RBA Total Operating Expenses vs Operating Income Analysis

RBA Stock

USD 97.81 2.47 2.59%

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 Total Operating Expenses and its Operating Income 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.

Total Operating Expenses vs Operating Income

Total Operating Expenses vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RB Global Total Operating Expenses account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between RB Global's Total Operating Expenses and Operating Income is 0.96. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Operating Income 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 Total Operating Expenses and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of RB Global are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Total Operating Expenses i.e., RB Global's Total Operating Expenses and Operating Income go up and down completely randomly.

Correlation Coefficient

0.96

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Operating Income

Operating Income is the amount of profit realized from RB Global operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of RB Global is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

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	1.5B	1.5B
Total Revenue	1.4B	1.7B	3.7B	3.9B

Gross Profit Total Revenue

RB Global 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	Total Current Assets	Short Term Debt	Non Currrent Assets Other	Intangible Assets	Other Assets	Long Term Debt	Good Will
Total Assets		0.99	0.97	0.96	0.99	0.96	0.99	0.29	0.88	0.86	1.0	0.86	0.99	0.75	0.99	0.88	0.99	0.97	0.99	0.97	0.95	0.02	0.99	-0.05	0.92	1.0
Short Long Term Debt Total	0.99		0.96	0.94	0.97	0.94	1.0	0.26	0.87	0.83	0.99	0.83	0.97	0.72	1.0	0.86	0.97	0.95	0.99	0.95	0.91	0.05	0.98	0.04	0.96	0.99
Other Current Liab	0.97	0.96		0.94	0.96	0.94	0.95	0.3	0.85	0.86	0.97	0.86	0.98	0.74	0.96	0.89	0.94	0.94	0.96	0.96	0.92	-0.03	0.96	-0.15	0.89	0.97
Total Current Liabilities	0.96	0.94	0.94		0.95	0.89	0.92	0.49	0.96	0.96	0.95	0.96	0.94	0.75	0.94	0.93	0.96	0.9	0.96	1.0	0.91	0.05	0.93	-0.04	0.9	0.96
Total Stockholder Equity	0.99	0.97	0.96	0.95		0.98	0.97	0.25	0.85	0.84	0.99	0.84	1.0	0.75	0.98	0.86	0.98	0.98	0.98	0.96	0.97	-0.02	0.99	-0.14	0.88	0.99
Property Plant And Equipment Net	0.96	0.94	0.94	0.89	0.98		0.94	0.18	0.76	0.77	0.97	0.77	0.98	0.75	0.94	0.81	0.94	0.98	0.94	0.91	0.96	-0.06	0.97	-0.2	0.82	0.95
Net Debt	0.99	1.0	0.95	0.92	0.97	0.94		0.21	0.84	0.79	0.99	0.79	0.97	0.71	1.0	0.84	0.97	0.95	0.99	0.93	0.9	0.04	0.98	0.05	0.95	0.98
Retained Earnings	0.29	0.26	0.3	0.49	0.25	0.18	0.21		0.54	0.64	0.26	0.64	0.23	0.65	0.27	0.52	0.28	0.17	0.31	0.45	0.25	0.3	0.19	0.26	0.37	0.26
Accounts Payable	0.88	0.87	0.85	0.96	0.85	0.76	0.84	0.54		0.92	0.87	0.92	0.84	0.67	0.88	0.91	0.9	0.82	0.89	0.94	0.79	0.06	0.84	0.07	0.88	0.89
Cash	0.86	0.83	0.86	0.96	0.84	0.77	0.79	0.64	0.92		0.84	1.0	0.83	0.73	0.83	0.87	0.86	0.77	0.86	0.95	0.82	0.12	0.81	-0.02	0.82	0.85
Non Current Assets Total	1.0	0.99	0.97	0.95	0.99	0.97	0.99	0.26	0.87	0.84		0.84	0.99	0.74	0.99	0.87	0.99	0.98	0.99	0.96	0.94	0.02	0.99	-0.05	0.92	0.99
Cash And Short Term Investments	0.86	0.83	0.86	0.96	0.84	0.77	0.79	0.64	0.92	1.0	0.84		0.83	0.73	0.83	0.87	0.86	0.77	0.86	0.95	0.82	0.12	0.81	-0.02	0.82	0.85
Net Receivables	0.99	0.97	0.98	0.94	1.0	0.98	0.97	0.23	0.84	0.83	0.99	0.83		0.74	0.98	0.86	0.97	0.98	0.98	0.96	0.96	-0.04	1.0	-0.17	0.88	0.99
Common Stock Shares Outstanding	0.75	0.72	0.74	0.75	0.75	0.75	0.71	0.65	0.67	0.73	0.74	0.73	0.74		0.73	0.73	0.71	0.72	0.74	0.76	0.73	0.08	0.71	-0.04	0.68	0.72
Non Current Liabilities Total	0.99	1.0	0.96	0.94	0.98	0.94	1.0	0.27	0.88	0.83	0.99	0.83	0.98	0.73		0.87	0.98	0.95	0.99	0.96	0.91	0.05	0.98	0.03	0.96	0.99
Inventory	0.88	0.86	0.89	0.93	0.86	0.81	0.84	0.52	0.91	0.87	0.87	0.87	0.86	0.73	0.87		0.88	0.82	0.89	0.93	0.84	-0.06	0.84	0.01	0.85	0.88
Other Current Assets	0.99	0.97	0.94	0.96	0.98	0.94	0.97	0.28	0.9	0.86	0.99	0.86	0.97	0.71	0.98	0.88		0.96	0.98	0.97	0.93	-0.01	0.98	-0.05	0.91	0.98
Other Stockholder Equity	0.97	0.95	0.94	0.9	0.98	0.98	0.95	0.17	0.82	0.77	0.98	0.77	0.98	0.72	0.95	0.82	0.96		0.95	0.92	0.94	-0.07	0.98	-0.19	0.84	0.97
Total Liab	0.99	0.99	0.96	0.96	0.98	0.94	0.99	0.31	0.89	0.86	0.99	0.86	0.98	0.74	0.99	0.89	0.98	0.95		0.97	0.93	0.03	0.98	0.01	0.94	0.99
Total Current Assets	0.97	0.95	0.96	1.0	0.96	0.91	0.93	0.45	0.94	0.95	0.96	0.95	0.96	0.76	0.96	0.93	0.97	0.92	0.97		0.93	0.04	0.95	-0.05	0.91	0.97
Short Term Debt	0.95	0.91	0.92	0.91	0.97	0.96	0.9	0.25	0.79	0.82	0.94	0.82	0.96	0.73	0.91	0.84	0.93	0.94	0.93	0.93		-0.05	0.95	-0.27	0.78	0.94
Non Currrent Assets Other	0.02	0.05	-0.03	0.05	-0.02	-0.06	0.04	0.3	0.06	0.12	0.02	0.12	-0.04	0.08	0.05	-0.06	-0.01	-0.07	0.03	0.04	-0.05		-0.04	0.53	0.15	-0.02
Intangible Assets	0.99	0.98	0.96	0.93	0.99	0.97	0.98	0.19	0.84	0.81	0.99	0.81	1.0	0.71	0.98	0.84	0.98	0.98	0.98	0.95	0.95	-0.04		-0.14	0.89	0.99
Other Assets	-0.05	0.04	-0.15	-0.04	-0.14	-0.2	0.05	0.26	0.07	-0.02	-0.05	-0.02	-0.17	-0.04	0.03	0.01	-0.05	-0.19	0.01	-0.05	-0.27	0.53	-0.14		0.28	-0.1
Long Term Debt	0.92	0.96	0.89	0.9	0.88	0.82	0.95	0.37	0.88	0.82	0.92	0.82	0.88	0.68	0.96	0.85	0.91	0.84	0.94	0.91	0.78	0.15	0.89	0.28		0.91
Good Will	1.0	0.99	0.97	0.96	0.99	0.95	0.98	0.26	0.89	0.85	0.99	0.85	0.99	0.72	0.99	0.88	0.98	0.97	0.99	0.97	0.94	-0.02	0.99	-0.1	0.91

