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
Here's Why RB Global (NYSE:RBA) Can Manage Its Debt Responsibly
Sep 01Is RB Global (NYSE:RBA) A Risky Investment?
May 13RB Global (NYSE:RBA) Has A Pretty Healthy Balance Sheet
Jan 23Here'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 12Recent updates
Earnings And Profits Rising At RB Global After Key Acquisition
Oct 24RB Global, Inc. (NYSE:RBA) Not Lagging Market On Growth Or Pricing
Oct 09Are Investors Undervaluing RB Global, Inc. (NYSE:RBA) By 38%?
Sep 26What Does RB Global, Inc.'s (NYSE:RBA) Share Price Indicate?
Sep 13Here's Why RB Global (NYSE:RBA) Can Manage Its Debt Responsibly
Sep 01Here's Why We Think RB Global (NYSE:RBA) Might Deserve Your Attention Today
Aug 20RB Global (NYSE:RBA) Will Want To Turn Around Its Return Trends
Jul 27Are Investors Undervaluing RB Global, Inc. (NYSE:RBA) By 38%?
Jun 18RB Global: Benefitting From Network Effect And Circular Economy
Jun 11Should You Investigate RB Global, Inc. (NYSE:RBA) At US$72.90?
Jun 06RB Global (NYSE:RBA) Is Due To Pay A Dividend Of $0.27
May 21Is RB Global (NYSE:RBA) A Risky Investment?
May 13RB Global, Inc.'s (NYSE:RBA) Earnings Haven't Escaped The Attention Of Investors
May 01What 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 06Financial 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).