Ritchie Historical Balance Sheet

RBA Stock

CAD 137.56 0.71 0.52%

Trend analysis of Ritchie Bros Auctioneers balance sheet accounts such as Total Stockholder Equity of 5.3 B, Property Plant And Equipment Net of 2.8 B, Net Debt of 4.2 B or Retained Earnings of 468.4 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.

Cash Flow Balance Sheet Income Statement

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

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

174.82 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 closely tied 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

At this time, Ritchie Bros' Net Debt is very stable compared to the past year. As of the 29th of November 2024, Cash is likely to grow to about 605 M, while Retained Earnings are likely to drop about 468.4 M.

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities

Add Fundamental

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 closely tied with the direction of predictive economic indicators such as signals in board of governors.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	1.8B	626.0M	4.6B	4.8B
Total Assets	3.6B	2.9B	12.0B	12.6B

Short Long Term Debt Total Total Assets

Ritchie Bros balance sheet 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	Short Term Debt	Non Currrent Assets Other	Intangible Assets	Common Stock Total Equity	Common Stock
Total Assets		0.99	0.97	0.96	0.99	0.96	0.99	0.29	0.07	0.86	1.0	0.86	1.0	0.75	1.0	0.88	0.9	0.65	1.0	0.96	0.97	0.95	0.06	0.99	0.42	0.98
Short Long Term Debt Total	0.99		0.95	0.94	0.97	0.94	1.0	0.26	0.07	0.83	0.99	0.83	0.98	0.72	1.0	0.86	0.88	0.63	0.99	0.94	0.95	0.92	0.15	0.98	0.41	0.97
Other Current Liab	0.97	0.95		0.98	0.96	0.91	0.93	0.37	0.1	0.91	0.96	0.91	0.97	0.72	0.95	0.87	0.8	0.73	0.96	0.91	0.97	0.9	0.04	0.95	0.48	0.93
Total Current Liabilities	0.96	0.94	0.98		0.95	0.89	0.92	0.49	0.28	0.96	0.95	0.96	0.96	0.75	0.94	0.93	0.82	0.81	0.96	0.89	1.0	0.89	0.1	0.93	0.59	0.9
Total Stockholder Equity	0.99	0.97	0.96	0.95		0.98	0.97	0.27	0.03	0.85	0.99	0.85	1.0	0.75	0.98	0.87	0.91	0.62	0.98	0.98	0.97	0.97	-0.02	0.99	0.39	0.99
Property Plant And Equipment Net	0.96	0.94	0.91	0.89	0.98		0.94	0.18	-0.1	0.77	0.97	0.77	0.97	0.75	0.95	0.81	0.91	0.5	0.95	1.0	0.91	0.97	-0.1	0.97	0.28	0.98
Net Debt	0.99	1.0	0.93	0.92	0.97	0.94		0.21	0.02	0.79	0.99	0.79	0.97	0.71	1.0	0.84	0.88	0.58	0.99	0.94	0.93	0.91	0.15	0.98	0.37	0.97
Retained Earnings	0.29	0.26	0.37	0.49	0.27	0.18	0.21		0.73	0.64	0.26	0.64	0.27	0.65	0.25	0.52	0.19	0.8	0.3	0.21	0.45	0.2	0.35	0.19	0.9	0.14
