Ritchie Book Value Per Share vs Capex To Depreciation Analysis
RBA Stock | CAD 110.84 1.18 1.08% |
Ritchie Bros financial indicator trend analysis is much more than just breaking down Ritchie Bros Auctioneers prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ritchie Bros Auctioneers is a good investment. Please check the relationship between Ritchie Bros Book Value Per Share and its Capex To Depreciation accounts. 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.
Book Value Per Share vs Capex To Depreciation
Book Value Per Share vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ritchie Bros Auctioneers Book Value Per Share account and Capex To Depreciation. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Ritchie Bros' Book Value Per Share and Capex To Depreciation is 0.45. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Ritchie Bros Auctioneers, assuming nothing else is changed. The correlation between historical values of Ritchie Bros' Book Value Per Share and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Ritchie Bros Auctioneers are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Book Value Per Share i.e., Ritchie Bros' Book Value Per Share and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | 0.45 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Most indicators from Ritchie Bros' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Ritchie Bros' Selling General Administrative is very stable compared to the past year. As of the 14th of June 2024, Issuance Of Capital Stock is likely to grow to about 393.3 M, while Tax Provision is likely to drop about 52.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 822.2M | 957.1M | 1.8B | 1.9B | Total Revenue | 1.4B | 1.7B | 3.7B | 3.9B |
Ritchie Bros fundamental ratios Correlations
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Ritchie Bros Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ritchie Bros fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.2B | 2.4B | 3.6B | 2.9B | 9.1B | 9.5B | |
Short Long Term Debt Total | 650.2M | 665.8M | 1.7B | 610.6M | 702.2M | 737.3M | |
Other Current Liab | 284.0M | 231.3M | 298.5M | 467.0M | 537.1M | 563.9M | |
Total Current Liabilities | 501.3M | 514.6M | 588.4M | 795.3M | 1.0B | 1.1B | |
Total Stockholder Equity | 901.8M | 1.0B | 1.1B | 1.3B | 3.8B | 4.0B | |
Property Plant And Equipment Net | 484.5M | 492.1M | 449.1M | 459.1M | 2.0B | 2.1B | |
Net Debt | 290.5M | 387.0M | 1.4B | 116.3M | 1.9B | 2.0B | |
Retained Earnings | 714.1M | 791.9M | 839.6M | 1.0B | 692.4M | 459.2M | |
Accounts Payable | 194.3M | 243.8M | 280.3M | 294.8M | 104.7M | 93.3M | |
Cash | 359.7M | 278.8M | 326.1M | 494.3M | 434.3M | 456.1M | |
Non Current Assets Total | 1.5B | 1.8B | 2.8B | 1.9B | 7.7B | 8.1B | |
Cash And Short Term Investments | 359.7M | 278.8M | 326.1M | 494.3M | 568.5M | 596.9M | |
Net Receivables | 144.2M | 136.3M | 166.4M | 185.8M | 238.1M | 250.0M | |
Common Stock Shares Outstanding | 109.8M | 110.3M | 111.4M | 111.9M | 182.8M | 118.2M | |
Liabilities And Stockholders Equity | 2.2B | 2.4B | 3.6B | 2.9B | 3.3B | 3.5B | |
Non Current Liabilities Total | 821.2M | 824.6M | 1.9B | 778.4M | 4.3B | 4.5B | |
Inventory | 65.0M | 86.3M | 102.5M | 103.1M | 125.5M | 131.8M | |
Other Current Assets | 50.2M | 27.3M | 64.3M | 48.3M | 55.6M | 33.5M | |
Other Stockholder Equity | 52.1M | 49.2M | 59.5M | 85.3M | 98.1M | 60.6M | |
Total Liab | 1.3B | 1.3B | 2.5B | 1.6B | 5.3B | 5.5B | |
Property Plant And Equipment Gross | 600.7M | 608.6M | 449.1M | 459.1M | 2.4B | 2.5B | |
Total Current Assets | 679.6M | 556.8M | 762.2M | 963.1M | 1.4B | 1.4B | |
Accumulated Other Comprehensive Income | (59.1M) | (34.3M) | (56.0M) | (85.1M) | (76.6M) | (72.8M) | |
Non Currrent Assets Other | 141.4M | 147.6M | 1.1B | 163.4M | 11.9M | 11.3M | |
Intangible Assets | 233.4M | 300.9M | 350.5M | 322.7M | 2.2B | 2.3B | |
Common Stock Total Equity | 138.6M | 181.8M | 194.8M | 200.5M | 230.5M | 134.8M | |
Common Stock | 194.8M | 200.5M | 227.5M | 246.3M | 283.2M | 150.5M | |
Short Term Debt | 23.0M | 39.5M | 9.6M | 33.5M | 38.5M | 23.8M | |
Good Will | 672.3M | 840.6M | 947.7M | 948.8M | 3.4B | 3.6B | |
Other Liab | 66.3M | 68.3M | 75.6M | 74.0M | 85.1M | 67.3M | |
Net Tangible Assets | (8.7M) | (140.3M) | (232.4M) | 14.1M | 12.6M | 12.0M | |
Other Assets | 39.2M | 44.6M | 969.0M | 22.6M | 26.0M | 24.7M | |
Long Term Debt | 627.2M | 626.3M | 1.7B | 577.1M | 2.3B | 2.4B | |
Long Term Investments | 4.0M | 4.3M | 0.0 | 1.5M | 9.7M | 5.0M | |
Short Long Term Debt | 23.0M | 39.5M | 9.6M | 33.5M | 21.0M | 40.1M | |
Property Plant Equipment | 595.8M | 602.7M | 558.7M | 582.1M | 669.4M | 611.5M | |
Deferred Long Term Liab | 1.4M | 2.3M | 5.2M | 3.9M | 3.5M | 3.3M | |
Long Term Debt Total | 643.5M | 643.4M | 1.7B | 592.5M | 681.3M | 796.1M | |
Capital Surpluse | 52.1M | 49.2M | 59.5M | 85.3M | 98.1M | 54.9M | |
Non Current Liabilities Other | 3.3M | 3.4M | 4.5M | 4.1M | 34.1M | 35.8M |
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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.