RB Global Inc. (RBA)
Debt-to-capital ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 5,226,300 | 5,211,500 | 5,154,540 | 5,542,580 | 5,470,570 | 5,393,800 | 5,401,800 | 5,343,500 | 1,289,610 | 1,238,800 | 1,243,680 | 1,224,980 | 1,070,680 | 1,061,940 | 1,056,330 | 1,005,520 | 1,007,240 | 959,484 | 899,054 | 839,805 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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
The debt-to-capital ratio of RB Global Inc. has consistently remained at 0.00 for each reporting period from March 31, 2020, to December 31, 2024. This indicates that the company has not used any debt financing to fund its operations and growth, relying entirely on equity capital. A debt-to-capital ratio of 0.00 implies that the company's capital structure is conservative and has a lower financial risk as there is no debt component in its capital mix. This stability in the debt-to-capital ratio suggests that RB Global Inc. has a strong financial position and is not highly leveraged, which can be viewed positively by investors and lenders.
Peer comparison
Dec 31, 2024