RB Global Inc. (RBA)
Debt-to-equity 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 | ||
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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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $5,226,300K
= 0.00
RB Global Inc. has consistently maintained a debt-to-equity ratio of 0.00 across all reported periods from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations and has relied solely on equity for funding. A debt-to-equity ratio of zero signifies that there is no debt in the company's capital structure relative to shareholders' equity, highlighting a low level of financial risk and a conservative approach to capital management. It suggests that RB Global Inc. may have a strong financial position with a healthy equity base supporting its activities and growth, given the absence of indebtedness in its capital structure.
Peer comparison
Dec 31, 2024