Richards Historical Income Statement

RPI-UN Stock

CAD 28.95 0.41 1.40%

Historical analysis of Richards Packaging income statement accounts such as Operating Income of 32.1 M, Ebit of 31 M, EBITDA of 39.6 M or Cost Of Revenue of 239 M can show how well Richards Packaging Income performed in making a profits. Evaluating Richards Packaging income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Richards Packaging's future profits or losses.

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Financial Statement Analysis is much more than just reviewing and examining Richards Packaging Income latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Richards Packaging Income is a good buy for the upcoming year.

Net Income Gross Profit

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Richards Packaging Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

About Richards Income Statement Analysis

Richards Packaging Income Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Richards Packaging shareholders. The income statement also shows Richards investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Richards Packaging Income Statement Chart

At present, Richards Packaging's Income Before Tax is projected to increase significantly based on the last few years of reporting. The current year's Total Other Income Expense Net is expected to grow to about 3.3 M, whereas Depreciation And Amortization is forecasted to decline to about 8.6 M.

Depreciation And Amortization Total Revenue Gross Profit Other Operating Expenses Operating Income Selling General Administrative

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Total Revenue

Total revenue comprises all receipts Richards Packaging Income generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Richards Packaging Income minus its cost of goods sold. It is profit before Richards Packaging operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Richards Packaging Income. It is also known as Richards Packaging overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

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. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most accounts from Richards Packaging's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Richards Packaging Income current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Richards Packaging Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

	2021	2022	2023	2024 (projected)
Total Revenue	451.4M	446.9M	425.9M	287.9M
Depreciation And Amortization	12.4M	12.4M	11.6M	8.6M

Total Revenue Depreciation And Amortization

Richards Packaging income statement Correlations

	Depreciation And Amortization	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Interest Expense	Selling General Administrative	Net Income From Continuing Ops	Tax Provision	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.62	0.63	0.63	0.59	0.58	0.67	0.61	0.78	0.52	-0.28	0.49	0.48	0.62	0.76	0.5	0.68	-0.82	0.87
Total Revenue	0.62		0.98	1.0	0.97	0.97	0.97	1.0	0.86	0.8	-0.5	0.68	0.93	0.16	0.92	0.74	0.81	-0.77	0.85
Gross Profit	0.63	0.98		0.97	0.99	0.99	1.0	0.97	0.86	0.82	-0.53	0.7	0.94	0.19	0.9	0.76	0.89	-0.78	0.85
Other Operating Expenses	0.63	1.0	0.97		0.95	0.96	0.96	1.0	0.87	0.79	-0.48	0.67	0.92	0.17	0.93	0.73	0.79	-0.77	0.85
Operating Income	0.59	0.97	0.99	0.95		1.0	0.99	0.95	0.81	0.82	-0.52	0.7	0.94	0.12	0.85	0.78	0.89	-0.74	0.81
Ebit	0.58	0.97	0.99	0.96	1.0		0.99	0.96	0.81	0.81	-0.54	0.69	0.94	0.11	0.85	0.76	0.88	-0.74	0.81
Ebitda	0.67	0.97	1.0	0.96	0.99	0.99		0.96	0.84	0.81	-0.53	0.69	0.92	0.19	0.88	0.76	0.9	-0.79	0.86
Cost Of Revenue	0.61	1.0	0.97	1.0	0.95	0.96	0.96		0.86	0.79	-0.49	0.67	0.92	0.15	0.92	0.73	0.78	-0.76	0.84
Total Operating Expenses	0.78	0.86	0.86	0.87	0.81	0.81	0.84	0.86		0.74	-0.33	0.66	0.77	0.57	0.98	0.68	0.78	-0.88	0.92
Income Before Tax	0.52	0.8	0.82	0.79	0.82	0.81	0.81	0.79	0.74		0.0	0.98	0.85	0.41	0.78	0.95	0.78	-0.7	0.77
Total Other Income Expense Net	-0.28	-0.5	-0.53	-0.48	-0.52	-0.54	-0.53	-0.49	-0.33	0.0		0.2	-0.49	0.31	-0.36	0.13	-0.5	0.42	-0.36
Net Income	0.49	0.68	0.7	0.67	0.7	0.69	0.69	0.67	0.66	0.98	0.2		0.71	0.49	0.68	0.96	0.67	-0.6	0.7
Income Tax Expense	0.48	0.93	0.94	0.92	0.94	0.94	0.92	0.92	0.77	0.85	-0.49	0.71		0.13	0.84	0.71	0.87	-0.78	0.79
Interest Expense	0.62	0.16	0.19	0.17	0.12	0.11	0.19	0.15	0.57	0.41	0.31	0.49	0.13		0.47	0.37	0.32	-0.57	0.56
Selling General Administrative	0.76	0.92	0.9	0.93	0.85	0.85	0.88	0.92	0.98	0.78	-0.36	0.68	0.84	0.47		0.7	0.8	-0.89	0.93
Net Income From Continuing Ops	0.5	0.74	0.76	0.73	0.78	0.76	0.76	0.73	0.68	0.95	0.13	0.96	0.71	0.37	0.7		0.66	-0.53	0.68
Tax Provision	0.68	0.81	0.89	0.79	0.89	0.88	0.9	0.78	0.78	0.78	-0.5	0.67	0.87	0.32	0.8	0.66		-0.87	0.82
Net Interest Income	-0.82	-0.77	-0.78	-0.77	-0.74	-0.74	-0.79	-0.76	-0.88	-0.7	0.42	-0.6	-0.78	-0.57	-0.89	-0.53	-0.87		-0.94
Reconciled Depreciation	0.87	0.85	0.85	0.85	0.81	0.81	0.86	0.84	0.92	0.77	-0.36	0.7	0.79	0.56	0.93	0.68	0.82	-0.94

