Richards Operating Income from 2010 to 2026
| RPI-UN Stock | CAD 30.25 0.03 0.1% |
Operating Income | First Reported 2006-03-31 | Previous Quarter 10.9 M | Current Value 11.4 M | Quarterly Volatility 5.9 M |
Check Richards Packaging financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Richards Packaging's main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.9 M, Total Revenue of 295.5 M or Gross Profit of 50.6 M, as well as many indicators such as Price To Sales Ratio of 0.68, Dividend Yield of 0.085 or PTB Ratio of 1.76. Richards financial statements analysis is a perfect complement when working with Richards Packaging Valuation or Volatility modules.
Richards | Operating Income |
Latest Richards Packaging's Operating Income Growth Pattern
Below is the plot of the Operating Income of Richards Packaging Income over the last few years. Operating Income is the amount of profit realized from Richards Packaging Income operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Richards Packaging Income is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Richards Packaging's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Richards Packaging's overall financial position and show how it may be relating to other accounts over time.
| Operating Income | 10 Years Trend |
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Operating Income |
| Timeline |
Richards Operating Income Regression Statistics
| Arithmetic Mean | 38,322,355 | |
| Geometric Mean | 29,929,778 | |
| Coefficient Of Variation | 61.36 | |
| Mean Deviation | 18,892,283 | |
| Median | 37,165,000 | |
| Standard Deviation | 23,515,004 | |
| Sample Variance | 553T | |
| Range | 89.9M | |
| R-Value | 0.74 | |
| Mean Square Error | 263.7T | |
| R-Squared | 0.55 | |
| Significance | 0.0006 | |
| Slope | 3,462,652 | |
| Total Sum of Squares | 8847.3T |
Richards Operating Income History
About Richards Packaging Financial Statements
Richards Packaging stakeholders use historical fundamental indicators, such as Richards Packaging's Operating Income, to determine how well the company is positioned to perform in the future. Although Richards Packaging investors may analyze each financial statement separately, they are all interrelated. For example, changes in Richards Packaging's assets and liabilities are reflected in the revenues and expenses on Richards Packaging's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Richards Packaging Income. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Operating Income | 58.3 M | 33.2 M |
Pair Trading with Richards Packaging
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Richards Packaging position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Richards Packaging will appreciate offsetting losses from the drop in the long position's value.Moving against Richards Stock
| 0.72 | GOOG | Alphabet CDR | PairCorr |
| 0.72 | GOOG | Alphabet CDR | PairCorr |
| 0.7 | AAPL | Apple Inc CDR | PairCorr |
| 0.7 | AAPL | Apple CDR | PairCorr |
| 0.58 | FDR | Flinders Resources | PairCorr |
The ability to find closely correlated positions to Richards Packaging could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Richards Packaging when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Richards Packaging - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Richards Packaging Income to buy it.
The correlation of Richards Packaging is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Richards Packaging moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Richards Packaging Income moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Richards Packaging can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Richards Stock
Richards Packaging financial ratios help investors to determine whether Richards Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Richards with respect to the benefits of owning Richards Packaging security.