RB Global Balance Sheet Health
Financial Health criteria checks 3/6
RB Global has a total shareholder equity of $5.5B and total debt of $3.3B, which brings its debt-to-equity ratio to 59.4%. Its total assets and total liabilities are $12.0B and $6.5B respectively. RB Global's EBIT is $682.5M making its interest coverage ratio 3.6. It has cash and short-term investments of $576.2M.
Key information
59.4%
Debt to equity ratio
US$3.27b
Debt
| Interest coverage ratio | 3.6x |
| Cash | US$576.20m |
| Equity | US$5.51b |
| Total liabilities | US$6.53b |
| Total assets | US$12.04b |
Recent financial health updates
RB Global (NYSE:RBA) Has A Pretty Healthy Balance Sheet
Jan 23
Here's Why RB Global (NYSE:RBA) Can Manage Its Debt Responsibly
Sep 20These 4 Measures Indicate That RB Global (NYSE:RBA) Is Using Debt Reasonably Well
Jun 12Does Ritchie Bros. Auctioneers (NYSE:RBA) Have A Healthy Balance Sheet?
Jan 09We Think Ritchie Bros. Auctioneers (NYSE:RBA) Can Stay On Top Of Its Debt
Oct 05Recent updates
What Is RB Global, Inc.'s (NYSE:RBA) Share Price Doing?
Feb 16RB Global's (NYSE:RBA) Dividend Will Be $0.27
Feb 02RB Global (NYSE:RBA) Has A Pretty Healthy Balance Sheet
Jan 23RB Global, Inc.'s (NYSE:RBA) Business Is Trailing The Industry But Its Shares Aren't
Jan 07Some Investors May Be Worried About RB Global's (NYSE:RBA) Returns On Capital
Dec 24Is RB Global, Inc. (NYSE:RBA) Trading At A 35% Discount?
Dec 10RB Global (NYSE:RBA) Is Paying Out A Dividend Of $0.27
Nov 13RB Global: A Peek Into Post-Merger Future
Oct 29Here's Why RB Global (NYSE:RBA) Can Manage Its Debt Responsibly
Sep 20RB Global (NYSE:RBA) May Have Issues Allocating Its Capital
Sep 05RB Global's (NYSE:RBA) Dividend Will Be $0.27
Aug 21RB Global (NYSE:RBA) Has Affirmed Its Dividend Of $0.27
Aug 07RB Global - Vulnerable To Customer Activity But Still At A High Premium
Aug 05At US$55.40, Is RB Global, Inc. (NYSE:RBA) Worth Looking At Closely?
Jun 26These 4 Measures Indicate That RB Global (NYSE:RBA) Is Using Debt Reasonably Well
Jun 12RB Global, Inc. (NYSE:RBA) Shares Could Be 42% Below Their Intrinsic Value Estimate
May 29Returns At Ritchie Bros. Auctioneers (NYSE:RBA) Are On The Way Up
May 11Industry Analysts Just Upgraded Their Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) Revenue Forecasts By 89%
Mar 22What Is Ritchie Bros. Auctioneers Incorporated's (NYSE:RBA) Share Price Doing?
Feb 22Ritchie Bros Auctioneers Non-GAAP EPS of $0.68 beats by $0.09, revenue of $443.9M beats by $27.82M
Feb 21Ritchie Bros. Auctioneers announces strong Q4 preliminary figures, FY22 revenue almost in-line with consensus
Feb 13Ritchie Bros. Auctioneers: Coming Out Of The Auction
Feb 06We Ran A Stock Scan For Earnings Growth And Ritchie Bros. Auctioneers (NYSE:RBA) Passed With Ease
Jan 21Ritchie Bros Auctioneers declares $0.27 dividend
Jan 17Does Ritchie Bros. Auctioneers (NYSE:RBA) Have A Healthy Balance Sheet?
Jan 09Investors Will Want Ritchie Bros. Auctioneers' (NYSE:RBA) Growth In ROCE To Persist
Dec 28Ritchie Bros., IAA receive all necessary regulatory clearance for proposed merger
Dec 20Ritchie Bros. announces amendments to credit facility
Dec 12Should You Investigate Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) At US$54.48?
Nov 23Ritchie Bros. Auctioneers Incorporated's (NYSE:RBA) Intrinsic Value Is Potentially 46% Above Its Share Price
Nov 08Ritchie Bros Auctioneers Q3 2022 Earnings Preview
Nov 07Does Ritchie Bros. Auctioneers (NYSE:RBA) Deserve A Spot On Your Watchlist?
Oct 17We Think Ritchie Bros. Auctioneers (NYSE:RBA) Can Stay On Top Of Its Debt
Oct 05Financial Position Analysis
Short Term Liabilities: RBA's short term assets ($1.8B) exceed its short term liabilities ($1.3B).
Long Term Liabilities: RBA's short term assets ($1.8B) do not cover its long term liabilities ($5.2B).
Debt to Equity History and Analysis
Debt Level: RBA's net debt to equity ratio (48.9%) is considered high.
Reducing Debt: RBA's debt to equity ratio has reduced from 87.5% to 59.4% over the past 5 years.
Debt Coverage: RBA's debt is not well covered by operating cash flow (16.6%).
Interest Coverage: RBA's interest payments on its debt are well covered by EBIT (3.6x coverage).