading day. The stock's open price was 29.85. Richards Packaging has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Richards Packaging Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of September 2024 and ending today, the 1st of December 2024. Click here to learn more.
Business Domain
Materials
Category
Consumer Cyclical
Richards Packaging Income Fund, together with its subsidiaries, manufactures and distributes packaging products in Canada and the United States. The company was founded in 1912 and is headquartered in Mississauga, Canada. RICHARDS PACKAGING operates under Packaging Containers classification in Canada and is traded on Toronto Stock Exchange. The company has 10.96 M outstanding shares of which 8.85 K shares are at this time shorted by private and institutional investors with about 1.5 days to cover all short positions. More on Richards Packaging Income

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Richards Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Richards Packaging's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Richards Packaging or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President PackagingTimothy McKernan
Business ConcentrationPaper & Plastic Packaging Products & Materials, Packaging & Containers, Consumer Cyclical, Materials, Containers & Packaging, Packaging & Containers, Consumer Cyclical (View all Sectors)
Richards Packaging's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Richards Packaging's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Richards Packaging can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Richards Packaging's financial leverage. It provides some insight into what part of Richards Packaging's total assets is financed by creditors.
Liquidity
Richards Packaging cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Richards Packaging Income has accumulated 53.17 M in total debt with debt to equity ratio (D/E) of 81.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Richards Packaging Income has a current ratio of 1.33, which is within standard range for the sector. Debt can assist Richards Packaging until it has trouble settling it off, either with new capital or with free cash flow. So, Richards Packaging's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Richards Packaging Income sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Richards to invest in growth at high rates of return. When we think about Richards Packaging's use of debt, we should always consider it together with cash and equity.

Change In Cash

2.54 Million
Richards Packaging Income (RPI-UN) is traded on Toronto Exchange in Canada and employs 4 people. Richards Packaging is listed under Paper & Plastic Packaging Products & Materials category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 327.01 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Richards Packaging's market, we take the total number of its shares issued and multiply it by Richards Packaging's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Richards Packaging Income operates under Containers & Packaging sector and is part of Materials industry. The entity has 10.96 M outstanding shares of which 8.85 K shares are at this time shorted by private and institutional investors with about 1.5 days to cover all short positions. Richards Packaging Income has accumulated about 2.35 M in cash with 83.19 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.22.
Check Richards Packaging Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Richards Packaging Income is C$327.01 Million. Richards Packaging has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note, that even with substantial debt, if the true value of the company is larger than the current market value, you may still be able to generate positive returns on investment in this company at some point.
Check Richards Ownership Details

Richards Packaging Income Risk Profiles

Although Richards Packaging's alpha and beta are two of the key measurements used to evaluate Richards Packaging's performance over the market, the standard measures of volatility play an important role as well.

Richards Stock Against Markets

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Richards Packaging Corporate Executives

Elected by the shareholders, the Richards Packaging's board of directors comprises two types of representatives: Richards Packaging inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Richards. The board's role is to monitor Richards Packaging's management team and ensure that shareholders' interests are well served. Richards Packaging's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Richards Packaging's outside directors are responsible for providing unbiased perspectives on the board's policies.

Other Information on Investing in Richards Stock

Richards Packaging financial ratios help investors to determine whether Richards Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Richards with respect to the benefits of owning Richards Packaging security.