RBA Non Recurring vs Income Before Tax Analysis
RBA Stock | USD 97.68 0.11 0.11% |
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 Non Recurring and its Income Before Tax 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.
Non Recurring vs Income Before Tax
Non Recurring vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RB Global Non Recurring account and Income Before Tax. At this time, the significance of the direction appears to have pay attention.
The correlation between RB Global's Non Recurring and Income Before Tax is -0.82. Overlapping area represents the amount of variation of Non Recurring that can explain the historical movement of Income Before Tax 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 Non Recurring and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Recurring of RB Global are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Non Recurring i.e., RB Global's Non Recurring and Income Before Tax go up and down completely randomly.
Correlation Coefficient | -0.82 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Non Recurring
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on RB Global income statement and is an important metric when analyzing RB Global profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.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 Profit | 822.2M | 957.1M | 1.8B | 1.9B | Total Revenue | 1.4B | 1.7B | 3.7B | 3.9B |
RB Global fundamental ratios Correlations
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RB Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
RB Global fundamental ratios 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 | 650.2M | 665.8M | 1.7B | 610.6M | 4.6B | 4.8B | |
Other Current Liab | 284.0M | 168.3M | 194.6M | 195.1M | 727.5M | 763.9M | |
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 | 289.8M | 378.5M | 503.3M | 638.1M | 670.0M | |
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 | 118.9M | 140.5M | 737.7M | 774.6M | |
Common Stock Shares Outstanding | 109.8M | 110.3M | 111.4M | 111.9M | 168.2M | 117.6M | |
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 | 5.2B | 5.4B | |
Inventory | 65.0M | 86.3M | 102.5M | 103.1M | 166.5M | 174.8M | |
Other Current Assets | 50.2M | 55.4M | 214.8M | 225.2M | 329.8M | 346.3M | |
Other Stockholder Equity | 52.1M | 49.2M | 59.5M | 85.2M | 88M | 56.1M | |
Total Liab | 1.3B | 1.3B | 2.5B | 1.6B | 6.5B | 6.9B | |
Total Current Assets | 679.6M | 556.8M | 762.2M | 963.1M | 1.8B | 1.9B | |
Short Term Debt | 23.0M | 39.5M | 9.6M | 55.5M | 170.3M | 178.8M | |
Non Currrent Assets Other | 141.4M | 147.6M | 143.8M | 148.0M | 142.8M | 150.0M | |
Accumulated Other Comprehensive Income | (59.1M) | (34.3M) | (56.0M) | (85.1M) | (44M) | (41.8M) | |
Intangible Assets | 233.4M | 300.9M | 350.5M | 322.7M | 2.9B | 3.0B | |
Other Assets | 39.2M | 161.1M | 1.1B | 22.6M | (9.3M) | (8.8M) | |
Long Term Debt | 627.2M | 626.3M | 1.7B | 577.1M | 2.3B | 2.4B | |
Good Will | 672.3M | 840.6M | 947.7M | 948.8M | 4.5B | 4.8B | |
Common Stock | 194.8M | 200.5M | 227.5M | 246.3M | 4.1B | 4.3B | |
Property Plant Equipment | 484.5M | 492.1M | 449.1M | 459.1M | 528.0M | 477.2M | |
Other Liab | 66.3M | 198.3M | 199.5M | 74.0M | 85.1M | 45.5M | |
Common Stock Total Equity | 194.8M | 200.5M | 227.5M | 246.3M | 283.2M | 161.2M | |
Current Deferred Revenue | (5.7M) | (107.8M) | 296.5M | 7.7M | 17.4M | 16.5M | |
Net Tangible Assets | (3.9M) | (134.3M) | (227.6M) | 18.1M | 16.3M | 15.5M | |
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 | |
Deferred Long Term Liab | 42.7M | 45.3M | 52.2M | 54.0M | 62.1M | 33.2M |
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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different 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.