RBA Intangible Assets vs Non Current Liabilities Total Analysis

RBA Stock  USD 96.01  0.14  0.15%   
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 Intangible Assets and its Non Current Liabilities Total 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 closely tied 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.

Intangible Assets vs Non Current Liabilities Total

Intangible Assets vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RB Global Intangible Assets account and Non Current Liabilities Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between RB Global's Intangible Assets and Non Current Liabilities Total is 0.98. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Non Current Liabilities Total 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 Intangible Assets and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of RB Global are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Intangible Assets i.e., RB Global's Intangible Assets and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Non Current Liabilities Total

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 closely tied 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 Profit822.2M957.1M1.8B1.9B
Total Revenue1.4B1.7B3.7B3.9B

RB Global fundamental ratios Correlations

0.990.970.960.990.960.990.290.880.861.00.860.990.750.990.880.90.31.00.970.950.220.99-0.050.921.0
0.990.960.940.980.941.00.260.870.830.990.830.970.721.00.860.890.280.990.950.910.240.980.040.960.99
0.970.960.940.960.940.950.30.850.860.970.860.980.740.960.890.840.30.960.960.920.160.96-0.150.890.97
0.960.940.940.950.890.920.490.960.960.950.960.940.750.940.930.950.360.961.00.910.230.93-0.040.90.96
0.990.980.960.950.980.970.270.850.850.990.851.00.750.980.870.880.310.980.970.970.190.99-0.140.880.99
0.960.940.940.890.980.940.180.750.770.970.770.980.750.940.810.790.30.950.910.960.140.97-0.20.820.95
0.991.00.950.920.970.940.210.840.790.990.790.970.711.00.840.870.270.990.930.90.230.980.050.950.98
0.290.260.30.490.270.180.210.550.640.260.640.230.650.270.520.470.430.30.450.250.30.190.260.370.26
0.880.870.850.960.850.750.840.550.920.870.920.840.670.870.910.960.460.880.940.790.220.840.070.880.89
0.860.830.860.960.850.770.790.640.920.841.00.830.730.830.870.90.320.860.950.820.280.81-0.020.820.85
1.00.990.970.950.990.970.990.260.870.840.840.990.740.990.870.890.30.990.960.940.220.99-0.050.920.99
0.860.830.860.960.850.770.790.640.921.00.840.830.730.830.870.90.320.860.950.820.280.81-0.020.820.85
0.990.970.980.941.00.980.970.230.840.830.990.830.740.980.860.850.30.980.960.960.161.0-0.170.880.99
0.750.720.740.750.750.750.710.650.670.730.740.730.740.730.730.660.450.740.760.730.20.71-0.040.680.72
0.991.00.960.940.980.941.00.270.870.830.990.830.980.730.870.90.280.990.960.910.250.980.030.960.99
0.880.860.890.930.870.810.840.520.910.870.870.870.860.730.870.90.420.880.930.840.110.840.010.850.88
0.90.890.840.950.880.790.870.470.960.90.890.90.850.660.90.90.370.90.940.810.220.860.140.890.89
0.30.280.30.360.310.30.270.430.460.320.30.320.30.450.280.420.370.280.340.24-0.020.28-0.040.280.3
1.00.990.960.960.980.950.990.30.880.860.990.860.980.740.990.880.90.280.970.940.220.980.00.940.99
0.970.950.961.00.970.910.930.450.940.950.960.950.960.760.960.930.940.340.970.930.230.95-0.050.910.97
0.950.910.920.910.970.960.90.250.790.820.940.820.960.730.910.840.810.240.940.930.150.95-0.270.780.94
0.220.240.160.230.190.140.230.30.220.280.220.280.160.20.250.110.22-0.020.220.230.150.170.490.320.18
0.990.980.960.930.990.970.980.190.840.810.990.811.00.710.980.840.860.280.980.950.950.17-0.140.890.99
-0.050.04-0.15-0.04-0.14-0.20.050.260.07-0.02-0.05-0.02-0.17-0.040.030.010.14-0.040.0-0.05-0.270.49-0.140.28-0.1
0.920.960.890.90.880.820.950.370.880.820.920.820.880.680.960.850.890.280.940.910.780.320.890.280.91
1.00.990.970.960.990.950.980.260.890.850.990.850.990.720.990.880.890.30.990.970.940.180.99-0.10.91
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 Total650.2M665.8M1.7B610.6M4.6B4.8B
Other Current Liab284.0M168.3M194.6M195.1M727.5M763.9M
Total Current Liabilities501.3M514.6M588.4M795.3M1.3B1.4B
Total Stockholder Equity901.8M1.0B1.1B1.3B5.0B5.3B
Property Plant And Equipment Net484.5M492.1M449.1M459.1M2.7B2.8B
Net Debt290.5M387.0M1.4B116.3M4.0B4.2B
Retained Earnings714.1M791.9M839.6M1.0B918.5M468.4M
Accounts Payable194.3M289.8M378.5M503.3M638.1M670.0M
Cash359.7M278.8M326.1M494.3M576.2M605.0M
Non Current Assets Total1.5B1.8B2.8B1.9B10.2B10.7B
Cash And Short Term Investments359.7M278.8M326.1M494.3M576.2M605.0M
Net Receivables144.2M136.3M118.9M140.5M737.7M774.6M
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
Inventory65.0M86.3M102.5M103.1M166.5M174.8M
Other Current Assets50.2M55.4M214.8M225.2M329.8M346.3M
Other Stockholder Equity52.1M49.2M59.5M85.2M88M56.1M
Total Liab1.3B1.3B2.5B1.6B7.0B7.4B
Total Current Assets679.6M556.8M762.2M963.1M1.8B1.9B
Short Term Debt23.0M39.5M9.6M55.5M170.3M178.8M
Non Currrent Assets Other141.4M147.6M143.8M148.0M142.8M150.0M
Accumulated Other Comprehensive Income(59.1M)(34.3M)(56.0M)(85.1M)(44M)(41.8M)
Intangible Assets233.4M300.9M350.5M322.7M2.9B3.0B
Other Assets39.2M161.1M1.1B22.6M(9.3M)(8.8M)
Long Term Debt627.2M626.3M1.7B577.1M2.3B2.4B
Good Will672.3M840.6M947.7M948.8M4.5B4.8B
Common Stock194.8M200.5M227.5M246.3M4.1B4.3B
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

Also Currently Popular

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 closely tied 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.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Commercial Services & Supplies space 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
0.2
Dividend Share
1.12
Earnings Share
1.86
Revenue Per Share
22.8
Quarterly Revenue Growth
(0.04)
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.