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Ranpak Holdings (Ranpak Holdings) Debt-to-EBITDA : 6.27 (As of Dec. 2023)


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What is Ranpak Holdings Debt-to-EBITDA?

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

Ranpak Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $6.3 Mil. Ranpak Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $422.5 Mil. Ranpak Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was $68.4 Mil. Ranpak Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 6.27.

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 Ranpak Holdings's Debt-to-EBITDA or its related term are showing as below:

PACK' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0   Med: 6.27   Max: 8.18
Current: 8.05

During the past 7 years, the highest Debt-to-EBITDA Ratio of Ranpak Holdings was 8.18. The lowest was 0.00. And the median was 6.27.

PACK's Debt-to-EBITDA is ranked worse than
84.71% of 327 companies
in the Packaging & Containers industry
Industry Median: 2.55 vs PACK: 8.05

Ranpak Holdings Debt-to-EBITDA Historical Data

The historical data trend for Ranpak Holdings'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.

Ranpak Holdings Debt-to-EBITDA Chart

Ranpak Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 6.60 5.74 3.59 7.78 8.18

Ranpak Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 15.35 10.15 8.57 7.64 6.27

Competitive Comparison of Ranpak Holdings's Debt-to-EBITDA

For the Packaging & Containers subindustry, Ranpak Holdings'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.


Ranpak Holdings's Debt-to-EBITDA Distribution in the Packaging & Containers Industry

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

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



Ranpak Holdings Debt-to-EBITDA Calculation

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

Ranpak Holdings'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
=(6.3 + 422.5) / 52.4
=8.18

Ranpak Holdings's annualized Debt-to-EBITDA for the quarter 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
=(6.3 + 422.5) / 68.4
=6.27

* 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 (Dec. 2023) EBITDA data.


Ranpak Holdings  (NYSE:PACK) 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.


Ranpak Holdings Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Ranpak Holdings's Debt-to-EBITDA 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