Ranpak Holdings Corp. (PACK)

Ranpak Holdings Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	69.5	62	62.8	103.9	48.5	19.7
Trading Asset Securities	-	3.2	6.3	-	-	-
Cash & Short-Term Investments	69.5	65.2	69.1	103.9	48.5	19.7
Cash Growth	21.50%	-5.64%	-33.49%	114.23%	146.19%	12.57%
Accounts Receivable	40.2	31.6	33	43.7	39.1	36.1
Other Receivables	11.1	0.9	2.1	2.7	0.1	1.5
Receivables	51.3	32.5	35.1	46.4	39.2	37.6
Inventory	22.5	17.3	25	32.9	16.1	11.6
Prepaid Expenses	9.7	9.6	10.1	8.3	3.4	2.5
Other Current Assets	-	0.3	0.3	-	-	-
Total Current Assets	153	124.9	139.6	191.5	107.2	71.4
Property, Plant & Equipment	166.1	165.8	130	132.9	124.4	122.5
Long-Term Investments	-	-	1.8	-	-	-
Goodwill	451.3	450.1	446.7	453	458.4	448.8
Other Intangible Assets	324.4	364.6	390.4	406.5	440.6	458.6
Long-Term Deferred Tax Assets	0.1	0.1	0.6	0.1	-	-
Long-Term Deferred Charges	-	0.4	0.2	5.9	-	-
Other Long-Term Assets	38.4	16.8	24.2	23.5	2.9	3.1
Total Assets	1,133	1,123	1,134	1,213	1,134	1,104
Accounts Payable	24.4	17.6	24.3	33.5	24.9	12.3
Accrued Expenses	18.2	14.7	5.5	17.9	11.7	10.7
Current Portion of Long-Term Debt	1.1	1.6	0.6	4.2	5.1	2
Current Portion of Leases	5.6	4.7	2.7	3	-	-
Current Income Taxes Payable	7.1	2.5	3.4	6.9	3.5	2.4
Current Unearned Revenue	4.8	2	0.9	3.1	1.4	2.5
Other Current Liabilities	3.6	4.9	1.7	2.9	10.9	2
Total Current Liabilities	64.8	48	39.1	71.5	57.5	31.9
Long-Term Debt	397.9	396.8	390.9	401.9	442.3	423.4
Long-Term Leases	24.9	25.7	4.8	5.2	-	-
Long-Term Deferred Tax Liabilities	71.2	71.6	80.8	97.7	109.6	115
Other Long-Term Liabilities	10.2	8.6	5.1	0.9	1.2	2.3
Total Liabilities	569	550.7	520.7	577.2	610.6	572.6
Additional Paid-In Capital	697.9	693.7	704.3	688.9	564.7	557.5
Retained Earnings	-134.5	-123.8	-96.7	-55.3	-52.5	-29.1
Comprehensive Income & Other	0.9	2.1	5.2	2.6	10.7	3.4
Shareholders' Equity	564.3	572	612.8	636.2	522.9	531.8
Total Liabilities & Equity	1,133	1,123	1,134	1,213	1,134	1,104
Total Debt	429.5	428.8	399	414.3	447.4	425.4
Net Cash (Debt)	-360	-363.6	-329.9	-310.4	-398.9	-405.7
Net Cash Per Share	-4.34	-4.41	-4.03	-3.95	-5.51	-7.32
Filing Date Shares Outstanding	83.26	82.62	82.39	81.41	75.56	70.86
Total Common Shares Outstanding	83.23	82.61	82.01	81.4	75.52	70.81
Working Capital	88.2	76.9	100.5	120	49.7	39.5
Book Value Per Share	6.78	6.92	7.47	7.82	6.92	7.51
Tangible Book Value	-211.4	-242.7	-224.3	-223.3	-376.1	-375.6
Tangible Book Value Per Share	-2.54	-2.94	-2.74	-2.74	-4.98	-5.30
Land	2.4	2.4	4	4.1	4.2	4.1
Buildings	12.4	12.3	12.9	9.2	8.7	8.1
Machinery	285.7	264.3	228.3	199.1	159.8	118.3
Leasehold Improvements	21.8	20.7	0.4	-	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.