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Ranpak Holdings (Ranpak Holdings) Equity-to-Asset : 0.51 (As of Dec. 2023)


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What is Ranpak Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ranpak Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $572.0 Mil. Ranpak Holdings's Total Assets for the quarter that ended in Dec. 2023 was $1,122.7 Mil. Therefore, Ranpak Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.51.

The historical rank and industry rank for Ranpak Holdings's Equity-to-Asset or its related term are showing as below:

PACK' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.06   Med: 0.48   Max: 0.54
Current: 0.51

During the past 7 years, the highest Equity to Asset Ratio of Ranpak Holdings was 0.54. The lowest was 0.06. And the median was 0.48.

PACK's Equity-to-Asset is ranked worse than
56.15% of 390 companies
in the Packaging & Containers industry
Industry Median: 0.555 vs PACK: 0.51

Ranpak Holdings Equity-to-Asset Historical Data

The historical data trend for Ranpak Holdings's Equity-to-Asset 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.

* Premium members only.

Ranpak Holdings Equity-to-Asset Chart

Ranpak Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.48 0.46 0.52 0.54 0.51

Ranpak Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.54 0.53 0.52 0.52 0.51

Competitive Comparison of Ranpak Holdings's Equity-to-Asset

For the Packaging & Containers subindustry, Ranpak Holdings's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ranpak Holdings's Equity-to-Asset Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Ranpak Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Ranpak Holdings's Equity-to-Asset falls into.



Ranpak Holdings Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Ranpak Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=572/1122.7
=0.51

Ranpak Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=572/1122.7
=0.51

* 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.


Ranpak Holdings  (NYSE:PACK) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Ranpak Holdings Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Ranpak Holdings's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Ranpak Holdings (Ranpak Holdings) Business Description

Traded in Other Exchanges
Address
7990 Auburn Road, Concord Township, OH, USA, 44077
Ranpak Holdings Corp is a provider of environmentally sustainable, systems-based, product protection solutions for e-Commerce and industrial supply chains. The company offers a full suite of protective packaging systems and paper consumables. Geographically, it derives a majority of revenue from Europe/Asia.
Executives
Mark A. Siebert officer: MD, North America 7990 AUBURN ROAD, CONCORD TOWNSHIP OH 44077
Alicia M. Tranen director ONE MADISON CORP., 3 EAST 28TH STREET, 8TH FLOOR, NEW YORK NY 10016
Eric Laurensse officer: Managing Director, Europe ONE MADISON CORP., 3 EAST 28TH STREET, 8TH FLOOR, NEW YORK NY 10016
Antonio Grassotti officer: Managing Director, APAC ONE MADISON CORP., 3 EAST 28TH STREET, 8TH FLOOR, NEW YORK NY 10016
Kurt Zumwalt director 201 ELLIOTT AVENUE WEST, SEATTLE WA 98119
Salil Seshadri director ONE MADISON CORP., 3 EAST 28TH STREET, 8TH FLOOR, NEW YORK NY 10016
Omar Asali director, officer: Chairman and CEO GOLDMAN SACHS HEDGE FUND STRATEGIES LLC, 32 OLD SLIP, 9TH FLOOR, NEW YORK NY 10005
William Drew officer: Secretary 3 EAST 28TH STREET, 8TH FLOOR, NEW YORK NY 10016
Michael Anthony Jones director 1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
Pamela K. El director C/O RANPAK HOLDINGS CORP., 7990 AUBURN ROAD, CONCORD TOWNSHIP OH 44077
Thomas F. Corley director C/O KRAFT FOODS GROUP, INC., THREE LAKES DRIVE, NORTHFIELD IL 60093
Steve A. Kovach director ONE MADISON CORP., 3 EAST 28TH STREET, 8TH FLOOR, NEW YORK NY 10016
Js Capital Management Llc 10 percent owner 888 SEVENTH AVENUE, 40TH FLOOR, NEW YORK NY 10106
Soros Jonathan T Allan 10 percent owner C/O JS CAPITAL MANAGEMENT LLC, 888 SEVENTH AVENUE, FLOOR 40, NEW YORK NY 10106
Trent Meyerhoefer officer: Chief Financial Officer ONE MADISON CORP., 3 EAST 28TH STREET, 8TH FLOOR, NEW YORK NY 10016