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Richards Packagingome Fund (Richards Packagingome Fund) Equity-to-Asset : 0.59 (As of Mar. 2024)


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What is Richards Packagingome Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Richards Packagingome Fund's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $135.2 Mil. Richards Packagingome Fund's Total Assets for the quarter that ended in Mar. 2024 was $228.1 Mil. Therefore, Richards Packagingome Fund's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.59.

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

RPKIF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37   Med: 0.49   Max: 0.59
Current: 0.59

During the past 13 years, the highest Equity to Asset Ratio of Richards Packagingome Fund was 0.59. The lowest was 0.37. And the median was 0.49.

RPKIF's Equity-to-Asset is ranked better than
57.44% of 390 companies
in the Packaging & Containers industry
Industry Median: 0.55 vs RPKIF: 0.59

Richards Packagingome Fund Equity-to-Asset Historical Data

The historical data trend for Richards Packagingome Fund'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.

Richards Packagingome Fund Equity-to-Asset Chart

Richards Packagingome Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.46 0.37 0.46 0.57

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
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 0.48 0.51 0.54 0.57 0.59

Competitive Comparison of Richards Packagingome Fund's Equity-to-Asset

For the Packaging & Containers subindustry, Richards Packagingome Fund'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.


Richards Packagingome Fund's Equity-to-Asset Distribution in the Packaging & Containers Industry

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

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



Richards Packagingome Fund 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.

Richards Packagingome Fund'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
=134.278/237.182
=0.57

Richards Packagingome Fund's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=135.247/228.145
=0.59

* 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.


Richards Packagingome Fund  (OTCPK:RPKIF) 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%.


Richards Packagingome Fund Equity-to-Asset Related Terms

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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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