Richards Payout Ratio vs Interest Coverage Analysis

RPI-UN Stock

CAD 29.81 0.04 0.13%

Richards Packaging financial indicator trend analysis is much more than just breaking down Richards Packaging Income prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Richards Packaging Income is a good investment. Please check the relationship between Richards Packaging Payout Ratio and its Interest Coverage accounts. 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.

Payout Ratio vs Interest Coverage

Payout Ratio vs Interest Coverage Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Richards Packaging Income Payout Ratio account and Interest Coverage. At this time, the significance of the direction appears to have no relationship.

The correlation between Richards Packaging's Payout Ratio and Interest Coverage is 0.03. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Interest Coverage in the same time period over historical financial statements of Richards Packaging Income, assuming nothing else is changed. The correlation between historical values of Richards Packaging's Payout Ratio and Interest Coverage is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of Richards Packaging Income are associated (or correlated) with its Interest Coverage. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Coverage has no effect on the direction of Payout Ratio i.e., Richards Packaging's Payout Ratio and Interest Coverage go up and down completely randomly.

Correlation Coefficient

0.03

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Payout Ratio

Payout Ratio is the proportion of Richards Packaging Income earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Richards Packaging Income dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Richards Packaging Income is paying out more in dividends than it makes in net income.

Interest Coverage

Most indicators from Richards Packaging's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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.

At present, Richards Packaging's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 7.58, whereas Selling General Administrative is forecasted to decline to about 16.1 M.

