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RB Global (TSX:RBA) Debt-to-Revenue : 1.11 (As of Dec. 2023)


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What is RB Global Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

RB Global's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$228 Mil. RB Global's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$5,946 Mil. RB Global's annualized Revenue for the quarter that ended in Dec. 2023 was C$5,586 Mil. RB Global's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 1.11.


RB Global Debt-to-Revenue Historical Data

The historical data trend for RB Global's Debt-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

RB Global Debt-to-Revenue Chart

RB Global Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.58 1.32 0.44 1.25

RB Global Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.43 2.26 1.03 1.13 1.11

Competitive Comparison of RB Global's Debt-to-Revenue

For the Specialty Business Services subindustry, RB Global's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


RB Global's Debt-to-Revenue Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, RB Global's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where RB Global's Debt-to-Revenue falls into.



RB Global Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

RB Global's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(228.474 + 5946.374) / 4936.551
=1.25

RB Global's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(228.474 + 5946.374) / 5585.884
=1.11

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Dec. 2023) Revenue data.


RB Global Debt-to-Revenue Related Terms

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RB Global (TSX:RBA) Business Description

Traded in Other Exchanges
Address
Two Westbrook Corporate Center, Suite 500, Westchester, IL, USA, 60154
RB Global operates the world's largest auction for heavy equipment. The company started as a live auctioneer of industrial equipment, since then it has greatly expanded its operations to include the sale of construction, agricultural, oilfield, and transportation equipment. RB Global operates over 40 live auction sites in more than 12 countries, along with online marketplaces, including IronPlanet, Marketplace-E, and GovPlanet. Its agricultural auctions are frequently much smaller venues and can include liquidations of single farms. The company holds over 300 auctions yearly and sells $6 billion worth of equipment.