Ritchie Free Cash Flow Yield vs Price To Sales Ratio Analysis

RBA Stock

CAD 100.50 0.65 0.65%

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 Free Cash Flow Yield and its Price To Sales Ratio 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.

Free Cash Flow Yield vs Price To Sales Ratio

Free Cash Flow Yield vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ritchie Bros Auctioneers Free Cash Flow Yield account and Price To Sales Ratio. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Ritchie Bros' Free Cash Flow Yield and Price To Sales Ratio is -0.55. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Price To Sales Ratio 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' Free Cash Flow Yield and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Ritchie Bros Auctioneers are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Free Cash Flow Yield i.e., Ritchie Bros' Free Cash Flow Yield and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.55

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Ritchie Bros Auctioneers stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Ritchie Bros sales, a figure that is much harder to manipulate than other Ritchie Bros Auctioneers multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.

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 7th 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

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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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Other Information on Investing in Ritchie Stock

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.

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Ritchie Free Cash Flow Yield vs Price To Sales Ratio Analysis

Free Cash Flow Yield vs Price To Sales Ratio

Free Cash Flow Yield vs Price To Sales Ratio Correlation Analysis

Correlation Coefficient

Free Cash Flow Yield

Price To Sales Ratio

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!

Other Information on Investing in Ritchie Stock

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