Richards Group Inc.
Richards Group Inc., together with its subsidiaries, designs, manufactures, and distributes packaging containers and healthcare supplies and products in North America. It offers paper, glass, metal, and plastic containers and closures. The company provides packaging design and development, sourcing capabilities, and logistics management services. It serves food and beverage, cosmetics, healthcare… Read more
Richards Group Inc. (RIC) - Total Assets
Latest total assets as of September 2025: CA$415.62 Million CAD
Based on the latest financial reports, Richards Group Inc. (RIC) holds total assets worth CA$415.62 Million CAD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Richards Group Inc. - Total Assets Trend (2022–2024)
This chart illustrates how Richards Group Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Richards Group Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
Richards Group Inc.'s total assets of CA$415.62 Million consist of 43.2% current assets and 56.8% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 1.9% |
| Accounts Receivable | CA$52.91 Million | 16.0% |
| Inventory | CA$78.19 Million | 23.6% |
| Property, Plant & Equipment | CA$42.23 Million | 12.8% |
| Intangible Assets | CA$28.34 Million | 8.6% |
| Goodwill | CA$116.92 Million | 35.3% |
Asset Composition Trend (2022–2024)
This chart illustrates how Richards Group Inc.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Richards Group Inc.'s current assets represent 43.2% of total assets in 2024, a decrease from 48.7% in 2022.
- Cash Position: Cash and equivalents constituted 1.9% of total assets in 2024, up from 1.6% in 2022.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 43.0% of total assets, an increase from 39.0% in 2022.
- Asset Diversification: The largest asset category is goodwill at 35.3% of total assets.
Richards Group Inc. Competitors by Total Assets
Key competitors of Richards Group Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
SAMRYOONG Co.Ltd
KQ:014970
|
Korea | ₩96.42 Billion |
|
Zhuhai Zhongfu Enterprise Co Ltd
SHE:000659
|
China | CN¥1.97 Billion |
|
Shin Hwa Silup
KO:001770
|
Korea | ₩84.01 Billion |
|
Huangshan Novel Co Ltd
SHE:002014
|
China | CN¥4.17 Billion |
|
Shenzhen Jinjia Color Printing Group Co Ltd
SHE:002191
|
China | CN¥8.43 Billion |
|
Export Packing
KO:002200
|
Korea | ₩347.30 Billion |
|
Xiamen Hexing Packaging Printing Co Ltd
SHE:002228
|
China | CN¥7.52 Billion |
|
Shenzhen Beauty Star Co Ltd
SHE:002243
|
China | CN¥16.63 Billion |
Richards Group Inc. - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Richards Group Inc. generates 1.23x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Richards Group Inc. generates $ 10.82 in net profit.
Richards Group Inc. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.61 | 1.74 | - |
| Quick Ratio | 0.65 | 0.68 | - |
| Cash Ratio | 0.00 | 0.00 | - |
| Working Capital | CA$64.84 Million | CA$ 73.20 Million | - |
Richards Group Inc. - Advanced Valuation Insights
This section examines the relationship between Richards Group Inc.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 4.1% |
| Total Assets | CA$331.26 Million |
| Market Capitalization | $177.68K USD |
Valuation Analysis
Below Book Valuation: The market values Richards Group Inc.'s assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Richards Group Inc.'s assets grew by 4.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Richards Group Inc. (2022–2024)
The table below shows the annual total assets of Richards Group Inc. from 2022 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$331.26 Million | +4.10% |
| 2023-12-31 | CA$318.20 Million | -9.06% |
| 2022-12-31 | CA$349.89 Million | -- |