Click cells to compare fundamentals

RB Global Account Relationship Matchups

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	724.0M	760.2M
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	5.5B	5.7B
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	641.4M	673.5M
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	761.9M	800.0M
Other Stockholder Equity	52.1M	49.2M	59.5M	85.2M	541.9M	569.0M
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	83M	55.7M
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	3.1B
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	17.5M	16.6M
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

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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:

How To Invest In RBA

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Is RBA Stock a good investment?

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What is RB Global's Net Worth?

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Largest Commercial Services & Supplies Companies

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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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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.

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RBA Total Operating Expenses vs Operating Income Analysis

Total Operating Expenses vs Operating Income

Total Operating Expenses vs Operating Income Correlation Analysis

Correlation Coefficient

Total Operating Expenses

Operating Income

RB Global fundamental ratios Correlations

RB Global Account Relationship Matchups

High Positive Relationship

High Negative Relationship

RB Global fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Good Will	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Current Assets	+ 1.0	Total Current Liabilities
Net Receivables	+ 1.0	Total Stockholder Equity

Other Assets	- 0.27	Short Term Debt
Other Assets	- 0.2	Property Plant And Equipment Net
Other Assets	- 0.19	Other Stockholder Equity
Other Assets	- 0.17	Net Receivables
Other Assets	- 0.15	Other Current Liab
Other Assets	- 0.14	Intangible Assets