Ritchie Historical Balance Sheet

RBA Stock  CAD 99.87  0.03  0.03%   
Trend analysis of Ritchie Bros Auctioneers balance sheet accounts such as Total Stockholder Equity of 4 B, Property Plant And Equipment Net of 2.1 B, Net Debt of 2 B or Retained Earnings of 459.2 M provides information on Ritchie Bros' total assets, liabilities, and equity, which is the actual value of Ritchie Bros Auctioneers to its prevalent stockholders. By breaking down trends over time using Ritchie Bros balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Covid
Financial Statement Analysis is much more than just reviewing and examining Ritchie Bros Auctioneers latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Ritchie Bros Auctioneers is a good buy for the upcoming year.

Ritchie Bros Inventory

131.78 Million

  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ritchie Bros Auctioneers. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

About Ritchie Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Ritchie Bros Auctioneers at a specified time, usually calculated after every quarter, six months, or one year. Ritchie Bros Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ritchie Bros and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Ritchie currently owns. An asset can also be divided into two categories, current and non-current.

Ritchie Bros Balance Sheet Chart

Ritchie Bros Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Ritchie Bros Auctioneers uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Ritchie Bros' Net Debt is very stable compared to the past year. As of the 20th of April 2024, Cash is likely to grow to about 456.1 M, while Retained Earnings are likely to drop about 459.2 M.

Total Assets

Total assets refers to the total amount of Ritchie Bros assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Ritchie Bros Auctioneers books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Ritchie Bros balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Ritchie Bros Auctioneers are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most accounts from Ritchie Bros' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Ritchie Bros Auctioneers current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ritchie Bros Auctioneers. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
At this time, Ritchie Bros' Net Debt is very stable compared to the past year. As of the 20th of April 2024, Cash is likely to grow to about 456.1 M, while Retained Earnings are likely to drop about 459.2 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total1.7B610.6M702.2M737.3M
Total Assets3.6B2.9B9.1B9.5B

Ritchie Bros balance sheet Correlations

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0.780.560.860.890.760.660.730.550.530.790.760.820.920.630.750.230.460.790.660.880.130.710.740.770.29
0.030.380.190.11-0.01-0.040.130.390.020.190.010.130.130.180.040.23-0.070.06-0.060.150.18-0.030.320.250.32
0.380.180.360.420.390.380.320.330.410.320.370.350.470.480.350.46-0.070.370.370.4-0.010.350.420.48-0.12
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0.940.170.760.80.971.00.810.04-0.040.60.950.780.770.760.920.66-0.060.370.910.84-0.20.960.310.40.17
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0.480.630.670.690.440.290.470.830.750.750.450.680.740.670.460.740.320.420.50.310.650.310.370.970.23
0.580.620.760.770.540.380.550.80.740.810.550.760.80.730.550.770.250.480.60.40.740.310.480.970.21
0.11-0.180.210.20.160.18-0.060.28-0.060.220.090.210.140.320.040.290.32-0.120.070.170.19-0.340.110.230.21
Click cells to compare fundamentals

Ritchie Bros Account Relationship Matchups

Ritchie Bros balance sheet Accounts

201920202021202220232024 (projected)
Total Assets2.2B2.4B3.6B2.9B9.1B9.5B
Short Long Term Debt Total650.2M665.8M1.7B610.6M702.2M737.3M
Other Current Liab284.0M231.3M298.5M467.0M537.1M563.9M
Total Current Liabilities501.3M514.6M588.4M795.3M1.0B1.1B
Total Stockholder Equity901.8M1.0B1.1B1.3B3.8B4.0B
Property Plant And Equipment Net484.5M492.1M449.1M459.1M2.0B2.1B
Net Debt290.5M387.0M1.4B116.3M1.9B2.0B
Retained Earnings714.1M791.9M839.6M1.0B692.4M459.2M
Accounts Payable194.3M243.8M280.3M294.8M104.7M93.3M
Cash359.7M278.8M326.1M494.3M434.3M456.1M
Non Current Assets Total1.5B1.8B2.8B1.9B7.7B8.1B
Cash And Short Term Investments359.7M278.8M326.1M494.3M568.5M596.9M
Net Receivables144.2M136.3M166.4M185.8M238.1M250.0M
Common Stock Shares Outstanding109.8M110.3M111.4M111.9M182.8M118.2M
Liabilities And Stockholders Equity2.2B2.4B3.6B2.9B3.3B3.5B
Non Current Liabilities Total821.2M824.6M1.9B778.4M4.3B4.5B
Inventory65.0M86.3M102.5M103.1M125.5M131.8M
Other Current Assets50.2M27.3M64.3M48.3M55.6M33.5M
Other Stockholder Equity52.1M49.2M59.5M85.3M98.1M60.6M
Total Liab1.3B1.3B2.5B1.6B5.3B5.5B
Property Plant And Equipment Gross600.7M608.6M449.1M459.1M2.4B2.5B
Total Current Assets679.6M556.8M762.2M963.1M1.4B1.4B
Accumulated Other Comprehensive Income(59.1M)(34.3M)(56.0M)(85.1M)(76.6M)(72.8M)
Non Currrent Assets Other141.4M147.6M1.1B163.4M11.9M11.3M
Intangible Assets233.4M300.9M350.5M322.7M2.2B2.3B
Common Stock Total Equity138.6M181.8M194.8M200.5M230.5M134.8M
Common Stock194.8M200.5M227.5M246.3M283.2M150.5M
Short Term Debt23.0M39.5M9.6M33.5M38.5M23.8M
Good Will672.3M840.6M947.7M948.8M3.4B3.6B
Other Liab66.3M68.3M75.6M74.0M85.1M67.3M
Net Tangible Assets(8.7M)(140.3M)(232.4M)14.1M12.6M12.0M
Other Assets39.2M44.6M969.0M22.6M26.0M24.7M
Long Term Debt627.2M626.3M1.7B577.1M2.3B2.4B
Long Term Investments4.0M4.3M0.01.5M9.7M5.0M
Short Long Term Debt23.0M39.5M9.6M33.5M21.0M40.1M
Property Plant Equipment595.8M602.7M558.7M582.1M669.4M611.5M
Deferred Long Term Liab1.4M2.3M5.2M3.9M3.5M3.3M
Long Term Debt Total643.5M643.4M1.7B592.5M681.3M796.1M
Capital Surpluse52.1M49.2M59.5M85.3M98.1M54.9M
Non Current Liabilities Other3.3M3.4M4.5M4.1M34.1M35.8M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ritchie Bros in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ritchie Bros' short interest history, or implied volatility extrapolated from Ritchie Bros options trading.

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ritchie Bros Auctioneers. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Note that the Ritchie Bros Auctioneers information on this page should be used as a complementary analysis to other Ritchie Bros' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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Please note, there is a significant difference between Ritchie Bros' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ritchie Bros is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ritchie Bros' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.