RB Global Inc. (RBA)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $5,226,300K
= 0.00
RB Global Inc. has maintained a debt-to-equity ratio of 0.00 consistently from December 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt in its capital structure relative to its equity. This might suggest that RB Global Inc. has been financing its operations primarily through equity financing rather than debt financing. A low or zero debt-to-equity ratio could generally be seen as a positive indicator, as it signifies lower financial risk and potentially greater financial stability for the company. However, it is essential to consider the industry norms and the company's specific circumstances when evaluating the implications of such a ratio.
Peer comparison
Dec 31, 2024