	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 fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock
Total Assets		0.64	0.72	0.9	0.92	0.88	0.44	0.56	0.85	0.87	0.51	0.98	0.36	0.51	0.97	0.94	0.25	0.77	0.95	0.85	-0.05	0.96	0.98	0.79	0.34	-0.8
Short Long Term Debt Total	0.64		0.18	0.47	0.51	0.53	0.48	0.98	0.52	0.4	0.26	0.59	0.09	0.26	0.62	0.69	0.05	0.89	0.7	0.57	0.08	0.68	0.67	0.72	0.02	-0.54
Other Current Liab	0.72	0.18		0.92	0.51	0.55	0.43	0.08	0.54	0.85	0.51	0.65	0.26	0.51	0.67	0.68	0.08	0.28	0.75	0.66	-0.01	0.8	0.76	0.52	0.18	-0.63
Total Current Liabilities	0.9	0.47	0.92		0.69	0.74	0.52	0.37	0.71	0.93	0.57	0.84	0.37	0.57	0.84	0.85	0.14	0.52	0.9	0.81	-0.06	0.95	0.91	0.78	0.22	-0.76
Total Stockholder Equity	0.92	0.51	0.51	0.69		0.83	0.29	0.43	0.86	0.72	0.45	0.93	0.39	0.45	0.94	0.86	0.4	0.67	0.81	0.76	-0.08	0.77	0.87	0.63	0.35	-0.74
Property Plant And Equipment Net	0.88	0.53	0.55	0.74	0.83		0.26	0.46	0.87	0.69	0.42	0.93	0.31	0.42	0.78	0.76	0.34	0.69	0.77	0.73	-0.09	0.82	0.79	0.77	0.31	-0.73
Current Deferred Revenue	0.44	0.48	0.43	0.52	0.29	0.26		0.34	0.37	0.37	0.81	0.36	0.32	0.81	0.49	0.52	-0.16	0.28	0.41	0.41	-0.05	0.5	0.49	0.58	0.0	-0.49
Net Debt	0.56	0.98	0.08	0.37	0.43	0.46	0.34		0.44	0.31	0.06	0.51	0.02	0.06	0.53	0.62	0.07	0.88	0.64	0.49	0.07	0.6	0.59	0.64	0.01	-0.45
Retained Earnings	0.85	0.52	0.54	0.71	0.86	0.87	0.37	0.44		0.7	0.45	0.84	0.41	0.45	0.85	0.87	0.55	0.6	0.79	0.75	-0.1	0.75	0.82	0.64	0.16	-0.91
Accounts Payable	0.87	0.4	0.85	0.93	0.72	0.69	0.37	0.31	0.7		0.47	0.82	0.39	0.47	0.84	0.8	0.18	0.52	0.88	0.67	-0.07	0.9	0.89	0.6	0.31	-0.71
Cash	0.51	0.26	0.51	0.57	0.45	0.42	0.81	0.06	0.45	0.47		0.47	0.35	1.0	0.54	0.5	-0.1	0.18	0.41	0.49	0.08	0.5	0.53	0.53	0.05	-0.57
Non Current Assets Total	0.98	0.59	0.65	0.84	0.93	0.93	0.36	0.51	0.84	0.82	0.47		0.33	0.47	0.92	0.86	0.26	0.76	0.88	0.8	-0.05	0.91	0.91	0.78	0.47	-0.71
Non Currrent Assets Other	0.36	0.09	0.26	0.37	0.39	0.31	0.32	0.02	0.41	0.39	0.35	0.33		0.35	0.43	0.36	-0.07	0.06	0.32	0.37	-0.49	0.3	0.37	0.34	0.02	-0.46
Cash And Short Term Investments	0.51	0.26	0.51	0.57	0.45	0.42	0.81	0.06	0.45	0.47	1.0	0.47	0.35		0.54	0.5	-0.1	0.18	0.41	0.49	0.08	0.5	0.53	0.53	0.05	-0.57
Net Receivables	0.97	0.62	0.67	0.84	0.94	0.78	0.49	0.53	0.85	0.84	0.54	0.92	0.43	0.54		0.96	0.29	0.71	0.93	0.82	-0.09	0.9	0.97	0.71	0.29	-0.82
Good Will	0.94	0.69	0.68	0.85	0.86	0.76	0.52	0.62	0.87	0.8	0.5	0.86	0.36	0.5	0.96		0.41	0.69	0.96	0.82	-0.01	0.9	0.97	0.76	0.09	-0.89
Common Stock Shares Outstanding	0.25	0.05	0.08	0.14	0.4	0.34	-0.16	0.07	0.55	0.18	-0.1	0.26	-0.07	-0.1	0.29	0.41		0.03	0.25	0.16	0.09	0.12	0.23	0.12	-0.19	-0.45
Non Current Liabilities Total	0.77	0.89	0.28	0.52	0.67	0.69	0.28	0.88	0.6	0.52	0.18	0.76	0.06	0.18	0.71	0.69	0.03		0.75	0.59	0.07	0.76	0.74	0.63	0.35	-0.48
Inventory	0.95	0.7	0.75	0.9	0.81	0.77	0.41	0.64	0.79	0.88	0.41	0.88	0.32	0.41	0.93	0.96	0.25	0.75		0.83	-0.03	0.96	0.99	0.75	0.14	-0.82
Other Current Assets	0.85	0.57	0.66	0.81	0.76	0.73	0.41	0.49	0.75	0.67	0.49	0.8	0.37	0.49	0.82	0.82	0.16	0.59	0.83		-0.09	0.83	0.85	0.79	0.15	-0.8
Other Stockholder Equity	-0.05	0.08	-0.01	-0.06	-0.08	-0.09	-0.05	0.07	-0.1	-0.07	0.08	-0.05	-0.49	0.08	-0.09	-0.01	0.09	0.07	-0.03	-0.09		-0.02	-0.04	-0.09	0.0	0.04
Total Liab	0.96	0.68	0.8	0.95	0.77	0.82	0.5	0.6	0.75	0.9	0.5	0.91	0.3	0.5	0.9	0.9	0.12	0.76	0.96	0.83	-0.02		0.96	0.82	0.29	-0.76
Total Current Assets	0.98	0.67	0.76	0.91	0.87	0.79	0.49	0.59	0.82	0.89	0.53	0.91	0.37	0.53	0.97	0.97	0.23	0.74	0.99	0.85	-0.04	0.96		0.77	0.2	-0.84
Short Term Debt	0.79	0.72	0.52	0.78	0.63	0.77	0.58	0.64	0.64	0.6	0.53	0.78	0.34	0.53	0.71	0.76	0.12	0.63	0.75	0.79	-0.09	0.82	0.77		0.1	-0.68
Intangible Assets	0.34	0.02	0.18	0.22	0.35	0.31	0.0	0.01	0.16	0.31	0.05	0.47	0.02	0.05	0.29	0.09	-0.19	0.35	0.14	0.15	0.0	0.29	0.2	0.1		0.15
Common Stock	-0.8	-0.54	-0.63	-0.76	-0.74	-0.73	-0.49	-0.45	-0.91	-0.71	-0.57	-0.71	-0.46	-0.57	-0.82	-0.89	-0.45	-0.48	-0.82	-0.8	0.04	-0.76	-0.84	-0.68	0.15

