RB Global Balance Sheet Health
Financial Health criteria checks 4/6
RB Global has a total shareholder equity of $5.7B and total debt of $3.0B, which brings its debt-to-equity ratio to 52.5%. Its total assets and total liabilities are $11.9B and $6.2B respectively. RB Global's EBIT is $764.7M making its interest coverage ratio 3.5. It has cash and short-term investments of $650.7M.
Key information
52.5%
Debt to equity ratio
US$2.99b
Debt
| Interest coverage ratio | 3.5x |
| Cash | US$650.70m |
| Equity | US$5.70b |
| Total liabilities | US$6.23b |
| Total assets | US$11.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RBA's short term assets ($1.9B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: RBA's short term assets ($1.9B) do not cover its long term liabilities ($4.8B).
Debt to Equity History and Analysis
Debt Level: RBA's net debt to equity ratio (41.1%) is considered high.
Reducing Debt: RBA's debt to equity ratio has reduced from 82.4% to 52.5% over the past 5 years.
Debt Coverage: RBA's debt is well covered by operating cash flow (36.2%).
Interest Coverage: RBA's interest payments on its debt are well covered by EBIT (3.5x coverage).