Ritchie Book Value Per Share vs Invested Capital Analysis

RBA Stock

CAD 99.06 1.52 1.51%

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 Invested Capital 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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Book Value Per Share vs Invested Capital

Book Value Per Share vs Invested Capital 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 Invested Capital. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Ritchie Bros' Book Value Per Share and Invested Capital is 0.43. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Invested Capital 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 Invested Capital 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 Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Invested Capital has no effect on the direction of Book Value Per Share i.e., Ritchie Bros' Book Value Per Share and Invested Capital go up and down completely randomly.

Correlation Coefficient

0.43

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

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.

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to Ritchie Bros Auctioneers. There are two different methods for calculating Ritchie Bros Auctioneers invested capital: operating approach and financing approach. Understanding Ritchie Bros invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.

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 tightly coupled 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 1st 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

Gross Profit Total Revenue

Ritchie Bros fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Non Currrent Assets Other	Intangible Assets	Common Stock Total Equity	Common Stock	Short Term Debt
Total Assets		0.43	0.89	0.92	0.99	0.93	0.93	0.2	0.21	0.74	1.0	0.88	0.89	0.75	0.99	0.78	0.03	0.38	1.0	0.94	0.95	0.03	0.98	0.48	0.58	0.11
Short Long Term Debt Total	0.43		0.52	0.53	0.31	0.16	0.67	0.56	0.66	0.54	0.41	0.48	0.6	0.29	0.49	0.56	0.38	0.18	0.51	0.17	0.51	0.78	0.3	0.63	0.62	-0.18
Other Current Liab	0.89	0.52		0.99	0.87	0.75	0.78	0.52	0.46	0.95	0.87	0.98	0.97	0.69	0.85	0.86	0.19	0.36	0.89	0.76	0.98	0.06	0.83	0.67	0.76	0.21
Total Current Liabilities	0.92	0.53	0.99		0.91	0.79	0.82	0.5	0.5	0.92	0.9	0.98	0.98	0.71	0.89	0.89	0.11	0.42	0.92	0.8	0.99	0.09	0.87	0.69	0.77	0.2
Total Stockholder Equity	0.99	0.31	0.87	0.91		0.97	0.87	0.17	0.14	0.73	0.99	0.87	0.87	0.76	0.97	0.76	-0.01	0.39	0.97	0.97	0.93	-0.09	0.99	0.44	0.54	0.16
Property Plant And Equipment Net	0.93	0.16	0.75	0.79	0.97		0.8	0.05	-0.07	0.59	0.94	0.76	0.76	0.76	0.91	0.66	-0.04	0.38	0.9	1.0	0.83	-0.2	0.95	0.29	0.38	0.18
Net Debt	0.93	0.67	0.78	0.82	0.87	0.8		0.16	0.25	0.62	0.93	0.75	0.82	0.66	0.96	0.73	0.13	0.32	0.96	0.81	0.84	0.3	0.89	0.47	0.55	-0.06
Retained Earnings	0.2	0.56	0.52	0.5	0.17	0.05	0.16		0.76	0.71	0.15	0.55	0.55	0.4	0.15	0.55	0.39	0.33	0.21	0.04	0.46	0.39	0.05	0.83	0.8	0.28
Accounts Payable	0.21	0.66	0.46	0.5	0.14	-0.07	0.25	0.76		0.6	0.17	0.46	0.54	0.15	0.2	0.53	0.02	0.41	0.25	-0.04	0.41	0.52	0.08	0.75	0.74	-0.06
Cash	0.74	0.54	0.95	0.92	0.73	0.59	0.62	0.71	0.6		0.71	0.97	0.92	0.61	0.69	0.79	0.19	0.32	0.74	0.6	0.91	0.15	0.65	0.75	0.81	0.22
Non Current Assets Total	1.0	0.41	0.87	0.9	0.99	0.94	0.93	0.15	0.17	0.71		0.86	0.87	0.75	0.99	0.76	0.01	0.37	0.99	0.95	0.93	0.02	0.99	0.45	0.55	0.09
Cash And Short Term Investments	0.88	0.48	0.98	0.98	0.87	0.76	0.75	0.55	0.46	0.97	0.86		0.96	0.7	0.84	0.82	0.13	0.35	0.88	0.78	0.98	0.06	0.82	0.68	0.76	0.21
Net Receivables	0.89	0.6	0.97	0.98	0.87	0.76	0.82	0.55	0.54	0.92	0.87	0.96		0.71	0.87	0.92	0.13	0.47	0.9	0.77	0.97	0.13	0.82	0.74	0.8	0.14
Common Stock Shares Outstanding	0.75	0.29	0.69	0.71	0.76	0.76	0.66	0.4	0.15	0.61	0.75	0.7	0.71		0.72	0.63	0.18	0.48	0.73	0.76	0.74	-0.04	0.72	0.67	0.73	0.32
Non Current Liabilities Total	0.99	0.49	0.85	0.89	0.97	0.91	0.96	0.15	0.2	0.69	0.99	0.84	0.87	0.72		0.75	0.04	0.35	1.0	0.92	0.92	0.1	0.98	0.46	0.55	0.04
Inventory	0.78	0.56	0.86	0.89	0.76	0.66	0.73	0.55	0.53	0.79	0.76	0.82	0.92	0.63	0.75		0.23	0.46	0.79	0.66	0.88	0.13	0.71	0.74	0.77	0.29
Other Current Assets	0.03	0.38	0.19	0.11	-0.01	-0.04	0.13	0.39	0.02	0.19	0.01	0.13	0.13	0.18	0.04	0.23		-0.07	0.06	-0.06	0.15	0.18	-0.03	0.32	0.25	0.32
Other Stockholder Equity	0.38	0.18	0.36	0.42	0.39	0.38	0.32	0.33	0.41	0.32	0.37	0.35	0.47	0.48	0.35	0.46	-0.07		0.37	0.37	0.4	-0.01	0.35	0.42	0.48	-0.12
Total Liab	1.0	0.51	0.89	0.92	0.97	0.9	0.96	0.21	0.25	0.74	0.99	0.88	0.9	0.73	1.0	0.79	0.06	0.37		0.91	0.94	0.1	0.97	0.5	0.6	0.07
Property Plant And Equipment Gross	0.94	0.17	0.76	0.8	0.97	1.0	0.81	0.04	-0.04	0.6	0.95	0.78	0.77	0.76	0.92	0.66	-0.06	0.37	0.91		0.84	-0.2	0.96	0.31	0.4	0.17
Total Current Assets	0.95	0.51	0.98	0.99	0.93	0.83	0.84	0.46	0.41	0.91	0.93	0.98	0.97	0.74	0.92	0.88	0.15	0.4	0.94	0.84		0.07	0.89	0.65	0.74	0.19
Non Currrent Assets Other	0.03	0.78	0.06	0.09	-0.09	-0.2	0.3	0.39	0.52	0.15	0.02	0.06	0.13	-0.04	0.1	0.13	0.18	-0.01	0.1	-0.2	0.07		-0.11	0.31	0.31	-0.34
Intangible Assets	0.98	0.3	0.83	0.87	0.99	0.95	0.89	0.05	0.08	0.65	0.99	0.82	0.82	0.72	0.98	0.71	-0.03	0.35	0.97	0.96	0.89	-0.11		0.37	0.48	0.11
Common Stock Total Equity	0.48	0.63	0.67	0.69	0.44	0.29	0.47	0.83	0.75	0.75	0.45	0.68	0.74	0.67	0.46	0.74	0.32	0.42	0.5	0.31	0.65	0.31	0.37		0.97	0.23
Common Stock	0.58	0.62	0.76	0.77	0.54	0.38	0.55	0.8	0.74	0.81	0.55	0.76	0.8	0.73	0.55	0.77	0.25	0.48	0.6	0.4	0.74	0.31	0.48	0.97		0.21
Short Term Debt	0.11	-0.18	0.21	0.2	0.16	0.18	-0.06	0.28	-0.06	0.22	0.09	0.21	0.14	0.32	0.04	0.29	0.32	-0.12	0.07	0.17	0.19	-0.34	0.11	0.23	0.21