Accounts Payable	0.07	0.07	0.1	0.28	0.03	-0.1	0.02	0.73		0.42	0.04	0.42	0.05	0.2	0.06	0.42	0.05	0.65	0.1	-0.08	0.25	-0.04	0.43	-0.02	0.76	-0.08
Cash	0.86	0.83	0.91	0.96	0.85	0.77	0.79	0.64	0.42		0.84	1.0	0.86	0.73	0.83	0.87	0.74	0.86	0.86	0.78	0.95	0.78	0.13	0.81	0.67	0.78
Non Current Assets Total	1.0	0.99	0.96	0.95	0.99	0.97	0.99	0.26	0.04	0.84		0.84	1.0	0.74	1.0	0.87	0.9	0.62	0.99	0.97	0.96	0.95	0.06	0.99	0.4	0.99
Cash And Short Term Investments	0.86	0.83	0.91	0.96	0.85	0.77	0.79	0.64	0.42	1.0	0.84		0.86	0.73	0.83	0.87	0.74	0.86	0.86	0.78	0.95	0.78	0.13	0.81	0.67	0.78
Net Receivables	1.0	0.98	0.97	0.96	1.0	0.97	0.97	0.27	0.05	0.86	1.0	0.86		0.74	0.99	0.88	0.89	0.65	0.99	0.96	0.97	0.95	0.0	0.99	0.41	0.98
Common Stock Shares Outstanding	0.75	0.72	0.72	0.75	0.75	0.75	0.71	0.65	0.2	0.73	0.74	0.73	0.74		0.73	0.73	0.71	0.71	0.74	0.76	0.77	0.73	0.05	0.71	0.69	0.71
Non Current Liabilities Total	1.0	1.0	0.95	0.94	0.98	0.95	1.0	0.25	0.06	0.83	1.0	0.83	0.99	0.73		0.86	0.89	0.63	0.99	0.95	0.96	0.92	0.12	0.99	0.41	0.97
Inventory	0.88	0.86	0.87	0.93	0.87	0.81	0.84	0.52	0.42	0.87	0.87	0.87	0.88	0.73	0.86		0.76	0.81	0.88	0.82	0.93	0.83	0.12	0.84	0.65	0.81
Other Current Assets	0.9	0.88	0.8	0.82	0.91	0.91	0.88	0.19	0.05	0.74	0.9	0.74	0.89	0.71	0.89	0.76		0.49	0.89	0.9	0.86	0.89	-0.08	0.91	0.29	0.91
Other Stockholder Equity	0.65	0.63	0.73	0.81	0.62	0.5	0.58	0.8	0.65	0.86	0.62	0.86	0.65	0.71	0.63	0.81	0.49		0.65	0.5	0.78	0.52	0.23	0.58	0.88	0.53
Total Liab	1.0	0.99	0.96	0.96	0.98	0.95	0.99	0.3	0.1	0.86	0.99	0.86	0.99	0.74	0.99	0.88	0.89	0.65		0.95	0.97	0.94	0.11	0.98	0.43	0.97
Property Plant And Equipment Gross	0.96	0.94	0.91	0.89	0.98	1.0	0.94	0.21	-0.08	0.78	0.97	0.78	0.96	0.76	0.95	0.82	0.9	0.5	0.95		0.91	0.97	-0.11	0.97	0.31	0.98
Total Current Assets	0.97	0.95	0.97	1.0	0.97	0.91	0.93	0.45	0.25	0.95	0.96	0.95	0.97	0.77	0.96	0.93	0.86	0.78	0.97	0.91		0.91	0.09	0.95	0.55	0.92
Short Term Debt	0.95	0.92	0.9	0.89	0.97	0.97	0.91	0.2	-0.04	0.78	0.95	0.78	0.95	0.73	0.92	0.83	0.89	0.52	0.94	0.97	0.91		-0.16	0.96	0.3	0.97
Non Currrent Assets Other	0.06	0.15	0.04	0.1	-0.02	-0.1	0.15	0.35	0.43	0.13	0.06	0.13	0.0	0.05	0.12	0.12	-0.08	0.23	0.11	-0.11	0.09	-0.16		-0.03	0.33	-0.07
Intangible Assets	0.99	0.98	0.95	0.93	0.99	0.97	0.98	0.19	-0.02	0.81	0.99	0.81	0.99	0.71	0.99	0.84	0.91	0.58	0.98	0.97	0.95	0.96	-0.03		0.34	1.0
Common Stock Total Equity	0.42	0.41	0.48	0.59	0.39	0.28	0.37	0.9	0.76	0.67	0.4	0.67	0.41	0.69	0.41	0.65	0.29	0.88	0.43	0.31	0.55	0.3	0.33	0.34		0.28
Common Stock	0.98	0.97	0.93	0.9	0.99	0.98	0.97	0.14	-0.08	0.78	0.99	0.78	0.98	0.71	0.97	0.81	0.91	0.53	0.97	0.98	0.92	0.97	-0.07	1.0	0.28

