Ranpak Holdings Corp (PACK) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
7990 AUBURN ROAD CONCORD TOWNSHIP, OH 44077 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 267 - Converted Paper And Paperboard Products, Except (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2023 MRQ | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 62,800 | 103,900 | 48,500 | 19,700 | 2,891 | |||
| Cash and cash equivalents | 62,800 | 103,900 | 48,500 | 19,700 | 2,891 | |||
| Receivables | 35,100 | 46,400 | 39,200 | 36,100 | ||||
| Inventory, net of allowances, customer advances and progress billings | 25,000 | 32,900 | 16,100 | 11,600 | ||||
| Inventory | 25,000 | 32,900 | 16,100 | 11,600 | ||||
| Prepaid expense | 224 | |||||||
| Other undisclosed current assets | 16,700 | 8,300 | 3,400 | 4,000 | ||||
| Total current assets: | 139,600 | 191,500 | 107,200 | 71,400 | 3,115 | |||
| Noncurrent Assets | ||||||||
| Operating lease, right-of-use asset | 6,000 | 6,600 | ✕ | |||||
| Property, plant and equipment | 124,000 | 126,300 | 124,400 | 122,500 | ||||
| Intangible assets, net (including goodwill) | 818,800 | 859,500 | 899,000 | 907,400 | ||||
| Goodwill | 446,700 | 453,000 | 458,400 | 448,800 | ||||
| Intangible assets, net (excluding goodwill) | 372,100 | 406,500 | 440,600 | 458,600 | ||||
| Asset, held-in-trust | 305,118 | |||||||
| Deferred income tax assets | 600 | 100 | ✕ | |||||
| Other noncurrent assets | 44,500 | 29,400 | 2,900 | 3,100 | ||||
| Other undisclosed noncurrent assets | 1,000 | |||||||
| Total noncurrent assets: | 993,900 | 1,021,900 | 1,026,300 | 1,033,000 | 306,118 | |||
| TOTAL ASSETS: | 1,133,500 | 1,213,400 | 1,133,500 | 1,104,400 | 309,234 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities, including: | 34,900 | 61,200 | 42,800 | 27,800 | 2,737 | |||
| Interest and dividends payable | ✕ | ✕ | 1,700 | 1,900 | ||||
| Taxes payable | ✕ | ✕ | 6,900 | 3,500 | ||||
| Employee-related liabilities | ✕ | ✕ | 11,600 | 8,600 | ||||
| Accounts payable | 24,300 | 33,500 | 24,900 | 12,300 | ||||
| Accrued liabilities | 10,600 | 7,500 | 3,900 | 15,500 | ||||
| Other undisclosed accounts payable and accrued liabilities | 2,737 | |||||||
| Deferred revenue | 900 | 3,100 | 1,400 | 2,500 | ✕ | |||
| Debt | 1,300 | 1,000 | 500 | 1,600 | 4,000 | |||
| Other undisclosed current liabilities | 2,000 | 6,200 | 12,800 | |||||
| Total current liabilities: | 39,100 | 71,500 | 57,500 | 31,900 | 6,737 | |||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 391,700 | 404,700 | 442,300 | 418,800 | ||||
| Long-term debt, excluding current maturities | 391,700 | 400,400 | 432,700 | 418,800 | ||||
| Finance lease, liability | 9,600 | ✕ | ||||||
| Liabilities, other than long-term debt | 89,900 | 101,000 | 110,800 | 117,300 | 10,500 | |||
| Deferred compensation liability, classified | 10,500 | |||||||
| Deferred income tax liabilities | 80,800 | 97,700 | 109,600 | 115,000 | ✕ | |||
| Other liabilities | 1,400 | 900 | 1,200 | 2,300 | ||||
| Operating lease, liability | 4,000 | 4,300 | ✕ | |||||
| Derivative instruments and hedges, liabilities | 3,700 | 2,400 | ||||||
| Other undisclosed noncurrent liabilities | 4,600 | 800 | ||||||
| Total noncurrent liabilities: | 481,600 | 505,700 | 553,100 | 540,700 | 11,300 | |||
| Total liabilities: | 520,700 | 577,200 | 610,600 | 572,600 | 18,037 | |||
| Temporary equity, carrying amount | 286,196 | |||||||
| Equity | ||||||||
| Equity, attributable to parent, including: | 612,800 | 636,200 | 522,900 | 531,800 | 5,000 | |||
| Additional paid in capital | 704,300 | 688,900 | 564,700 | 557,500 | 3,621 | |||
| Accumulated other comprehensive income | 5,200 | 2,600 | 10,700 | 3,400 | ||||
| Retained earnings (accumulated deficit) | (96,700) | (55,300) | (52,500) | (29,100) | 1,378 | |||
| Other undisclosed equity, attributable to parent | 1 | |||||||
| Total equity: | 612,800 | 636,200 | 522,900 | 531,800 | 5,000 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,133,500 | 1,213,400 | 1,133,500 | 1,104,400 | 309,234 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 326,500 | 383,900 | 298,200 | ||||
| Cost of revenue | (226,900) | (235,000) | (175,600) | ||||
| Gross profit: | 99,600 | 148,900 | 122,600 | ||||
| Operating expenses | (137,600) | (133,300) | (106,200) | (3,732) | |||
| Other operating expense, net | (4,500) | (3,400) | (4,700) | ||||
| Other undisclosed operating income | |||||||
| Operating income (loss): | (42,500) | 12,200 | 11,700 | (3,732) | |||
| Nonoperating income (expense) | 6,500 | 5,300 | (6,100) | 5,118 | |||
| Investment income, nonoperating | 5,118 | ||||||
| Gain (loss), foreign currency transaction, before tax | 2,200 | 5,300 | (6,100) | ||||
| Other nonoperating income | 4,300 | ||||||
| Interest and debt expense | (20,700) | (22,400) | (30,200) | ||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (56,700) | (4,900) | (24,600) | 1,387 | |||
| Other undisclosed loss from continuing operations before income taxes | |||||||
| Income (loss) from continuing operations before income taxes: | (56,700) | (4,900) | (24,600) | 1,387 | |||
| Income tax benefit | 15,300 | 2,100 | 1,200 | ||||
| Income (loss) from continuing operations: | (41,400) | (2,800) | (23,400) | 1,387 | |||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | (2,800) | (23,400) | 1,387 | ||
| Net income (loss) attributable to parent: | (41,400) | (2,800) | (23,400) | 1,387 | |||
| Other undisclosed net income available to common stockholders, basic | |||||||
| Net income (loss) available to common stockholders, diluted: | (41,400) | (2,800) | (23,400) | 1,387 | |||
Comprehensive Income ($ in thousands)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | (41,400) | (2,800) | (23,400) | 1,387 | |||
| Other comprehensive income | 5,200 | 2,600 | 10,700 | ||||
| Comprehensive income (loss): | (36,200) | (200) | (12,700) | 1,387 | |||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (2,600) | (10,700) | (3,400) | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | (38,800) | (10,900) | (16,100) | 1,387 | |||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.