RB Global Inc. (RBA)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 5,226,300 | 5,016,700 | 1,289,610 | 1,070,680 | 1,007,240 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $5,226,300K)
= 0.00
Based on the provided data, RB Global Inc.'s debt-to-capital ratio has consistently been at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations or activities over the specified period. A debt-to-capital ratio of 0.00 suggests that the company's capital structure is primarily composed of equity rather than borrowed funds. While a low debt-to-capital ratio can indicate financial stability and lower risk, it may also signify limited leverage for potential growth or investment opportunities. It would be prudent for stakeholders to further investigate the company's capital structure strategy and financial policies to understand the reasons behind the consistently low debt-to-capital ratio.
Peer comparison
Dec 31, 2024