Click cells to compare fundamentals

Richards Packaging Account Relationship Matchups

Richards Packaging fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	248.0M	352.9M	356.9M	349.9M	318.2M	234.2M
Short Long Term Debt Total	58.4M	72.6M	64.0M	101.2M	53.2M	58.7M
Other Current Liab	8.6M	39.1M	61.9M	15.1M	21.2M	13.7M
Total Current Liabilities	65.4M	118.3M	161.8M	87.8M	85.3M	60.2M
Total Stockholder Equity	126.7M	160.6M	130.8M	161.5M	180.1M	112.7M
Property Plant And Equipment Net	44.7M	53.2M	44.0M	37.7M	36.3M	38.1M
Current Deferred Revenue	1.3M	4.4M	4.8M	3.7M	3.4M	3.2M
Net Debt	50.4M	64.9M	55.6M	95.8M	45.1M	54.1M
Retained Earnings	97.7M	144.1M	119.9M	143.0M	163.3M	171.5M
Accounts Payable	27.1M	31.9M	57.6M	38.8M	37.3M	27.3M
Cash	8.0M	7.7M	8.4M	5.4M	8.1M	4.5M
Non Current Assets Total	144.1M	196.2M	184.7M	179.4M	175.6M	137.1M
Non Currrent Assets Other	1.6M	(1.7M)	(2.0M)	(2.2M)	(1.7M)	(1.8M)
Cash And Short Term Investments	8.0M	7.7M	8.4M	5.4M	8.1M	4.5M
Net Receivables	32.3M	49.8M	49.7M	55.6M	54.0M	32.9M
Good Will	85.0M	110.7M	110.5M	113.2M	112.2M	90.8M
Liabilities And Stockholders Equity	248.0M	352.9M	356.9M	349.9M	318.2M	234.2M
Non Current Liabilities Total	55.9M	74.0M	64.2M	100.5M	52.7M	57.9M
Inventory	58.7M	88.3M	100.7M	97.8M	75.0M	55.1M
Other Current Assets	4.8M	10.9M	6.9M	7.7M	5.5M	4.2M
Other Stockholder Equity	16.9M	12.7M	11.2M	11.0M	9.9M	9.4M
Total Liab	121.3M	192.3M	226.1M	188.4M	138.1M	118.1M
Total Current Assets	103.9M	156.7M	172.2M	170.5M	142.6M	97.1M
Accumulated Other Comprehensive Income	12.7M	11.2M	11.0M	18.5M	16.8M	17.7M
Short Term Debt	27M	42.0M	35.3M	26.8M	22.6M	17.8M
Intangible Assets	11.6M	31.7M	29.5M	27.8M	26.5M	24.9M
Common Stock	23.0M	14.7M	16.3M	5.3M	4.7M	4.5M
Other Liab	4.4M	3.6M	8.0M	7.1M	8.1M	6.4M
Net Tangible Assets	8.5M	30.1M	18.2M	(9.1M)	(10.5M)	(10.0M)
Long Term Debt	15.0M	23.6M	22.7M	64.8M	18.0M	26.3M
Long Term Investments	637K	667K	688K	725K	619K	554.3K
Property Plant Equipment	4.8M	44.7M	53.2M	44.0M	50.7M	53.2M
Capital Lease Obligations	43.5M	49.1M	41.3M	36.4M	35.2M	28.6M
Net Invested Capital	141.7M	184.1M	153.5M	226.3M	198.2M	187.1M
Net Working Capital	38.5M	38.4M	10.4M	82.7M	57.3M	45.3M

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

0.79

ORE

Orezone Gold Corp

Pair Corr

Moving against Richards Stock

0.6	JPM	JPMorgan Chase	Pair Corr
0.57	TSLA	Tesla Inc CDR	Pair Corr
0.43	AMZN	Amazon CDR	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

Balance Sheet is a snapshot of the financial position of Richards Packaging Income at a specified time, usually calculated after every quarter, six months, or one year. Richards Packaging Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Richards Packaging and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Richards currently owns. An asset can also be divided into two categories, current and non-current.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Richards Payout Ratio vs Interest Coverage Analysis

Payout Ratio vs Interest Coverage

Payout Ratio vs Interest Coverage Correlation Analysis

Correlation Coefficient

Payout Ratio

Interest Coverage

Richards Packaging fundamental ratios Correlations

Richards Packaging Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Richards Packaging fundamental ratios Accounts

Pair Trading with Richards Packaging

Moving together with Richards Stock

Moving against Richards Stock

Other Information on Investing in Richards Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 0.99	Inventory
Non Current Assets Total	+ 0.98	Total Assets
Total Current Assets	+ 0.98	Total Assets
Net Debt	+ 0.98	Short Long Term Debt Total
Net Receivables	+ 0.97	Total Assets

Common Stock	- 0.91	Retained Earnings
Common Stock	- 0.89	Good Will
Common Stock	- 0.84	Total Current Assets
Common Stock	- 0.82	Inventory
Common Stock	- 0.82	Net Receivables
Common Stock	- 0.8	Other Current Assets