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
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.