RBA Net Working Capital vs Property Plant Equipment Analysis

RBA Stock  USD 72.68  0.81  1.10%   
RB Global financial indicator trend analysis is much more than just breaking down RB Global prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RB Global is a good investment. Please check the relationship between RB Global Net Working Capital and its Property Plant Equipment accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RB Global. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade RBA Stock refer to our How to Trade RBA Stock guide.

Net Working Capital vs Property Plant Equipment

Net Working Capital vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RB Global Net Working Capital account and Property Plant Equipment. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between RB Global's Net Working Capital and Property Plant Equipment is -0.03. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of RB Global, assuming nothing else is changed. The correlation between historical values of RB Global's Net Working Capital and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of RB Global are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Working Capital i.e., RB Global's Net Working Capital and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Working Capital

Property Plant Equipment

Most indicators from RB Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into RB Global 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 RB Global. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade RBA Stock refer to our How to Trade RBA Stock guide.At present, RB Global's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 393.3 M, whereas Tax Provision is forecasted to decline to about 50.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit822.2M957.1M1.5B1.5B
Total Revenue1.4B1.7B3.7B3.9B

RB Global fundamental ratios Correlations

0.990.620.960.990.960.990.280.960.941.00.941.00.750.990.920.940.30.990.970.970.970.99-0.040.921.0
0.990.550.940.980.951.00.250.950.910.990.910.980.721.00.90.940.270.990.950.950.960.990.040.950.99
0.620.550.760.630.560.510.530.720.780.60.780.650.550.570.710.660.360.60.740.60.560.62-0.410.50.65
0.960.940.760.940.880.910.490.980.990.950.990.960.750.940.950.950.360.961.00.90.890.94-0.030.90.96
0.990.980.630.940.980.970.250.930.930.990.931.00.750.980.90.930.30.980.960.990.980.99-0.130.880.99
0.960.950.560.880.980.940.180.870.870.970.870.970.750.940.850.870.30.940.910.980.960.97-0.190.820.95
0.991.00.510.910.970.940.20.930.880.990.880.970.711.00.880.920.260.990.930.940.960.980.060.950.98
0.280.250.530.490.250.180.20.420.520.260.520.270.640.260.470.370.420.310.450.160.160.210.260.370.26
0.960.950.720.980.930.870.930.420.940.950.940.950.720.960.950.950.420.960.970.880.880.950.00.930.97
0.940.910.780.990.930.870.880.520.940.921.00.940.760.910.910.930.310.930.990.880.870.91-0.060.870.93
1.00.990.60.950.990.970.990.260.950.920.921.00.740.990.910.940.290.990.960.970.971.0-0.040.920.99
0.940.910.780.990.930.870.880.520.941.00.920.940.760.910.910.930.310.930.990.880.870.91-0.060.870.93
1.00.980.650.961.00.970.970.270.950.941.00.940.750.980.920.940.310.980.970.980.971.0-0.120.90.99
0.750.720.550.750.750.750.710.640.720.760.740.760.750.730.740.70.450.740.760.720.70.72-0.030.680.72
0.991.00.570.940.980.941.00.260.960.910.990.910.980.730.90.940.280.990.960.940.960.990.050.960.99
0.920.90.710.950.90.850.880.470.950.910.910.910.920.740.90.950.40.920.950.860.820.89-0.010.870.91
0.940.940.660.950.930.870.920.370.950.930.940.930.940.70.940.950.30.950.960.870.870.930.020.910.94
0.30.270.360.360.30.30.260.420.420.310.290.310.310.450.280.40.30.280.340.220.230.28-0.040.280.3
0.990.990.60.960.980.940.990.310.960.930.990.930.980.740.990.920.950.280.970.950.950.980.020.940.99
0.970.950.741.00.960.910.930.450.970.990.960.990.970.760.960.950.960.340.970.920.910.95-0.040.910.97
0.970.950.60.90.990.980.940.160.880.880.970.880.980.720.940.860.870.220.950.920.970.98-0.220.820.97
0.970.960.560.890.980.960.960.160.880.870.970.870.970.70.960.820.870.230.950.910.970.97-0.070.860.96
0.990.990.620.940.990.970.980.210.950.911.00.911.00.720.990.890.930.280.980.950.980.97-0.110.91.0
-0.040.04-0.41-0.03-0.13-0.190.060.260.0-0.06-0.04-0.06-0.12-0.030.05-0.010.02-0.040.02-0.04-0.22-0.07-0.110.29-0.09
0.920.950.50.90.880.820.950.370.930.870.920.870.90.680.960.870.910.280.940.910.820.860.90.290.91
1.00.990.650.960.990.950.980.260.970.930.990.930.990.720.990.910.940.30.990.970.970.961.0-0.090.91
Click cells to compare fundamentals