Click cells to compare fundamentals

Ritchie Bros Account Relationship Matchups

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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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 Transaction History module to view history of all your transactions and understand their impact on performance.

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When running Ritchie Bros' price analysis, check to measure Ritchie Bros' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ritchie Bros is operating at the current time. Most of Ritchie Bros' value examination focuses on studying past and present price action to predict the probability of Ritchie Bros' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ritchie Bros' price. Additionally, you may evaluate how the addition of Ritchie Bros to your portfolios can decrease your overall portfolio volatility.

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Ritchie Book Value Per Share vs Invested Capital Analysis

Book Value Per Share vs Invested Capital

Book Value Per Share vs Invested Capital Correlation Analysis

Correlation Coefficient

Book Value Per Share

Invested Capital

Ritchie Bros fundamental ratios Correlations

Ritchie Bros Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ritchie Bros fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Ritchie Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 1.0	Non Current Liabilities Total
Total Stockholder Equity	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Total Assets

Short Term Debt	- 0.34	Non Currrent Assets Other
Non Currrent Assets Other	- 0.2	Property Plant And Equipment Gross
Non Currrent Assets Other	- 0.2	Property Plant And Equipment Net
Short Term Debt	- 0.18	Short Long Term Debt Total
Short Term Debt	- 0.12	Other Stockholder Equity
Intangible Assets	- 0.11	Non Currrent Assets Other