Click cells to compare fundamentals

Ritchie Bros Account Relationship Matchups

Ritchie Bros balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.2B	2.4B	3.6B	2.9B	12.0B	12.6B
Short Long Term Debt Total	666.5M	682.9M	1.8B	626.0M	4.6B	4.8B
Other Current Liab	284.0M	231.3M	298.5M	467.0M	961.6M	1.0B
Total Current Liabilities	501.3M	514.6M	588.4M	795.3M	1.3B	1.4B
Total Stockholder Equity	901.8M	1.0B	1.1B	1.3B	5.0B	5.3B
Property Plant And Equipment Net	484.5M	492.1M	449.1M	459.1M	2.7B	2.8B
Net Debt	290.5M	387.0M	1.4B	116.3M	4.0B	4.2B
Retained Earnings	714.1M	791.9M	839.6M	1.0B	918.5M	468.4M
Accounts Payable	194.3M	243.8M	280.3M	294.8M	138.9M	118.7M
Cash	359.7M	278.8M	326.1M	494.3M	576.2M	605.0M
Non Current Assets Total	1.5B	1.8B	2.8B	1.9B	10.2B	10.7B
Cash And Short Term Investments	359.7M	278.8M	326.1M	494.3M	576.2M	605.0M
Net Receivables	144.2M	136.3M	166.4M	185.8M	741.5M	778.6M
Common Stock Shares Outstanding	109.8M	110.3M	111.4M	111.9M	168.2M	117.7M
Liabilities And Stockholders Equity	2.2B	2.4B	3.6B	2.9B	12.0B	12.6B
Non Current Liabilities Total	821.2M	824.6M	1.9B	778.4M	5.7B	6.0B
Inventory	65.0M	86.3M	102.5M	103.1M	166.5M	174.8M
Other Current Assets	50.2M	27.3M	64.3M	48.3M	329.8M	346.3M
Other Stockholder Equity	52.1M	49.2M	59.5M	85.3M	88M	56.4M
Total Liab	1.3B	1.3B	2.5B	1.6B	7.0B	7.4B
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	1.8B	1.9B
Accumulated Other Comprehensive Income	(59.1M)	(34.3M)	(56.0M)	(85.1M)	(44M)	(41.8M)
Short Term Debt	23.0M	39.5M	9.6M	33.5M	170.3M	178.8M
Non Currrent Assets Other	141.4M	147.6M	1.1B	163.4M	86.2M	96.0M
Intangible Assets	233.4M	300.9M	350.5M	322.7M	2.9B	3.1B
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	4.1B	4.3B
Current Deferred Revenue	(5.7M)	35.2M	296.5M	7.7M	17.5M	16.6M
Good Will	672.3M	840.6M	947.7M	948.8M	4.5B	4.8B
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

Pair Trading with Ritchie Bros

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ritchie Bros position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ritchie Bros will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to Ritchie Bros could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ritchie Bros when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ritchie Bros - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ritchie Bros Auctioneers to buy it.

The correlation of Ritchie Bros is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ritchie Bros moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ritchie Bros Auctioneers moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Ritchie Bros can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Ritchie Stock

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Ritchie Historical Balance Sheet

Ritchie Bros Inventory

174.82 Million

About Ritchie Balance Sheet Analysis

Ritchie Bros Balance Sheet Chart

Total Assets

Total Current Liabilities

Ritchie Bros balance sheet Correlations

Ritchie Bros Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ritchie Bros balance sheet Accounts

Pair Trading with Ritchie Bros

Other Information on Investing in Ritchie Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Net Receivables	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total

Non Currrent Assets Other	- 0.16	Short Term Debt
Non Currrent Assets Other	- 0.11	Property Plant And Equipment Gross
Non Currrent Assets Other	- 0.1	Property Plant And Equipment Net
Accounts Payable	- 0.1	Property Plant And Equipment Net
Non Currrent Assets Other	- 0.08	Other Current Assets
Common Stock	- 0.08	Accounts Payable