RB Global Account Relationship Matchups

RB Global fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.2B2.4B3.6B2.9B12.0B12.6B
Short Long Term Debt Total650.2M665.8M1.7B610.6M4.7B5.0B
Other Current Liab284.0M231.3M2.0M459.3M382.4M401.6M
Total Current Liabilities501.3M514.6M588.4M795.3M1.3B1.4B
Total Stockholder Equity901.8M1.0B1.1B1.3B5.5B5.7B
Property Plant And Equipment Net484.5M492.1M449.1M459.1M2.7B2.8B
Net Debt290.5M387.0M1.4B116.3M4.0B4.2B
Retained Earnings714.1M791.9M839.6M1.0B913.8M468.2M
Accounts Payable194.3M243.8M280.3M294.8M638.1M670.0M
Cash359.7M278.8M326.1M494.3M744.1M781.3M
Non Current Assets Total1.5B1.8B2.8B1.9B10.2B10.7B
Cash And Short Term Investments359.7M278.8M326.1M494.3M744.1M781.3M
Net Receivables144.2M136.3M166.4M185.8M737.7M774.6M
Common Stock Shares Outstanding109.8M110.3M111.4M111.9M168.2M117.6M
Liabilities And Stockholders Equity2.2B2.4B3.6B2.9B12.0B12.6B
Non Current Liabilities Total821.2M824.6M1.9B778.4M5.2B5.4B
Inventory65.0M86.3M102.5M103.1M187.4M196.8M
Other Current Assets50.2M27.3M64.3M48.3M135.5M142.3M
Other Stockholder Equity52.1M49.2M59.5M85.3M87.5M56.1M
Total Liab1.3B1.3B2.5B1.6B6.5B6.8B
Total Current Assets679.6M556.8M762.2M963.1M1.8B1.9B
Short Term Debt23.0M39.5M9.6M33.5M297.9M312.8M
Non Currrent Assets Other141.4M147.6M143.8M148.0M1.9B1.9B
Accumulated Other Comprehensive Income(59.1M)(34.3M)(56.0M)(85.1M)(43.8M)(41.6M)
Intangible Assets233.4M300.9M350.5M322.7M2.2B2.3B
Other Assets39.2M161.1M1.1B22.6M1.00.95
Long Term Debt627.2M626.3M1.7B577.1M2.3B2.4B
Good Will672.3M840.6M947.7M948.8M4.5B4.7B
Common Stock194.8M200.5M227.5M246.3M4.0B4.2B
Property Plant Equipment484.5M492.1M449.1M459.1M528.0M477.2M
Other Liab66.3M198.3M199.5M74.0M85.1M45.5M
Common Stock Total Equity194.8M200.5M227.5M246.3M283.2M161.2M
Current Deferred Revenue(5.7M)(107.8M)296.5M7.7M17.4M16.5M
Net Tangible Assets(3.9M)(134.3M)(227.6M)18.1M16.3M15.5M
Long Term Investments4.0M4.3M0.01.5M9.7M5.0M
Short Long Term Debt23.0M39.5M9.6M33.5M21.0M40.1M
Deferred Long Term Liab42.7M45.3M52.2M54.0M62.1M33.2M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether RB Global offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of RB Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rb Global Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rb Global Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RB Global. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade RBA Stock refer to our How to Trade RBA Stock guide.
Note that the RB Global information on this page should be used as a complementary analysis to other RB Global's 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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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When running RB Global's price analysis, check to measure RB Global's 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 RB Global is operating at the current time. Most of RB Global's value examination focuses on studying past and present price action to predict the probability of RB Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RB Global's price. Additionally, you may evaluate how the addition of RB Global to your portfolios can decrease your overall portfolio volatility.
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Is RB Global's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of RB Global. If investors know RBA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about RB Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.006
Dividend Share
1.08
Earnings Share
1.85
Revenue Per Share
23.175
Quarterly Revenue Growth
1.078
The market value of RB Global is measured differently than its book value, which is the value of RBA that is recorded on the company's balance sheet. Investors also form their own opinion of RB Global's value that differs from its market value or its book value, called intrinsic value, which is RB Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because RB Global's market value can be influenced by many factors that don't directly affect RB Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between RB Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if RB Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RB Global's 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.