Ritchie Bros. Auctioneers Incorporated (RBA) financial statements (2021 and earlier)

Company profile

Business Address 9500 GLENLYON PARKWAY
BURNABY, BC V5J 0C6
State of Incorp. ON
Fiscal Year End December 31
SIC 7389 - Business Services, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments279360238268208210
Cash and cash equivalents279360238268208210
Restricted cash and investments286168635083
Receivables71441361126662
Inventory, net of allowances, customer advances and progress billings8665113382858
Inventory8665113382858
Prepaid expense   181810
Assets held-for-sale, not part of disposal group   111
Deposits current assets   211
Other current assets275049   
Other undisclosed current assets130  765
Total current assets:557680604508378430
Noncurrent Assets
Property, plant and equipment492484487527515529
Long-term investments and receivables   776
Long-term investments   776
Intangible assets, net (including goodwill)1,142906917932170138
Goodwill8416726726719891
Intangible assets, net (excluding goodwill)3012332462617247
Restricted cash and investments    500 
Deferred costs    6 
Deferred income tax assets1314
Other noncurrent assets148146292443
Deferred tax assets, net16191913
Total noncurrent assets:1,7951,5501,4491,5091,222690
TOTAL ASSETS:2,3522,2292,0522,0171,6001,120
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:244194201165125120
Accounts payable8480101794242
Accrued liabilities1007064554547
Taxes payable272016111823
Other undisclosed accounts payable and accrued liabilities32252119208
Debt494133242456
Other undisclosed current liabilities222265206200104114
Total current liabilities:515501440388253290
Noncurrent Liabilities
Long-term debt and lease obligation62662769879659655
Long-term debt, excluding current maturities62662769879659655
Liabilities, other than long-term debt19819477795543
Deferred tax liabilities, net36323631
Deferred income tax liabilities4543
Financial instruments subject to mandatory redemption, settlement terms, share value, amount    46
Other liabilities1531514247157
Total noncurrent liabilities:82582177687565198
Total liabilities:1,3391,3221,2161,264904388
Temporary equity, carrying amount  19 25
Stockholders' equity
Stockholders' equity attributable to parent1,007902831740687703
Common stock200195182139125132
Additional paid in capital495257412828
Accumulated other comprehensive loss(34)(59)(56)(43)(67)(57)
Retained earnings792714648603601601
Stockholders' equity attributable to noncontrolling interest555554
Total stockholders' equity:1,012907836745692707
Other undisclosed liabilities and equity    4 
TOTAL LIABILITIES AND EQUITY:2,3522,2292,0522,0171,6001,120

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues1,3771,3191,170611566516
Revenue, net611566516
Cost of revenue(683)(705)(600)(79)(66)(56)
Cost of goods and services sold(2)(4) (79)(66)(56)
Gross profit:695614570532500460
Operating expenses(432)(390)(385)(369)(322)(245)
Other undisclosed operating loss   (55)(42)(40)
Operating income:263223185107136175
Nonoperating income8912866
Investment income, nonoperating   323
Other nonoperating income8912543
Interest and debt expense(36)(41)(45)(38)(12)(5)
Income from continuing operations before equity method investments, income taxes:23619115377129176
Income (loss) from equity method investments   (0)11
Income from continuing operations before income taxes:23619115377130176
Income tax expense(66)(42)(31)(2)(37)(38)
Net income:1701491227594139
Net loss attributable to noncontrolling interest(0)(0)(0)(0)(2)(2)
Net income available to common stockholders, basic:1701491217592136
Other undisclosed net loss available to common stockholders, diluted   (0)  
Net income available to common stockholders, diluted:1701491217592136

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:1701491227594139
Other comprehensive income (loss)  (14)25(10)(40)
Other undisclosed comprehensive income (loss)25(3)  0(0)
Comprehensive income:1951461081008498
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(0)(0)0(0)(2)(2)
Comprehensive income, net of tax, attributable to parent:1951461081008296

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: