Debt to Equity Ratio Analysis of Ritchie Bros Auctioneers - Deep Dive
Latest FY Debt to Equity
Period Ending - Dec-23
Very Good Debt to Equity
0.448
Period Ending - Dec-22
Very Good Debt to Equity
0.473
Growth
-5.30 %
Most recent Quarter Debt to Equity
Period Ending - Mar-24
Good Debt to Equity
0.581
Debt to Equity Analysis of Ritchie Bros Auctioneers
Debt to Equity Ratio 0.448 of Ritchie Bros Auctioneers indicates to run a business company uses lower amount of long-term debt. |
Debt to Equity Ratio of RBA has fallen by -5.30 % Compared to previous Financial Year. |
Debt to Equity Ratio with value of 1.63 was highest in Year Dec-21 in last Five Years. |
Debt to Equity Ratio with value of 0.448 was lowest in Year Dec-23 in last Five Years. |
Latest Debt to Equity Ratio with value of 0.448 is lower than Average Debt to Equity of 0.786 in last five years. |
Other Debt to Equity Related Info of RBA that may interest you.
Ritchie Bros Auctioneers Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
RBA | 80.0 | 79.87 | 0.163 % | Specialty Business Services |
Defination of Debt to Equity Ratio
Debt to Equity Ratio shows the relationship between the company's total debt and total shareholders fund. And it indicates the ability of a company's shareholders' equity to pay its debt obligations in a tough time. more ..Debt to Equity Related Ratios
ShortTermDebtToEquityRatio | DividendCoverageRatio | CurrentRatio |
Tsr Stability Index
No Significant Stability |
FY - Historical Debt to Equity Ratio of Ritchie Bros Auctioneers
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Debt to Equity | 0.448 | 0.473 | 1.63 | 0.661 | 0.721 | 0.880 | 1.11 |
Change | -5.30 % | -70.92 % | 146.37 % | -8.32 % | -18.10 % | -20.59 % | 22.91 % |
FY Chart of Debt to Equity Ratio of Ritchie Bros Auctioneers
Note : All Data Generated at the End of Trading Hours (EOD Data)