Ranpak Holdings Corp. (PACK)

Ranpak Holdings Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	49.9	76.1	62	62.8	103.9	48.5
Trading Asset Securities	-	-	3.2	6.3	-	-
Cash & Short-Term Investments	49.9	76.1	65.2	69.1	103.9	48.5
Cash Growth	-28.20%	16.72%	-5.64%	-33.49%	114.23%	146.19%
Accounts Receivable	47.4	43.9	31.6	33	43.7	39.1
Other Receivables	10	1.8	0.9	2.1	2.7	0.1
Receivables	57.4	45.7	32.5	35.1	46.4	39.2
Inventory	36	21.7	17.3	25	32.9	16.1
Prepaid Expenses	3.4	7.5	9.6	10.1	8.3	3.4
Other Current Assets	-	0.2	0.3	0.3	-	-
Total Current Assets	146.7	151.2	124.9	139.6	191.5	107.2
Property, Plant & Equipment	167.5	158.5	165.8	130	132.9	124.4
Long-Term Investments	-	-	-	1.8	-	-
Goodwill	457	443.7	450.1	446.7	453	458.4
Other Intangible Assets	298.9	328.9	364.6	390.4	406.5	440.6
Long-Term Deferred Tax Assets	0.1	0.1	0.1	0.6	0.1	-
Long-Term Deferred Charges	-	0.9	0.4	0.2	5.9	-
Other Long-Term Assets	48.8	20.9	16.8	24.2	23.5	2.9
Total Assets	1,130	1,104	1,123	1,134	1,213	1,134
Accounts Payable	34.6	26.9	17.6	24.3	33.5	24.9
Accrued Expenses	14.3	16.1	14.7	5.5	17.9	11.7
Current Portion of Long-Term Debt	4.3	4	1.6	0.6	4.2	5.1
Current Portion of Leases	5.5	5.6	4.7	2.7	3	-
Current Income Taxes Payable	5.1	7.9	2.5	3.4	6.9	3.5
Current Unearned Revenue	8.9	3.4	2	0.9	3.1	1.4
Other Current Liabilities	5.5	4.5	4.9	1.7	2.9	10.9
Total Current Liabilities	78.2	68.4	48	39.1	71.5	57.5
Long-Term Debt	395.4	398.1	396.8	390.9	401.9	442.3
Long-Term Leases	26.9	23.5	25.7	4.8	5.2	-
Long-Term Deferred Tax Liabilities	57.4	62	71.6	80.8	97.7	109.6
Other Long-Term Liabilities	33.9	4.1	8.6	5.1	0.9	1.2
Total Liabilities	591.8	556.1	550.7	520.7	577.2	610.6
Additional Paid-In Capital	718.8	699.6	693.7	704.3	688.9	564.7
Retained Earnings	-174.1	-145.3	-123.8	-96.7	-55.3	-52.5
Comprehensive Income & Other	-6.9	-6.2	2.1	5.2	2.6	10.7
Shareholders' Equity	537.8	548.1	572	612.8	636.2	522.9
Total Liabilities & Equity	1,130	1,104	1,123	1,134	1,213	1,134
Total Debt	432.1	431.2	428.8	399	414.3	447.4
Net Cash (Debt)	-382.2	-355.1	-363.6	-329.9	-310.4	-398.9
Net Cash Per Share	-4.56	-4.28	-4.41	-4.03	-3.95	-5.51
Filing Date Shares Outstanding	84.38	83.61	82.62	82.39	81.41	75.56
Total Common Shares Outstanding	84.37	83.27	82.61	82.01	81.4	75.52
Working Capital	68.5	82.8	76.9	100.5	120	49.7
Book Value Per Share	6.37	6.58	6.92	7.47	7.82	6.92
Tangible Book Value	-218.1	-224.5	-242.7	-224.3	-223.3	-376.1
Tangible Book Value Per Share	-2.59	-2.70	-2.94	-2.74	-2.74	-4.98
Land	2.4	2.4	2.4	4	4.1	4.2
Buildings	12.8	12.5	12.3	12.9	9.2	8.7
Machinery	313.6	280.3	264.3	228.3	199.1	159.8
Leasehold Improvements	22.8	20.7	20.7	0.4	-	-

Updated Oct 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q