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Richards Packaging Account Relationship Matchups

Richards Packaging income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	9.8M	12.2M	12.4M	12.4M	11.6M	8.6M
Total Revenue	334.1M	489.2M	451.4M	446.9M	425.9M	287.9M
Gross Profit	57.5M	112.7M	88.4M	82.1M	78.1M	48.8M
Other Operating Expenses	290.1M	396.1M	384.5M	386.5M	370.2M	255.1M
Operating Income	44.1M	93.3M	63.6M	58.7M	55.7M	32.1M
Ebit	42.9M	90.4M	63.6M	57.2M	55.2M	31.0M
Ebitda	52.7M	102.6M	76.1M	69.6M	66.8M	39.6M
Cost Of Revenue	276.7M	376.5M	363.0M	364.8M	347.8M	239.0M
Total Operating Expenses	13.5M	19.5M	21.5M	21.7M	22.4M	16.1M
Income Before Tax	33.1M	73.1M	20.1M	59.4M	54.0M	56.7M
Total Other Income Expense Net	(11.0M)	(20.1M)	(43.5M)	628K	3.2M	3.3M
Net Income	21.7M	50.1M	2.1M	45.2M	38.9M	40.8M
Income Tax Expense	11.4M	23.0M	18.0M	14.2M	15.1M	15.9M
Interest Expense	2.2M	2.2M	2.2M	3.8M	4.5M	4.7M
Selling General Administrative	13.5M	19.5M	21.5M	21.7M	22.4M	16.1M
Net Income From Continuing Ops	21.7M	50.1M	2.1M	45.2M	38.9M	23.0M
Net Income Applicable To Common Shares	24.1M	21.7M	50.1M	2.1M	2.4M	2.3M
Tax Provision	11.4M	23.0M	18.0M	14.2M	15.1M	15.9M
Net Interest Income	(3.3M)	(5.1M)	(5.6M)	(4.2M)	(4.9M)	(5.1M)
Reconciled Depreciation	9.8M	12.2M	12.4M	12.4M	11.6M	10.2M

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 together with Richards Stock

0.68

ORE

Orezone Gold Corp

Pair Corr

Moving against Richards Stock

0.62	FFH-PC	Fairfax Fin Hld	Pair Corr
0.55	RY-PS	Royal Bank	Pair Corr
0.51	FFH-PH	Fairfax Financial	Pair Corr
0.39	TD-PFI	Toronto Dominion Bank	Pair Corr
0.37	BMO-PE	Bank of Montreal	Pair Corr

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.

Pair Correlation Correlation Matching

Other Information on Investing in Richards Stock

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Richards Historical Income Statement

About Richards Income Statement Analysis

Richards Packaging Income Statement Chart

Depreciation And Amortization

Total Revenue

Gross Profit

Other Operating Expenses

Operating Income

Richards Packaging income statement Correlations

Richards Packaging Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Richards Packaging income statement Accounts

Pair Trading with Richards Packaging

Moving together with Richards Stock

Moving against Richards Stock

Other Information on Investing in Richards Stock

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Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Ebitda	+ 1.0	Gross Profit
Cost Of Revenue	+ 1.0	Other Operating Expenses
Ebit	+ 1.0	Operating Income
Operating Income	+ 0.99	Gross Profit

Reconciled Depreciation	- 0.94	Net Interest Income
Net Interest Income	- 0.89	Selling General Administrative
Net Interest Income	- 0.88	Total Operating Expenses
Net Interest Income	- 0.87	Tax Provision
Net Interest Income	- 0.82	Depreciation And Amortization
Net Interest Income	- 0.79	Ebitda