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Richards Packagingome Fund (Richards Packagingome Fund) Debt-to-EBITDA : 0.63 (As of Mar. 2024)


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What is Richards Packagingome Fund Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Richards Packagingome Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.0 Mil. Richards Packagingome Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $28.4 Mil. Richards Packagingome Fund's annualized EBITDA for the quarter that ended in Mar. 2024 was $45.1 Mil. Richards Packagingome Fund's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.63.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Richards Packagingome Fund's Debt-to-EBITDA or its related term are showing as below:

RPKIF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.57   Med: 1.32   Max: 2.83
Current: 0.57

During the past 13 years, the highest Debt-to-EBITDA Ratio of Richards Packagingome Fund was 2.83. The lowest was 0.57. And the median was 1.32.

RPKIF's Debt-to-EBITDA is ranked better than
84.1% of 327 companies
in the Packaging & Containers industry
Industry Median: 2.55 vs RPKIF: 0.57

Richards Packagingome Fund Debt-to-EBITDA Historical Data

The historical data trend for Richards Packagingome Fund's Debt-to-EBITDA 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.

Richards Packagingome Fund Debt-to-EBITDA Chart

Richards Packagingome Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.30 0.83 1.84 1.34 0.76

Richards Packagingome Fund Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-EBITDA 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 1.25 0.91 0.96 0.85 0.63

Competitive Comparison of Richards Packagingome Fund's Debt-to-EBITDA

For the Packaging & Containers subindustry, Richards Packagingome Fund's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.


Richards Packagingome Fund's Debt-to-EBITDA Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Richards Packagingome Fund's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Richards Packagingome Fund's Debt-to-EBITDA falls into.



Richards Packagingome Fund Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Richards Packagingome Fund's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4.984 + 34.651) / 52.256
=0.76

Richards Packagingome Fund's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 28.366) / 45.084
=0.63

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2024) EBITDA data.


Richards Packagingome Fund  (OTCPK:RPKIF) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Richards Packagingome Fund Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Richards Packagingome Fund's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Richards Packagingome Fund (Richards Packagingome Fund) Business Description

Traded in Other Exchanges
Address
6095 Ordan Drive, Mississauga, ON, CAN, L5T 2M7
Richards Packaging Income Fund is involved in packaging distribution businesses. The company principally distributes plastic and glass containers and associated closures. It is used in packaging for cosmetics, healthcare, food, beverage, and other products. Geographically, it derives a majority of its revenue from Canada.

Richards Packagingome Fund (Richards Packagingome Fund) Headlines

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